DP World and Brazilian railway operator to build new terminal at Santos
SAO PAULO : DP World has joined forces with Brazilian railway operator Rumo to build a new terminal at the Port of Santos to handle 12.5 million tonnes of grains and fertilizers per year.
Panama Canal drought could threaten global supply chain : S&P
MEXICO CITY : The severe drought which has forced the Panama Canal, one of the world’s busiest trade passages, to limit daily crossings could impact global supply chains during a period of high demand,
Hualien Port operations suspended after Taiwan Earthquake
TAIWAN : On Wednesday at 07:58 hours, a 7.2 magnitude earthquake struck near Hualien, Taiwan, with the epicentre 15.5 kilometers from the county. This is Taiwan’s largest earthquake in 25 years, with ten casualties
Shanghai Port remains world’s busiest with record throughput in 2023
SHANGHAI : Shanghai Port remained the world’s busiest container port for the 14th consecutive year in 2023, totaling 49.158 million TEUs, according to a press conference in Shanghai. Shanghai is accelerating its role as
Baltimore bridge: Alternative route to open for shipping
BALTIMORE : A temporary route for ships has opened near the collapsed Baltimore bridge, as part of what officials call an “enormous” recovery effort. Six people died after the Dali cargo ship struck the
Port of Hong Kong faces severe connectivity loss
HONG KONG : Recent service networks released by the container shipping alliances reveal a noticeable trend that majority shipping lines are rapidly scaling back their presence in Hong Kong along East-West shipping routes. Gemini’s
Ship owner of Baltimore Bridge collapse seeks $44 Million liability limit
BALTIMORE : The owner of the ship that rammed into a bridge in Baltimore last week, killing six workers and throwing the eastern US transportation network into chaos, is seeking to limit its liability
AD Ports Group announces 2023 Annual Report
ABU DHABI : AD Ports Group, a leading facilitator of global trade, logistics, and industry, issued its 2023 Annual Report on April 1. The report highlights significant achievements for the Group that expanded its