The UAE’s maritime sector stands to benefit from the country’s growing trade with India, China and Africa, Salem Al Zaabi, director general of the UAE Federal Transport Authority – Land and Maritime, told the Dubai Maritime Agenda today.
Foreseeable strong Indian coal imports is expected to lend continued support to rates in the panama bulk sector in the coming quarters, following already climbing rates so far this year, according to analyst Drewry.
Orient Overseas Container Line (OOCL) will introduce a new Middle East/Indian Subcontinent – North Europe Service (IP3) as an extension of its North Europe service network to the East Indian Subcontinent.The IP3, to be launched in October this...
Norden has inked a three-year Contract of Affreightment (COA) with Qatar Vinyl Company starting in Q2 this year.
Bumi Armada’s joint venture firm in India has clinched a charter contract valued at approximately $2.1bn from Oil and Natural Gas Corporation (ONGC) of Indian for the provision of one FPSO.