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Ocean News

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76-90 of 801 results
Kerry Logistics acquires majority stake in US firm Apex Maritime
By LBR Staff Writer
Kerry Logistics Network has completed the acquisition of a majority interest in US-based Apex Maritime and its affiliated companies.
Freight > Ocean > News
DHL introduces new Ocean Thermonet freight solution
By LBR Staff Writer
DHL Global Forwarding has introduced a new freight product, Ocean Thermonet, to meet the needs of the life sciences and healthcare sector.
Freight > Ocean > News
DP World Yarimca opens for business
By LBR Staff Writer
DP World Yarimca has been officially opened for business by the President of the Republic of Turkey, Recep Tayyip Erdoğan in the presence of senior government officials and executives of DP World.
Freight > Ocean > News
Germany’s Hapag-Lloyd and five Asian carriers create new shipping alliance
By LBR Staff Writer
Hanjin, Hapag-Lloyd, “K”Line, Mitsui O.S.K. Lines, Nippon Yusen Kaisha and Yang Ming have signed a binding agreement to create a new alliance covering all All East-West trade lanes.
Freight > Ocean > News
Cosco Pacific buys 35% stake in Dutch container terminal
By LBR Staff Writer
Cosco Pacific’s subsidiary Cosco Ports (Rotterdam) (CPR) has acquired a 35% stake in Euromax Terminal Rotterdam from Europe Container Terminals (ECT).
Freight > Ocean > News
Lotte to buy controlling interest in Hyundai Logistics for $350m
By LBR Staff Writer
South Korea-based Lotte Group has agreed to buy a controlling interest in Hyundai Logistics for around KRW410bn ($350m).
Freight > Ocean > News
CMA CGM wins European Commission approval for Neptune Orient Lines acquisition
By LBR Staff Writer
French container transportation and shipping firm CMA CGM has secured approval from the European Commission (EC) for its $2.4bn acquisition of Singapore-based global container shipping company Neptune Orient Lines (NOL).
Freight > Ocean > News
DP World wins Limassol port concessions in Cyprus
By LBR Staff Writer
DP World has signed two separate concession agreements with the Government of the Republic of Cyprus for the commercialization of activities within Limassol port.
Freight > Ocean > News
CMA CGM, COSCO Container Lines, Evergreen Line and Orient Overseas Container Line to establish ocean alliance
By LBR Staff Writer
CMA CGM, COSCO Container Lines, Evergreen Line and Orient Overseas Container Line today signed a Memorandum of Understanding to form a new Alliance enabling each of them to offer competitive products and comprehensive service networks covering the Asia-Europe, Asia-Mediterranean, Asia-Red Sea, Asia-Middle East, Trans-Pacific, Asia-North America East Coast, and Trans-Atlantic trades.
Freight > Ocean > News
Deutsche Bank to divest New Jersey container terminal unit
By LBR Staff Writer
Deutsche Bank has entered into an agreement to sell Maher Terminals USA to Macquarie Infrastructure Partners III (MIP III), a fund managed by Macquarie Infrastructure and Real Assets (MIRA).
Freight > Ocean > News
Houston first port of call for Asian service
By LBR Staff Writer
In anticipation of increased opportunities for inbound consumer goods and outbound industrial commodities, Maersk Line and Mediterranean Shipping have joined forces to operate a new direct all-water container service between the U.S Gulf and Asia.
Freight > Ocean > News
APM Terminals to develop EUR758m transshipment terminal in Tangier, Morocco
By LBR Staff Writer
APM Terminals has unveiled plans to develop a new container transshipment terminal at port city Tangier in Morocco, with an investment of around €758m.
Freight > Ocean > News
Brookfield and Qube consortium to acquire port and rail logistics firm Asciano
By LBR Staff Writer
A joint consortium, including Brookfield Infrastructure and Qube Holdings, have agreed to acquire Australia-based port and rail logistics company Asciano, which has an enterprise value of A$12bn ($8.9bn).
Freight > Ocean > News
DHL introduces new green service
By LBR Staff Writer
DHL Global Forwarding, the air and ocean freight specialist within Deutsche Post DHL Group, is the first forwarder in the industry to launch a new green service that allows customers to opt for carbon efficient ocean freight, which best fits their transport needs.
Freight > Ocean > News
Forth Ports to acquire 152 acres of land to expand Port of Tilbury in UK
By LBR Staff Writer
UK-based port operator Forth Ports has agreed to acquire 152 acres of land to expand the operations of the Port of Tilbury in Essex.
Freight > Ocean > News
76-90 of 801 results