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COSCO Shipping Ports eyes stake in Guangxi Beibu Gulf Terminal

glory 16-09-2020 14:40 Area News
Port operator COSCO Shipping Ports Limited revealed plans to buy into Guangxi Beibu Gulf Terminal, a container terminal in China. As informed, China Shipping Terminal Development (CSTD), a subsidiary of COSCO Shipping...
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Maersk wraps up KGH Customs Services acquisition

glory 02-09-2020 14:44 Area News
Danish shipping giant A.P. Moller – Maersk has completed the acquisition of KGH Customs Services, a pan-European customs services specialist, further strengthening its capabilities as an integrated container logistics...
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DP World’s Unifeeder buys three Transworld Group businesses

glory 19-08-2020 20:57 Area News
Denmark-based shortsea operator Unifeeder A/S, part of Dubai-based port and terminal operator DP World, has unveiled the acquisition of three businesses of Transworld Group. The deal, subject to regulatory approvals,...
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APM Terminals buys ALC’s container terminal in Aarhus

glory 11-08-2020 16:01 Area News
Terminal operator APM Terminals, part of Denmark’s Maersk Group, has decided to acquire a container terminal in Aarhus from local logistics company Aarhus Logistics Center (ALC). As informed, the neighboring APM...
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DP World reports slight decline in container volumes, unveils Unico Logistics acquisition

glory 27-07-2020 19:25 Area News
Dubai-based port and terminal operator DP World recorded a slight decrease in container throughput in the first half of 2020, despite negative COVID-19 effects. DP World handled 33.9 million TEU across its global...
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Adani Ports joins Science Based Targets Initiative, gets green light for KPCL acquisition

glory 24-07-2020 14:39 Area News
India’s port developer and operator Adani Port and Special Economic Zone Limited (APSEZ) has signed up for the Science Based Targets initiative (SBTi) and received clearance from India for the Krishnapatnam Port acquisition...
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Seaspan splashes $146 million on boxship acquisition

glory 24-07-2020 13:45 Area News
Containership owner and operator Seaspan Corporation, a wholly-owned subsidiary of Atlas Corp., revealed it was spending approximately $146 million in cash on the purchase of two 13,000 TEU containerships. As...
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Ardmore turns down Hafnia’s acquisition proposal

glory 07-07-2020 13:47 Area News
Tanker owner and operator Ardmore Shipping Corporation has declined an acquisition proposal from Hafnia Limited, saying that the offer substantially undervalued Ardmore. Established ten years ago, Ardmore owns and...
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Maersk to acquire Swedish customs service specialist

glory 06-07-2020 14:38 Area News
A.P. Moller – Maersk has reached an agreement with Bridgepoint Development Capital to acquire KGH Customs Services (KGH), a Sweden-based specialist in trade and customs management services in Europe. The move is aimed...
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Kongsberg Digital acquires Denmark’s maritime software firm

glory 02-07-2020 15:23 Area News
Kongsberg Digital, part of Norway’s Kongsberg Group, has acquired Coach Solutions, a Denmark-based supplier of software solutions for vessel performance and monitoring. The new name of the company will be Kongsberg Coach...
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