SAAM has announced strong results for its ongoing operations in the third quarter, with revenue of $427 million (+8 per cent) and EBITDA of $137 million (+14 per cent). The...
HHLA witnesses profit increase to $1.20 billion in 9M 2024
Hamburger Hafen und Logistik AG (HHLA) has seen good revenue and profitability growth in the first nine months of 2024. The listed port logistics subgroup’s income increased significantly to €1.15...
ICTSI CEO challenges Maersk in Durban Container Terminal legal dispute
Enrique Razon, CEO of International Container Terminal Services, Inc. (ICTSI), has made a rare public statement condemning Maersk for blocking ICTSI’s deal in Durban Container Terminal (DCT) with state-run Transnet....
DP World Australia grows Oceania logistics reach in $114 million deal
DP World Australia has announced a binding Scheme Implementation Deed to acquire Silk Logistics Holdings Limited in a deal valued at approximately AUS174.5 million ($114.10 million). This acquisition, under a...
Adriatic Gate Container Terminal achieves throughput record
Adriatic Gate Container Terminal (AGCT), International Container Terminal Services, Inc.’s (ICTSI) operation in the Port of Rijeka in Croatia, has registered its highest monthly throughput and highest single vessel exchange....
AD Ports, Pakistan ink trade deals
AD Ports Group has signed four Memoranda of Understanding (MoUs) with the Government of Pakistan to explore transportation opportunities in the maritime, air and rail sectors as well as logistics...
CMA CGM posts quarterly revenue of $16 billion
The CMA CGM Group handled 6 million TEUs in Q3 2024, a 5.5 per cent increase from the same period last year, and recorded a total revenue of $15.8 billion,...
ABP, Viterra unveil £10 million storage facility
Associated British Ports (ABP) and Viterra have announced the development of a new storage facility at the Immingham International Terminal (HIT). The £10 million ($12 million) project will increase existing...
OneStop, Tyne ACFS to continue enhancing Oceania supply chain
OneStop has announced the extension of its collaboration with Tyne ACFS to provide logistics solutions for its New Zealand operations. According to OneStop, this new facility will use modern technology...
Syngenta Crop Protection and Maersk have announced a five-year renewal of their fourth-party logistics (4PL) cooperation. A 4PL provider enhances third-party logistics by managing resources, technology, infrastructure, and other logistics...
Maersk opens its largest distribution centre in Philippines
A.P. Moller-Maersk (Maersk), through Maersk Contract Logistics in the Philippines, has opened its largest distribution centre in the nation to date, a 10-hectare site in Calamba, Laguna. The facility, known...
Maersk unveils first own-licensed bonded warehouse in Vietnam
A.P. Moller–Maersk (Maersk) has opened its first bonded warehouse in Vietnam at SLP Park, Nam Dinh Vu IP, Hai Phong province. The opening ceremony was attended by Lasse Pedersen Hjortshøj,...
