Israel
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Offshore
Nexans wins $1.6bn EuroAsia Interconnector contract
French cabling specialist Nexans has won a €1.43bn ($1.6bn) contract to deliver the section of the EuroAsia Interconnector that connects…
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Containers
Freightos to axe 13% of its workforce amid ‘persistently weak’ market conditions
NASDAQ-listed Freightos, the Israeli box booking platform, is letting go of around 50 staff, some 13% of its workforce, in…
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Maritime CEO
Orca AI: Speeding up the evolution of shipping’s digitalisation journey
Artificial Intelligence (AI) is what is powering the new solutions coming to market and what fuels the coming generation of…
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Tech
ZIM invests in vehicle inspection start-up
Israeli carrier ZIM has invested in Spinframe, a company which has developed vehicle inspection systems based on artificial intelligence (AI),…
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Containers
ZIM makes inroads in Vietnam
Israeli carrier ZIM Integrated Shipping Services Ltd. and Haiphong-based Hai An Transport and Stevedoring Joint-stock Company (HATS), announced today the…
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Tech
ZIM backs compatriot fintech platform 40Seas
Israeli carrier ZIM and venture capital firm Team8 are supporting a compatriot fintech platform for cross-border trade financing, with $111m…
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Environment
Israel introduces 0.1% sulphur directive
Israel is jumping ahead of littoral states in the Mediterranean, introducing a sulphur emission control area (ECA) in its waters…
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Renewables
Plans unveiled for the world’s largest wave power plant in Turkey
Swedish-Israeli developer Eco Wave Power has inked a deal with Oren Ordu Enerji in Turkey for the potential construction of…
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Operations
Eastern Pacific Shipping tanker hit by armed drone off Oman
Eastern Pacific Shipping-operated product tanker has been struck by a bomb-carrying drone off the coast of Oman. The Singapore-based company…
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Containers
ZIM links up with Shell in $1bn LNG bunkering deal
Israeli carrier ZIM has signed a 10-year agreement with Shell, valued at more than $1bn, for the supply of liquified…
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Containers
ZIM invests in tracking solutions firm
Israeli carrier ZIM has invested $5.5m in compatriot tracking solutions provider Hoopo Systems. Established in 2017, Hoopo provides asset and…
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Ports and Logistics
Adani wins right to operate Israel’s largest port
India’s Adani Group along with local logistics group Gadot have sealed the winning $1.18bn bid to privatise the Israeli port…
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Tech
ZIM invests in artificial intelligence firm
Cash-rich Israeli carrier ZIM has invested $6m into Data Science Consulting Group (DSG), a compatriot tech firm with a focus…
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Containers
ZIM charters six 5,500 teu newbuilds
Israeli carrier ZIM has fixed a new charter transaction with a group of investors initiated by MPC Capital, taking six…
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Tech
Windward launches its Ocean Freight Visibility solution
Israeli maritime AI firm Windward has launched its Ocean Freight Visibility solution. The new solution enables freight forwarders to improve…
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Containers
ZIM charters 13 ships from Navios
Israeli carrier ZIM has signed a big charter deal for 13 ships with Navios Maritime Partners. The $870m deal comprises…
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Containers
ZIM ditches 2M on two routes to the US
Israeli carrier ZIM has provided an update with how it intends to cooperate with 2M, the container alliance operated by…
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Containers
ZIM adds to its 7,000 teu charter spree
Israeli carrier ZIM has penned a deal with a shipping player affiliated with Idan Ofer’s Kenon Holdings to charter three…
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Middle East
Kuwait bans ships carrying goods to and from Israel
Kuwait has issued a decree banning the entry of commercial vessels carrying goods to and from Israel from its territorial…
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Ports and Logistics
DP World withdraws from Haifa port privatisation bid
Dubai-headquartered port operator DP World has retired from the race to take over Israel’s Haifa port, one of the largest…
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