Advent International has agreed to acquire a majority ownership interest in marine and offshore vessel management and support services provider V.Group Ltd. from OMERS Private Equity (OPE). V.Group’s management team will retain a minority stake in the company…
NYK has signed a joint-venture agreement with Vietnam Ocean Shipping Agency Corporation (VOSA) to establish NYK Auto Logistics (Vietnam) (NALV), a logistics company for finished cars. On December 2, a signing ceremony was held at the NYK head office in Tokyo and attended by Vu Xuan Trung…
GAC Dubai has broken ground on the site of its newest contract logistics facility that will bring its total capacity to more than 200,000 pallet positions serving customers active in the local and regional markets.Construction of the three…
Brand owners and representatives from the international shipping industry have joined forces in signing an historic declaration of intent aimed at preventing the maritime transport of counterfeit goods.Leaders from global shipping firms…
Continuing its longtime commitment to eco-friendly practices, Crowley’s Puerto Rico liner services group has joined the SmartWay Transport Partnership, an innovative collaboration between the U.S. Environmental Protection Agency (EPA) and industry…
AAL, one of the world’s leading breakbulk, project cargo and heavy lift shipping operators, has been awarded the prize for ‘Excellence in Project Cargo, Breakbulk / Heavy Lift’ at the 21st Annual Australian Shipping & Maritime Industry Awards…
New Zealand tech-company BISON has announced that its portable C-Jacks and C-Legs have just received OIML certification and type approval in Europe. These latest certifications mean shippers can now use BISON container weighing scales for SOLAS VGM compliance across Europe…
The world’s largest single-deck bulk/log carrier, Olive Bay, arrived Thursday at The Northwest Seaport Alliance’s West Hylebos log terminal in Tacoma. The terminal, operated by Seattle-based Merrill & Ring Forest Products, welcomed Pacific Basin Shipping’s Olive Bay…
U.S. Rep. Bill Shuster (R-PA) has been selected by the House Republican Conference to continue serving as Chairman of the Committee on Transportation and Infrastructure. “It is an honor to be selected again by my colleagues to serve as Chairman…
The American Maritime Partnership (AMP) has issued the following statement on the selection of Secretary Elaine L. Chao as the next United States Secretary of Transportation. “The American Maritime Partnership congratulates Secretary Elaine Chao for her nomination by President-elect Donald J…
Douglas Owen has been appointed Secretary General of the Bureau International des Containers (BIC) following almost four years of service at the organization.With more than 20 years of experience in the maritime transportation industry,…
Crowley Logistics Inc., a division of Crowley Maritime Corp., has secured a multi-year contract from the U.S. Transportation Command (TRANSCOM), an agency of the Department of Defense (DOD), to provide transportation and related services supporting Department of Defense activities in the U…
Freight ferry company Seatruck is reporting growth of more than 18pc in 2016 consolidating its position as the fastest growing operator on the Irish Sea, as more hauliers switch to its services. Seatruck chief executive Alistair Eagles said…
European cooperation is necessary in order to integrate inland waterway transport better into the multimodal logistic chains.This opinion was shared by around 130 participants from Poland, Germany, Sweden, Lithuania, Finland, Belgium and Czech Republic…
Global trade enabler DP World Group Chairman and CEO Sultan Ahmed Bin Sulayem spoke at the Asian Logistics & Maritime Conference in Hong Kong this week, highlighting the potential of One Belt One Road (OBOR) to be the world’s largest project…