Agility, a leading global logistics provider, has acquired a two-storey warehouse close to Changi International Airport, giving it more than 600,000 sq ft of warehouse space in total in Singapore.
Dubai-based global marine terminal operator DP World has announced strong financial results from its global portfolio for the 12 months ending 31 December 2016, which saw the company achieve net income of over $1 billion for the first time. On a reported basis, revenue grew 4.9 per cent and adjusted Ebitda ($2.263 billion) increased 17.
Global container shipping consortium ‘The Alliance’ has announced that all of its mainline UK calls will be handled by DP World, the Dubai-based global ports and logistics services company.
The small to mid-range luxury boats market is the lifeblood of the marine industry keeping the market afloat with 80 per cent of revenue coming from them through sales and maintenance, said industry experts.
APM Terminals Bahrain, the operator of Khalifa Bin Salman Port (KBSP) in Hidd region of the Kingdom of Bahrain, has adopted the global total productive maintenance (TPM) programme, with an aim to achieve a fully-efficient, zero-breakdown port.
Bahri Dry Bulk Company (BDB), a subsidiary of the Bahri Group, the national shipping arm of Saudi Arabia, and Koninklijke Bunge, a wholly-owned subsidiary of global agribusiness and food company Bunge Limited, have signed definitive agreements forming a joint venture to establish a leading ocean freight supplier for dry bulk import and export flows