News
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DP World adds new trade routes to open global markets and ease supply chain congestion
New routes opened this year include connections between India, Middle East, Africa, and new connections between Latin America, Europe and Asia DP World added more than 23,000 nautical miles of new trade routes across the globe in the first three quarters of 2022, equivalent to a complete circumnavigation of the…
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Saudi Arabia’s border guards rescue crew of Panamanian ship on fire
Saudi Arabia’s Border Guards rescued the crew of a Panama-flagged commercial container tanker that caught fire while sailing in the Red Sea, according to Saudi Press Agency. The incident took place about 123 nautical miles north-west of Jizan. The Jeddah Search and Rescue Co-ordination Centre (JMRCC) received a distress call…
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MSC Splendida: 33 shore excursions, 3 embarkation ports in Sokhna Port and Safaga in Egypt plus Jeddah in Saudi Arabia
MSC Cruises today announced that it will offer an enriched Red Sea 7-night itinerary with MSC Splendida for the winter 2022/2023 season with 33 shore excursions available including the addition of Cairo, Egypt, and three embarkation ports in Sokhna Port and Safaga in Egypt plus Jeddah in Saudi Arabia. A…
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China – Italy container freight rates plummet below 5,000 dollars
The rates for sending 40 containers drop for the 32nd consecutive week to an average value of $ 3,689, 64% lower than the amount found a year ago Shipping Italy reported New sharp decline in freight rates for container transport by sea, the 32nd in a row looking at the…
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“SEAWAY SWAN” arrives in Alexandria port – carrying cranes “Tahya Misr”
Alexandria Port received the cargo ship “SEAWAY SWAN”, this Friday morning, coming from the Chinese port of Qingdao, carrying 4 giant cranes STS to operate the multi-purpose “Tahya Misr” station. The ship was received by Rear Admiral Nihad Shaheen, head of the Alexandria Port Authority, and Rear Admiral Abdel Qader…
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CMA CGM to launch new service between Morocco, France and Spain
The CMA CGM Group launches a new service via ro-ro ships (Roll-on, Roll-off), enabling it to reach Marseille from Tangier in 36 hours The CMA CGM Group remains committed to the environment with this new service reducing CO2 emissions by 43% compared to roa The CMA CGM Group, a leader…
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Sealing 1st commercial deal between Egypt, Ghana under the umbrella of AfCFTA
Egyptian Trade and Industry Minister Ahmed Samir said that the initiative to implement the first commercial deal (exporting food products from Egypt to Ghana) falls within the framework of the African Continental Free Trade Area (AfCFTA). This was announced by the minister in his speech during his virtual participation in…
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LRF : What works for seafarer wellbeing
Establishing a baseline of evidence on seafarer wellbeing In support of its mission to enhance the safety of critical infrastructure, Lloyd’s Register Foundation (LRF) sought to understand the relationship between safety in critical sectors and the psychological wellbeing of workers within them, resulting in this 2020 report. Building on that…
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Egypt denies news of ships taking different routes than Suez Canal
The ُEgyptian Cabinet’s media center has denied news about ships taking different routes other than the Suez Canal after a decision to increase crossing fees through the Egyptian waterway as of January 2023. The center, in a statement Friday, said it had contacted the Suez Canal Authority (SCA), which dismissed…
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Thomas Miller appoints Hugh Titcomb as new Chief Executive
Thomas Miller, the international provider of market leading insurance services, intends to appoint Hugh Titcomb as its new Chief Executive, subject to shareholder approval, replacing Bruce Kesterton. Hugh Titcomb Joined Thomas Miller in 2016 having held a broad range of senior leadership roles within the financial services sector. Hugh has…
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