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Al Seer Marine, a global leader in marine services, aims to increase its fleet to become the largest in the MEA market Abu Dhabi-based International Holding Company (IHC) subsidiary, Al Seer Marine, is entering into a collaboration agreement with Singapore’s Netbulk Pte Ltd, as part of its global expansion plans. This collaboration is expected to… Read More
Keeping coastal environments safe from erosion is a challenging task that can require more refined approaches than simple seawalls. As climate change heats the world’s oceans, some of Australia’s iconic beaches are at risk of disappearing. Sea levels around the country are rising at a rate of about 35 mm per decade and, with more… Read More
Deputy Governor of Jakarta Ahmad Riza Patria said that the provincial government would disburse fuel subsidy on transportation sector worth Rp4.8 billion for the operational of crossing ships to the Kepulauan Seribu District, North Jakarta. He made the statement while attending the Cash Free Day, a micro, small, and medium enterprises (MSMEs) fair held by… Read More
Maersk Kanoo UAE, the global integrated logistics company, today signed an agreement with Dubai South, the largest single-urban master development focusing on aviation, logistics and real estate, for its new warehousing and distribution (W&D) facility in Dubai. The agreement was signed by Christopher Cook, Managing Director, Maersk UAE and Mohsen Ahmad, CEO of the Logistics… Read More
Maersk has announced the completion of its acquisition of LF Logistics, a Hong Kong-based contract logistics company. LF Logistics offers capabilities within omnichannel fulfilment services, e-commerce, and inland transport in the Asia-Pacific region. As consequence, LF Logistics will be rebranded to Maersk. Following the acquisition, Maersk will add 223 warehouses to the existing portfolio, bringing the… Read More
The US Environmental Protection Agency (EPA) denied a permit on Sept. 1 for a major offshore oil terminal proposed on the Gulf Coast near Corpus Christi, Texas, ruling that the Bluewater Texas terminal would need to reduce its toxic air pollution by about 95%. “We are relieved that EPA listened to the public, came to its… Read More
Untreated sewage pouring into coastal waters around England made the headlines last month, as holidaymakers were warned to stay out of the sea at some of the country’s most popular beaches because of the risks to health from swimming among faeces. In late August, more than 40 pollution warnings were issued at swimming spots across England and… Read More
The Georgia Ports Authority (GPA) has ordered 12 Konecranes RTGs (rubber tire gantry cranes) for the Port of Savannah. When these cranes are working, the Port of Savannah will operate a fleet of 234 Konecranes RTGs. Konecranes booked the order in third quarter 2022, and the cranes will be delivered by the end of 2024. The Port… Read More
As part of its commitment as a global integrator of logistics, A.P Moller – Maersk announced the opening of a new warehouse facility in Cajamar in the state of Sao Paulo, Brazil. Located close to the main economic centres of the southeast region, the 19,400 square meters facility is strategically located near the main markets… Read More
In the past two years, the shipping and ports sector has seen a drastic transformation. Historically, container shipping has been a loss-making venture as overcapacity plagued the industry. For instance, in the decade preceding the pandemic, the operating profit margin for container shipping was -0.2 percent. This has now jumped to 57.4 percent as of… Read More