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Higher volumes at Port of Durban

Predictions as to how last year would end for the port of Durban proved reasonably accurate (Network, January 16). Containerised cargo, which always attracts the most attenti...

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Hundreds of containers carried weekly (EADT)

A new rail freight service connecting the Port of Felixstowe with the Birch Coppice terminal in the Midlands has been launched by GB Railfreight.

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MOL announces restructuring measures

Mitsui O.S.K. Lines, Ltd. (MOL; President & CEO: Junichiro Ikeda) today (Jan. 31) announced that it will restructure the organization effective April 1, 2019, as follows:...

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Hyundai Seeks to Take Over DSME, Inks Conditional Deal with KDB

The world’s largest shipbuilder Hyundai Heavy Industries Corporation has set sights on acquiring a major stake in compatriot Daewoo Shipbuilding and Marine Engineering (DSME). Leia mais »

Norwegian Pension Company Excludes NAT from Its Investments

Norway’s largest pension company Kommunal Landspensjonskasse (KLP) has decided to exclude Bermuda-based shipping company Nordic American Tankers (NAT) from its investments due to NAT...

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Gefco postpones IPO

Attempts to reduce RZD’s 75% stake in logistics company to below 50% and dilute PSA Group’s 25% shareholding shelved again. European logistics company Gefco has postponed its initial pu...

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Freight firms ramp up Brexit recruitment efforts

Companies highlight the challenge of having to hire customs staff to prepare for a no-deal UK exit, roles they may no longer need if a last-minute deal is made. Freight firms are intensifyi...

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HMM and PSA take control of Busan Port

On January 30, 2019, HMM announced that it held a signing ceremony for the ‘PSA-Hyundai Pusan New Port (PHPNT) Pier 4’ sales contract.

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