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Development News

 

Panama Canal Unveils Decade Roadmap of Transformation

Sep 16, 2025

The Panama Canal has unveiled a ten-year roadmap designed to reinforce its strategic role in global trade, safeguard long-term sustainability, and deliver tangible benefits to the nation.The canal’s vision rests on two main pillars. First, water security, achieved through increased storage capacity for human consumption and canal operations which ensure resilience over the long term. Second, sustained growth…

WACT to commence Phase 2 Upgrade

Feb 20, 2020

The West Africa Container Terminal (WACT) is quickly earning a reputation as the gateway to Eastern Nigeria and a strong alternative to ports in Lagos.Investment in the Phase 2 upgrade, due to commence within the next 18 months, will help meet volumes…

Sembcorp in Offshore R&D Pact with A*Star

Feb 18, 2020

The global marine and offshore engineering group Sembcorp Marine and Singapore's Agency for Science, Technology and Research (A*Star) have agreed to deepen their research and development (R&D) collaboration for the offshore marine and clean energy sectors…

Logistics News

Shipping Traffic Near Antwerp Slowed Due to Oil Spill

Shipping Traffic Near Antwerp Slowed Due to Oil Spill

India Allows Four Iranian Oil Tankers to Berth

India Allows Four Iranian Oil Tankers to Berth

Oil Spill Forces Partial Shipping Halt at Port of Antwerp

Oil Spill Forces Partial Shipping Halt at Port of Antwerp

Starmer, Trump Discuss Opening Strait of Hormuz

Starmer, Trump Discuss Opening Strait of Hormuz

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As air freight rates and ocean gridlock persist, shippers are looking for alternative routes.
Trump says Iran shouldn't charge tankers traveling through the Strait of Hormuz any fees
Tel Aviv stocks reach record highs as truce hopes spur Tel Aviv's shares to hit a 1995 peak against the dollar.