Integrated Logistics Solutions News

Offshore Support and Logistics Services Company (OFCO – Offshore International), the integrated maritime logistics service provider that is jointly owned by Allianz Marine & Logistics Services (AMLS) and SAFEEN, Abu Dhabi Ports’ marine services arm, announced it has acquired seven offshore support vessels, including four anchor handling tugs, a 65-meter landing craft, as well as a supply ship and multipurpose safety standby vessel.Officially launched in January 2021, OFCO provides onshore and offshore integrated logistics solutions, and subsea services.

Abu Dhabi Ports’ maritime arm SAFEEN has signed an agreement with offshore vessel owner Allianz Marine & Logistics Services (AMLS), to launch a new international provider of integrated maritime logistic services."Operating under the title of Offshore Support and Logistics Services Company (OFCO – Offshore International), headquartered in Abu Dhabi, the new joint venture will be one of the largest, most capable, and cost-efficient providers of onshore and offshore integrated logistics solutions and subsea services in the GCC [Gulf Cooperation Counci] Gulf Cooperation Council region and beyond," Abu Dhabi Ports said in a statement.According to the statement released Thursday…

Marine cargo handling company DP World has agreed to acquire a majority 51% stake in TIS Container Terminal in the Port of Yuzhny, Ukraine, subject to the satisfaction of certain conditions, including regulatory approval."Bringing the TIS Container Terminal into DP World's global network of ports, economic zones, warehousing, and inland logistics solutions will strengthen its position as the market-leading terminal of Ukraine," said a press release from the global supply chain solutions company.The latest acquisition also complements the existing operations of DP World's P&O Maritime Services business through a joint venture with TIS Group…

Dubai-based port operator DP World says it has acquired additional assets in DP World Australia (DPWA), giving the firm a majority stake in its Australian terminals.The percentage of what has been acquired from Gateway Infrastructure Investments and other financial investors is still being finalized and subject to regulatory approval. However, it valued DPWA at an enterprise value of approximately AU$1.4 billion (US$ 997 million).Following the closure of the transaction, DP World Australia will become a consolidated entity within the DP World Group and is expected to be earnings neutral in the first full year of ownership. The acquisition is expected to close in Q1 2019.Corsair Infrastructure Partners (CIP)…

CMA CGM is selling its freight management company CMA CGM Log for $105 million to the Swiss company CEVA Logistics. Recently CMA CGM has acquired a 30% stake in Ceva Logistic. CEVA will remain an independent and standalone listed company. This strategic partnership is aligned with CMA CGM's strategy to offer end-to-end logistics solutions to its customers, pioneering the development of integrated logistics solutions, while retaining an arm's length business relationship with CEVA.The deal is expected to close in the second quarter of 2019 pending regulatory approval.A press release from the global logistics supply chain company in both…

Hindustan Infralog (HIPL), a joint venture between DP World and the National Investment and Infrastructure Fund (NIIF), announced that the transaction to acquire 90% stake in Continental Warehousing Corporation (Nhava Seva) Ltd in India has now closed.CWCNSL’s founders, the Reddy family, will retain the remaining 10% shareholding and will remain involved in the business operations. It is the first investment of HIPL, the recently created investment vehicle between DP World and NIIF to invest up to US$ 3 billion in ports, logistics and related sectors.DP World Group Chairman and CEO, Sultan Ahmed Bin Sulayem, said: “We’re pleased to announce the completion of this acquisition and look forward to beginning this new growth journey, enabling India’s great commerce and trade potential.

With effect from 26 September 2017, Wilhelmsen increases its shareholding in NorSea Group from 40% to approximately 72%. NorSea Group provides supply bases and integrated logistics solutions to the offshore industry. Eidesvik Eiendomsinvest AS and Simon Møkster Eiendom AS will hold approximately 12% each, while management in NorSea Group controls the remaining 4%. Following the transaction, Wilhelmsen will buy a small portion of management controlled shares. The increased shareholding passed the Norwegian Competition Authorities 20 September 2017 and the transaction will take place 26 September. “We wish to have an exposure towards the energy market, primarily oil and gas, but also the offshore wind industry,” says Thomas Wilhelmsen, group CEO of Wilhelmsen.

Press release - DP World’s flagship Jebel Ali Port has retained its leadership position by winning the Best Seaport – Middle East Award for the 21st year in a row at the Asian Freight, Logistics and Supply Chain Awards (AFLAS) 2015 in Hong Kong. The award was received on behalf of the global marine terminal operator by Rashid Abdulla, Senior Vice President and Managing Director, DP World Asia Pacific Region. Asia Cargo News magazine, the organizers of AFLAS, picked the winners through a nomination and voting process where more than 15…

RoadOne IntermodaLogistics has announced that the company is celebrating its first anniversary. RoadOne was launched one year ago to deliver integrated, single source transportation and logistics solutions to meet today’s economic and market challenges. Within this year, RoadOne has expanded its national intermodal network with a new agent-based model under the U.S. IntermodaLogistics name and strengthened its partnership with E*Fill America to deliver extensive warehousing and fulfillment services throughout the U.S. and Canada.

After opening offices in Germany, Jordan, Vietnam and Malaysia, the turn has now come to the USA for a new CCLog office. CMA CGM Logistics (CCLog), a subsidiary of CMA CGM Group, dedicated to the development of integrated logistics solutions, opened its first US office on May 7th 2012 in response to clients’ and market’s growing demand. With 350 staff overall, handling 320,000 TEU, with a 350 M$ turnover, CCLog increases its worldwide position and aims to offer added value logistics services to its clients in more than 60 countries. From Purchase Order Management and consolidation services at origin to distribution at destination, via documentation and transportation management, CCLog develops logistics solutions for efficient and superior management of supply chain.

Rio de Janeiro, 26 September 2011 – GAC is strengthening its logistics and oil & gas services in Latin America, with the announcement of two new appointments at GAC Brazil. With effect from 1 October, 2011, Monica Chaves is appointed as Oil & Gas and Logistics Manager based in Rio de Janeiro. Monica will drive overall logistics sales and expand product portfolios further to better penetrate the region’s oil & gas sector. She brings to her new role more than a decade of experience in freight forwarding…