In a continued effort to provide our customers with reliable and efficient service, CMA CGM Group will upgrade its service offering connection India and Middle East to East Africa., said press release from the company.Starting 17th August 2018…
ISC Middle East to East Africa Service Reshuffling Read More »
The government of India has identified 243 projects at a total cost USD 21 billion have been identified for enhancing the infrastructure at Indian ports upto 2035, under Sagarmala Program.Out of these 44 projects (USD 1.25 bln) have been completed…
India Spurring Port Development Read More »
Diana Containerships reported a net loss of $42.3 million for the second quarter of 2018, compared to net income of $36.5 million for the same period of 2017. The loss for the second quarter of 2018 includes $15.6 million of impairment charges…
Diana Containerships Slips Into the Red Read More »
The tanker market is reeling under the pressure of changing crude trade flows and tonnage oversupply, but could soon be faced with yet another peril. In its latest weekly report, shipbroker Intermodal noted that “we are now into the second half of 2018…
New Fuel Directives and the Tanker Market Read More »
Saudi Arabia has announced a temporary halt on oil shipments via Bab el-Maneb with immediate effect after reports of two tankers attacked by Yemen’s Houthi militia surfaced mid-week. It’s been reported that the two vessels were owned by Bahri (Saudi Na…
Conflict Shakes Middle East Exports Read More »