March 15, 2024
March 16, 2026
March 15, 2024
Hapag-Lloyd records third-highest group profit in history despite significant financial declines
HAMBURG : Hapag-Lloyd has reported revenues of US$19.4 billion and profit of US$3.2 billion in 2023, translating to massive year-on-year drops from US$36.4 billion and US$18 billion, respectively. Additionally, the company’s earnings before interest
March 15, 2024
Mawani records growth in Imported Containers by 16.88% and Cargo Throughput Tonnage by 1.44% in February 2024
RIYADH : The ports supervised by the Saudi Ports Authority ‘Mawani’ have recorded a growth in the statistics of imported containers by 16.88%, reaching 266,672 TEUs, compared to 193,937 TEUs in 2023. They also
March 15, 2024
PSA International completes Inaugural Submission to CDP for 2023 Climate Change Assessment
SINGAPORE : PSA International has completed its inaugural disclosure submission to CDP for the 2023 climate change assessment and achieved an overall ‘B’ rating based on environmental information about PSA’s Ports and PORT+ businesses.
March 15, 2024
Indian Navy launches Third 25T Bollard Pull Tug ‘Bajrang’ at Shoft Shipyard, Bharuch
BHARUCH : Third 25T Bollard Pull (BP) Tug, Bajrang was launched by Cmde V Pravin, AWPS (Mbi) on 14 Mar 24 at M/s Shoft Shipyard Pvt Ltd, Bharuch, Gujarat. This Tug is a proud flag bearer of “Make
March 15, 2024
Bangladesh opens land port, no infrastructure across the border
DHAKA : The construction of Balla land port infrastructure has been completed in the Kedara court area near the Bangladesh-India border in Chunarughat of Habiganj at a cost of about Tk 490 million. But
March 15, 2024
Ocean Network Express opens new office in Myanmar
SINGAPORE : Ocean Network Express (ONE) has announced the grand opening of the company’s new office space in Myanmar. The new ONE Myanmar office at Sakura Towers, Bogyoke Aung San Road is located in
March 15, 2024
Red Sea crisis spurs demand for rail transport through Russia from Asia to Europe
MOSCOW : Logistics companies and rail operators have reported a surge in demand for rail transport through Russia from Asia to Europe, following the disruption to sea lanes caused by the recent Houthi attacks
March 15, 2024
Houthi attacks in the Red Sea threaten internet infrastructure
YEMEN : A new threat emerged recently from the attacks by Iran-backed Houthis on shipping in the Red Sea that have caused delays to goods arriving in Europe from Asia. The United States said
March 14, 2024