In a $6 billion investment package, the UAE will build a red sea port in Sudan

The package, according to Abdellatif, includes a free trade zone, a significant agricultural project, and an impending $300 million deposit to Sudan's central bank—the first such deposit since a military takeover in October.

Following the coup, Western donors cut off billions ...

Ammonia-fueled ships, Singapore's MPA partners

On June 7, Singapore's Maritime and Port Authority (MPA) announced a first agreement with multiple industry partners to design ammonia dual-fuel gas tankers.

The MPA is part of a consortium that includes the Singapore-based shipping company Eastern Pacific Shipping (EPS), the South ...

Aetna International's portfolio will be acquired by Allianz Partners in a global deal

Allianz Partners, a worldwide insurance and assistance company, has agreed to take over the majority of Aetna International's health insurance business outside of the Americas, Thailand, and India under a preferred partnership agreement.

The exodus, which includes huge corporations,...

Skyports and Singapore's Jurong Port signed an agreement to investigate drone deliveries from ship to shore

Jurong Port, Singapore's sole multi-purpose cargo port, and Skyports, an Advanced Air Mobility (AAM) infrastructure developer and drone delivery services provider, have signed a Memorandum of Understanding (MOU) to explore the construction of ship-to-shore infrastructure at Jurong Port.

Discounts on tonnage taxes for green ships flying the Singapore flag

The Maritime & Port Authority of Singapore (MPA) provides three categories of savings on initial registration costs and tonnage tax dependent on how many ships may exceed the International Maritime Organization's emission reduction targets in a circular outlining adjustment to the Green S...

New technology allows for faster cargo clearance at Singapore's Tuas Port

Mobile technology allows Immigration and Checkpoints Authority (ICA) officials to clear goods on the move, and drivers no longer need to wait in a holding area for the image scan results of their cargo.

A new project dubbed On-the-Fly Clearance, which was launched at Tuas Port last Octo...

Updates of UAE’s Mugharraq Port’s Offshore Drilling

The United Arab Emirates has signed a deal with the Abu Dhabi unit of Italy-based Eni for establishing a marine logistics base at the Mugharraq Port in Ruwais for supporting offshore drilling in the Al Dhafra region of Abu Dhabi.

On 24th January, the operator of Mugharraq Port, AD Ports...

Portugal to Approve Lithium Mining

Portugal might approve mining for lithium by next year. The country is said to have the largest reserves of lithium in Europe. Lithium along with cobalt and nickel plays a vital role in the production of electric batteries for vehicles. This will reduce Europe’s dependence for the element o...

Expansion of Mugharraq Port, United Arab Emirates

AD Ports in the United Arab Emirates is expanding the Mugharraq Port. The aim of this expansion is to welcome more international vessels so it can make use of its location that is close to OPEC's oil and gas developments.

In a statement released on 5th December 2021, AD Ports Group,...

Former SpaceX engineers design nuclear microreactor as an alternative to fossil fuels

Radiant, a US-based company is trying to develop a portable nuclear microreactor as a power source. They are collecting funds to design the reactor. This reactor can be used in case other forms of power generation including diesel gensets are not practical. The company Radiant is founded by a gro...

Chee Hong Tat said Singapore port will help in easing global supply chain crisis

The port of Singapore has agreed to help ease the global supply chain crisis, but this is will lead to cause container pileups. Senior Minister of State for Transport Chee Hong Tat there will be no longer waiting times for ships which come to the dock.

Highlights

Chinese companies are planning to invest in Pakistan's petrochemical sector

Highlights

• Chinese companies planning to invest in various sectors in Pakistan
• These companies will also invest in the energy pipeline between Pakistan and China

Chinese companies are planning to invest in Pakistan’s petrochemi...

UK REMOVED PORTUGAL FROM ITS GREEN TRAVEL LIST

Highlights:

• United Kingdom has removed Portugal from its green travel list from Tuesday
• Portugal will now join the amber list, which means that the people must isolate themselves for 10 days

The government of United Kingdom has remov...

SOUTH KOREA TO OPEN MASSIVE METAVERSE PORTAL

Highlights:

• South Korea has launched an alliance between 17 country’s leaders to be a major player in the metaverse trend. 
• The initiative is believed to be worthwhile as it is believed that metaverse will be the next step in the evolution ...

EUROPEAN TOURISTS WILL NOW BE WELCOMED IN PORTUGAL

Highlights: 

• Portugal will be welcoming tourists from almost all European countries from Monday. 
• Above the age of 2 years, the passengers heading to the country will have to provide a negative PCR COVID-19 test which has to be taken within ...

AUSTRALIA TO REVIEW THE LEASE OF PORT TO A CHINESE COMPANY

Highlights:

• The government of Australia is going to review the lease of a commercial and military port in its northern region in a Chinese company
• The defense officials of Australia are going to check if the company should be forced to give up its own...

VERIZON SIGNS PRIVATE 5G NETWORK DEAL WITH UK’S PORT OPERATOR

Highlights:

• The company Verizon has signed a private 5G network deal with the port operator of the United Kingdom
• The company Verizon has signed a contract with the Associated British Ports or ABP to equip the port of Southampton with private 5G netwo...

TWO CABINET MINISTERS OF AUSTRALIA DEMOTED AFTER RAPE SCANDALS

Highlights:

• Two of the cabinets ministers of in Australia has been demoted after the rape scandals
• Christian Porter had been sacked as the attorney general and Linda Reynolds has lost her jobs as the of defense minister

Two ministers...