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A sound analysis wand can help detect engine malfunctions on ships
This futuristic wand helps detect ship engine anomalies: Japanese marine logistics giant NYK Group, tech firm MTI, and engineering outfit…
India extends sugar curbs in big blow to global food and beverage players + General Motors pushes back EV pickup truck production amid faltering demand
India has extended its sugar export restrictions beyond 31 October to protect its domestic supplies, Bloomberg reports, citing a notice…
DP World inks MoU to develop India’s Vadhvan Port
The port expects to add container capacity of some 15 mn TEUs by 2035, and 23.9 mn TEUs by 2040
TODAY: Shipping rates to Israel fall, but air freight rates rise amid escalating violence + Abu Dhabi’s autonomous vehicles cluster attracts 30 firms
Good morning, friends. We wrap an eventful and increasingly tense week with a tight issue, with some updates on freight…
Shipyards have the capacity to meet IMO net zero targets -ClassNK
Global shipbuilding industry has the capacity required to meet IMO goals:Shipyards will need to handle 80 mn gross tonnage a…
Gulfnav’s bottomline up 62% y-o-y to AED 6.8 mn + completes capital increase via sukuk issuance
The company completed an AED 200 mn capital increase through a sukuk issuance a few days ago
Egypt’s House approves bill handing an AD Ports-led consortium a 30-year contract for Safaga Port
The company will spend USD 200 mn on superstructure and equipment, buildings, and other real estate facilities and utilities network
Thuraya and Cypod Solutions launch container tracking software + AIQ and Bayanat to develop software app to monitor drilling rigs
One solution is geared towards container shipping, while the other helps streamline drilling rigs logistics
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