Ports & Logistics
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...
HHLA TK Estonia enters grain season with new sustainable handling facilities
(Posted on 05/08/24)HHLA TK Estonia, a subsidiary of Hamburger Hafen und Logistik AG, is ushering in the grain season with innovative and sustainable solutions for bulk handling and warehousing in the Estonian port of Muuga. The company has recently expanded its facilities with the addition of three newly built warehouse sections and significant advancements...
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