AD Ports Group has completed the acquisition of a 70% stake in Transmar and Transcargo International.

Saudi Maritime Congress will reinforce industry leaders’ commitment to achieving climate neutrality and discuss its impact on global supply chains, with the aim of creating a sustainable and safe environment in the maritime sector.

Companies in the tanker market are enjoying much improved business this year and Lois Zabrocky, President and CEO of International Seaways, expects this to continue.

AD Ports SAFEEN Feeders is expanding with two new Asian services, one in partnership with CMA CGM.

Oil and shipping group Monjasa has acquired the 9,600 dwt-oil and chemical tanker, Monjasa Shaker for cargo and bunkering operations in the Arabian Gulf.

The consortium seeking to finalise the takeover of UAE fabrication and engineering specialist Lamprell has urged shareholders to accept its offer.

Fears of another Ever Given-style blockage of the Suez Canal were averted yesterday when the Egyptian authorities succeeded in freeing an Aframax crude carrier.

The 3rd edition of Saudi Maritime Congress, the Kingdom’s most influential maritime and logistics event has received support from industry stakeholders that have significantly contributed to the growth of the maritime sector in the MENA region.

The first World Food Programme (WFP) consignment of grain from Ukraine docked yesterday at the Port of Djibouti with a cargo for Ethiopia, according to news reports.

Globeleq, an independent power company focused on Africa, has signed an MoU with four Egyptian government entities to create a green hydrogen facility at the Suez Canal Economic Zone.