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Malaysian national shipowner MISC is jettisoning its logistics business  which contributes only about 4% to revenue in a bid to consolidate its operations.

Maersk Line's logistics arm Damco, is considering investing in a cold storage facility in Indonesia if the government follows through with its plan to open the business to foreigners and map out a clearer plan on its ambition to become a global maritime hub, local reports said.

Expanding in Africa DP World has been granted a concession to develop and operate a new $35m logistics complex in Rwanda.

APM Terminals has opened a 53,000 sq m expansion of the Aqaba Logistics Village (ALV) at Jordan’s growing hub port, with local Jordanian partner Kawar Group.

Wärtsilä is equipping a new icebreaking Polar logistics vessel being built at Chantiers Piriou shipyard in France with main engines, exhaust treatment systems and thrusters.

Air express company UPS announced a new £120m ($184m) 32,000 sq m package sorting and delivery facility at the DP World London Gateway logistics park.

Dubai-based Gulf Navigation has signed with Middle East natural gas firm Dana Gas to provide logistic, transportation, marine, and crew handling services for the Zora Gas Field project, 30km off Sharjah.

Qatar Navigation (Milaha) reported a 17% increase in net profit in the first nine months of the year with improved performance from all units, except its investment portfolio.

Liner giant Maersk Line may try to push the limits in Indonesia, leveraging on the current positive environment to improve the logistics sector, with plans announced to invest $3bn over the next five years in expanding its logistics business in the country.

Indonesia has its sights set on creating two free trade zones that will become one of Southeast Asia's biggest logistics zones and rival Singapore, local reports said.

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