AD Ports Group and Oylz Terminals to develop petroleum storage facility at Khalifa Port
AD Ports Group, one of the leading facilitators of global trade, logistics, and industry, has signed a 50-year agreement with UAE-based Oylz Terminals to establish a world-class clean petroleum storage facility at Khalifa Port. The project will be developed in two phases, featuring a state-of-the-art 600,000 cbm tank storage facility within the Khalifa Port Logistics […]
SC Ports completes $55 million expansion at Inland Port Greer
South Carolina Ports has completed a US$55 million expansion at Inland Port Greer, enhancing the state’s intermodal connectivity between the Port of Charleston and inland markets. The upgrades include a larger container yard—boosting cargo capacity by 50%-9,000 feet of additional rail for handling longer trains, an expanded chassis lot, and new terminal operations and maintenance […]
10 Advertising Trends to Watch in 2025
Digital advertising is the engine of modern marketing. Global ad spending is projected to reach $798.7 billion in 2025. Such massive spending brings with it great responsibility and the looming need for advanced media strategies. As companies prepare for explosive changes in the advertising industry, full-cycle marketing agency mr.Booster: https://mrbooster.com/ is changing the way brands […]
Maersk appoints new Area Managing Director/President for Canada
A.P. Moller – Maersk (Maersk), a leading integrated logistics company, announced the appointment of Michelle Grose as the new Area Managing Director/President for Canada, effective 1 April 2025. She will be based in Toronto. Originally from the Greater Toronto Area (GTA), Grose brings over 20 years of industry experience, having held key supply chain leadership […]
Burmester & Vogel expands with Laysoft acquisition
Boston-based maritime technology company Burmester & Vogel (B&V) has acquired Windows-based laytime calculation software Laysoft for an undisclosed amount. Founded by technology entrepreneur Kingston Duffie, Laysoft, also known as Laytime2000, has gained more than 200 active users in the dry bulk market over the past two decades, notably in the grain and mining segments. B&V […]
Thoresen Thai adds to bulker fleet
Thoresen Thai Agencies has bolstered its dry bulk fleet with a supramax purchase on the secondhand market. The Bangkok-based listed owner said in a filing it had acquired an unnamed 2012-built 56,104 dwt unit without disclosing further details. S&P sources suggest the company snapped up Shunzan Kaiun’s Pacific Infinity for around $16.85m. Thoresen last bought […]
Market Analysis: Understanding Intrinsic Value
UK financial markets experience significant volatility, with FTSE 100 companies averaging 1.7% daily price fluctuations in 2023. This volatility often creates disconnects between market prices and fundamental worth, with 43% of listed companies trading at least 15% away from analyst consensus valuations. Intrinsic value calculations—assessing factors like cash flow, growth potential, and competitive position—provide investors […]
Saguenay Port’s first order brings electric Konecranes harbor crane to Canada
The Saguenay Port Authority in Quebec has placed an order for a Konecranes Gottwald ESP.6B Mobile Harbor Crane as part of a new cargo-handling system currently under development. The order was confirmed in the first quarter of 2025, with delivery scheduled for the third quarter of the same year. Located on North America’s only navigable […]
Ingka, Oxan, and Avapa to develop two floating wind farms off Italy
IKEA owner Ingka Investments and French offshore wind developer Oxan Energy have partnered with Avapa Energy on two floating offshore wind development projects in Italy. The projects have the potential to reach a total installed capacity of 2.45GW. The two offshore wind projects will be named Sicily South and Sardinia Northwest. The Sicily South offshore […]
Europe’s Trade Struggles: Tariffs, Geopolitical Tensions, and Shipping Disruptions
The global economy is becoming more fragmented and unpredictable, fuelled by escalating geopolitical tensions. Trump’s intention to increase tariffs on European goods by 10-20% could significantly heighten trade expenses between the European Union and the United States. A recent report from Economist Impact highlights a shift in global trade from a rules-based system to one […]