Shipping industry’s latest huddle: USD 10 billion loss due to climate changeIFM CorrespondentNovember 6, 2023November 6, 2023 by IFM CorrespondentNovember 6, 2023November 6, 2023 The shipping sector has reportedly been sluggish of late, when it comes to cutting carbon emissions... Read more
Shipping cost soars, courtesy — vessel shortagePrajwal WeleOctober 5, 2022October 4, 2022 by Prajwal WeleOctober 5, 2022October 4, 2022 Xeneta chief analyst Peter Sand stated that shipping this year has been remarkable as a result of the war in Ukraine... Read more
DP World opens 11.5 acres container park at Southampton to increase storage capacityIFM CorrespondentOctober 6, 2021 by IFM CorrespondentOctober 6, 2021 The new container park was developed with an investment of around £3m... Read more
Kenya’s Lamu Port begin operationsAshwini sekarMay 21, 2021 by Ashwini sekarMay 21, 2021 Two ships arrived from Mombasa and Dar-es-Salaam ports... Read more
Tanker shipping tonne-mile demand record 5% slump in 2020International Finance Business DeskFebruary 11, 2021 by International Finance Business DeskFebruary 11, 2021 Last year, routes from South America to Asia recorded 757m tmpd, while another route from West Africa to Asia marked a 441m tmpd surge... Read more
DP World subsidiary buys three business units of Transworld GroupWebAdminSeptember 8, 2020 by WebAdminSeptember 8, 2020 The acquisition is made through DP World subsidiary Unifeeder... Read more
DP World announces completion of 400 meter extension of Berbera PortPritam BordoloiAugust 14, 2020 by Pritam BordoloiAugust 14, 2020 It will increase the terminal’s capacity by 500,000 TEUs per year... Read more
The UK to allocate GB£705 mn for Brexit-related port requirementsInternational Finance Business DeskJuly 22, 2020 by International Finance Business DeskJuly 22, 2020 The British Ports Association said the funding will assist in infrastructure systems, jobs and technology on the back of Brexit... Read more
Port of Mombasa sees huge in container movement despite pandemicInternational Finance Business DeskJune 23, 2020June 23, 2020 by International Finance Business DeskJune 23, 2020June 23, 2020 Joseph Maina registered a new crane record of 51 moves per hour... Read more
ZPMC delivers machineries to Brazil’s port despite pandemicInternational Finance Business DeskJune 8, 2020June 8, 2020 by International Finance Business DeskJune 8, 2020June 8, 2020 The Port of Salvador is the largest container port in the north of Brazil... Read more