Gulftainer’s goal to triple volume over the decade through aggressive investment came a step closer in 2014 after the terminal operator increased handling 8 percent year-over-year.
United Arab Emirates
United Arab Emirates
02 Mar 2015
Spot rates on the Asia to the Middle East and South Asia are being undermined as carriers on the trades struggle to maintain load factors to support freight rate increases, according to Drewry Container Insight.
24 Feb 2015
Trade between China and Iran has been growing at almost 40 percent a year since 2012, driven by rapidly rising consumer demand, according to a Seabury Group study.
10 Feb 2015
Annual throughput at Khalifa Port Container Terminal (KPCT) soared past 1 million TEUs in 2014 as an expanded international network helped the Abu Dhabi Ports facility grow its volumes by more than 26 percent over the previous year.
05 Jan 2015
Kerry Logistics Network’s acquisition drive has continued into the new year, as the company added majority stakes in two Canadian forwarding companies barely a week after acquiring a Dubai-based logistics operator.
18 Dec 2014
DP World’s shareholders today backed the Dubai-based global terminal operator’s plan to delist its shares on the London stock exchange on the basis that they are too thinly traded there.
16 Dec 2014
Maersk Line plans to launch a direct weekly service from India to Africa in late January 2015 in a move to reduce transit times on that trade lane.
19 Nov 2014
Terminal operator Gulftainer is a step closer to readying its Al-Sharjah Emirati terminal for mega-ships after it received $60 million of new crane equipment for the Khorfakkan Container Terminal.
28 Oct 2014
DP World boosted third quarter container volume by nine percent from a year ago as it opened new terminals at London Gateway and in Brazil.
22 Oct 2014
DP World's newest Jebel Ali terminal received its first vessel call today, paving the way for the automated terminal to become fully operational next year.
03 Oct 2014
Multiple container lines have planned general rate increases in numerous trade lanes in October and November, although any gains achieved could be temporary as overcapacity and sluggish global demand continue.