Port operator DP World Limited handled 46.5 million TEU across its global portfolio of container terminals during the first nine months of 2015, with gross container volumes growing by 3.2% on a like-for-like basis. On a reported basis gross volumes grew by 3.7%, largely driven by business results o
A delegation from Belgium’s port of Antwerp paid a visit to Iran last week to explore the possibilities of reestablishing shipping and commerce ties, shortly after the European Union adopted a framework to lift its nuclear-related economic and financial sanctions and open up this market of around 80
A delegation from Belgium’s port of Antwerp paid a visit to Iran last week to explore the possibilities of reestablishing shipping and commerce ties, shortly after the European Union adopted a framework to lift its nuclear-related economic and financial sanctions and open up this market of around 80
International shipping and aviation emissions have been reinserted into the draft Paris agreement during the five-day climate talks held in Bonn, Germany, last week. However, the draft’s language needs to be considerably strengthened if it is to help curb the two sectors’ climate impact, according t
International shipping and aviation emissions have been reinserted into the draft Paris agreement during the five-day climate talks held in Bonn, Germany, last week. However, the draft’s language needs to be considerably strengthened if it is to help curb the two sectors’ climate impact, according t
Qatar Navigation (Milaha) Q.S.C. delivered a net profit of QAR 959 million (USD 264 million) for the first nine months of 2015, a 17% increase compared to the same period in 2014. Milaha’s operating revenues increased by 17% to QAR 2.31 billion for the period, up from QR 1.97 billion for the same pe
Qatar Navigation (Milaha) Q.S.C. delivered a net profit of QAR 959 million (USD 264 million) for the first nine months of 2015, a 17% increase compared to the same period in 2014. Milaha’s operating revenues increased by 17% to QAR 2.31 billion for the period, up from QR 1.97 billion for the same pe
Hong Kong-based container carrier Orient Overseas Container Line (OOCL) marked a 12.2% decrease in total revenues in the quarter ended September 30, despite handling 1.9% more containers compared to the same period a year earlier. OOCL was hit the hardest on its Asia/Europe services which brought 32
Hong Kong-based container carrier Orient Overseas Container Line (OOCL) marked a 12.2% decrease in total revenues in the quarter ended September 30, despite handling 1.9% more containers compared to the same period a year earlier. OOCL was hit the hardest on its Asia/Europe services which brought 32
Qatari liquefied natural gas (LNG) shipping company Nakilat recorded net profit of QR 756.3 million (USD 207.8 million) for the first nine months of 2015, an increase of 9% on the same period last year. The company’s Board of Directors stated that Nakilat is in an enviable position within the energy
Qatari liquefied natural gas (LNG) shipping company Nakilat recorded net profit of QR 756.3 million (USD 207.8 million) for the first nine months of 2015, an increase of 9% on the same period last year. The company’s Board of Directors stated that Nakilat is in an enviable position within the energy
UAE’s port developer and operator Abu Dhabi Ports has signed a Memorandum of Understanding (MoU) with the Italian Export Credit company (SACE) at the UAE pavilion of ‘Expo Milan 2015’. SACE facilitates access to credit lines to support companies and banks in their internationalisation process, in ad
UAE’s port developer and operator Abu Dhabi Ports has signed a Memorandum of Understanding (MoU) with the Italian Export Credit company (SACE) at the UAE pavilion of ‘Expo Milan 2015’. SACE facilitates access to credit lines to support companies and banks in their internationalisation process, in ad
International classification society DNV GL has published a guideline for the design and operation of vessels with bulk cargo that may liquefy, such as iron ore fines, nickel ore and various mineral concentrates, to raise the awareness of the risks and describe mitigating actions. The guideline focu
