Raymond STERN
DP World engages M&A advisors for Jebel Ali Free Zone sale
Dubai-based trade and logistics giant DP World has tapped M&A consultants to help sell a stake in Jebel Ali Free Zone (Jafza) – a...
top of page
Search
Raymond STERN
Jul 14, 2021
Cosco Shipping takes 20% stake in Jeddah terminal operator
Red Sea Gateway Terminal signs separate share purchase agreements with Saudi Arabia’s Public Investment Fund and with Cosco Shipping...
Raymond STERN
Jul 14, 2021
DB SCHENKER & ARAMEX MoU: WE RECOGNISE THE IMMENSE OPPORTUNITIES EMANATING FROM THE MEA REGION
Aramex, a global provider of comprehensive logistics and transportation solutions, and Germany-based DB Schenker, a supply chain...
Raymond STERN
Jul 13, 2021
Cosco, ONE, Yang Ming and Maersk all tipped to order in next great wave of boxship expansion
The stunning amount of boxships ordered so far this year is set to continue with big names such as Cosco, Ocean Network Express (ONE),...
Raymond STERN
Jul 13, 2021
UAE logistic giant Aramex partners DB Schenker to expand in Middle East, Africa
Aramex plans to expand interests beyond freight forwarding Aramex, a leading logistics and transportation solutions, and Germany’s DB...
Raymond STERN
Jul 12, 2021
GOLDMAN SACHS INKS $488M CHINA LOGISTICS JV WITH WARBURG-BACKED NEW EASE
Goldman Sachs is the fourth global investor to team up with mainland logistics developer New Ease this year, as the blue chip investment...
Raymond STERN
Jul 11, 2021
DP World wins London tribunal ruling over Djibouti port dispute
Arbitral tribunal says Djibouti's port company acted unlawfully in terminating agreement with DP World An arbitral tribunal of the London...
Raymond STERN
Jul 8, 2021
Pierre Khoury, Shippeo's Chief Executive Officer and co-founder.
European logistics visibility platform SHIPPEO has grown rapidly over the past 18 months, with acquisitions, funding rounds and 200+%...
Raymond STERN
Jul 7, 2021
DP World acquiring Imperial Logistics for $890m expanding Africa footprint
DP World has announced an offer to acquire South Africa-based Imperial Logistics, an integrated logistics provider with operations mainly...
Raymond STERN
Jul 7, 2021
Microsoft consultants to deliver AI-solution at Khalifa Port
Experts from Microsoft’s internal consulting practice are helping Abu Dhabi Terminals leverage the cutting edge of artificial...
Raymond STERN
Jul 6, 2021
Record high ocean freight rates forces companies to explore new options
Ocean carriers could be in line for profits of $100bn this year and look assured of continued medium term profitability as capacity...
Raymond STERN
Jul 6, 2021
Microsoft to provide artificial intelligence services at Khalifa Port
Khalifa Port Container Terminal is handled and run by Abu Dhabi Terminals. Abu Dhabi Terminals has signed a partnership agreement with...
Raymond STERN
Jul 6, 2021
CEO of DHL Global Forwarding to shippers: expect high freight rates and disruption to last a while
Shippers should expect higher freight rates, long-term – and also not expect much easing in the market until Chinese New Year 2022 and...
Raymond STERN
Jul 4, 2021
Carrier's yearly profits are expected to approach $100 billion in 2021 for the first time in history
Box shipping lines' yearly profits are expected to approach US$100 billion in 2021 for the first time in the history of container...
Raymond STERN
Jul 4, 2021
Chittagong shippers seek direct vessels towards US/Europe to clear export backlog
In the face of a prolonged crisis in sending export cargoes, Bangladeshi shippers have decided to persuade larger vessel owners to...
Raymond STERN
Jul 4, 2021
Bolloré Ports launches “Green Terminal” initiative
The global port operator, Bolloré Ports has launched the "Green Terminal" certification process, which aims to reduce the carbon...
Raymond STERN
Jul 3, 2021
Logistics sector key to coronavirus recovery efforts: Agility Abu Dhabi CEO
The Abu Dhabi-based entity hosted celebration of the logistics community in event prior to completion of sale to Danish company DSV...
Raymond STERN
Jul 3, 2021
Maersk bans Iranian-owned containers from its vessels
Maersk has announced it will not accept any Iranian-owned containers on its vessels from now on, applying potential fines and penalties...
Raymond STERN
Jul 1, 2021
What’s Causing The Container Ship Traffic Jam Clogging Up Global Trade
Around the world, some major ports are experiencing a huge influx of containers, resulting in long supply delays. Trade wars, high...
Raymond STERN
Jul 1, 2021
CMA CGM buys major Spanish rail operator for €25 million
CMA CGM Group has announced the acquisition of Continental Rail, a private rail operator in Spain, for €25 million (US$29.5 million). The...
bottom of page