April container volumes swell 13.34% at Saudi Ports
RIYADH : Container throughput during April 2023 grew at an annual rate of 13.34% from 601,429 TEUs to 681,663 TEUs as per monthly statistics released by the Saudi
AD Ports Q1 net rises 18pc to $99m; revenue soars 73%
ABU DHABI : AD Ports Group has announced a strong set of first-quarter results with net profit rising 18% to AED363 million ($99 million) and revenue soaring 73%
DP World inks agreements with China’s Ningbo-Zhoushan Port and Zhejiang Seaport
DUBAI : Dubai’s state-owned DP World signed agreements with China’s Ningbo-Zhoushan Port and Zhejiang Seaport on Friday, to cooperate on automobile industry chain services and logistics. Ningbo-Zhoushan said it will
PSA Sines welcomes largest Container Vessel in Portuguese history on its maiden voyage
SINES : The Liberian container vessel MSC TESSA set a milestone record by calling at the Port of Sines in Portugal on 14 April 2023, during its maiden
Shipping starts on the Chittagong-Dubai route
DHAKA : Shipping has recently started in the Chittagong-Dubai route even as part of its debut journey, a ship carrying 121 export containers from Bangladesh left Chittagong Port
First fully electric straddle carrier starts operations at Port of Antwerp
ANTWERP : MSC PSA European Terminal (MPET) launched a new fully electric straddle carrier (e-straddle carrier) at its terminal in the Port of Antwerp. That was part of
New partnership between Ports of Rotterdam and Pecém to strengthen Brazilian-Dutch relations
ROTTERDAM : A new partnership was formed by 27 parties operating in the Ports of Rotterdam and Pecém, which are located in the Netherlands and Brazil respectively. The
China Harbour Engineering Company secures Cambodia port project
BEIJING : China Harbour Engineering Company (CHEC) has been contracted to construct a multi-purpose port in Cambodia. CHEC has signed the contract with Kampot Logistics and Port Company
Dubai unveils World’s Largest Ocean Restoration and Ecotourism initiative
DUBAI : Dubai Reefs comprises a sustainable floating community dedicated to marine research, ecotourism, and regeneration. The assignment includes residential, retail, hospitality, educational, and research facilities. Dubai Reefs
Germany approves COSCO investment in Hamburg container terminal
HAMBURG : The German government has finally approved the acquisition of a minority stake in Container Terminal Tollerort (CTT) by COSCO Shipping Ports. The Chinese port operator will