Wallem managed bulk carrier rescues two Filipino fishermen from sinking vessel
HONG KONG: Wallem Group, a leading global maritime partner, has released details of an incident in May when a ship under its management rescued two Filipino fishermen from their sinking boat. The bulk carrier
Hormuz flows may remain in limbo even after conflict ends: experts
NEW YORK: The war in Iran could end in a scenario in which control of traffic through the Strait of Hormuz remains in limbo, which could continue to depress traffic through the chokepoint longer
Panama Canal congestion hits yearly high, prompting Jones Act waivers
PANAMA CITY: Panama Canal congestion has climbed to the highest levels this year, prompting US authorities to grant multiple Jones Act waivers for domestic shipments even as the canal authority pledged to maintain full
GEODIS establishes First Multi-Service Port Hub in Le Havre, France
LE HAVRE: GEODIS, a leading global logistics provider, announced the establishment of its first port hub in France, located in Le Havre, at the heart of the country’s leading container port. This integrated logistics
HGT successfully completes the acquisition of a 50% stake in a greenfield container terminal project in Brazil
ROTTERDAM/ARACRUZ: Hanseatic Global Terminals (HGT) and the Imetame Group successfully completed the establishment of the Hanseatic Global Terminals Aracruz S.A. joint venture. Both companies officially begin their partnership to develop and operate the new
MSC reportedly acquires majority stake in Ukraine’s largest Private Port Operator TIS Group
ODESSA : In a development that could significantly reshape Ukraine’s maritime and logistics landscape, media reports indicate that MSC Mediterranean Shipping Company has acquired a 51 percent controlling stake in TIS Group, the country’s
AD Ports Group acquires CLI, Brazil’s leading Agri-Bulk Port Terminal Operator, for over AED 3 Billion
ABU DHABI : AD Ports Group, a leading global enabler of trade, industry, and logistics solutions, acquired Corredor Logística e Infraestrutura (CLI), Brazil’s leading independent agri-bulk port terminal operator, entering the South American market
ADNOC resumes naphtha exports via alternative Oman route, traders say
NEW DELHI : Asia’s naphtha prices tumbled to their lowest since early March as the Abu Dhabi National Oil Co (ADNOC) resumed exports in May via the Omani Port of Sohar, traders said, establishing