News
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Hudaib: Reveals the importance of the “State Ownership Policy Document”
Dr. Mostafa Hudeib, an economist and president of the Arab Academy for Administrative, Financial and Banking Sciences of the League of Arab States, said that the government’s preparation of a “state ownership policy document”, which targets state-owned assets, announces them and sets a timetable for the state’s exit from several…
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DWELL FEE to remain on hold for LA and Long Beach
San Pedro Bay Ports to Consider Activation The San Pedro Bay ports of Los Angeles and Long Beach announced today they will delay consideration of the “Container Dwell Fee” for another week, until April 29. Since the program was announced on Oct. 25, the two ports have seen a combined…
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Port of LA launches Interactive Portal Focused on L.A. Harbor’s Diverse Habitats
As part of ongoing efforts to promote a deeper understanding of the diverse habitats of Los Angeles Harbor, the Port of Los Angeles has unveiled an educational website showcasing the abundant marine life thriving above and below Port waterways. The LA Harbor Habitats website at laharborhabitats.org also details findings gleaned…
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Alphaliner calculates a total of 702 containerships deployed between Asia and North America ago first April
From the first April 2022, Alphaliner calculated that there are a total of 702 containerships deployed between Asia and North America. posted Michael Gaulin National Sales Manager at Laufer Group International on LinkedIn In total, they reported that capacity on Asia to North America routes has reached 5.75 million TEU.…
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126m Octopus : Paul Allen’s legendary explorer superyacht now listed for sale
An iconic Lurssen explorer superyacht Octopus that still holds the title of the largest explorer in the world with her 126.2-meter LOA, ahead of the delivery of the giant 183-metre REV, has been listed for sale jointly through Fraser and Burgess. The news comes 11 months after the yacht’s passionate owner Paul Allen sadly passed away…
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Egyptian Finance Minister: “ We look forward to financing the American Export Bank for green projects.”
Egyptian Minister of Finance, Dr. Mohamed Maait, affirmed that Egypt has become more attractive to investments with promising development opportunities based on a strong and supportive infrastructure, which has become more capable of accommodating the expansion of investment activities. The Minister of Finance said during his meeting with representatives of…
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MSC Cruises Will Christen MSC Seascape in New York
Italian actress Sophia Loren will serve as MSC Seascape’s godmother MSC Seascape, the newest cruise ship from MSC Cruises, will be christened on December 7 in New York City prior to moving to PortMiami for a series of Caribbean cruises. The 5,877-passenger ship’s inaugural season kicks off in Miami, with…
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Ralf Nagel will step down after 12 years as Chief Executive Officer (VDR) on 30 April
Martin Kröger has been working for the VDR as Managing Director for 10 years and, in this capacity, has played a key role in the fields of European and international shipping policy Effective 30 April 2022, former Senator Ralf Nagel (63) will step down after 12 years as Chief Executive…
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The Italian-Algerian Cnan Med could go to the rescue of his sister Cnan Nord
The shipping company Cnan Med, a joint venture 49% owned by the Dario Parioli group from La Spezia and 51% controlled by the Algerian state, could soon be called upon to help the ‘sister’ shipping company Cnan Nord, always active with Algeria but from the ports of Northern Europe instead…
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Angler catches massive paddlefish in Tennessee
Chad Collins caught the 120-pound paddlefish, breaking the previous record by 10 pounds. An angler in Tennessee reeled in a massive paddlefish during a recent trip to Cherokee Lake. This is just the latest in a string of new fishing records being set this year. Chad Collins caught the 120-pound…
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