The growth at the largest ports in the world set a slow pace in the first quarter of the year, with a weakened global economy and weak productivity impacting most players negatively, except Jebel Ali Port.
Abu Dhabi Ports hosted the signing of a Memorandum of Understanding (MoU) between SIDDCO Group and Istituto Italiano della Saldatura (ISS), that will see the two organizations collaborate to provide internationally recognised training and certification programmes to Emirati and non-Emirati professionals in Abu Dhabi and across the United Arab Emirates (UAE).
Future maritime trade routes such as Arctic shipping lanes could challenge Singapore’s position as a global shipping hub, but boosting efficiency and capacity will help the Republic’s port stay competitive and relevant.
Drydocks World and Maritime World, the leading provider of maritime and offshore services to the shipping, oil, gas and energy sectors has received the prestigious 8th Cycle Mohammed bin Rashid Al Maktoum Business Award in the Manufacturing Category.
China’s top ports booked a healthy rise in throughput year-over-year in September, taking year-to-date growth to just under 2.7 percent, as traffic declines at Hong Kong slowed to their lowest level in two years.
A working group that was formed to consider potential changes to the 10-year-old PierPass extended-gates model in Los Angeles-Long Beach will focus on three proposals that could reduce congestion for cargo interests and truckers: dynamic and variable pricing, a flat traffic mitigation fee coupled with a trucker appointment system and a port-wide peel off program.
The competition to develop much-needed modern port facilities in Bangladesh has intensified following the recent visit of Chinese President Xi Jinping to the South Asian country.
Chennai port was the only major port that witnessed a drop in container handling during the first half of the current financial year.
In the light of weakening global oil prices coupled with Nigerian Government’s new mantra of diversification, there is an urgent need for the Federal Government and all relevant stakeholders in the shipping industry to give adequate attention to Port Harcourt seaports to ensure they are brought back to their original status as a bustling shipping hub as envisioned by the founding fathers.