Mawani, Sultan Logistics ink logistics park deal at King Abdulaziz Port
The Saudi Ports Authority (Mawani) and Sultan Logistics have signed an agreement to establish a logistics park at King Abdulaziz Port in Dammam, Saudi Arabia. With an investment of up to SAR 200 million (around US$53 million), the new park will span an area of 197,000 square meters, aiming to enhance the port’s competitiveness, increase […]
New footage and update on Shahid Rajaee port explosion as death toll rises to 70
Following our previous article on the explosion at Iran’s Shahid Rajaee Port in Bandar Abbas, new updates have shed further light on the scale and impact of the tragedy.. According to Reuters, the death toll has tragically risen to at least 70 people, with more than 1,200 injured.. The explosion, which occurred on 26 April, […]
Saipem wins $590m deal for work on Eni’s UK CCS project
Italian offshore engineering and construction giant Saipem has won a contract from Eni for work on the Liverpool Bay CCS project in the UK. The value of the contract is estimated approximately €520m ($592m) over the three years required to complete the project. The Liverpool Bay CCS project will serve the HyNet industrial cluster, situated […]
StormGeo taps Awake.AI for advanced AI insights on port congestion
StormGeo, a provider of weather intelligence and voyage optimization solutions, has partnered with the Finnish Artificial Intelligence (AI) analytics company Awake.AI to deliver AI-powered port analytics to its clients. StormGeo will promote and deliver Awake.AI’s advanced port call analytics integrated in its s-Insight solution, further enhancing its voyage optimization services. The partnership will offer StormGeo […]
Konecranes to provide CCT Netherlands with new handling equipment
Combined Cargo Terminals B.V. (CCT) in the Netherlands has ordered a Konecranes Gottwald ESP.7 Mobile Harbor Crane equipped with an external power supply. The order was booked in the first quarter of 2025 and delivery to CCT’s Moerdijk terminal is scheduled for the third quarter of 2025. With its 51-meter working radius and visibility for […]
Port of Antwerp-Bruges faces major disruption amid national strike
The Port of Antwerp-Bruges is experiencing significant operational disruption across its terminals due to the nationwide strike taking place on April 29. According to the Belgian port authority, vessel traffic to and from both Antwerp and Zeebrugge is being severely impacted. In Antwerp, the port area is currently at a standstill, with 19 vessels waiting […]
DB Schenker joins DSCA’s new partnership programme
Digital Container Shipping Association (DCSA) announced that DB Schenker, one of the world’s major ocean freight forwarders, has joined its DCSA+ partnership programme. Through DCSA+, partners gain access to pioneering discussions, collaborative projects, and direct influence in setting digital standards. The programme empowers stakeholders across the industry to share best practices, leverage collective expertise, and […]
Xeneta: Weekly Ocean Container Shipping Market Update
Ocean and air freight rate benchmarking and market intelligence platform Xeneta provided the latest data on average spot rates on trades from China, Vietnam, and Southeast Asia to the US West Coast. Xeneta includes the average spot rates on the major Far East fronthaul trades. Data highlights: China and Vietnam comparison Average spot rates into […]
Number of deaths in Iran port blast rises to 70
The death toll from the huge explosion and fire that hit Shahid Rajaee port near Bandar Abbas in southern Iran has reached 70 people, Iranian authorities reported. Officials from the province where the port is located stated that the massive fire caused by the explosion at the port was brought under control and fully extinguished […]
SITC firms up Huanghai boxship series
Chinese boxship player SITC International Holdings has exercised options at Huanghai Shipbuilding for two additional 1,800 teu vessels. The Hong Kong-listed shipowner is paying nearly $58m to lift the series at the compatriot yard to 10, with deliveries for the latest pair scheduled by March and May of 2028. SITC signed a shipbuilding contract with […]