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August 16, 2024

DP World Trade Finance, BBK integrate logistics and financial services to boost regional trade

Logistics, Company, Economy, Finance, Global Trade, Trade, Trending News
DUBAI : DP World Trade Finance, the trade finance business unit of Dubai’s DP World, and the Bank of Bahrain and Kuwait (BBK) recently announced a partnership that aims to integrate logistics and financial
August 16, 2024

Asyad Line expands Far East Express service catering for trade growth and sustainability in Asia-GCC corridor

International Shipping, Shipping Line, Trade, Trending News
MUSCAT : Asyad Line, part of Asyad Group, is expanding its reach in Asia with a significant enhancement of its Far East Express (FEX) service. Starting August 2024, the upgraded pendulum service will offer
August 16, 2024

Hapag-Lloyd falls short of US$800 million profit in first half

International Shipping, Export - Import, Shipping Line, Trade, Trending News
HAMBURG : Hapag-Lloyd concluded the first half year of 2024 with a Group EBITDA of USD 2 billion (EUR 1.8 billion). The Group EBIT decreased to USD 0.9 billion (EUR 0.8 billion) and the
August 16, 2024

WTO spotlight on MSP, export bans

EXPORT, Finance, Global Trade, Trade, Trending News
GENEVA : Preparations for the 14th WTO Ministerial Conference in 2026 are in full swing. As India’s Agriculture Minister Shivraj Singh Chouhan charts a roadmap, we propose addressing key agricultural issues in the ongoing
August 16, 2024

APM Terminals Gothenburg predicts a record year for railway volumes

Ports, Container Terminal, Trade, Trending News
GOTHENBURG : APM Terminals (APMT) has reported that interest in rail is reaching new heights in the Nordics, and APMT Gothenburg predicts a record year for railway volumes. To meet demand, the rail network
August 16, 2024

Maersk launches third methanol-fueled vessel

International Shipping, Maritime, Trending News
COPENHAGEN : Antonia Mærsk, the third large dual-fuel vessel in the fleet capable of operating on green methanol, was officially unveiled on 9 August in Aarhus, Denmark. As recently announced, Maersk is advancing its fleet
August 16, 2024

Marlink unveils flexible Starlink LEO data plans to simplify hybrid network integration

International Shipping, Maritime, Technology, Trending News
OSLO : Marlink, the leading managed services provider of business-critical ICT solutions, has introduced flexible and bespoke Starlink LEO internet plans within its hybrid network solutions. The new plans allow customers across maritime, onshore
August 16, 2024

US grain exports seen rising 12%, but sailing distances could shorten : BIMCO

EXPORT, Global Trade, Trending News
LONDON : “In 2024, grain exports from the US are expected to rise 12% from 2023, driven by a rebound in maize shipments. During the first seven months of 2024, shipments have risen 6%
August 16, 2024

Rhenus Group appoints Gilles Delarue as New CFO and Member of the Management Board

Logistics, Company, Trade, Trending News
SINGAPORE : The Supervisory Board of the Rhenus Group has appointed Gilles Delarue as the new Chief Financial Officer (CFO) and member of the Management Board, effective 1 September 2024. Delarue, currently serving as Head
August 16, 2024

GAC Spain expands to Port of Huelva, paving the way for Spain’s energy future

International Shipping, Company, Logistics, Trade, Trending News
ALGECIRAS : GAC Spain, a leading provider of shipping and logistics services in the Iberian Peninsula, has opened a new office at the Port of Huelva, enhancing its support for customers within the country’s
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