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Maersk’s green fuels arm inks USD 3 bn framework agreement with Egypt to produce green methanol
The company plans to produce 300k tons of green methanol a year in an initial phase
DP World + Maspion Group break ground on new container terminal in East Java
The project was originally slated to begin operations in early 2023
MSC acquires almost half of Italian rail operator Italo + Panama Canal drought prompts further tightening of transit rules
M SC snaps up 50% stake in Italo: Mediterranean Shipping Company (MSC) has acquired a c.50% stake in Italian passenger…
IFC mulls USD 175 mn loan to back expansion at Egypt’s Port Said port
The IFC will also provide the SSCT with risk management products in the form of interest rate swaps
WSC looks to develop digital tool to identify cargoes that may present a fire risk
WSC to develop a digital tool to prevent container ship fires due to mislabeled cargoes: The World Shipping Council is…
Ships are moving at record slow pace in 2023 as demand falters and earnings take a hit + Russia’s experiencing a glut in containers
Bul k carriers + containerships moving at record slow pace this year: Two shipping segments experienced a significant decrease in…
Dubai’s TMC Shipping eyes investments via Shipfinex exchange
Shipfinex claims TMC Shipping is the first in the UAE to digitally tokenize its assets for investments
TODAY: DP World faces a worker strike in Australia + Qatar’s balance of payments surplus widens in 2Q 2023
Good morning, friends. We’re back in a midweek news slump today, with just a couple of big updates from the…
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