May 19, 2023
March 21, 2026
May 19, 2023
Russia and Iran sign ‘Rasht-Astara Railway’ deal for strategic new rail link
MOSCOW / TEHRAN : Russia and Iran have agreed a deal to finance and build a railway providing a strategically significant new link in the region. The Rasht-Astara link is seen as an important link in
May 19, 2023
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
May 19, 2023
Drewry: Dry Bulkers’ earnings potential improved over the past four months
LONDON : The Drewry Dry Bulk Equity Index decreased 7.6% YTD, underperforming the S&P 500 which rose 8.1% YTD. The decline can be attributed to macroeconomic weakness caused by rising interest rates, an inflationary
May 18, 2023
IMO celebrates ‘International Day for Women in Maritime 2023’ Today
LONDON : The inaugural IMO International Day for Women in Maritime on 18 May 2022 focused on the theme “Training-Visibility-Recognition: Supporting a barrier-free working environment”. The IMO invites everyone in the maritime industry to celebrate the
May 18, 2023
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)
May 18, 2023
MSC containership fleet to hit 5m teu capacity this month
GENEVA : MSC is set to be the first container line to have fleet of 5 million TEUs in capacity later this month according to analyst Alphaliner. MSC overtook Maersk to become the world’s
May 18, 2023
A.P. Moller – Maersk announces ‘Al Maha’ Ocean Service connecting the Middle East and West Africa markets
DUBAI : A.P. Moller – Maersk (Maersk) announced ocean shipping service, ‘Al Maha’, that will commence its rotation in June 2023. The ‘Al Maha’ service will rotate between the important ports across the UAE, Saudi
May 18, 2023
Joerg Sonne appointed Senior Managing Director of Hapag-Lioys’s North Europe Region
HAMBURG : Mr. Joerg Sonne will become Senior Managing Director of Hapag-Lloyd’s North Europe Region, succeeding Martin Rolf, who will take over the position of Managing Director Human Resources. Sonne joined Hapag-Lloyd as a
May 18, 2023