To closely monitor and evaluate the progress of development initiatives in Gwadar, Capt. (R) Shahid Ashraf Tarar, the Federal Minister of Maritime Affairs, Communication & Railway, undertook a comprehensive two-day…
RSA Cold Chain has signed a lease agreement with DP World to develop a new state-of-the-art cold chain facility at the flagship trade and logistics hub of Jebel Ali. RSA…
DP World and the International Renewable Energy Agency (IRENA) have signed a cooperation agreement to accelerate the use of renewable energy and cut emissions from the ports and maritime logistics…
The offtake agreement between A.P. Moller - Maersk and Chinese developer Goldwind, a global leader in clean energy, reaches into the next decade and marks the first large scale green…
DP World has cut carbon emissions from UAE operations by nearly 50% this year by accessing renewably produced power from the Dubai Electricity and Water Authority (DEWA). DEWA has issued over…
Gulftainer, a leading regional ports and terminals operator and a provider of supply chain and logistics solutions, announced that it has extended its concession agreements with the Sharjah Ports, Customs…
Special Assistant to Prime Minister (SAPM) on Maritime Affairs Vice Admiral (Retd.) Iftikhar Ahmed Rao has said that Pakistan is all set to join the Hong Kong Convention (HKC) very…
The National Flag Carrier, Pakistan National Shipping Corporation (PNSC), convened its 45th Annual General Meeting for the financial year 2022-23 on October 26, 2023, in Karachi. Chairman PNSC, Rear Admiral…
Morrow Batteries ASA ("Morrow") is receiving the first shipment of battery production equipment this week at the newly established container terminal in Arendal. The container ship "Thea II" arrived in…
DP World has signed a 30-year concession agreement with the Tanzania Ports Authority (TPA) to operate and modernise the multi-purpose Dar es Salaam Port, connecting Tanzania and the wider region…
According to Spectrum Research, the strengthening of PKR against the USD by 4% since Jun'23 is poised to mitigate the foreign exchange losses, as the PIBTL holds foreign currency-denominated loans…
Copenhagen, Denmark – A.P. Moller - Maersk, the global leader of integrated container logistics, is embarking on a collaboration with Starlink, the pioneering satellite internet constellation developed by SpaceX. Maersk's…
DP World has reaffirmed its commitment to sustainable operations by raising USD 1.5 billion through a Green Sukuk to support its global decarbonisation efforts. The Sukuk, oversubscribed 2.3x due to…
In the presence of the Egyptian Prime Minister, C2X signed a comprehensive Framework Agreement (FWA) with its Egyptian sponsors and partners today. The agreement aims to enable and accelerate large-scale…
DP World, one of the world's leading logistics providers and leading Indonesian conglomerate Maspion Group, has started constructing a new container terminal in Gresik, East Java. The world-class terminal will…
Pakistan National Shipping Corporation (PNSC) Group achieved record-breaking net profit after tax amounting to Rs. 30 billion during the year 2022-23 as compared to Rs. 5.6 billion during the preceding…
Vice Admiral (R) Iftikhar Rao, Special Assistant to the Prime Minister for Maritime, disclosed that the government is shaping a futuristic Shipping Policy keeping in view the new dynamics of…
Mathias Bak, Senior Executive of Maritime Anti-Corruption Network Denmark, led a training session for members of the Pakistan Ship Agents Association, organised by MACN and Global Compact Network Pakistan, with…
Both CMA CGM and Maersk have set ambitious Net Zero target and invest extensively in the energy transition in shipping. The two leading shipping companies will work together to develop…
Prantik Group, formed in 1998, has become a reliable name in the Shipping industry of Bangladesh. The Group has celebrated its twenty-fifth year in Bangladesh this week. The Group provides…
Today, in Karachi, the United States reaffirmed its commitment to partnering with the Government of Pakistan and the port and shipping industry to develop a national action. This plan will…
Maersk (Maersk) and Equinor have signed an agreement securing supply of green1 methanol for Maersk's landmark, new methanol-enabled feeder vessel during its initial months of operation from September 2023 and…
Pakistan National Shipping Corporation (PNSC) said the Senate Standing Committee on Maritime Affairs, headed by its chairperson, Senator Rubina Khalid, held a meeting at the PNSC Building in Karachi on…
Maersk (Maersk) and Amazon have finalized a 2023-2024 agreement for the transport of 20,000 FFE containers using green biofuel through Maersk's "ECO Delivery" ocean product offering. Maersk estimates this purchase…
DP World today signed a concession agreement with the Deendayal Port Authority to develop, operate and maintain a new 2.19 million TEU per annum mega-container terminal at Kandla in Gujarat…
