Today, DP World opens three major new sites in Romania, providing a significant boost to the country’s growing status as a key hub of European trade and enabling economic growth throughout the region. Constanta, the largest container port on the Black Sea, is now home to two new facilities following a €65 million investment: a… Read More
DP World is nearing a deal to buy Cargo Services Far East Ltd. from Hong Kong tycoon John Lau, people familiar with the matter said, a move that would give the Dubai port operator a bigger footprint in Asia. The companies are finalizing the details of a transaction that could be announced as early as… Read More
Noatum’s new Türkiye office will primarily serve as a port and liner agency, reinforcing the company’s reach across the Mediterranean region. Port, maritime and logistics services company Noatum has announced the launch of Noatum Maritime’s Türkiye office, adding to its existing Noatum Logistics – East Europe, Türkiye & CIS office in Istanbul. The company said… Read More
Demand and rates stabilised in the first quarter Earnings forecast for 2024 refined Clear focus on costs and implementing Strategy 2030 Hapag-Lloyd concluded the first quarter of 2024 with a Group EBITDA of USD 942 million (EUR 868 million). Compared to the same quarter of the previous year, the Group EBIT decreased to USD 396… Read More
Seanergy Maritime Holdings Corp. (“Seanergy” or the “Company”) (NASDAQ: SHIP), announced today its financial results for the first quarter ended March 31, 2024. The Company also declared a quarterly cash dividend of $0.025 per common share and a special cash dividend of $0.125 per common share for the first quarter of 2024. For the quarter… Read More