Gulftainer’s Khorfakkan Container Terminal (KCT) located on Sharjah’s Indian Ocean coast, has welcomed its largest vessel yet, the CMA CGM Kerguelen, sailing on the CMA flagship service FAL1.
The UAE is looking towards consolidating its leading position as a global maritime hub when it hosts the first edition of the Maritime Academic Conference and Expo, which will be held from November 9 to November 10, 2015 at the Dubai World Trade Centre.
Nor-Shipping 2015 celebrated the event’s 50th year with a packed quayside party held outside Oslo’s Astrup Fearnley Museum last night.
United Arab Shipping Co., a container shipping line, has launched a weekly sailing that will connect northern Europe and the Port of Charleston.
On Tuesday, the benchmark Baltic Dry Index hit a new all-time low of 468 points, in what analysts at Deutche Bank described as a “perfect storm” for bulker operators. The index exceeded 10,000 points only five years ago.
BIMCO, CLIA, ICS, Intercargo and Intertanko have launched a set of cyber security guidelines to help the global shipping industry prevent major safety, environmental and commercial issues that could result from a cyber incident onboard a ship.
South Korea approved funding of shipping industry worth 1.2 billion USD, which aims to boost the maritime sector of the country and to support the delaying economy.