Project Logistics News

StorageVault Completes Purchase of Two GTA Storage Assets for $8.2 Million
Canada >> 7/28/2021 - STORAGEVAULT CANADA INC. is pleased to announce that, further to its March 3, 2021 (all transactions from this news release are now closed) and July 8, 2021 news releases, it has completed the acquisi...
Maersk Changes Logistics Landscape in Bulgaria
Bulgaria >> 7/22/2021 - Sofia, Cargo transport in Bulgaria is highly dominated by road. In the mid-2000s, railways remained a major mode of freight transportation, but with increasing problems with the maintenance of the inf...
XPO Logistics Board of Directors Approves Separation of GXO Logistics
United States >> 7/13/2021 - XPO Logistics, Inc. announced that its board of directors approved the previously announced separation of its logistics segment through the distribution of all of the outstanding shares of common stoc...
DP World Broadens Logistics Reach in Africa with Acquisition of Imperial Logistics
South Africa >> 7/8/2021 - The acquisition of Imperial will help DP World to build better and more efficient supply chains for the owners of cargo, especially in Africa. Imperial’s operations are complementary to our network of...
Oiltanking Signs LOI with ReGen III about Development & Operation of Logistics Assets
United States >> 7/7/2021 - Oiltanking North America, LLC (“Oiltanking”) is pleased to announce it has entered into a non-binding Letter of Intent (LOI) with ReGen III Corp. (ReGen III) to develop and operate logistics for ReGen...
Maersk SA and King Abdullah Port to Establish Maersk’s First Petrochemical Hub in the Kingdom
Saudi Arabia >> 6/30/2021 - Maersk Saudi Arabia, an integrator of container logistics, has entered into a strategic partnership with King Abdullah Port, the region’s first privately owned, developed and operated port, to enhance...
SMG Industries Announces Terminal Expansion and New Business Unit in Houston
United States >> 6/30/2021 - SMG Industries, Inc., a growth-oriented transportation services company focused on the domestic infrastructure logistics market, announced that it has created a new wholly-owned subsidiary, 5J Transpo...
Bestseller Secures Carbon-Neutral Ocean Transport through New Partnership with Maersk
Denmark >> 6/29/2021 - A.P. Moller - Maersk announced the signing of a fully carbon-neutral transport agreement on ocean services with BESTSELLER. The open-ended agreement on lifestyle logistics covers all of BESTSELLERs gl...
Crowley & University of North Florida to Establish Center for Transportation & Logistics
United States >> 6/24/2021 - Crowley Maritime Corporation and the University of North Florida (UNF) today announced that Crowley has donated $2.5 million as an endowment gift for the creation and operation of a new center of exce...
Crowley Takes Delivery of Second ATB Dedicated to Alaska Fuels Service
United States >> 6/24/2021 - Crowley recently took delivery of its new 55,000-barrel, articulated tug-barge (ATB), the Aurora/Qamun.

The 410-foot vessel is the se...
MOL to Establish MOL Logistics (Tank Containers)
Japan >> 6/23/2021 - Mitsui O.S.K. Lines, Ltd. (MOL) announced that MOL, Nippon Concept Corporation (NCC; President: Takayoshi Matsumoto; Headquarters: Chiyoda-ku, Tokyo), and MOL Logistics Co., Ltd. (MLG; President: Shuh...
SOHAR Port and Freezone Ink Strategic MoU with Brazilian Port of Pecém
Brazil >> 6/20/2021 - SOHAR Port and Freezone have signed a Memorandum of Understanding with the Port of Pecém in Ceará, one of Brazil’s top ten major ports. The agreement will allow the entities to collaboratively advance...
Peterson Awarded TAQA Contract
Norway >> 6/18/2021 - International energy logistics provider Peterson has announced a contract award from client TAQA. The five-year contract will see Peterson continue to deliver integrated logistics services to support ...
TradeLens Digital Shipping Platform Adoption Grows in China
China >> 6/17/2021 - Within a month of announcing general availability of the TradeLens platform in China, more than 10 new members have joined the ecosystem to digitize paper-based processes and improve the visibility fo...
Fincantieri & MSC Celebrate Start of Construction of “Explora I”
Italy >> 6/11/2021 - The first steel of “Explora I”, the first of four new-concept luxury cruise ships that Fincantieri is building for Explora Journeys, the new luxury brand of the cruises division of MSC Group, was cut ...
Meridian Enters into Energy Logistics Agreement with Savage
United States >> 6/3/2021 - Meridian Energy Group, Inc. has announced the execution of a memorandum of understanding (MOU) with global transportation and logistics provider Savage, covering the provision of comprehensive rail lo...
RadiciGroup and Versalis Committed to Sustainable Logistics
Italy >> 5/24/2021 - Lower CO2 emissions, energy saving and greater safety: these are the key objectives of the new railway siding constructed on the Versalis plant site in Mantua and put into service a few weeks ago to t...
Kalmar & Tropical Strengthen Relationship with New Order for Reachstackers
United States >> 5/24/2021 - Kalmar, part of Cargotec, has concluded agreements to supply American cargo and logistics operator Tropical Shipping with two Kalmar Gloria reachstackers and three Kalmar diesel-electric straddle carr...
Zeebrugge LNG Terminal to Build 4 Additional Truck Loading Bays
Belgium >> 5/20/2021 - A total of 4 additional truck loading bays will be built at the Zeebrugge LNG terminal to continue supporting the freight transport sector in its switch to liquefied natural gas (LNG) as low emission ...
ASCO Contract Win Plays Part in SNS Development
United Kingdom >> 5/17/2021 - Global integrated logistics and materials management company, ASCO, has been contracted to provide logistics and supply base services for Phase One of a major development project in the Southern North...

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