Net profit for the six months to June 30 fell to 14.1 million euros ($15.1 million) from 29.1 million euros a year earlier AMSTERDAM: Ferrari Group PLC (FERGR.AS), a specialist logistics provider for the luxury goods industry, reported a fall in first-half net profit, weighed down by a one-off provision linked to an Italian customs investigation….
DUBAI: DP World Marine Services, a leading global provider of shipping solutions, has launched a new direct service for fruit exporters in Colombia and Panama. The service connects four ports in Colombia – Turbo, Santa Marta, Cartagena, and Barranquilla – and the port of Manzanillo in Panama, providing the best coverage for containerised cargo in…
Ecommerce has redefined the traditional bricks and mortar retail model, with online stores no longer being considered a “nice-to-have” and instead a “must-have“. With KPMG reporting that the global retail ecommerce market size was estimated to be US$5.5 trillion in 2022, a clear ecommerce model can create a lucrative alternative revenue stream. As ecommerce continues to…
OSLO, NORWAY: The Board of Wallenius Wilhelmsen ASA has today named Lasse Kristoffersen as CEO. Kristoffersen will start in his new role no later than 1 June 2022. “We are very pleased to welcome Lasse Kristoffersen to Wallenius Wilhelmsen. With his background and experience, we are confident that he, together with our experienced team, will…
OSLO, NORWAY: David Wells, CEO of AqualisBraemar LOC ASA, has announced that he wishes to retire at year-end and step down as CEO of the group. The board of directors has appointed Wells’ co-founder and current COO of AqualisBraemar LOC, Reuben Segal, as new CEO. The CEO change takes effect from 1 January 2022. Further,…
LONDON: Taylor Maritime Investments Limited announced its intention to undertake an initial public offering (IPO) on the London Stock Exchange, by way of an initial institutional placing and offer for subscription for a target issue of 250 million new ordinary shares in aggregate at an initial issue price of US$1.00 per Ordinary Share. The Company…
HERNING: Everfuel A/S announced the signing of a Memorandum of Understanding (MOU) with an undisclosed German-Norwegian shipping company for collaboration on hydrogen supply to a new zero-emission shipping solution. The two parties are exploring a cooperation whereby Everfuel will be responsible for delivery of hydrogen, including planning, installation and operation of an optimized, scalable fueling…
NARVIK: TECO 2030 ASA plans to establish Norway’s first large-scale production of hydrogen-based fuel cells in Narvik in Northern Norway, a news release said. Fuel cells enable ships and other heavy applications to switch from fossil fuels such as heavy oil and diesel to climate-friendly hydrogen, and thereby reduce greenhouse gas emissions from the shipping…
BROOKLYN: Easyship, the leading shipping software for eCommerce, is also now an Accelerate Partner in the Adobe Exchange Partner Program. With Easyship’s full-service shipping solutions, Magento customers will now have ownership of the entire shipping process and be able to increase conversions by gaining access to affordable multi-carrier solutions from around the world. “We’re finding…
Clarkson PLC, often referred to simply as Clarksons, is a provider of shipping services, and is headquartered in London. In 2011, Lloyd’s List described the company’s shipbroking service as the “undisputed heavyweight of the shipbroking market”. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index. Clarkson operations…
ATHENS: Diana Shipping Inc., a global shipping company specializing in the ownership of dry bulk vessels, announced that on June 29, 2020, it signed, through two wholly-owned subsidiaries owning the m/v G. P. Zafirakis and m/v P. S. Palios, a supplemental agreement to the existing secured loan agreement with BNP Paribas, to extend by 2.5…
OSLO: Kongsberg Maritime has won contracts worth approximately 300 MNOK to equip three adventure cruise ships, with a fourth to follow. Built by WestSea Viana Shipyard in Portugal and destined for delivery to Portuguese cruise company Mystic Cruises, the vessels are to be used for expeditions in the polar regions. The 126m, 9,300-tonne luxury craft…