Ports & Logistics
New dredger arrives on the Tees
(Posted on 27/08/24)The Emerald Duchess has proudly made its arrival to the River Tees.The £23m dredger, a major investment by PD Ports into the economic and environmental sustainability of the river, made its way on to the Tees early this morning 26/08/2024 under tow, fresh from successful sea trials in the Netherlands.At 71m long and with its...
Noatum enters Egypt’s maritime market with acquisition of Safina
(Posted on 18/08/24)Noatum, an AD Ports Group company, has announced the acquisition of a majority stake in Safina B.V., a leading provider of maritime agency and cargo services in Egypt and across the Middle East region. The deal is expected to close in Q3 2024.The acquisition by Noatum Maritime marks a significant milestone in its strategic growth...
ABP announces new Humber leader
(Posted on 16/08/24)Associated British Ports (ABP), the UK’s largest and leading ports operator, is delighted to announce the appointment of Andrew Dawes to the position of Regional Director, Humber to succeed Simon Bird when he leaves ABP at the end of October. Andrew will be part of the Executive team and will report directly to Henrik L. Pedersen...
Logistec appoints Patrick Burgoyne as Chief Strategy Officer to drive growth plan
(Posted on 14/08/24)LOGISTEC, a leading North American marine and environmental services provider, has announce the appointment of Patrick Burgoyne as Chief Strategy Officer. Mr. Burgoyne brings his global perspective and in-depth logistics knowledge to LOGISTEC and will further accelerate the company’s growth of marine services throughout North...
CN asks Canadian Government to order binding arbitration in labour dispute
(Posted on 13/08/24)Following the Canada Industrial Relations Board’s (CIRB) decision that does not bring the labour conflict any closer to a resolution, CN is formally requesting the Minister of Labour’s intervention under section 107 of the Canada Labour Code to protect Canada’s economy from the impacts of prolonged uncertainty....
AD Ports Group delivers impressive Q2 YoY increases
(Posted on 13/08/24)Driven by organic growth in the Ports, Logistics and Digital Clusters, and by the acquisitions of Noatum and GFS on the inorganic front, AD Ports Group revenue has more than doubled Year-on-Year (YoY) to AED 4.18 billion in Q2 2024.EBITDA soared 56% YoY to AED 1.07 billion in Q2 2024, +8% YoY on a LFL basis and there was a +6% YoY...
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