October 27, 2023
March 19, 2026
October 27, 2023
Israel to pay compensation for ships damaged in Gaza war
JERUSALEM : Israel will provide compensation for ships that are damaged due to the war in Gaza and the government is taking steps to minimise risks for vessels using the country’s ports, government advisories
October 27, 2023
Kuehne+Nagel delivers a good performance in third quarter 2023
SCHINDELLEGI : The Kuehne+Nagel Group achieved good results in the months January to September 2023 in a market environment that remained challenging. The pandemic-related special economic situation of 2021 and 2022 continued to distort
October 27, 2023
India’s imports of Saudi oil in September slump to a multi-year low
NEW DELHI : India’s reliance on imported crude in the April-September period of the current financial year ending March rose to 87.8 per cent from 86.5 per cent in the corresponding period last year
October 27, 2023
Russia strikes deal with Dubai’s DP World to develop Arctic Sea route
MOSCOW : Russian Nuclear Agency Rosatom said on Tuesday it has set up a joint venture with Dubai’s DP World to develop container shipping through the Arctic as part of an initiative heavily promoted
October 27, 2023
APM Terminals Malaysia to lead maritime decarbonisation in Asia
KUALA LUMPUR: The Malaysian Port of Tanjung Pelepas (PTP), a joint venture between APM Terminals (30%) and the MMC Group, has been selected to join the Partnerships for Infrastructure (P4I) initiative. This government-to-government decarbonisation scheme between
October 27, 2023
DSV and Saudi Arabia’s NEOM establish $10bn logistics joint venture
COPENHAGEN : DSV and Saudi Arabia’s ‘NEOM’ special economic zone have announced a $10bn logistics joint venture (JV) to support the development of NEOM Projects. The JV will focus on providing ground, sea and
October 27, 2023
Strengthened cooperation between WCO and OECD : An updated Memorandum of Understanding signed
BRUSSELS : The World Customs Organization (WCO), represented by its Secretary General, Dr. Kunio Mikuriya, and the Organisation for Economic Co-operation and Development (OECD), represented by its Secretary General Mr. Mathias Cormann, signed an updated
October 26, 2023
Govt crafts innovative scheme to boost Coastal Shipping
NEW DELHI : The government is weighing an innovative plan to promote coastal shipping by introducing integrated public-private-partnership (PPP) port projects at major ports by clubbing vessel acquisition with viability gap funding (VGF) support. VGF is
October 26, 2023