Port of Singapore reaches 39 million TEUs in 2023
SINGAPORE : The Port of Singapore handled 39 million TEUs in 2023, showcasing a 4.6% increase compared to the previous record of 37.57 million TEUs in 2021. The Maritime and Port Authority of Singapore
Saudi Ports Authority “Mawani”, announced a 12.07% increase in container handling across the ports under its management in 2023
RIYADH : Saudi Ports Authority “Mawani”, announced a 12.07% increase in container handling across the ports under its management in 2023. A total of 8,443,746 TEU were handled, marking a noteworthy rise from the
APM Terminals to invest $500 million in Louisiana Port
LOUISIANA : APM Terminals (APMT) says it will invest an initial $500 million to build a major container terminal near the mouth of the Mississippi River, on the West Bank of Plaquemines Parish. APMT
Colombo port sees jump in traffic amid Red Sea tensions
COLOMBO : Sri Lanka’s Colombo port has seen a big jump in container volumes in recent weeks as vessels steering clear of tensions in the southern Red Sea have found it a convenient transit
Iran & India reach long-term agreement on Chabahar port’s development
TEHRAN : Iran and India have reached a “final agreement” on the development of the southeastern Iranian port city of Chabahar, the official news agency IRNA reported on Monday. The agreement was reached during
AD Ports Group and CMA CGM join forces with Ecocean to Preserve Marine Biodiversity at Khalifa Port
ABU DHABI : AD Ports Group, a leading facilitator of global trade, logistics, and industry, CMA CGM Group, a global player in maritime, land, air and logistics solutions, and Ecocean, an innovative company serving
Egypt’s Suez Canal revenues down 40% due to Houthi attacks
CAIRO : Dollar revenues from Egypt’s Suez Canal are down 40% from the beginning of the year compared to 2023, canal authority head Osama Rabie said on Thursday, after attacks on ships by Yemen’s
Port of Mombasa attracts new global shipping line
MOMBASA : The Port of Mombasa is attracting global shipping lines as a result of its efficiency with a leading Korean shipping line docking at the port on its first voyage in Africa. Korea