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Hapag-Lloyd latest to see income fall amid muted demand + A slowdown in trade is weighing on the global economy
!_ Hapag-Lloyd earnings dip in 1H 2023 amid falling demand: Container giant Hapag-Lloyd reported a net income of USD 3.1…
Indian-Omani consortium to operate and develop Oman’s Shinas port
The consortium will develop and manage the port over three phases, culminating in a 30-year agreement
About-turn from Pakistani cabinet on AD Ports Group bid for terminal at Karachi’s port
The committee had last week directed negotiators to “re-engage” with the company over the terms of the agreement
Kuwait Oil Company inked a KWD 12.3 bn lease agreement for marine berths + storage areas with KPA
The berths will be used for the logistics operations of Kuwait Oil Company’s offshore drilling project
Is AD Ports’ concession agreement for a Karachi port terminal about to fall through?
The company’s USD 1.2 bn bid was rejected by Pakistan’s finance ministry, and committees are set to renegotiate
MSC acquires majority stake in air freighter AlisCargo Airlines + Yellow files for bankruptcy
MSC has acquired a majority stake in Milan-based air freight carrier AlisCargo Airlines , with plans for a full takeover…
Qatar’s Milaha sees marginal bottomline growth in 1H 2023 amid falling container rates
The company sees container rates remaining stable for the remainder of the year
King Abdullah Port inks agreements with two bunkering service providers
King Abdullah Port becomes the latest to push bunkering services amid heightened regional demand
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