Global Energy Group (GEG) has reached an agreement on the sale of three of its group companies, including The Port of Nigg, to long term investor, Mitsui & Co. Europe (Mitsui) a subsidiary of Mitsui & Co, together with Mitsui O.S.K. Lines (MOL).The acquisition includes The Port of Nigg, a multi-sector energy port and green freeport, Global Energy (Fabrication), a multi-site fabrication and manufacturing business…
Noatum Maritime, part of AD Ports Group’s Maritime & Shipping Cluster, opened its first office in Shanghai dedicated to its agency and maritime services arm – Noatum Maritime Services. The new office contributes to the Group’s international…
AD Ports Group has signed a 50-year land lease agreement with Emirates Food Industries, a member of the National Holding Group.This collaboration will initially see the development of silos at Khalifa Port’s South Quay, further enhancing the port's capabilities…
TOTE Group, a leader in transportation and logistics, announced the appointment of Jason Grear, CPA, as its Chief Financial Officer (CFO), effective today, July 24, 2025. Grear brings over 20 years of accounting and finance experience to the organization…
Israel has attacked Houthi targets in three Yemeni ports and a power plant, the Israeli military said early on Monday, marking the first Israeli attack on Yemen in almost a month.The strikes on Hodeidah, Ras Isa and Salif ports, and Ras Qantib…
Consilium Safety Group, a leader in fire, flame, and gas safety solutions, announced that Patrik Andersson will assume the role of Chairman of the Board. Patrik brings experience from senior leadership positions in global companies and will…
Global shipping groups are looking to Brazil's courts to overturn competition rules that bar them from participating in the first round of bidding on a major new container terminal at Latin America's largest port, due to take place later this year…
cut685bdfb8b3c6622a5fe1f2da_Lund Family1SunStone Maritime Group A/S takes next step in previously announced leadership transition.After 35 years as Chief Executive Officer, founder Niels-Erik Lund is retiring as CEO on June 30, 2025. Niels-Erik…
TOTE Group announced the expansion of its leadership team. Alex Hofeling, currently President of TOTE Maritime Alaska, is being promoted to the new role of Chief Commercial Officer (CCO). With this transition, Bill Crawford, who served as Vice President of Commercial…
X-Press Feeders Group, the world’s largest independent common carrier, has signed two agreements with COSCO SHIPPING Lines, one of the world’s largest mainline operators, to expand network coverage, strengthen mainline-feeder coordination and improve service reliability…
Following extensive studies to verify GravityVibe’s feasibility, MacGregor is now engaged in the real-world validation and optimization of its self-unloading system based on in-house testing and customer feedback.Evidence that verifies the advantages…
Adani Ports and Special Economic Zone, India's largest private port operator, plans a return to the domestic bond market after a 17-month hiatus in what could be its largest-ever rupee denominated debt issue, three merchant bankers said on Wednesday…
Israel attacked Yemen's ports of Hodeidah and Salif along the country's Red Sea coast on Friday, the Houthi-run Al Masirah TV said, in an apparent response to the militant group's missile launches against Israel.Al Masirah did not provide further details…
The CMA CGM Group welcomed the arrival of the first Indian flagged containership registered by a major foreign carrier, CMA CGM Vitoria, at Nhava Sheva Free port Terminal on April 28, 2025, in the presence of Honourable Minister of State for Ministry of Ports…
Following French President Emmanuel Macron’s state visit to Egypt, and in the presence of H.E. Kamel El Wazir, Deputy Prime Minister for Industrial Development and Minister ofTransport and Industry, the CMA CGM Group signed a partnership agreement with October Dry Port (ODP)…
