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…
The medium term outlook for global container port demand growth is positive thanks to strong underlying economic momentum across the world’s major economies. While there may be clouds on the horizon in the form of tariff and trade war fears…
The construction of a 900-metre-deep deep-sea quay near the HoogTij business park along the North Sea Canal is set to begin this summer. HoogTij is divided into two parts: a site reserved for port-related companies (the maritime section)…
New pre-arrival clearance protocols and reduced terminal handling charges for containers in transit, mean that Jordan’s deep-water Aqaba Container Terminal (ACT), located on the Red Sea, is now a realistic alternative maritime gateway for Iraq-bound cargo…
Oosterhout Container Terminal (OCT) has now joined the West-Brabant corridor, the partnership launched in February 2018 between deep-sea terminals, inland shipping companies and inland terminals to bundle container cargo on the sailing route between Tilburg…
The CMA CGM Group and Lekki Port LFTZ Enterprise (LPLE), the promoters of Lekki Deep Sea Port, announced the signing of a Memorandum of Agreement to operate Lekki Port’s future container terminal.Located in Nigeria, the future Lekki Deep Sea Port will be developed…
Maersk Master and Maersk Mariner, Maersk Supply Service’s two first Starfish-class anchor handling vessels built in 2017, will be on contract with Quadrant Energy in Western Australia, commencing March 2018. Both vessels will support Quadrant…
Most of Earth’s volcanoes are in the oceans, yet scientists know very little about them compared to volcanoes on land. Schmidt Ocean Institute’s research vessel Falkor recently completed a 41-day expedition near Tonga, using cutting-edge technology to map…
The team behind Clydeport, Scotland’s global deep-sea gateway, is preparing to welcome an audience of over 100 shipping industry experts to a one-of-a-kind conference this month (Thursday 28 September) at Glasgow’s iconic Science Centre Auditorium…
Solstad Farstad, which claimed to be the world’s largest OSV firm, has sold a relatively new AHTS vessel Far Shogun, since its formation last month following the mega-merger of three leading OSV companies in Norway. The 2010-built, 23,664…
Michael W. Kearney, Chairman of the Board of Commissioners of the Port of New Orleans, was named recipient of the 2017 Diolkos Award at the 7th Annual Rail Supply Chain Summit in Chicago on June 14, 2017. The Diolkos Award recognizes an…
Scotland’s deepest container terminal expects to double its business in the next five years thanks to the opening of £400million ‘sister’ terminal – Liverpool2. Owned by Peel Ports, Greenock Ocean Terminal – recognized across the world for…
Norwegian OSV companies Solstad Offshore, Farstad Shipping and Deep Sea Supply have signed off on merger plans first announced on February 6, 2017. The statutory merger plans have been approved and signed by the boards of Solstad, Farstad…
At the opening session of the 2016 SNAME Maritime Convention in Bellevue, Washington, George A. (Sandy) Thomson was elected a Fellow of the Society of Naval Architects and Marine Engineers (SNAME). According to the Society, the grade of…
Scientists from the Alfred Wegener Institute, Helmholtz Centre for Polar and Marine Research (AWI) are setting out with the research vessel Polarstern towards Spitsbergen, to use newly developed equipment in the Arctic Ocean. Autonomous instruments on the seabed…
