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Morocco-Europe shipping route revolutionizes fresh produce logistics

European logistics company Samskip has introduced the Moroccan Reefer Service (MRS), a new weekly maritime line connecting Agadir and Casablanca directly to Thamesport in the UK and Rotterdam in the Netherlands. The service offers a faster, more sustainable alternative for transporting fresh produce......

New Morocco-Saudi shipping line to boost trade and cut transit time

A planned direct shipping line between Morocco and Saudi Arabia is set to revolutionize trade relations, benefiting over 100 Moroccan exporters by significantly reducing transit times and increasing market access. The initiative seeks to deepen bilateral trade ties and enhance economic cooperation between......

Three crew killed in houthi attack on Greek vessel in red sea

An attack by Yemen’s Houthi militants on the Liberian-flagged cargo ship Eternity C in the Red Sea has left three crew members dead and two others wounded, according to a statement from the European Union naval force on Tuesday. The assault marks a troubling escalation in threats to one of the......

Israel strikes Houthi-controlled areas in Yemen amid escalating tensions

Israel announced early Monday that it had conducted a series of airstrikes on Houthi-controlled areas in Yemen, targeting key ports and infrastructure. The strikes, which hit the port city of Hodeida along with Ras Isa and Salif, were described as a response to ongoing Houthi missile and drone attacks......

Tanger Med port's remarkable growth amid leadership controversy

Hassan Abkari, the former director general of Tanger Med Port Authority (TMPA), has officially liquidated the Spanish firm that was central to his dismissal. This development follows the revelation of his business activities in Valencia, prompting the closure of New Port Consulting 2024, a company he......

Tanger Med Port achieves $1.2 billion revenue in 2024, solidifying its role as a key Mediterranean hub

The Tanger Med Port concluded the 2024 fiscal year with an impressive revenue of MAD 11.23 billion ($1.212 billion), reflecting a robust increase of 12.3% compared to the previous year. This prominent Moroccan port has established itself as a pivotal regional hub, facilitating significant national imports......

Gozem secures $30M funding boost from Al Mada Ventures to expand mobility and financial services in Africa

The Togolese startup Gozem has raised $30 million in a strategic funding round led by Al Mada Ventures, in collaboration with MSC Mediterranean Shipping Company. This investment brings Gozem’s total financing to $45 million since its inception in 2018, marking a significant step in the company’s......

US Expands List of Chinese Companies Linked to Military Ties

The U.S. Department of Defense has added several prominent Chinese companies to its list of entities allegedly connected to China’s military. These include Tencent, the leading gaming and social media company, and CATL, the largest global electric vehicle battery manufacturer. Other companies listed......

US Deploys Strategic B-2 Bombers in Unprecedented Yemen Operation

In a significant escalation of military operations, the United States conducted precision strikes against Houthi targets in Yemen early Thursday morning, marking the first deployment of B-2 stealth bombers in the ongoing campaign against the Iran-supported group. The operation, targeting five underground......