Maersk revises peak season surcharge from Pakistan
Kiyaan Singh
Maersk revised its Peak Season Surcharge (PSS) applicable to cargo moving from Pakistan to the United States and Canadian East Coast and Gulf ports. The revised surcharge will apply to…
Exim
DP World’s Callao Terminal Handled 2 million containers
The story that began last year, 2024, with 400 million dollar bicentennial pier has changed the Palau Terminal in Peru. DP World has achieved a historic milestone at its port…
China Begins Issuing Rare Earth Magnet Export License to India
China has begun issuing licences to import rare-earth magnets (REMs) into India, offering some relief to Indian automobile and electronics manufacturers who have been facing supply disruptions for months. China…
Mega CMA CGM Container ship returns in Suez Canal
After 2 2-year absence, the Suez Canal has recorded the mega transit of the Container ship CMA CGM JACQUES SAADE. THE LNG-powered vessel transited the canal carrying 154,000 tonnes of…
$13.5m contract for UK Royal Navy Mine Counter Measures operations
Thales has secured a contract worth £10m ($13.5m) from UK government-owned entity Defence Equipment and Support to design, develop, and supply new autonomous command centres for the Royal Navy’s Mine…
Adani Hazira Port gets Advanced Traffic Signal light system
Adani Hazira Port has successfully commissioned a new Traffic Signal Light System As an effort to strengthen safety, streamline traffic movement, and improve overall operational efficiency within the port premises.…
Did Tanker Market saw a SlowDown ?
The tanker market supply saw an interesting slowdown in ordering activity in 2025. Over the first 11 months, there were 231 orders of crude and product tankers over 25k dwt,…
Israel approved $35 billion natural gas export deal
A multibillion-dollar agreement for the export of natural gas from Israel to Egypt. NewMed Energy (45.3% working interest), Chevron (operator, 39.7%) and Ratio (15%) have received approval for their Leviathan…
French Frigates Seize $142 Million in Drugs in Arabian Sea
Two French Navy frigates operating under the Saudi-led Combined Task Force have intercepted more than 150 $142 million worth of illicit drugs from multiple vessels in the Arabian Sea, marking…
Adnai ports completes acquisition of Australia’s North Queensland export terminal
The acquisition was completed through a share-based arrangement, enabling APSEZ to add the asset without significant immediate cash outflow. NQXT is characterised by stable, long-term contracts and strong operating margins,…