Global steel producer LIBERTY Steel has signed a memorandum of understanding (MOU) with AD Ports Group to develop solutions for importing high-quality magnetite ore to the UAE, from Australia.Under the MOU, the two companies will explore plans…
AD Ports Group has signed an agreement with national railway company Kazakhstan Temir Zholy JSC (Kazakhstan Railways) to form a joint venture to enhance rail connectivity, maritime shipping services, development of operations in Kazakhstan’s ports…
Yemen's Houthi movement said on Saturday they would target all ships heading to Israel, regardless of their nationality, and warned all international shipping companies against dealing with Israeli ports.The Iran-aligned group is escalating…
A consortium of Saudi Archirodon and DEME has been awarded the second phase of transformation work for the Port of NEOM, the primary seaport of entry to northwest Saudi Arabia.Based in Oxagon, Port of NEOM is located along the coast of the Red Sea and is adjacent to the nearby Suez Canal…
Danish shipping company Maersk will from Dec. 1 no longer offer shipments to or from Syria, it said on Tuesday.Maersk said in a statement its operations in Syria are already limited as a result of international sanctions.'This has recently become even more challenging logistically…
Bolloré Logistics announced Jean-Baptiste Rambaud has been appointed as CEO of Bolloré Logistics Middle East.Based in Dubai, he will work toward the development of the region. He also aims to launch new projects to drive the company’s growth in several key sectors such as aerospace…
The president of Cyprus outlined a proposal on Thursday to open a maritime corridor to help deliver more aid to Gaza, a plan which he said could be operational quickly but which diplomats said faced challenges.Under the plan presented by President…
Ships sailing for Israel face a 10-fold jump in war risk premiums as the conflict in Gaza intensifies, prompting industry calls for the government to help ensure vital imports keep coming.Israel has vowed to annihilate Islamist group Hamas after…
The Israel-Hamas war has raised the spectre of a wider regional conflict which could embroil Iran and other regional factions.Analysts and market observers say the conflict could prompt the United States to tighten sanctions on Iran, which may…
Activity at Israel's ports is slowing after Saturday's attacks by Islamist group Hamas on towns close to Gaza, with the cost of insurance premiums for Israeli shipments soaring amid tightening supplies of food stocks, according to sources and data…
Operations and services to Israeli ports are continuing without interruption although service interruptions may occur at short notice, Israeli container line Zim said on Wednesday.While around 90% of its operations are outside Israel, the company…
A new and deadly chapter of the decades-old Israel-Palestinian conflict is a reality check for an ambitious trade route. The India-Middle East-Europe Economic Corridor (IMEC), championed by Washington last month on the sidelines of the G20 summit…
Middle East Navigation Service (MENAS), provider of aids to navigation (AtoN) in the Middle East Gulf region, said its is increasing rates and widening the group of ships that will be asked to pay for the service.The group has been providing…
AD Ports Group and Saab UAE have entered into a Memorandum of Understanding (MoU) to establish a strategic cooperative relationship, which will see both entities collaborate on the development of maritime surveillance solutions and sensors.Under the agreement…
Kazakhstan is in talks with Abu Dhabi Ports to set up a joint venture that would help ship Kazakh agricultural exports via Iran and then Gulf ports, the Central Asian nation's government said on Monday.Kazakhstan, a significant exporter of agricultural commodities such as grains and oilseeds…
