Syria & DP World sign $800 million port deal after Donald Trump announces to lift US sanctions
TARTOUS : The Syrian Government has signed a memorandum of understanding (MoU) worth $800 million with DP World to develop Syria’s Port of Tartous, Syrian state news agency SANA said on Friday, days after
ESL and Wan Hai to launch India-Med East 2 Service via Suez and Alexandria
TAIPEI : In a move aimed at bolstering maritime trade between South Asia and the Eastern Mediterranean, Emirates Shipping Line and Wan Hai Lines have announced the launch of a new joint shipping service
Countries sharpen oil spill response in the Red Sea
HURGHADA (EGYPT) : Countries in the Red Sea region are taking steps to improve their preparedness and response systems for major marine pollution incidents involving oil and hazardous and noxious substances (HNS) spills. A
Pakistan ports face export backlog as India’s transit ban forces shipping lines to reroute
ISLAMABAD : Pakistan is facing a “big backlog” of export containers at its ports after international shipping lines began bypassing the country, following India’s decision to block vessels carrying Pakistani cargo, officials and shipping
Fast-growing MYCRANE wins Startup of the Year at Construction Technology Awards
DUBAI : MYCRANE, the first global platform for online crane rental, has been named Startup of the Year at the Construction Technology Awards, held on May 1 in Dubai. The annual awards celebrate the
Panama Canal Administrator Outlines the Waterway’s Evolving Role in Global Trade at Northwestern University
PANAMA CITY : The Panama Canal Administrator, Dr. Ricaurte Vásquez Morales, delivered the 43rd Annual William A. Patterson Distinguished Transportation Lecture, this week, in which he laid out the crucial role the Panama Canal
Breakbulk cargo finds a place on container ships
GOTHENBURG : Even though container ships are primarily designed to transport standard containers, they can also accommodate breakbulk cargo, items that exceed the limitations of container dimensions. This capability is especially evident on the
AD Ports Group Begins 2025 on a Strong Note with Q1 Revenue Increasing 18% and Total Net Profit 16%
ABU DHABI : AD Ports Group (ADX: ADPORTS), an enabler of integrated trade, transport, industry, and logistics solutions, today announced its financial results for the first quarter ending 31st March 2025. Building on the