The Indian Institute of Technology (IIT) Roorkee and the Container Corporation of India (CONCOR) have embarked on a groundbreaking partnership aimed at transforming the logistics sector through dedicated research and innovation. Their collaboration is expected to significantly enhance the
ADNOC Logistics & Services (ADNOC L&S) has demonstrated impressive financial performance for the first half of 2024, with strategic growth initiatives underscoring the company’s robust health. The company announced a net profit of $401 million (AED 1,473 million) for the initial six months of the
CMA CGM is broadening its logistics services in the Democratic Republic of Congo (DRC) by enhancing its feeder system, aiming to bolster inland coverage to Kinshasa through the introduction of the intermodal Kinshasa product. This strategic expansion is a pivotal move by the company to leverage its
The recent arrival of COSCO Shipping’s new liquefied natural gas (LNG) dual-fuel roll-on/roll-off (RoRo) vessel, Min Jiang Kou, at Jebel Ali Port in the United Arab Emirates marks a pivotal moment in sustainable maritime practices. This event represents the first time such an advanced vessel
On August 10, 2024, a significant explosion rattled the Port of Ningbo-Zhoushan in China, casting a spotlight on the critical issue of shipping safety. The incident involved the container ship YM Mobility, operated by Taiwan’s Yang Ming Marine Transport Corp. The explosion, which was felt up to a
The strategic collaboration between Bahri, the National Shipping Company of Saudi Arabia, and Ma’aden, the largest multi-commodity mining and metals company in the Middle East, signifies a transformative step towards localizing maritime industries and supporting the Kingdom's economic
