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Longship takes 50% stake in Wagle Chartering

glory 11-11-2020 21:56 Area News
The Netherlands-based shortsea carrier Longship Group BV has acquired 50 per cent of Wagle Chartering AS, a Norway-based shipbroker. This acquisition is said to be in line with Longship’s strategy to enhance its position...
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Economou sells Heidmar tanker pool to Khanna

glory 11-11-2020 19:06 Area News
Tanker pooling and commercial management company Heidmar has been acquired by its CEO Pankaj Khanna from Greek billionaire shipowner George Economou. As informed, Khanna has acquired 100% of the shares of Heidmar and...
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Pangaea takes additional stake in Nordic Bulk Holding

glory 29-09-2020 17:01 Area News
US-based provider of maritime logistics and transportation solutions Pangaea Logistics Solutions has acquired an additional one-third equity interest in its partially-owned consolidated subsidiary Nordic Bulk Holding...
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Abu Dhabi Ports expands logistics reach with MICCO acquisition

glory 29-09-2020 15:47 Area News
UAE-based port operator Abu Dhabi Ports, part of ADQ, has acquired MICCO Logistics, a local freight forwarder, becoming a fully integrated supply chain logistics provider. MICCO will be integrated into Abu Dhabi Ports...
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OSM to acquire SeaTeam from Frontline, Golden Ocean

glory 21-09-2020 16:40 Area News
Norwegian maritime services provider OSM Maritime (OSM) revealed that it is in final negotiations to acquire SeaTeam Management from shipping companies Frontline and Golden Ocean Group Limited after reaching a preliminary...
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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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