FeaturedShipping and PortsMorocco plans USD 815 million Tanger Med expansion as new port nears openingInternational Finance Business DeskNovember 2, 2026November 2, 2026 by International Finance Business DeskNovember 2, 2026November 2, 2026 The Tanger Med port expansion will add 4.5 million TEUs of annual container-handling capacity, supported by 1,200 meters of quays... Read more
FeaturedShipping and PortsAD Ports, EGA to invest USD 22.9 million to upgrade Khalifa Port infrastructureInternational Finance Business DeskJune 30, 2026June 29, 2026 by International Finance Business DeskJune 30, 2026June 29, 2026 Upon completion of the planned works by August 2028, the upgraded berth is expected to support the handling of approximately eight million tonnes of bulk cargo annually... Read more
FeaturedShipping and PortsLA Port marks 100 years of “World Trade Week” amid shifting US-China trade flowsIFM CorrespondentMay 25, 2026May 24, 2026 by IFM CorrespondentMay 25, 2026May 24, 2026 The centennial of World Trade Week emerged as a moment to take stock of what a century of organised trade advocacy has produced... Read more
FeaturedShipping and PortsShipping 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
FeaturedShipping and PortsShipping 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
FeaturedShipping and PortsDP 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
FeaturedShipping and PortsKenya’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
FeaturedShipping and PortsTanker 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
Shipping and PortsDP World subsidiary buys three business units of Transworld GroupInternational Finance Business DeskSeptember 8, 2020 by International Finance Business DeskSeptember 8, 2020 The acquisition is made through DP World subsidiary Unifeeder... Read more
Shipping and PortsDP 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