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Syria News

 

AD Ports Signs Deal for Minority Stake in Latakia International Container Terminal

Nov 06, 2025

Abu Dhabi's AD Ports Group said on Thursday it had signed a deal to buy a minority stake in a container terminal in Syria's main commercial port for $22 million, the latest sign of Syria drawing in investment as it tries to rebuild.Under the joint venture and shareholders agreement with France-based shipping company CMA CGM Group, AD Ports will acquire a 20% stake in the Latakia International Container Terminal (LICT)…

Syria Signs $800 Million Agreement with DP World

Jul 13, 2025

Syria's General Authority for Land and Sea Ports on Sunday signed a $800 million agreement with UAE's DP World to bolster Syrian ports infrastructure and logistical services, Syrian state news agency SANA reported.The agreement follows on from…

Logistics News

Shipping Crisis in the Strait of Hormuz Deepens, Tankers Stranded for Fifth Day

Shipping Crisis in the Strait of Hormuz Deepens, Tankers Stranded for Fifth Day

Torvald Klaveness 1946–1956: Celebrating 80 Years

Torvald Klaveness 1946–1956: Celebrating 80 Years

Strait of Hormuz Disruptions Impact Bulk Carriers

Strait of Hormuz Disruptions Impact Bulk Carriers

Fujairah Bunkering Hit by Fire, Demand Shifts to Other Hubs

Fujairah Bunkering Hit by Fire, Demand Shifts to Other Hubs

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Urals differs have remained the same despite a growing interest in Asia for this grade.