Hong Kong-listed Orient Overseas (International) said on Tuesday that its units have ordered the construction of 14 container vessels from China COSCO Shipping Corp totaling $3.08 billion in value.The container transport and logistics firms said that t…
Orient Overseas Orders 14 Container Vessels From COSCO Shipping Read More »
Brazilian state-run energy giant Petrobras seeks to attract fresh Chinese investments to Brazil’s oil and gas sector, especially in the naval sector, it said on Tuesday, as Chief Executive Magda Chambriard visits the Asian country.Chambriard and Presid…
Petrobras Aims to Lure Chinese Investments to Brazil’s Naval Sector Read More »
Maersk said on Tuesday it had maintained all its scheduled trans-Pacific sailings to date, albeit downsising some vessels, despite the uncertainty caused by U.S. import tariffs and the trade war between the United States and China.German container…
Maersk: All Trans-Pacific Sailings Maintained Despite Tariffs and Trade War Read More »
China’s Guangzhou Port, the largest shipping hub in the country’s south, opened a direct route to Chancay port in Peru on Tuesday, state broadcaster CCTV reported, a move it said would reduce logistics costs and bolster trade with Latin America.Located…
Guangzhou Port Starts Shipping Route to Peru Read More »
Qatar Gas Transport Company Q.P.S.C. (Nakilat) announced its financial results for the first quarter of 2025, ending March 31. The Company achieved a net profit of QAR 433 million, marking a 3.2% increase from USD$115 million (QAR 420 million) recorded…
Nakilat Reports USD$118 Million Net Profit for Q1 2025 Read More »