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Azizi Developments to invest US$272 million in KEZAD facilities

Khalifa Economic Zones Abu Dhabi (KEZAD) Group, the largest operator of integrated and purpose-built economic zones, and UAE-based Azizi Developments have signed a 50-year...
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VICT approved for on-site rural tailgate inspections

Victoria International Container Terminal (VICT), the automated terminal operated by International Container Terminal Services, Inc. (ICTSI) at the Port of Melbourne, has received official...

India and China in Strategic Contest

The ports of Mundra, Chennai, and Mumbai in India, along with Bangladesh's Chittagong, China's Shanghai, Sri Lanka's Hambantota, and Myanmar's Kyaukpyu, form critical nodes...

CMA CGM announces PSS from Indian Sub, Middle East, Red Sea and Egypt to USEC and Gulf

CMA CGM has announced the implementation of a Peak Season Surcharge (PSS) of US$1,500 per unit from the Indian Subcontinent, Middle East Gulf, Red...

Global bunker indices continue downward trend

In the 46th week of the year, Marine Bunker Exchange (MABUX) global indices resumed a moderate downward trend. The 380 HSFO index dropped by US$7.39...