Rejection of all Bids The Ethiopian Maritime Authority (EMA) has recently rejected bids from seven logistics companies seeking multimodal operating licenses. This surprising decision includes the disqualification of Bollore Transport Logistics, a company with extensive experience in the field. The EMA had previously...
The International Maritime Organization (IMO) Council has appointed Arsenio Antonio Dominguez Velasco of the Republic of Panama, for an initial 4-year term as the next Secretary-General. Valesco will start his tenure as of 1 January 2024, subject to the Assembly’s approval. The decision...
Cepsa and Yara Clean Ammonia have entered into a strategic partnership to create the first green hydrogen maritime corridor between the ports of Algeciras and Rotterdam. Under the partnership, Yara Clean Ammonia will become a partner in the Andalusian Green Hydrogen Valley project...
Beijing is readying a stimulus package to boost its stuttering economy following the central bank’s interest rate cuts earlier this week. How much of a boost the increased spending will be to the deflated global dry bulk scene remains to be seen. JPMorgan...