Stena Line targets efficiency with cargo capacity upgrades
Stena Line will add an additional cargo deck to two of its vessels to expand their cargo capacity by 30% …
DP World acquires Savannakhet dry port in Laos
Dubai-based port and logistics company DP World has added another port to its portfolio with its acquisition of Savan Logistics, …
Saudi Arabia launches bid for region’s largest shipyard
Saudi Arabia's government has revealed its intention to attract the world’s biggest players in ship building and bulk carrying to …
Shipping mostly settles into new normal avoiding the Red Sea
The shipping industry has settled into a new normal with routes avoiding the Red Sea according to industry experts, despite …
Maersk sees steady first quarter amid Red Sea crisis
A P Moller–Maersk has reported earnings in line with its expectations for the first quarter of 2024 amid the ongoing …
Baltimore bridge collapse recovery team set removal date
Officials involved in the clear up of the bridge collapse at Baltimore Port in the US have said the vessel …
GlobalData reveals Europe’s top M&A financial advisers in Q1 2024
UBS and Rothschild & Co were the top mergers and acquisitions (M&A) financial advisers in Europe for the first quarter of 2024, according …
Turning the tide on whale ship strikes
Ship strikes are a leading cause of death for whales, with an estimated 20,000 killed by collisions annually. This is …
Exclusive: ACEL Group selects The Switch drives for offshore vessel upgrade
Norwegian vessel lifecycle management provider ACEL Group has chosen Finnish power electronics specialist The Switch, part of the BEMAC Group, …
Top M&A legal advisers in Q1 revealed by GlobalData
Goodwin Procter and CMS were the top mergers and acquisitions (M&A) legal advisers in Europe for Q1 by value and …
In conversation: Dexory CEO on how digital twins and automation are helping logistics companies
With global supply chains becoming increasingly complex for logistics firms to navigate, robotics and data intelligence company Dexory is providing …
Nigeria secures $600m from Maersk for port development
Danish shipping giant AP Moller-Maersk has agreed to invest $600m in Nigeria’s port expansion and improvement project. The company’s chair, Robert Maersk …
US troops begin construction of Gaza aid pier
The US military has begun constructing a temporary pier to facilitate humanitarian aid into the famine-struck Gaza Strip, the US …
Royal Caribbean ups 2024 outlook after “strongest WAVE season” ever
The Royal Caribbean Group has increased its outlook for 2024 after recording better than expected results for the first quarter …
“A bumpy ride” for cybersecurity as AI poses new threats – GlobalData report
AI-led attacks mean that the cybersecurity sector is in for “a bumpy ride for the next two to three years”, …