AP Moller – Maersk is splitting Damco in two integrating its supply chain business into Maersk Line with its freight forwarding business remaining under the Damco brand.

Contecon Guayaquil SA (CGSA), the Ecuadorian unit of International Container Terminal Services Inc (ICTSI), has moved beyond just its core operations of moving goods through the port, and has also taken the lead in uniting stakeholders throughout the supply chain of Ecuador’s key commodities exporters.

To a large extent, the maritime sector “dodged the bullet” as the 2018 storm season came to the southeastern US with Hurricane Florence.

Mitsui OSK Lines (MOL) has established MOL Worldwide Logistics Ltd (MWL) in Hong Kong to lead the MOL Group’s non vessel operating common carrier (NVOCC) business.

Joining the start-up and innovation bandwagon, Cargotec has announced it is joining the Trade & Transport Impact programme that connects world leading startups and corporations to address the biggest challenges in maritime, cargo transport and logistics.

Catering to the needs of distributors, manufacturers, shippers and logistics companies, the Abu Dhabi Ports-run Khalifa Industrial Zone Abu Dhabi (KIZAD) has further expanded its product offerings with the launch of new free zone warehouses and Light Industrial Units (LIUs).

Evergreen Group celebrated its 50th Anniversary over the weekend at the Chang Yung-Fa Foundation, home of the charity set up by Evergreen Group founder and chairman YF Chang. In addition to senior executives and employees of the Group’s businesses, the event was also attended by public officials including key ministers, customers and business agents from both the shipping and airline industries as well as representatives of supply chain partners from more than fifty countries.

Cosco Shipping Ports (CSP) warned of a “year full of challenges” in its first half 2018 results, even as it produced good results for the period, with overall throughput rising 27% to 56.7m teu driven by sustained economic growth, increase in trade volume and increased calls from the OCEAN Alliance, as well contributions from its acquisitions and relatively lesser impact from the Sino-US trade frictions.

Marlink has signed an agreement with Transmetrics to establish a strategic business partnership aimed at predictive logistics optimisation for maritime customers.

In December 2018, the new head office of Middle East Fuji, aptly named the Silver Jubilee building, is due to be commissioned, marking the company’s 25 years of presence in the UAE.

Page 4 of 18