Logistics Solutions News

13 Feb 2020

DP World Acquires Ukraine's TIS Terminal

Sultan Ahmed Bin Sulayem. Photo: DP World

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…

27 Jan 2020

Matson Promotes Three

(Photo: Matson)

U.S. carrier Matson announced it promoted three executives to the company's senior leadership team, effective immediately.Branton "Bal" Dreyfus, Vice President, Alaska, has been promoted to Senior Vice President, Alaska in recognition of Matson's growing scope of operations, continuing investment in and long-term commitment to serving Alaska. Dreyfus will continue to report directly to Matt Cox, Chairman and Chief Executive Officer.Capt. John "Jack" Sullivan, Vice President, Vessel Operations and Engineering…

06 Jan 2020

P&O Ferrymasters Expands in Turkey

Image: P&O Ferrymasters

European providers of transportation and logistics services P&O Ferrymasters has announced plans to open five new offices across Turkey over the next two years as it continues the expansion of its pan-European logistics services into Asia.In addition to its existing base in Istanbul, P&O Ferrymasters will develop a comprehensive network across the strategically vital country by opening offices in Izmir on the Aegean coast, the capital city Ankara, Mersin on the south coast, Bursa in the Marmara region and Gaziantep near the border with Syria.Murat Bog…

23 Dec 2019

ARISE Mauritania Picks Kalmar Equipment

Image: Kalmar Global

Kalmar, the provider of cargo-handling solutions and equipments to ports and terminals, has concluded an agreement to supply a suite of yard crane and mobile equipment to ARISE Mauritania for Nouakchott container terminal.The agreement includes four Kalmar Zero Emission rubber-tired gantry cranes (RTGs), one reachstacker, one empty container handler and two forklift trucks of the Kalmar Essential Range.The order was booked in Cargotec's 2019 Q4 order intake, with the delivery of all machines scheduled to be completed during Q3 of 2020.ARISE Mauritania…

09 Dec 2019

WiseTech Global Acquires Ready Korea

Image: WiseTech Global

Global logistics software group, WiseTech Global has announced the acquisition of Ready Korea, a customs, bonded warehouse and trade compliance solutions provider in South Korea.Headquartered in Seoul, Ready Korea offers a cross-border compliance solution, which facilitates the lodgement of electronic transactions to the Korean Customs Service, including customs brokerage and refunds and Free Trade Agreement verification, along with bonded warehouse management.Ready Korea also…

03 Dec 2019

Unifeeder Acquires Feedertech

Jesper Kristensen. Image courtesy: Unifeeder A/S

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…

26 Nov 2019

Kalmar Signs Pact with Baja Ferries

Pic: Kalmar

Kalmar, part of Cargotec, has signed an agreement with Mexican ferry operator Baja Ferries to supply 20 terminal tractors for use in RoRo port operations.The order, which was agreed through Kalmar’s Mexican distributor Tracsa/Sitsa, was booked in Cargotec's 2019 Q3 order intake, with delivery scheduled to take place during Q1 2020.Baja Ferries is a leading provider of cargo and passenger ferry services in Mexico, offering integrated and multimodal logistics solutions. The company’s…

25 Nov 2019

DP World Raises $2.3Bln, Rings Nasdaq Bell

Photo: DP World

Sultan Ahmed Bin Sulayem, Group Chairman and CEO of the global port operator DP World, rang the market-opening bell at Nasdaq Dubai to mark the listings of two sukuks (Arabic name for financial certificates) and two conventional bonds worth $2.3 billion.DP World will use the capital raised for debt refinancing and to fund growth opportunities.The listings, carried out during 2019, comprise two Sukuk of one billion US dollars and 500 million US dollars, and two conventional bonds of 500 million US dollars and 300 million US dollars.Sultan Ahmed Bin Sulayem…

20 Nov 2019

Lineage Logistics Acquires Emergent Cold

Image: Lineage Logistics

Lineage Logistics Holdings, the world’s largest provider of temperature-controlled logistics solutions, announced it has signed definitive agreements to acquire Emergent Cold, the global cold chain services provider.This acquisition strengthens the Company’s leading port presence in the United States and signifies its entry into the Australian, New Zealand, and Sri Lankan temperature-controlled logistics markets, building on Lineage’s existing presence in the Asia-Pacific region.

18 Nov 2019

Chantiers de l'Atlantique Extends Nexans Gig

Image: Chantiers de l’Atlantique

French player in the cable and optical fiber industry Nexans S.A. said that it has secured a 5-year contract extension with the compatriot shipbuilding giant Chantiers de l’Atlantique to supply cables and services for use in some of the world’s largest passenger vessels.The contract builds on a 45-year partnership between Nexans and Chantiers de l’Atlantique, an alliance which has facilitated the evolution of specialized ship cable technology and logistics.Throughout this partnership period…

08 Oct 2019

Dachser Opens Argentina, Chile Offices

From left: Guido Gries, Managing Director DACHSER Americas and 
Frank Habermann, Managing Director of DACHSER Chile
(Photo: Dachser)

Due to the continuous growth of its South American operations, global logistics provider Dachser recently relocated both its Buenos Aires, Argentina regional office as well as its Santiago, Chile regional office to larger facilities.“The business in both Argentina and Chile is expanding and we simply outgrew our offices in these countries. We needed more employees, equipment and space to properly handle the business we have today as well as prepare for the growth we anticipate in these markets,” said Guido Gries, Managing Director Dachser Americas.

07 Oct 2019

Deepwater Port Posorja 1st Phase Opened

Photo: DP World

The $538 million first phase of the new Deepwater Port of Posorja in Ecuador by global trade enabler, DP World, is now completed and successfully operational.The overall $1.2 billion project will replicate Dubai's Jebel Ali Port and freezone, making Ecuador a trade and logistics hub for South America's west coast, and opening a gateway for large container ships with capacities exceeding 10,000 TEUs.Sultan Ahmed Bin Sulayem, Group Chairman and CEO, DP World, visited the facility to assess progress of the project, which is one of the largest international investments in Ecuador.

24 Sep 2019

Maersk Upgrades its Digital Warehousing

Pic: Maersk

A.P. Moeller – Maersk will extend its end-to-end container logistics services with JDA Software Inc.’s Warehouse Management solutions, further building its warehousing and distribution services.American software and consultancy company providing supply chain management said Maersk will gain support in its ambition to provide visibility throughout the supply chain to improve on-time performance, adapt to real-world disruptions and simplify its customers’ supply chains.Today Maersk…

13 Aug 2019

UAE Presence Grows in the Maritime World

DP World currently has five terminals in Dubai, three at the flagship Jebel Ali Port. Photo Credit: DP World

Over recent years the United Arab Emirates has emerged as an important maritime hub with grand ambitions. Mark Venables visited the region to discover what is driving that growth.When the UAE was elected to the IMO Council as a Category B member, it immediately raised its profile within the maritime community. The Emirates have taken a significant step forward in the maritime world.Despite this success, the region remains a challenging market for shipping and logistics. One of…

12 Jul 2019

Shipping Majors Join CargoSmart Digital Initiative

Pic: CargoSmart

The provider of software-as-a-service based shipping and logistics solutions, CargoSmart has announced the official execution of the Global Shipping Business Network (GSBN) Services Agreement with shipping majors.According to a statement from the shipment management software company, CMA CGM, COSCO Shipping, COSCO Shipping Ports (CSP), Hapag-Lloyd, Hutchison Ports, OOCL, Port of Qingdao, PSA International and Shanghai International Port Group have signed up with it.As per the agreement…

13 Jun 2019

Singapore Firms Select ABS Systems

Image: ABS

Singapore-based offshore marine services provider PACC Offshore Services Holdings Ltd (POSH) and the maritime logistics solutions provider Pacific Carriers Limited (PCL) have selected ABS Nautical Systems  (NS) fleet management software to support their digitalization strategy.Both PCL and POSH are part of Kuok Singapore Limited (KSL) Maritime Group of companies, with competencies extending across offshore marine services, commercial shipping and marine engineering. Both POSH and PCL operate a combined fleet of 245 vessels including tankers…

11 Jun 2019

GAC Mulls Expansion

Pic: GAC

The shipping & logistics company GAC is tapping into the growing contract logistics business potential of the Asia Pacific, Indian Subcontinent and Middle East, with plans to further develop and expand in its operations in the regions.That was the message Lars Bergström, GAC’s Group Vice President for Asia Pacific & Indian Subcontinent, had for the Group’s Contract Logistics Solutions experts who gathered in Colombo, Sri Lanka, to chart GAC’s strategy to increase its share of the business in their regions.

22 May 2019

Peel Ports Acquires Quality Freight

Mark Whitworth. Photo: Peel Ports Group

Peel Ports Group has announced that it has acquired Quality Freight (UK) Limited, which provides chartering and a range of port services operating from a 40 acre multimodal facility at Ellesmere Port in Cheshire.The value of the transaction has not been dicslosed.Commenting on the acquisition, Mark Whitworth, Chief Executive of Peel Ports Group said: “Our strategy is to be a leading UK provider of port centric logistics solutions. The acquisition of Quality Freight (UK) Limited…

07 May 2019

Pangaea Orders Ice Class Post-Panamax Pair

Image: Pangaea Logistics Solutions

Pangaea Logistics Solutions, a global provider of comprehensive maritime logistics and transportation solutions, has signed a contract to build two new post-panamax 95,000 dwt ice-class dry bulk vessels at Guangzhou Shipyard International in China to support the new business.Pangaea holds options to build two more vessels at Guangzhou, said a press note from the company.Pangaea has also announced  the expansion of its high ice class fleet niche with a new ten year contract with its customer Baffinland Iron Mines Corporation.Ed Coll…

03 May 2019

Acta Centaurus Ready for Offshore Job

Image: Ulstein Verft

Acta Marine has taken delivery of its new walk-to-work vessel Acta Centaurus from Ulstein Verft and is about to set sail for her first offshore wind assignment.“Building on experience with our first Ulstein Walk to Work construction support vessel Acta Auriga delivered to us last year, we are highly confident that Acta Centaurus will be very well suited to operate in the offshore, and specifically the renewable market. We will now get ready to bring her out to the Offshore Wind Farm to commence work…

18 Apr 2019

Tristar Orders Six Tankers at Hyundai Mipo

Photo: Tristar Group

The Dubai-based Tristar Group announced that it has signed firm contracts for six new build 25,000 MT DWT, IMO Type 2 Oil and Chemical Tankers with South Korea shipbuilder, Hyundai Mipo Dockyard.The vessels will be delivered between the middle of May 2020 till the first week of January 2021, said a press release from the fully integrated liquid logistics solutions provider.The vessels have been ordered on the back of long-term charter contracts with oil major Shell.“Our business…

12 Apr 2019

ICTSI Argentina Opens TecPlata Terminal

Log-In’s Jacaranda berthed at Tecplata. Pic: ICTSI

International Container Terminal Services Inc (ICTSI) has inaugurated container operations at TecPlata, located in Argentina’s Puerto de La Plata.The opening ceremony was attended by the vice governor of the province of Buenos Aires, the Minister of Production and several other national, provincial and municipal officials.The opening rites were highlighted by the arrival of Jacarandá, a vessel of Log-In, a Brazilian shipping line specializing in door-to-door logistics solutions which recently signed an agreement with TecPlata…

11 Apr 2019

APM Launches Gothenburg Gateway

Pic: APM Terminals

APM Terminals, an international container terminal operating company headquartered in The Hague, said that its Gothenburg unit has launched The Gothenburg Gateway.Gothenburg Gateway will ensure that a container placed on a freight train anywhere in Sweden is loaded onto a large ocean-going vessel within 48 hours, and will shave up at least a week off the transit time to Shanghai.APM Terminals Gothenburg’s goal is for all parts of the country to have the same fast access to the world market.The Gothenburg Gateway…

Maritime Reporter E-News subscription

Maritime Reporter E-News is the maritime industry's largest circulation and most authoritative ENews Service, delivered to your Email five times per week

Subscribe for Maritime Reporter E-News