For the 10th year in a row, Singapore ranks first in the Xinhua-Baltic International Shipping Centre Development Index (ISCDI) Report, while Dubai holds on to its fifth place for the fourth year in a row. Published jointly by Chinese state news agency, Xinhua, and global maritime data provider, Baltic Exchange, the report lists Singapore as… Read More
The Saudi Ports Authority (MAWANI) has signed an agreement with the Saudi Investment Recycling Company (SIRC) to boost collaboration across sustainability, marine safety, and oil spill control. The deal was inked by Yousef Alhosan, Vice President for Supervision, Policies & Legislations at Mawani, and Abdulrahman Al-Obayed, SIRC’s Executive Vice President for HR and Shared Services…. Read More
Qatar – QTerminals, a terminal operating company jointly established by Mwani Qatar and Milaha, has officially completed the acquisition of a majority stake in Kramer Holding, a provider of integrated logistics and container services located in the Port of Rotterdam in the Netherlands. This was announced by QTerminals in its social medial platform X. The… Read More
TRADITIONALLY, GOODS flowing between India and Europe have relied heavily on routes passing through the Suez Canal. After the acquisition of Haifa Port, Israel’s second largest port, by a consortium led by India’s Adani Group, it is being transformed into a world-class facility that can be an alternative route, besides challenging China’s growing footprint in the… Read More
Overall container volumes remain solid through August HOUSTON – Loaded export volumes at Port Houston are up 10% year-to-date, maintaining the upward trajectory seen throughout 2023 and helping support overall volumes through Barbours Cut and Bayport Container Terminals. These exports are primarily resins and Port Houston is the nation’s leading gateway for resin exports, with a 59%… Read More