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Mawani adds Silmar Group's shipping service to JeddahThe Saudi Ports Authority (Mawani) has announced the launch of a new cargo service "MXS1" by Silmar Group to Jeddah to help expand exports and imports. The move is part of Mawani's endeavour to im More… |
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EDGE, Fincantieri to jointly develop underwater systemsEDGE, one of the world’s leading advanced technology and defence groups, and Fincantieri, one of the largest shipbuilding companies in the world, today (November 5) signed an agreement, opening new channels for strategic collaboration in More… |
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Folk Marine launches new shipping route linking GCC, IndiaFolk Marine Services Company, a comopany of Saudi sovereign wealth fund PIF, has announced the launch of a new regional shipping route "India-Arabian Gulf Service," connecting key GCC ports, including Dammam and Umm Qasr, wit More… |
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Saudi shipper Bahri in $1bn deal to buy nine crude oil carriersSaudi Arabia's National Shipping Company of Saudi Arabia (Bahri) has announced that it has finalised a purchase deal with Greek shipping company Capital Maritime and Trading Corporation to acquire nine Very Large Crude Carriers (VLCCs) for More… |
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Saudi Maritime & Logistics Congress, 'a catalyst for growth'Saudi Maritime & Logistics Congress, from September 18 to 19, has become a key regional forum for the exchange of ideas between the brightest and best the industry has to offer. As thousands of shippi More… |
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Saudi Maritime & Logistics Congress, 'a catalyst for growth'Saudi Maritime & Logistics Congress, from September 18 to 19, has become a key regional forum for the exchange of ideas between the brightest and best the industry has to offer. As thousands of shippi More… |
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Saudi shipping major Bahri inks partnership deal with Ma'adenBahri, the national shipping company of Saudi Arabia and a global leader in logistics and shipping, has signed a strategic Letter of Intent (LOI) with Saudi Arabian Mining Company (Ma’aden) that will see the duo explore collaboration opp More… |
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Asry to showcase key expertise at top Greek shipping expoBahrain-based Arab Shipbuilding and Repair Yard Company (Asry) will be showcasing its long-standing experience and expertise as well as its products and services at Posidonia 2024, the world's top shipping exhibition, to be held from June More… |
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DP World revenue up 6.6% to $18.25bn; profit falls 17.7%DP World Limited has reported a revenue growth of 6.6% to $18.25 billion and adjusted EBITDA increase of 1.9% to $5.108 billion with a healthy adjusted EBITDA margin of 28% for 2023 (on a reported basis). Profi More… |
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Operational, energy efficiency key to shipping’s carbon budgetBureau Veritas (BV), a world leader in testing, inspection and certification, has confirmed the potential hefty cumulative impact of operational and technical efficiency measures in keeping shipping within its ‘carbon budget’ to 20 More… |
