?? Navigating the ever-shifting waves of the shipping world requires staying updated with the latest currents. In this edition, we bring you a compass of crucial updates from the month gone by, ensuring you're well-informed in the dynamic realm of global logistics?
- ?? Conflicts in Red Sea remains: Despite the American and the British strikes on Yemen, attacks on the Red Sea continued on commercial vessels. Which caused The majority of container carriers to continue to divert away from the Suez Canal.?
- ?? CMA CGM Adapts Mediterranean Services: On January 10th, the French shipping line introduced a weekly service to improve connections among the Eastern Mediterranean, Malta, Libya, and Egypt. This strategic adjustment involves a fleet of two ships with a capacity of up to 1,300 TEU, addressing the evolving requirements for smoother trade operations and reinforcing the company's dedication to serving the Mediterranean and its neighboring regions.?
- ?? New Shipping Service Connects Saudi Arabia: Mawani (Saudi Ports Authority) has introduced a new shipping service, "SIG" in collaboration with ONE and SAMU at King Abdulaziz Port in Dammam. The service aims to connect Saudi Arabia with Southeast Asia and India. SIG will operate weekly, connecting Dammam with key global ports such as Singapore, Nhava Sheva, Mundra, Kochi, Colombo, and Jebel Ali, with each vessel having a capacity of 2,700 containers, emphasizing its efficiency in handling substantial trade volumes.?
- ?? Abu Qir Port Anticipates Inauguration: The Egyptian Maritime Port prepares for its opening in the current year, by welcoming the first container ship to its commercial harbor. The port is scheduled to be the deepest in the Egyptian ports overlooking the Mediterranean Sea.?
- ???? ?Hapag-Lloyd Commences a New Alliance with Maersk: In a strategic move, Hapag-Lloyd has initiated Gemini cooperation with Maersk. The cooperation planned to start in February 2025 reflecting a reshaping of alliances and partnerships within the maritime sector, signaling potential impacts on global shipping dynamics and collaborative strategies among major carriers.?
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