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Smart Vessel Berthing System to Facilitate Trade at Dubai Creek Launched

Dubai Customs has launched 'Smart Vessel Berthing System', a new disruptive berthing service for the vessels using the Dubai Creek (Khor Dubai). The vessels will load and unload their goods with the help of an advanced AI based service, built...

Bahri Takes Part in Breakbulk Europe 2019 in Germany

Highlighting its global presence and capabilities, Bahri, a global leader in logistics and transportation, has concluded its participation in Breakbulk Europe 2019 held from May 21-23 at Bremen, Germany. The company showcased its extensive range of logistics services and...

Svitzer Begins Landmark Trial Of New Line Handling Technology

Svitzer, the leading global towage operator, announced that it has begun landmark sea trials of a new ‘industry-first’ remotely operated line catching technology prototype. The new innovative mechanism is being trialled on the vessel Svitzer Trym, in the company’s...

Maersk Warns Trade Tensions Could Curb Shipping Growth

Danish shipping group Moller-Maersk today warned that trade tensions and an economic slowdown could put a brake on growth in freight movements. Seen as an indicator of global trade patterns, Maersk posted first-quarter results in line with expectations as a...

HIPL Acquires 76% Stake in Kribhco Infrastructure Limited in India

Hindustan Infralog Private Limited, HIPL, a joint venture between DP World and the National Investment and Infrastructure Fund in India, has announced the acquisition of a 76 percent stake in Kribhco Infrastructure Limited, an integrated multi-modal logistics operator in...

Saudi Arabia Completes Shipment Using Blockchain; Teen Trucker Proposal Faces Scrutiny

Saudi Arabia said it has completed its first shipment powered by blockchain under Saudi Customs pilot program with TradeLens. TradeLens is a joint program from Maersk (CXE: MAERB) and IBM (NYSE: IBM) to develop blockchain technology for shipping. The Saudi...

Ocean Rate Report: Rising Off Bottom, Still Far from Recovery

Trade conflicts and geopolitical risks are driving sentiment on ocean shipping rates, particularly in the container market. In liquefied gas sectors, propane transport to Asia is looking increasingly vibrant after a multi-year malaise, while natural gas transport appears to be coming...

Port of Hamburg – Strong First-Quarter Growth Powers Upswing

Seaborne cargo throughput reaches 34.6 million tons (up 6.0 percent) USA now second largest trading partner in container traffic Container throughput increases by 6.4 percent to 2.3 million TEU Hinterland traffic growth: 8.0 percent Germany’s largest universal port is again...

Shipping Minister: Ports Still Front & Centre

UK shipping minister Nusrat Ghani has responded to criticism of the government’s inability to focus on anything other than Brexit, to the detriment of the sector. Speaking at the UK Ports Conference, Ms Ghani said that while it’s “very difficult...

Jafza to Infuse AED1.3 Billion Into Dubai’s Economy

To promote ease of doing business and to support its customers Jebel Ali Free Zone, Jafza, the GCC’s largest special economic zone, will become the first free zone in the country to return cash and bank guarantees to its...
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Kontainers: Freight Digitalisation Beyond The Point of No Return

Kontainers, a UK-based e-commerce software provider for freight brands, is at the forefront of driving the digitalisation change of the freight industry with major...

Maritime CEO Forum: Scrubber ‘Shenanigans’ and The Blame Game Dominate Tanker Discussion

The Maritime CEO Forum made its European debut yesterday in the swish surroundings of the Monaco Yacht Club with 100 top shipowners gathered to...

Dragon Oil Takes Over BP Stake in Egypt’s GUPCO

Dragon Oil has announced the acquisition of a stake in The Gulf of Suez Oil Company (GUPCO Egypt) formerly owned by BP. The company, which...