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Shipping service connecting India, South East Asia with Saudi Arabia comes up
RIYADH, SAUDI ARABIA – VASI Shipping Pte Ltd has introduced a new shipping service IMS at King Abdulaziz Port in Dammam, connecting the Kingdom to Southeast Asia and India, Saudi Ports Authority (Mawani) announced. This service aims to enhance its strategic partnerships with major international shipping lines, support the maritime...
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Why are global freight rates so high?
As the world looks to pare inflation, it is facing headwinds from the high freight rates currently prevalent all across the globe. -
Saudi Arabia tops region’s maritime connectivity progress
Saudi Arabia has scored 70.68 on the Maritime Connectivity Index. -
India to share white shipping info with Gulf countries
India has said in a statement that the MoU would ‘contribute to enhanced maritime safety and security in the region.’ -
Drydocks World develops ‘South Yard’
The latest project is aimed at increasing the company’s fabrication capacity. -
Shipping industry evades gloom, makes big money
The pandemic might have battered other sectors of the world economy, but the shipping industry has raked in revenues not seen since 2008. -
As an industry, we need to have more sustainability, says DP World CEO
While speaking exclusively with TRENDS at World Economic Forum at Davos, Sultan Ahmed Bin Sulayem, Group Chairman and CEO, DP World, says the world is witnessing a positive shift in terms of sustainability. What would you say about the economic outlook for 2018? How is it being reflected in the shipping and transport...