Under the plan, carrier partners will deploy reduced or zero lifecycle carbon-capable ships on the Trans-Pacific routes starting in 2025.

This order marks the next phase in QatarEnergy’s ship acquisition program, which supports the expansion of its Golden Pass LNG export and North Field LNG projects.

Saudi Arabia has outlined an ambition to become a global supply chain hub and develop one of the largest airports in the world in Riyadh.

The funding will go towards improving the movement of goods along navigable U.S. waterways and expanding existing services in Alaska, Illinois, Indiana, Louisiana, Texas, Washington and Wisconsin.

Gwadar is the linchpin of China’s Belt and Road infrastructure endeavors in Pakistan, but developments have attracted ire from Gwadar locals, over illegal fishing trawlers from abroad.

Blank sailings peaked at 21% early on during the first few weeks of 2023 before eventually falling to 7% during weeks 36 through 40.

The daily limits have contributed to a backlog of 116 vessels waiting to cross, well above normal, but below the more than 200 ships that were stuck last month.

Officials said it was the first time civilian ships had reached a Ukrainian port since the collapse of a UN-backed deal with Russia.

The port also saw the number of imported TEUs handled increase by 7% year-over-year to more than 433,000 TEUs, the first year-on-year increase in more than a year.

The objective is to provide a neutral open library of geofences linked to container handling facilities to ensure that all parties in the supply chain can reference the same geofence for a facility.