SEOUL : Ulsan Port Authority (UPA) has announced that it signed an equity investment agreement worth US$17.6 million with Hyundai Oil Terminal Corporation on 1 August 2024, to establish Korea’s alternative marine fuel supply
NEW YORK : The first half of 2024 hasn’t been particularly kind to shippers, global containership operators, and U.S ports. They’ve dealt with rebel attacks on ships transiting the Suez Canal and the Red
RIO DE JANEIRO : Wilson Sons, a leader in port and maritime logistics in Brazil, was recognized, for the second year running, as one of Brazil’s most innovative companies. According to the Valor Inovação
DHAKA : Bangladeshi apparel exporters are grappling with multiple challenges in dispatching their products, even by costly air freights, as their lead times are dwindling due to disruptions in production and shipments caused by
ABIDJAN : The Board of Directors of the African Development Bank Group has approved a $135 million package to the Union of the Comoros – its largest ever to the Indian Ocean archipelago –
SINGAPORE : The Maritime and Port Authority of Singapore (MPA) signed a memorandum of understanding (MoU) with Microsoft on 29 July to collaborate in innovative technologies including cloud computing, artificial intelligence (AI), data analytics,
TEHERAN : Union Minister Shri Nitin Gadkari attended swearing-in ceremony of Iranian president Masoud Pezeshkian in Iran. “We look forward to continued collaboration and mutual growth, reaffirming our commitment to furthering India-Iran relations across
HAMBURG : Camillo Fontana will become Chief Financial Officer (CFO) of Hanseatic Global Terminals (HGT) effective 1 August 2024. Hanseatic Global Terminals is based in Rotterdam and pools Hapag-Lloyd’s infrastructure holdings, which involves stakes
DUBAI : Jebel Ali Port proudly welcomed Cosco Shipping’s newest RoRo vessel, ‘Min Jiang Kou,’ marking her first regional call. This event signals a significant milestone for the port and the maritime industry. ‘Min
RIO DE JANEIRO : Wilson Sons, a leader in port and maritime logistics in Brazil, invests BRL 9 million in Rio Grande Container Terminal by deploying a new ship operation technology. In July this