Keywords: Maritime logistics
Sultan Ahmed Bin Sulayem, the former chairman and chief executive of global logistics company DP World, has assumed direct control of Malaysia’s MMC Port Holdings following a major leadership change at the company, according to an internal memorandum reviewed by Reuters. The move places Bin Sulayem,......
Experts in the global energy and shipping sectors warn that the reopening of the Strait of Hormuz would not immediately restore normal conditions in oil markets, as an unexpected logistical challenge continues to affect hundreds of vessels. Following recent disruptions in the region, a large number......
The Canary Islands government has formally requested that Madrid reconsider or block Moroccan port operator Marsa Maroc’s planned acquisition of a 45% stake in the Spanish maritime giant Boluda. Antonio Morales, president of the Gran Canaria government, expressed concerns that the transaction......
Morocco’s Tanger Med Port has reaffirmed its stature as one of the world’s most efficient container ports, ranking fifth in the 2024 Container Port Performance Index (CPPI), jointly published by the World Bank and S&P Global Market Intelligence. However, the port has ceded its long-held......
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