APM Terminals has entered into an agreement to divest Pentalver, the UK-based provider of container transport (trucking & haulage) and other container related services, to Genesee & Wyoming Inc. (G&W) – a United States-based, global operator…
NASCENT Technology, LLC,a provider of gate automation and related technologies, announced that it has acquired Smart Track Logistics, a Jacksonville, FL - based provider of cloud-based solutions for supply chain management, freight planning…
DP World has opened the first smart logistics centre in Lurin, Peru connected through optical fibres to its terminal at Callao Port, near the capital Lima. The centre will deliver information to the port and customs enabling customers to…
Following the sale of Hamburg Süd to Maerskfor $4 billion, VesslesValue senior analyst William Bennett has compiled a report on the top consolidated container fleets. Currently these top five fleets are worth $33.4 billion and account for 33 percent of the entire container fleet…
Lloyd’s Register (LR), a global engineering, technical and business services organization has added to its portfolio of advanced data, digital and software solutions with the acquisition of Seasafe Marine Software & Computation (Seasafe).An unexpected incident…
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…
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…
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…
Japanese technology group Yaskawa announced that it will intensify its presence in Europe, with the aim of becoming one of the two leading manufacturers of industrial robots in strategic target markets in the medium term. This investment plan…
The European Commission on Wednesday said it has given its conditional approval to a merger between German container shipping line Hapag-Lloyd and the United Arab Shipping Company (UASC). The merger would create a combined company worth about 7 to 8 billion euros ($7…
Restrata, a global leader in consultancy and training services, has partnered with leading logistics provider Agility to offer specialised training for oil and gas sector employees at the Rumaila Energy Park (REP) in southern Iraq.The REP's…
NYK subsidiary NYK Ports, together with Macquarie Infrastructure Partners III (MIP III), has invested in Maher Terminals, which operates a terminal in the U.S. port of New York and New Jersey. On November 16, 2016, NYK Ports acquired a 20 percent share of Maher…
Maritime and logistics service provider Inchcape Shipping Services (ISS) has officially opened its new head office in London.Based in Fenchurch Street in the heart of the City, the new office for ISS’ leadership team has been opened to bring…
V.Group has acquired Selandia Holdings Pte. Ltd and its subsidiaries comprising the Selandia Ship Management Group as part of its strategy to offer clients high quality outsourced marine services from Asia. Founded originally in Mumbai, India in 1995…
Hunter Maritime Acquisition Corp. announced the commencement of its initial public offering of 15,000,000 units at a price of $10.00 per unit. Each unit consists of one Class A common share of the company and one-half of one warrant, each whole…
