Continuing rise in the price of bunker fuel behind move to extend surcharge to pass on cost to customers
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CMA CGM extends emergency bunker surcharges Read More »
According to a report on time.com a tour boat exploded in the Bahamas this weekend, killing an American woman and injuring nine others. According to the time.com report, 12 people in total were onboard, including 10 Americans and a pair of Bahamians. A…
Bahamas Tour Boat Explosion Kills One, Injures Nine Read More »
India’s largest port developer Adani Ports and Special Economic Zone (APSEZ) has agreed to pick up 97% stake in Marine Infrastructure Developer (MIDPL) from Larsen & Toubro at an enterprise value of Rs 1,950 crore ($284 million). According to a press r…
Adani Ports Acquires Kattupalli Port Read More »
Dubai-based ports operator DP World has revealed plans to set up a logistics facility in landlocked Ethiopia, a move that comes as the company is developing a port in neighboring Somaliland. A reuters report quoting the United Arab Emirates state news …
DP World Plans Logistics Facility in Ethiopia Read More »
Tokyo court issues temporary restraining order to prohibit repayments as firm looks to restructure.
Japan Drilling Co seeks court protection Read More »