2012/05/16
A new direct service that connects India to the Middle East has recently commenced. The Balaji Shipping Lines (BSL) service from Mundra (India) to the Port of Sohar (Oman) also has stops at Dammam (Saudi Arabia) and Jebel Ali (UAE), … Continue reading
2012/05/10
The Port of Salalah, located in Oman on the Arabian Peninsula, is set to handle its 30-millionth twenty-foot equivalent unit (TEU) soon. The port, with its strategic location providing as a gateway to the Middle East, Indian Subcontinent, and East … Continue reading
2012/05/08
The Port of Charleston recently recorded its strongest month for containerized traffic since October 2008. The month of March saw a 12% container volume increase as the South Carolina port handled 134,857 twenty-foot equivalent units (TEUs). Container volume in the … Continue reading
2012/05/07
At the 2012 Supply Chain and Transport Awards (SCATA), Jebel Ali Port was recently recognized as the Shipping Port of the Year. The port, which is operated by Dubai-based DP World and is located about 35 kilometers from Dubai, has … Continue reading
2012/05/02
China and India’s rapid economic growth since opening their borders in the late 1970s has resulted in strong demand for a wide variety of commodities. These nations preoccupation with rapid industrialization strategies has been the driving force behind shifts in … Continue reading
2012/04/26
The United States Army Corps of Engineers (USACE) recently released the Savannah Harbor Expansion Project (SHEP) final documents, which outline the steps necessary to complete the project. According the USACE study, the project is estimated to run at $652 million, … Continue reading
2012/04/09
The United Arab Shipping Company (UASC), which is headquartered in Kuwait with a corporate office in the UAE, took delivery of a new 13,500 twenty-foot equivalent unit (TEU) containership in February. The new vessel, which was named ‘Al Ula’ earlier … Continue reading
2012/04/09
Orient Overseas Container Line (OOCL) and the Port of Long Beach signed a $4.6 billion lease last week that will allow the Hong Kong-based shipping company to develop and maintain a more modern terminal in the Southern Californian port. The … Continue reading
2012/04/03
In the time period of April-February, 2011-12, cargo traffic between India’s 12 busiest ports grew 1.59% from the same period the year before. In total, 510.8 million tonnes of cargo passed through the aforementioned Indian ports. Specifically, the coal industry … Continue reading
2012/04/03French shipping group CMA CGM reported its 2011 earnings on the company’s website earlier this week. The company, which is the world’s third largest shipping group, reported revenue of $14.87 billion- a 4% increase from 2010. Its cargo volume increased … Continue reading
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