The European Union has extended its Red Sea naval mission, EUNAVFOR ASPIDES, until February 28, 2027, allocating nearly €15 million to safeguard commercial shipping. Launched in 2024 after attacks by Houthi Movement on merchant vessels, the operation protects routes around the Bab al-Mandab Strait and monitors waters from the Red Sea to the Strait of Hormuz. The extension comes as shipping lines cautiously consider returning to the Suez Canal amid ongoing regional tensions and increased U.S. naval presence.

The 11th edition of air cargo India 2026 will take place from February 25–27 at the Jio World Convention Centre in Mumbai, alongside the inaugural transport logistic India 2026. Featuring over 300 exhibitors, including Air India, IndiGo, Maersk and DHL Logistics, the event highlights India’s expanding logistics ecosystem. Former cricketer AB de Villiers has been named brand ambassador, while exhibitions and conferences will focus on AI, automation and innovations shaping the future of global supply chains.

France’s CMA CGM Group and India’s Cochin Shipyard signed a contract to build six LNG-powered feeder containerships, marking a major step for India’s shipbuilding ambitions. Finalized during French President Emmanuel Macron’s state visit, the $360 million deal will see 1,700-TEU vessels built in Kerala, with deliveries starting in 2029. The project is supported by India’s Shipbuilding Financial Assistance scheme and aims to showcase advanced LNG propulsion capabilities. CMA CGM also plans to expand R&D, container manufacturing, and maritime employment in India.

Gulftainer has signed a Memorandum of Understanding with PTL Holding Company Limited to explore collaboration in operating major dry ports in Laos. The partnership aims to improve operational efficiency across PTL’s dry port network and strengthen regional logistics connectivity. It will also support Laos’ investment in Vung Ang Port by developing logistics corridors and intermodal transport solutions. According to CEO Farid Belbouab, the initiative aligns with Gulftainer’s strategy to expand in Southeast Asia and boost regional trade integration.

Saudi Arabia’s ports, operated by Saudi Ports Authority, handled 738,111 TEUs in January 2026, up 2% year-on-year. Transshipment volumes rose 22.44%, underscoring strong hub activity, while imports and exports saw marginal declines. Key gateways such as Jeddah Islamic Port and King Abdullah Port continue to anchor regional trade. The performance supports National Transport and Logistics Strategy, strengthening Gulf-India maritime corridors and enhancing supply chain reliability for bilateral trade exceeding $50 billion annually.