Milaha, Qatar's leading maritime and logistics provider, has recently secured a landmark 10-year contract worth $217.58 million with North Oil Company (NOC), marking a significant milestone in the nation's offshore industry. Through its subsidiary, Halul Offshore Services Company W.L.L., Milaha
Orient Overseas Container Line (OOCL), a significant player in the container shipping industry, has posted remarkable financial results for the third quarter of 2024. This article delves into the factors behind OOCL’s stunning 73.7% rise in revenues year-on-year, reaching $3.06 billion by September
The launch of the new FEM1 shipping service at Jeddah Islamic Port marks a significant milestone in advancing Saudi Arabia's position within global maritime networks. This service, created through a collaboration between the Saudi Ports Authority (Mawani), CStar Shipping Company, and United Global
The Panama Maritime Authority (PMA) has taken significant steps to enhance security and compliance within its registry, particularly in response to illegal activities and evasion of sanctions. This move comes after an internal investigation revealed that seven Panamanian-flagged vessels were added
Tesco has launched its tenth rail service as part of a strategic partnership with Maritime Transport and Direct Rail Services. This move is set to overhaul its logistics by significantly reducing lorry deliveries and enhancing sustainability. The Shift Towards Rail Transport Embracing Rail for
The recent port strike that has swept across the East and Gulf Coasts of the United States has raised questions about the stability of the national supply chain and the broader economic implications. The labor action, led by the International Longshoremen’s Association (ILA) following the
