Saudi Arabia’s Port of NEOM open for business
RIYADH : The Port of NEOM, described as the primary seaport of entry to the northwest of Saudi Arabia and which now incorporates Duba Port, is up and
Germany closes deal with COSCO on Hamburg Port Terminal
BERLIN : It became a controversial deal, when Germany has sold 25% of the Hamburg Port to the Chinese shipping company COSCO. Chancellor Olaf Scholz’s three-party coalition government
AD Ports Group and Karachi Port Trust (KPT) sign a strategic MoU to develop advanced Port and Termin
KARACHI : A senior delegation from United Arab Emirates (UAE) visited Karachi and met with H.E. Faisal Sabzwari, Federal Minister For Maritime Affairs, Government of Pakistan. The delegation
Aramex and AD Ports Group form JV to develop new NVOCC Enterprise
ABU DHABI : Aramex, the Middle East’s biggest listed courier company, has signed an agreement with Abu Dhabi Ports Group to set up a joint venture to serve the freight forwarding
Sittwe Port as a Maritime Hub is done & the completion of Kaladan Project will improve regional
NEW DELHI : As the cargo vessel MV-ITT Lion sailed into Sittwe Port in Myanmar on May 9, having left Kolkata five days earlier, it marked an important
APM Terminals reveals $1 Billion investment in Brazil
SANTOS : Maersk’s container terminal operating arm APM Terminals has announced a $1 billion investment in its Brazilian terminals by 2026. The commitment was made by APM Terminals’
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