Cosco Shipping Ports invests in Egypt’s Ain Sokhna container terminal
SHANGHAI : Cosco Shipping Ports announced its investment of a 25% stake in a new container terminal at Egypt’s Ain Sokhna Port. The company has signed project agreement
Hutchison Ports investing $700m in Sokhna and Alexandria terminals
HONG KONG : Hutchison Ports is to invest $700m in Ain Sokhna Port, and a new container terminal in the Port of Alexandria in Egypt. The investment includes
Mawani announces new Shipping Service to link Saudi Arabia to Indian Subcontinent
RIYADH : The Saudi Ports Authority (Mawani) has announced the addition of King Abdulaziz Port to the IMX service run by a maritime consortium that includes Qatar-based shipping
China shows interest to build an oil refinery in Sri Lanka’s Hambantota Port
COLOMBO : China has expressed interest to build an oil refinery in Sri Lanka’s strategically located Hambantota district, in a move aimed at expanding its footprint in the Indian Ocean
Port of Oakland passes zero-emission law
OAKLAND : At its meeting on 9 March, the Oakland Board of Port Commissioners approved an environmental ordinance. The Port legislation requires cargo-handling equipment (CHE) tenants to develop
Saudi ports record 7.76% hike in container traffic in February 2023
RIYADH : The Saudi Ports Authority (Mawani) has announced a 7.76% rise in container traffic at its trade hubs during February 2023, handling 622,837 TEUs compared to 577,993
China remains most important partner for German seaports in container traffic
BEIJING : China remained the “most important partner” for German seaports in container traffic in 2022, accounting for more than one-fifth of the country’s container throughput, the Federal
Chabahar Port testomony to India-Iran partnership
NEW DELHI : Indian Minister of Ports, Transport, and Waterways, Shri Sarbananda Sonowal, has just lately said that India and Iran are in talks concerning the phrases of the first contract
Dubai’s Jafza records 30% growth in new customer registrations in 2022
DUBAI : Dubai’s Jebel Ali Free Zone (Jafza) recorded a 30 per cent growth in customer registrations in 2022, boosted by an influx of Chinese companies. Last year
AD Ports Group Enters the Uzbekistan Logistics Market via Joint Venture with SEG ENERA Group
ABU DHABI : AD Ports Group, a leading facilitator of global trade, logistics, and industry, and SEG ENERA Group, one of the largest multisectoral holding companies in Uzbekistan, announced