If only to exploit its unique location at the mouth of the Red Sea, Saudi Arabia, under a new liberal and progressive regime, is making a concerted effort to be a logistics hub for three continents – Asia, Europe and Africa.
Fujian-based container logistics service provider Antong Holding plans to purchase 100% equity of Guangxi Changrong Shipping Company.
Lamprell and Royal Boskalis Westminster consortium have been selected under Saudi Aramco's Long Term Agreement (LTA) facilities programme.
As CMA CGM makes a public tender for outstanding shares in CEVA Logistics it does not own, it was announced the Swiss headquartered firm will acquire CMA CGM Log, and Nicolas Sartini would join as deputy ceo from APL.
Cold chain logistics add a whole level of complexity to multi-modal freight transport with the transport of meat products across continents and oceans to meet consumer demands across the globe.
Asian shipping and logistics executives are not overly concerned about the impact of the US and China trade war and see a shift in trade patterns.
CMA CGM and its 33% owned CEVA Logistics have widened their cooperation by entering into a reinforced industrial project.