Jeddah Islamic Port posts 25% spike in April container throughput
RIYADH : Jeddah Islamic Port has notched a 25.07% hike in total container volumes during April this year, handling around 465,348 TEUs compared to last year’s 372,064 TEUs
ZIM reports 769,000 TEUs in the first quarter of 2023
HAIFA : ZIM Integrated Shipping Services, a worldwide container liner shipping firm, has released its consolidated results for the three months ending 31 March 2023. Carried volume in
DHL Global Forwarding announces leadership change in Asia Pacific
SINGAPORE : DHL Global Forwarding, the freight specialist arm of Deutsche Post DHL Group, announces a change in its Asia Pacific management as Kelvin Leung, CEO, DHL Global
Olivier Boccara appointed as CEO of Bolloré Logistics Asia Pacific
SINGAPORE : Bolloré Logistics announces that Olivier Boccara has been appointed as CEO of Bolloré Logistics Asia Pacific. Based in Singapore, he takes over from Cyril Dumon and
Global production of shipping containers piles up at major ports because of lack of demand for goods
LONDON : Global production of shipping containers has fallen significantly as demand for goods sank following the easing of pandemic restrictions, leaving the corrugated steel boxes piled up
World Shipping Council report: Reduction in containers lost at sea in 2022
WASHINGTON D.C. : In 2022, 661 containers were lost overboard, according to the annual report of World Shipping Council (WSC). This number represents less than one-thousandth of 1%
Bureau Veritas Solutions Marine & Offshore and ENGIE announce low-carbon advisory and risk manag
(NEUILLY-SUR-SEINE)FRANCE : Bureau Veritas Solutions Marine & Offshore, a technical advisory, asset management and assurance solutions organization, and ENGIE, a global industry leader in low-carbon energy supply and
Baltic index hits over two-month trough on lower rates across vessels
LONDON : The Baltic Exchange’s main sea freight index slumped to its lowest level in over two-months on Tuesday as rates across all vessel segments declined. The overall
Central Govt is working on Policy to allow ports extend lease beyond 30 years
NEW DELHI : The Centre is preparing a policy that will allow extension of Port terminal contracts beyond their 30-year lease period under certain conditions. “The policy will
MSC takes delivery of another sea behemoth, expanding the elite club of world’s largest ships
GENEVA : Chinese shipbuilder Hudong-Zhonghua Shipbuilding Group, in collaboration with China Shipbuilding Trading Co., Ltd. (CSTC), hosted a naming and delivery ceremony for the 24,000 TEU container vessel,
