Chabahar takes Afghan traffic

In addition to the Red Sea conflict, recent economic indicators suggest underlying demand growth, particularly in India’s production and export orders.

DP World has signed multiple Memoranda of Understanding (MoU) with the provincial government of Gujarat in India, covering the development of ports, logistics centres and economic zones.

HGK Shipping, which is Europe’s largest inland waterways shipping company, is acquiring the tank container business of Köppen GmbH, which is a leading provider of inland and intermodal transport services for the chemical industry.

This year has been one of the most challenging for the Panama Canal Authority and its customers as a drought in the country has led to draught restrictions being imposed on ships transiting the artery.

The economies of most Caribbean countries were severely impacted by the effects of the coronavirus pandemic and while some recovery has taken place in the region, it has been sporadic and uneven, and trading volumes have been mixed.

Mediterranean Shipping Company (MSC) has started calling at the Red Sea port of Neom in Saudi Arabia and, in conjunction with its logistics arm Medlog, will invest in the port. Initially, cargo moving to/from Neom, formerly called Duba, will be relayed over King Abdullah Port (KAP), which is located just over 500 miles to the south