COSCO to take stake in Hamburg Port terminal
BERLIN : Germany has agreed to let Chinese Shipping giant COSCO buy a stake in a container terminal at Hamburg’s Port. The deal was originally given the green light last October, but ran into
World Bank: Global container ports continue to recover from pandemic-era disruptions
WASHINGTON DC : Operational conditions at global ports have improved significantly following the unprecedented levels of disruption triggered by the COVID-19 pandemic, according to the third edition of the Global Container Port Performance Index
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 running. Operations include a CMA CGM
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 last month said that it was
AD Ports Group and Karachi Port Trust (KPT) sign a strategic MoU to develop advanced Port and Terminal infrastructure
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 was led by Captain Mohamed Juma
Japan to help build industrial value chain linking B’desh Port & India’s NorthEast
NEW DELHI : Japan wants to achieve more synergy between its development cooperation in India’s northeastern states and neighbouring Bangladesh, including using the Matarbari Sea Port to create a new industrial value chain, Japanese Ambassador
APSEZ’S rail cargo handling grows 22% in FY23
AHMEDABAD : Adani Ports and Special Economic Zone Ltd (APSEZ), the port and logistics division of Adani Group, on Wednesday said it handled its highest-ever rail cargo of over 120 million metric tonnes (MMT)
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 industry. The new non-vessel operating common