Shortsea Network News

DP World announce Tuesday it has finished integrating its recent acquisitions Unifeeder and Feedertech, creating a feedering and shortsea network serving hundreds of ports across the globe.Unifeeder, which recently acquired Feedertech, operates feeder and shortsea services around northern Europe and throughout the Mediterranean and Northern Africa regions. Feedertech provides similar services connecting ports in Southeast Asia, the Indian subcontinent and the Middle East. The…

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.

Panos Kirnidis, CEO of Palau International Ship Registry (PISR) was one of the first speakers to welcome shortsea shipping experts, owners, charters and sector professionals to the 2019 Shortsea Shipping Day at the Piraeus Yacht Club in Greece on Thursday 14 June.As the lead sponsor for the event, organised with among others the European Shortsea Network and the Hellenic Short Sea Shipowners Association (HSSA), Panos Kirnidis stressed the importance of short sea shipping to the industry and the significant role it plays in the development of European economies.“This has been a significant week for Palau International Ship Registry as in London on Monday at the IMO Executive Committee we were proud and honoured to be recognised as White List members of the Standards of Training…

Global port operator DP World says it has completed the acquisition of Danish logistics firm Unifeeder for $748 million.DP World’s full acquisition of Unifeeder Group from Nordic Capital Fund VIII was announced in August, but finalized on Thursday."DP World PLC is pleased to advise that it has closed the transaction to acquire 100% of Unifeeder Group from Nordic Capital Fund VIII and certainminority shareholders," said one sentence statement from the Dubai-based global marine terminal operator."Unifeeder Group is now part of the DP World Group, a leading enabler of global trade and an integral part of the supply chain," said a statement…

Dubai-based port and terminal operator DP World said that its gross volumes rose 4.8 percent to USD 35.6 billion s for the six months to 30 June 2018,  despite uncertainties in the container market. On a reported basis, revenue grew 14.4%.Revenue growth is supported by the volume growth across all three regions and the impact of new acquisitions including Drydocks World LLC (Drydocks), Dubai Maritime City (DMC) and Cosmos Agencia Marítima (CAM).Profit attributable to owners of the Company before separately disclosed items has dropped 2.1%on a reported basis but grew 5.2% on a like-for-like basis.DP World Group Chairman and CEO, Sultan Ahmed Bin Sulayem…

DP World, one of the world's largest port operators, said on Tuesday it had acquired 100 percent of Unifeeder Group, a Danish logistics company, for 660 million euros ($762.6 million).The acquisition from Nordic Capital Fund VIII and certain minority shareholders will boost DP World's presence in the global supply chain and broaden its product offering to its customers, shipping lines and cargo owners, DP World said.Based in Aarhus, Denmark, Unifeeder operates a container feeder and a shortsea network in Europe, serving both deep-sea container hubs and the intra-Europe container freight market

European Shortsea Network (ESN) meeting was held in Malta with representatives from 11 European countries at the head office of Malta Freeport Terminals, says a report in Times of Malta. The presidency of the European Shortsea Network is currently held by Malta which also hosts the official registration of the European Shortsea Network as a legal entity. The European Shortsea Network is an association made up of 28 European countries with their main objective being that of promoting shortsea shipping in Europe. This network is recognised by the Directorate General of Mobility and Transport of the European Commission whose mission includes the promotion of transport through shortsea shipping.

A coalition of European shipping sector organisations, led by the European Community Association of Ship Brokers and Agents (ECASBA), has called on the European Parliament, Commission and Member States to honour the commitments to support short sea shipping that were made in May last year in the Athens Declaration. ECASBA General Manager Jonathan C. Williams FICS, who coordinated the joint letter, said that the Declaration included a clear and unequivocal call by Transport Ministers for concerted action by Europe to allow short sea shipping to exploit its full potential as the most efficient and environmentally friendly mode of transport. One year on however, the actions that require to be taken to allow the Declaration aims to be achieved, have still not been progressed, he added.

Direct access to key Japanese markets. Global container shipping leader APL today announced that it will enhance its Japan to Thailand and Philippines coverage as a slot operator in a tie-up with Mitsui O.S.K. Lines (MOL). The new service, named Japan-Thailand-Philippine (JTP) service, will enhance APL’s coverage of Japanese ports, in particular those of Tokyo, Yokohama, Shimizu and Nagoya. “Introducing the weekly JTP service will strengthen APL’s Intra-Asia shortsea network and better serve key production and consumption markets in the region…

Containerships is rebranding the South Baltic services and agencies built up under the Kursiu Linija name. From February 1, 2007 all Kursiu Linija services will be operated under the Containerships name. Containerships will also have its own agents in Lithuania and Latvia, under the names of Containerships Lithuania and Containerships Latvia. These replace UAB Arijus and Kursiu Linija Latvia. The Finland, Russia, Poland, Sweden service has also been enhanced from January 30, when the Carina made its first call in Klaipeda. She will add in Klaipeda into her rotation, which will then be: Helsinki - St. Petersburg - Klaipeda - Gdansk - Sodertalje.