MSC Group has completed its €5.7bn acquisition of Bolloré Africa Logistics through subsidiary SAS Shipping Agencies.

OOMCO Marine, the bunkering arm of Oman Oil Marketing Company SAOG (OOMCO), has officially launched a new bunker terminal at Duqm Port.

The Suez Canal Authority (SCA) and the Maritime Anti-Corruption Network (MACN) have signed a Memorandum of Understanding to provide a framework for cooperation.

Egypt's Life Chemicals Group has received the first bulk vessel to call at West Port Said Port's New Horizons Tank Terminal (NHTT).

A consortium led by AD Ports Group and Invictus Investment has signed an initial agreement with the Government of the Republic of Sudan that provides them with the right to develop, manage, and operate port and economic zone assets in Sudan.

A decline in global trade in the third quarter 2022 is expected to get worse in 2023, according to the United Nations Conference on Trade and Development (UNCTAD).

Russia-Iran trade is set to grow, given the pariah status of both nations, and the requirement for friends in time of need.

The UAE Ministry of Energy and Infrastructure (MOEI) and Saudi Arabia’s Transport General Authority (TGA) have signed an MoU for mutual recognition of maritime certificates issued in both countries.

The UAE government has relaunched the Emirates Shipping Association and at a launch event at the end of last month revealed a new identity and direction for the important body.