Saudi Global Ports celebrates 10 million TEUs milestone
RIYADH : Saudi Global Ports (SGP), a member of the PSA Group, recently crossed its 10 millionth TEU milestone in May since the start of its commercial operations
Newbuilding prices climb 3% to highest level in 16 years : BIMCO
LONDON : “Since the start of the year, newbuilding prices have risen 3% to their highest level since 2008. Compared to their most recent low in late 2020
Port of Salalah announces $300 million container handling expansion
OMAN : The Port of Salalah has announced that it’s $300 million expansion plan is on track, aiming to expand annual container handling capacity from 5 million to
Saudi Red Sea Authority & ECZA Sign a Cooperation Agreement
RIYADH : Saudi Red Sea Authority (SRSA) signed a cooperation agreement with the Economic Cities and Special Zones Authority (ECZA), to cooperate, integrate, and coordinate in facilitating procedures
Berg secures Louis Dreyfus Armateurs propulsion package for wind-assisted Airbus ro-ro vessels
SHANGHAI : BERG Propulsion has won a contract covering the hybrid propulsion solution that ensure three wind-assisted Louis Dreyfus Armateurs (LDA) ro-ro vessels will maximize efficiency regardless of
Qupital Welcomes HSBC and Citi as Senior Investors of Securitization Facility
HONG KONG : Qupital, Asia’s leading data-driven fintech platform specializing in supply chain financing solutions for e-commerce businesses, is pleased to announce the successful refinancing of its securitization
Sarbananda Sonowal taken charge at the Ministry of Ports, Shipping & Waterways
NEW DELHI : The Union Minister Shri Sarbananda Sonowal took charge of the Ministry of Ports, Shipping & Waterways on Monday, 10th June here. Addressing the office bearers
India’s exports have already started picking after a weak year: Unmesh Wagh, Chairman, JNPA
MUMBAI : Jawaharlal Nehru Port Authority (JNPA) will aim to handle 7 million TEU of cargo in FY25, up from 6.42 million TEU in FY24, Mr. Unmesh Wagh,
FFFAI joins Gujarat Maritime Cluster at a meeting in GIFT City
AHMEDABAD : The Federation of Freight Forwarders’ Associations in India (FFFAI), under the leadership of Chairman Mr. Dushyant Mulani, organized a delegation visit for its members to the
Modi 3.0: FM Sitharaman is all set to present seventh Budget in a row
NEW DELHI : As the country’s Finance and Corporate Affairs Minister Smt. Nirmala Sitharaman, 64, is set to become the first Finance Minister to present seven consecutive Budgets —
