APM Terminals to invest $500 million in Louisiana Port
LOUISIANA : APM Terminals (APMT) says it will invest an initial $500 million to build a major container terminal near the mouth of the Mississippi River, on the
Colombo port sees jump in traffic amid Red Sea tensions
COLOMBO : Sri Lanka’s Colombo port has seen a big jump in container volumes in recent weeks as vessels steering clear of tensions in the southern Red Sea
Iran & India reach long-term agreement on Chabahar port’s development
TEHRAN : Iran and India have reached a “final agreement” on the development of the southeastern Iranian port city of Chabahar, the official news agency IRNA reported on
AD Ports Group and CMA CGM join forces with Ecocean to Preserve Marine Biodiversity at Khalifa Port
ABU DHABI : AD Ports Group, a leading facilitator of global trade, logistics, and industry, CMA CGM Group, a global player in maritime, land, air and logistics solutions,
Egypt’s Suez Canal revenues down 40% due to Houthi attacks
CAIRO : Dollar revenues from Egypt’s Suez Canal are down 40% from the beginning of the year compared to 2023, canal authority head Osama Rabie said on Thursday,
Port of Mombasa attracts new global shipping line
MOMBASA : The Port of Mombasa is attracting global shipping lines as a result of its efficiency with a leading Korean shipping line docking at the port on
Port of Virginia becomes first USEC port powered by 100% clean energy
NORFOLK : The Port of Virginia is now powering all its terminals with electricity from clean resources and accelerating its goal of becoming carbon-neutral by 2040. By utilising
Shanghai retains the world’s busiest container port crown in 2023
SHANGHAI : The Chinese Port of Shanghai maintained the title as the world’s busiest container port in 2023 with a 3.6% increase in volumes. Container volume at Shanghai
AD Ports Group and Red Sea Port Authority Initial 15-Year Concession Agreement to Boost Cruise Touri
CAIRO : AD Ports Group, a leading facilitator of global trade, logistics, and industry today initialled a 15-year concession agreement with the Red Sea Port Authority (RSPA), to
Saudi Red Sea Authority initiates on ground inspections ahead of License Issuance
RIYADH : Saudi Red Sea Authority (SRSA), the key enabler and regulator of coastal tourism activities in Saudi’s Red Sea, has begun on ground inspections as a prerequisite