AD Ports Group: growth in Q2/2023 
AD Ports Group reported a significant 66% YoY revenue increase in Q2/2023, reaching AED 2.1 billion (USD 571 million). The result was driven by a good performance in maritime, ports, and digital clusters, alongside acquisitions. Adjusted for acquisitions, revenue grew by 44%... mehr
HGK Shipping and Salzgitter Group join forces
HGK Shipping and Salzgitter Group have signed a memorandum of understanding (MOU) to enhance sustainable logistics on waterways. The partnership focuses on efficient transport, minimising emissions, and optimising cargo space. Salzgitter Flachstahl and Deumu, subsidiaries of... mehr
NYK: more wind energy to reduce emissions
A new approach for NYK Bulkship (Atlantic): the subsidiary of the NYK Group is planning to implement wind-assisted ship-propulsion on a bulk carrier under a long-term charter contract with Cargill International. With this project, the partners aim to decrease greenhouse gas... mehr
Pursuing growth in the Dominican Republic 
P&O Maritime Logistics has won a contract with DP World in the Dominican Republic to enhance vessel capacity and frequency in the port of Caucedo. The agreement, commencing on 7 December 2023, involves deploying three advanced tugs, including two newbuildings, equipped... mehr
ICTSI’s surging net income
In H1/2023, International Container Terminal Services (ICTSI) achieved a 7% rise in net income to USD 313.8 million. Throughput grew by 9% to 6.28 million teu, mainly due to MNHPI’s contribution and trade improvement. Revenues increased by 10% to USD 1.16 billion, with... mehr
Adani Ports setting sail
Adani Ports, a ports, terminals and logistics group based in India, has announced its results for the first quarter of its current financial year, which began on 1 April 2023. Net profit surged by around 83%, driven by a substantial rise in cargo volume and improved margins due... mehr
Singaporean sustainability
AAL Shipping (AAL) is pushing ahead with its business reporting and to this end recently released its ‘Sustainability Report’ for 2022. In it the shipping line shares elements of its efforts in the environmental, social and governance field (ESG). The report shows up AAL’s... mehr
Thessaloniki and Ashdod bond
The Port Authority of Thessaloniki and Ashdod Port Company, Israel, have inked a new agreement. The new cooperation focuses on innovation, with a particular emphasis on cybersecurity and operational efficiency. At the same time, both parties are planning joint initiatives to... mehr
NAL Maroc Agency in new hands
Following approval by the Moroccan antitrust authorities, Sea & Ports recently completed the full acquisition of NAL Maroc Maritime Agency, of which the Spanish group had already purchased 51% of the shares in 2022. The Sea & Ports Group, headquartered in Madrid, has... mehr
Alles aus einer Hand
Wie DP World sich vom Terminal- und Hafenoperateur zum Architekten der Supply Chain wandelt. Der Trend, möglichst viele Dienstleistungen anbieten zu können, ist bei nahezu allen grossen Transport- und Logistikunternehmen weltweit auszumachen. Die praktische Umsetzung dieser... mehr