March 14, 2026
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Duqm Port development deal with Adani Group is open : Oman official

March 5, 2024 Foreign Ports, Business, Global Trade, Private Port, Shipping, Trending News
MUSCAT : Oman is highly optimistic about Indian investments in the country, particularly in the development of the Duqm Port by the AdGroup, an Oman official said. Saleh Hamood Al Hasani, advisor to the Chairman of the Public

CMA CGM, Shanghai International Port Group extend Terminal Stevedoring Agreement

March 5, 2024 Foreign Ports, Shipping Line, Trade, Trending News
SHANGHAI : French shipping company CMA CGM and the terminal operator Shanghai International Port Group (SIPG) jointly held a strategic Terminal Stevedoring Agreement (TSA) extension signing ceremony on 28 February in Shanghai, China. The

The Green Award welcomes 8 New Japanese ports, expanding its Asian footprint

March 4, 2024 Foreign Ports, Global Trade, Trending News
ROTTERDAM : The Green Award Foundation is pleased to announce that 8 ports additionally managed by the Osaka Ports and Harbors Bureau have joined as new Incentive Providers, offering discounted port fees to Green

APM Terminals invests US$1 million in electric vehicle fleet upgrade

February 29, 2024 International Shipping, Container Terminal, Foreign Ports, Trending News
LOS ANGELES : APM Terminals has announced a significant advancement in its terminal operations fleet by transitioning to electric vehicles (EVs). With an investment of nearly US$1 million, the terminal has replaced 28 internal

New container line starts operations in Saudi Arabia

February 29, 2024 Export - Import, Foreign Ports, Global Trade, International Shipping, Logistics, Maritime, Shipping, Trade, Trending News
RIYADH : A new shipping company has started operations in Saudi Arabia, called Folk Maritime, offering feeder vessel services and short-sea transportation solutions. Mr. Poul Hestbaek is the first Chief Executive Officer (CEO) of

Japanese funding to enhance BIA & Colombo Port’s health facilities

February 28, 2024 Foreign Ports, Trending News
COLOMBO : A proposal to use Japanese assistance to improve cross-boarder health preparedness at the Colombo Port and the Bandaranaike International Airport (BIA) in Katunayake has been approved by the Cabinet. The International Organization

Cargo volumes in Red Sea area drop 21% due to attacks on ships : BIMCO

February 28, 2024 International Shipping, Foreign Ports, Logistics, Trade, Trending News
LONDON : “During the first seven weeks of 2024, cargo volumes to and from ports in the Gulf of Aden and Red Sea declined 21% y/y. The number of ships arriving in these ports

Port of Rotterdam adopts Green Award verification for new EU shipping sustainability incentives

February 24, 2024 Maritime, Foreign Ports, Trending News
ROTTERDAM : The Port of Rotterdam cements its position as a leader in sustainable shipping by becoming the first EU port to utilise Green Award Foundation’s specialised Ship Waste module programme to verify ships

PSA partners with HERE Technologies to enhance truck operations in Singapore

February 21, 2024 International Shipping, Foreign Ports, Logistics, Technology, Transport, Trending News
SINGAPORE : HERE Technologies, a major provider of location data and technology solutions, has announced its collaboration with PSA Singapore, the operator of the world’s largest transshipment hub, to revolutionise the container truck ecosystem

AD Ports Group reports $370.28 million in net profit for 2023

February 16, 2024 Foreign Ports, Trade, Trending News
ABU DHABI : AD Ports Group has announced its financial results for the fiscal year ending on December 31, 2023. The company reported a net profit of AED1.36 billion (approximately $370.28 million), representing a
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