Unifeeder Acquires Feedertech
Denmark’s Short-sea operator Unifeeder , part of the global port operator DP World, has acquired a 77% stake in The Feedertech Group, a Singapore-based feeder and shortsea operator.The Group’s Chairman, Ali Maghami, will retain the remaining 23% shareholding.Established in 2003, the Group operates two companies; Feedertech, which is a feedering service and Perma, a regional shortsea network. Both operate in the same market and connect the fast-growing trade route of Asia-Middle East via the Indian Subcontinent.The Group generates annual revenue of close to $200m from a diversified customer mix, calls at 50 ports and transports over 600k TEU annually.“The Feedertech Group has enjoyed great success over the years and we are proud of our achievements.
Kia Motors to Use Georgia Ports for SUV
Kia Motors Manufacturing Georgia has announced the Telluride, its new eight-passenger SUV, will be shipped to the Port of Brunswick for global markets this month.“The launch of the Kia Telluride, our largest and most refined SUV to date, will be a monumental achievement for KMMG,” said Countess. “From the support we receive from GPA with our inbound parts from our global supply chain to supporting our export of finished vehicles to current and future markets, GPA will play an important role.”Through vertical integration – parts in via Savannah, autos out via Brunswick – Kia takes advantage of Georgia’s extensive road and rail infrastructure…
Ship Management and Technology
Technology is central, not merely an add-on, to ship manager brand value. Ship managers who operate vessels on behalf of their owner clients, are the lynchpin of international shipping. As the industry has gone through rounds of relentless cost cutting, at times of increasing regulatory scrutiny, and commercial pressures for high standards, third party managers have filled the need for raising quality, while maintaining tight cost controls. The rise of third party managers in the 1980s and 1990s…
Chinese Ship Recyclers Attend GL Seminar
Chinese National Ship Recycling Association (CNSA) delegates attend Germanischer Lloyd’s (GL) workshop in Hamburg. Participants met for a workshop which focussed on standards, training, and research and development. The CNSA delegation was headed by its president, Mr Xie Dehua, whose address examined the approach China industry was taking to improve standards and promote environmentally friendly ship recycling. All 61 member yards of CNSA offer environmentally friendly recycling facilities, using either dry dock or floating methods.
