Sea

Revenue up, profit down at DP World

DP World’s revenue for the year ended 31 December 2024 grew by 9.7% to $20.0 billion and adjusted EBITDA earnings rose 6.7% to $5.5 billion. Revenue growth was mainly due to improved performance from ports and terminals and contributions from new acquisitions and concessions. Ports and terminals revenue per TEU increased 13.9% on a like-for-like basis with strong growth from the Middle East and Americas. Profit for the year decreased ... [+]

ONE’s intra Europe services are fastest growing

Japanese container consortium Ocean Network Express (ONE) says its intra-European services have achieved the highest capacity and market share growth of any carrier over the past 12 months, according to the latest data from Alphaliner. In the past year, the company increased its market share ... [+]

London Gateway gains fast track planning for another ten years

Thurrock Council has approved a new ten-year Local Development Order (LDO) to enable continued expansion and job creation at DP World’s London Gateway Logistics Park. The LDO streamlines planning processes for new construction projects, which are all built to a BREEAM ‘Outstanding’ classification as standard. ... [+]

Port of Tyne appoints innovation leader

The Port of Tyne has appointed Elaine Scott as innovation partnerships manager. She brings a wealth of experience from her time at Space North East England, where she led the development of the region’s Space sector and in her new role will focus on the ... [+]

Trains and magnets take the strain in Portbury

GB Railfreight has moving imported steel slab from the Port of Bristol at Portbury to Tata Steel UK in Port Talbot, South Wales. GBRf will run this service until the end of 2027 when Tata Steel’s new three million tonne-per-year Electric Arc Furnace is due to ... [+]

Grangemouth feeder ship collides with tanker – Russian captain arrested

A containership en route from Grangemouth to Rotterdam has collided with an products tanker carrying aviation fuel off the East Yorkshire coast near Withernsea, leaving both vessels ablaze at about 09.48, Monday 10 March. One cargo crew member from the containership is still unaccounted for and ... [+]

Wales and Ireland to discuss port resilience

Welsh Cabinet Secretary for Transport and North Wales Ken Skates is to meet Irish Minister for transport and ports, Sean Canney on 7 March. They will discuss the remit of the taskforce to ensure Welsh ports meet the future needs of both nations, following the ... [+]

CMA CGM moves to bolster US presence

CMA CGM Group is to make a $20 billion investment in its US and Americas network over the next four years. The Group, which has had a presence in the US for 35 years and is owner of the US-flagged carrier American President Lines (APL), ... [+]

ABP plans to build UK’s largest floating solar scheme in Barrow

Associated British Ports (ABP) has submitted a planning application for the UK’s largest floating solar project in Barrow, Cumbria. The Barrow EnergyDock project will produce green energy mainly for the region’s advanced engineering sector, as well as better controlling the cost of electricity at the port. ... [+]

Logistics UK welcomes Scotland/Europe ferry plans

Logistics UK has welcomed reports that a ferry service between Scotland and France could be restarted, possibly as early as 2025. Head of trade and devolved policy, Nichola Mallon said a new direct sailing would increase freight connectivity and expand route options for exports to ... [+]

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