Hot on the heels of the completion of Port of Mobile’s channel dredging project, Maersk-owned APM Terminals has agreed to build a new 1,300-foot container berth at its facility at the seaport, adding enough room to handle another ULCV alongside. The additional...
The Panama Canal has launched what is expected to be a year-long process to select the operators for new terminals to be built at each end of the canal. At the same time, the authorities are considering the alternative for the existing terminals, which are operated by...
Iran appears to have accelerated the import of sodium perchlorate, the primary material used to manufacture ammonium perchlorate, which in turn makes up 70 percent of the standard fuel load of most of Iran’s solid-fueled ballistic missiles. Before the 12-Day War,...
KUCHING (Oct 24): Bintulu Port Holdings Berhad (BPHB) has signed a three-year Memorandum of Understanding (MoU) with TM One to accelerate its transformation into a fully digital, intelligent, and sustainable port by 2030. The MoU was signed during the International...
Kuala Lumpur (VNA) – Prime Minister Pham Minh Chinh underlined ASEAN’s unity in diversity and called for harmonious development while attending a high-level dialogue of the ASEAN Business and Investment Summit (ABIS) 2025 in Kuala Lumpur, Malaysia, on...
Shipping lines should secure long-term agreements with shippers to maintain profitability as Asia–US sea freight rates continue to decline, according to Norwegian ocean freight rate benchmarking and market intelligence platform Xeneta AS. “They need to sign long-term...
