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King Abdulaziz Port in Dammam has set a new container throughput record by handling 188,578 TEU during June 2022. Managed and operated by Saudi Global Ports (SGP), Kund Abdulaziz Port surpassed the…
Adani Logistics Ltd will acquire the Inland Container Depot (ICD) “Tumb” (Vapi) from Navkar Corporation Ltd. The agreement has been signed for an enterprise value of Rs 835 Cr ($105.2 million). The…
The national operator of South Africa’s ports has announced shortlisted companies to upgrade two of its facilities. Transnet announced on 12 August the finalist respondents for privatisation in the…
Ocean Network Express (ONE) has introduced a new port call in Mombasa, Kenya to its Middle East – India – Mozambique (MIM) service. This additional call will provide a direct connection between the…
Kalmar, part of Cargotec, has concluded an agreement to supply international cargo and logistics operator Tropical Shipping with three Kalmar diesel-electric straddle carriers. The order was booked in…
AD Ports Group announced its financial results for the year’s second quarter, seeing a 59 per cent surge in net profits. Net profit growth accelerated to 59 per cent year-over-year (YoY), reaching…
ZIM Integrated Shipping Services Ltd. (ZIM) has announced the completion of a Series A financing round in Hoopo Systems Ltd., a provider of tracking solutions for unpowered assets. ZIM invested $5.5…
The Suez Canal Authority and Maersk have signed a new $500 million deal to build a new berth at the Suez Canal Container Terminal in East Port Said. The deal, signed earlier this week, aims to turn…
Northeast China’s ports of Manzhouli and Suifenhe on the China-Russia border have seen over 3,100 China-Europe freight train trips since the beginning of the year. During the period, the two ports…
STC INSISO has announced an extension to its six-figure contract with Peel Ports for health and safety assessment. The Aberdeen-headquartered problem-solving company has renewed the contract following…
