May 9, 2026
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DP World raises $1.5 billion for decarbonization

October 13, 2023 Maritime, Company, Ports, Trade, Trending News
DUBAI : Dubai-based port operator DP World has raised USD 1.5 billion through a Green Sukuk to support its global decarbonization efforts. Sukuk are Islamic financial instruments representing ownership and profit-sharing in asset-backed, Sharia-compliant

Carriers and forwarders to lose mark-up on THC collection in Dubai

October 13, 2023 Trending News, Export - Import, Foreign Ports, International Shipping, Logistics, Trade
JEBEL ALI : Container lines serving Middle East trades are facing the prospect of losing a major source of their income from mark-ups or margins on ancillary collections. According to a decree by the

Cost of container shipping to Chabahar Port reduced significantly

October 12, 2023 Foreign Ports, Shipping, Shipping Line, Trending News
CHABAHAR : Referring to the establishment of direct container shipping lines from Chabahar Port in southeastern Iran to the ports of Nhava Sheva in India, and Taixing, Zhuhai and Qingdao in China, in collaboration

Zhen Hua 15, from China to be first cargo vessel to dock at Vizhinjam Port

October 12, 2023 Ports, Shipping, Trending News
THIRUVANANTHAPURAM : Zhen Hua 15, the first ship to the new Vizhinjam Port being developed by Adani Ports in Thiruvananthapuram, will reach the International Seaport in Kerala by October 14. It will reach the

Maersk says port operations in Israel working normally

October 12, 2023 Foreign Ports, Ports, Shipping Line, Trending News
HAIFA : Maersk said on Tuesday that port operations at Israel’s major terminals are running as normal despite a violent conflict with Hamas militants and it continues to accept container bookings to and from

CMA CGM unveils “Port Liberty”

October 12, 2023 International Shipping, Container Terminal, Ports, Trending News
MARSEILLE : The CMA CGM Group has unveiled the investment and business strategy for its recently acquired Global Container Terminals (GCT) in Bayonne and New York Ports as part of the Group’s U.S. expansion plan. Effective immediately, the

Ports & Terminals : Investor sentiment down

October 12, 2023 Ports, Container Terminal, Maritime, Trade, Trending News
LONDON : Sticky inflation and elevated interest rates had a detrimental impact on investor sentiment. In 3Q23, the S&P Index declined 3.6%, mirroring the broader concerns in the global market. Similarly, the Drewry Port

Blue economy playing big role in driving India’s growth story : Sonowal

October 11, 2023 Maritime, Ports, Shipping, Trending News
NEW DELHI : Union Minister of Ports, Shipping, and Waterways and AYUSH, Shri Sarbananda Sonowal, said the upcoming Global Maritime India Summit in Mumbai offers investment opportunities exceeding Rs 10 lakh crore and the

Vibrant Gujarat -Vibrant Kutch Celebration Summit

October 11, 2023 Ports, Business, COMMERCE, Trade, Trending News
GANDHIDHAM : After inaugurating the two-day Vibrant Gujarat-Vibrant Kutch Celebration Summit at Dr. Babasaheb Ambedkar Convention Centre, on 10.10.2023, the Hon’ble Minister Shri Jagdishbhai Vishwakarma alongwith Shri Praful Pansheriya, Chairman-DPA-Shri S.K.Mehta,IFS, Collector Kutch Shri

CMA CGM axes Chittagong call due to lower demand and port restrictions

October 11, 2023 International Shipping, Foreign Ports, Ports, Shipping Line, Trending News
MARSEILLE : CMA CGM has halted a direct call out of Bangladesh’s Chittagong Port which it began in April – the latest sign of continuing carrier network changes in a bid to stay aligned
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