U.S. containerized exports jumped 8.2 percent year-over-year in August, to 1,073,240 20-foot-equivalent units, according to preliminary figures from PIERS, a JOC sister company. This was the highest number of exports within a month since March 2012.
30 Oct 2013
Mediterranean Shipping Co. plans to expand its IPAK Service between India and Europe by adding a call at King Abdullah Port, Saudi Arabia’s new gateway hub.
20 Sep 2013
Major container lines have announced planned rate increases for a variety of trades, as detailed below, slated to take effect in September and October.
21 Aug 2013
Bahri, the National Shipping Company of Saudi Arabia, has entered into a memorandum of understanding with Saudi Aramco and Sembcorp Marine to prepare a feasibility study for the development of a maritime yard in Saudi Arabia.
20 Aug 2013
The U.S. International Trade Commission has determined that the U.S. oil country tubular goods industry is “materially injured” by imports of OCTG products from nine nations that are sold at “less than fair value.”
25 Jul 2013
Effective Aug. 1, Maersk Line will boost rates on its trade from South Africa to the Middle East and Indian subcontinent by $100 per 20-foot container.
25 Jul 2013
Saudi Airlines Cargo achieved freight volume growth of 4 percent in the first half of 2013 despite "sluggish" global air
22 Jul 2013
Rapidly expanding Saudi Arabian Airlines released a new online service to improve procedures for shippers and forwarders
24 Jun 2013
Gulftainer will be taking over full management of terminals at the Saudi Arabian ports of Jeddah and Jubail after acquiring a majority stake in Gulf Stevedoring Contracting Company.
29 May 2013
U.S. containerized exports were up 5 percent in February 2013 year-over-year, reaching 1,011,874 20-foot-equivalent units, according to advance figures from PIERS, a JOC sister company.
21 May 2013
United Arab Shipping Co.’s ship Asir, which was crippled by an explosion that occurred in its engine room on May 11, has been moved to Jeddah, Saudi Arabia, by two tugs from Smit Salvage.