International trade
Mwani Qatar's Hamad Port, a critical gateway to the world, has marked a significant milestone in its growth with the inaugural voyage of the CHINOOK-CLANGA service, directly linking major ports in East Asia and the West Coast of North America. This new shipping service is a testament to
Cabinet officials
The Sri Lanka Association of NVOCC Agents (SLANA) recently held its eighth Annual General Meeting with Deputy Minister of Ports and Civil Aviation Janitha Ruwan Kodithuwakku as the Chief Guest and Worldlink Shipping Colombo Ltd., Director Marketing Swabha Wickramasinghe as the Chairperson for the second term. The event highlighted the
Cabinet officials
The Union Minister of Ports, Shipping & Waterways, Sarbananda Sonowal, recently announced multiple initiatives by the Government to boost the waterways and maritime sector in the region. With an investment of Rs.5,000 crores earmarked, the Union Government has drawn up major initiatives in this regard. Over the past
Exports
Shinas Port in North Al Batinah Governorate has experienced a notable surge in the growth of exports and imports during the first half of the year. The port's Executive Director, Khatir Ali Al-Ma'amari, highlighted the importance of the port's role in supporting the national
International trade
The Nigerian Ports Authority (NPA) has taken a significant step towards maximizing the benefits of the African Continental Free Trade Area (AfCFTA) by deploying its state-of-the-art marine crafts to berth the first wholly Nigerian-owned container vessel, MV Ocean Dragon. The vessel, with a capacity of 349 Twenty-Foot-Equivalent Units (TEUs), is
International trade
The maritime industry's accelerated digital transformation has created an environment ripe for cyber threats, with far-reaching implications for supply chains, regulation, and operational continuity. Recent surveys indicate that 70% of maritime professionals believe their organizations' industrial assets are more vulnerable to cyberattacks than ever before. Cybersecurity has
International trade
The Indian Ocean plays a critical role in global trade, accounting for 80% of the world's maritime trade, with China expanding its strategic influence through the Gwadar and Hambantota ports as part of its 'String of Pearls' initiative. The US counters this by leveraging its bases
Exports
Nigeria's seaports are overwhelmed with hundreds of containers that are lying idle for months, causing traffic gridlocks and exposing a significant imbalance in the country's trading structure. The situation is attributed to a disparity between dry cargo imports and exports, with experts saying that shipping companies
International trade
Pakistan's ambassador to China, Khalil Hashmi, visited the Khorgos Free Trade Zone in northwestern Xinjiang, where he toured the busiest dry port and border gate in China, and met with local leaders to discuss potential collaboration. The zone offers a unique advantage as a triad of China'
Exports
Chattagram Port has resumed normal operations following a two-day strike by customs workers. The strike, which started due to demands for the resignation of the National Board of Revenue (NBR) chairman, brought import and export activities at the port to a standstill. However, after the government declared NBR services as
Exports
Namibia took a significant step in its economic integration into the African continent as a locally produced consignment of salt left the port of Walvis Bay, marking the country's entry into the African Continental Free Trade Area (AfCFTA) market with approximately 1.4 billion consumers. The minister of
Exports
As Kenya launched its highly anticipated livestock export initiative to Oman via the new Sh310 billion Lamu Port in October 2022, pastoralists were promised direct access to international markets and significant investment. However, nearly three years later, many herders claim the promise remains unfulfilled, and the dream is slipping away.
