To suit the requirements of the dynamic market, ASMEF has constantly reinvented to enable consistent growth. After recent developments, in line with the company’s mission to enhance growth prospects, ASMEF announced changes in leadership roles with the aim of fostering its leading position.
Iranian Transport and Urban Development Ministry is planning to inaugurate 12 port development and maritime projects in six provinces across the country by the Iranian calendar month of Tir (begins on June 22).
The Australian Maritime Safety Authority announced an 18-month ban for a Qatari-owned bulker after releasing the vessel from a two-month detention. Calling conditions aboard the bulk carrier “appalling,” AMSA cautioned all vessel owners and operators that it has “zero-tolerance for sub-standard ships operating in Australian waters.”
Westports Holdings Berhad has announced its financial results for the 1st Quarter of 2021. At the top-line, the Company’s total revenue improved to RM508.2 million primarily due to higher revenue from the container segment as throughput volume increased by 5% to 2.66 million TEUs. The Company’s reported profit level reflected insurance recoveries, absence of general provision, among others – these amounted to RM33.4 million. After the tax provision of RM65.3 million or an effective tax rate of 24%, Westports reported a Profit After Tax of RM208.3 million.
The International Maritime Organisation (IMO) held its first-ever virtual award ceremony on the 7th April, 2021. The event recognized the contributions of long-standing maritime industry chief, Peter Hinchliffe, former Secretary-General, International Chamber of Shipping (ICS), and presented him with the prestigious International Maritime Prize for 2019.
Barak Lafer: Adaptability to change enabled our penetration in the market and helped reach customers despite COVID-19 challenges
Barak Lafer, Marketing Director at Israel Shipyards Ltd., spoke to Marasi News about how Israel Shipyards overcame the challenges of the pandemic
Future of Ports 2021 highlighted cutting-edge start-up ideas that will redefine port and logistics sectors
The Future of Ports 2021, presented by Gulftainer in partnership with OneValley, aimed at providing exposure to the ideas and issues addressed by the top 10 start-ups, shortlisted after a six-month long competition held between aspiring entrepreneurs. These start-ups were selected from over 2,000 others that participated in the competition to provide innovative solutions and ideas that will lead the transformation of ports worldover and the global logistics sector. Finalists included Artemis Robotics, Authenticity, Creation Labs, Docktech, eYARD, IronYun, Moeco, Morpheus.Network, ThroughPut, and Zainar.