Businesscafe - Xeneta, the leading ocean and air freight rate benchmarking and market analytics platform, today announced an $80 million investment at a $265 million valuation led by funds advised by Apax Digital, the growth equity arm of Apax, a leading global private equity advisory firm, with participation from NY-based Lugard Road Capital.
Businesscafe - Etihad Cargo, the cargo and logistics arm of Etihad Aviation Group, will reinforce its commitment to the China market with the introduction of an additional 30 tonnes of belly capacity via two new weekly direct passenger flights to Guangzhou from 10 October, subject to regulatory approvals.
Businesscafe - Colombo International Container Terminals (CICT) has been crowned the Best Container Terminal in Asia in the Under 4 million TEUs category for the sixth consecutive year, in just seven full years since it commenced full operations in mid-2014.
Businesscafe - In a bold move to further improve the standards of the maritime and shipping industry in Sri Lanka, Sri Lanka Associationof NVOCC Agents (SLANA) has signed a key initiative signifies the two organisations’ commitment toworking towards advancing the future of the industry by creating a younger, more inclusive, and collaborative professional atmosphere that allows young maritime professionals to actively participate in the industry early on in their careers by providing a range of professional hand-on experience and training opportunities.
Businesscafe - NAVTOR and ScanReach have announced a partnership that will allow shipowners and operators to maximise the potential of onboard data, creating a simple, integrated solution to capture, aggregate and analyse system information for enhanced decision making.
Businesscafe - VPS-owned Yxney Maritime has launched its CORE emissions tracking software aimed at enabling low-carbon shipping players to reach their green goals and gain a competitive edge amid growing market and regulatory pressure, with Solstad Offshore and Siem Offshore taking the lead.
Businesscafe - Vestdavit has lifted the bar in boat handling systems by developing an innovative heavy-duty davit for larger offshore wind workboats to be delivered for a pioneering green-fuelled service operation vessel (SOV) newbuild as part of a multiple davit contract with Esvagt.
Businesscafe - The first order for 16 machines, each with a power output of over 4 MW, will be installed as permanent magnet shaft generators (PMSGs) for dry cargo container vessels.
Businesscafe - Six years after he began operating a Mega Gantry Quay Crane at the South Terminal of the Port of Colombo, Chathuranga Pushpakumara was adjudged the champion quay crane operator at Colombo International Container Terminals (CICT), winning the first competition of its kind in South Asia.
Businesscafe - The SafeNav (Safer Navigation) maritime safety project, co-funded by the European Commission and UK Research and Innovation (UKRI), was officially launched on Thursday 1 September.
Businesscafe - Iridium Communications Inc. (Nasdaq: IRDM) today announced that Jan De Nul Group, a leading maritime construction and civil engineering company, has become the latest fleet to select Iridium’s Global Maritime Distress and Safety System (GMDSS) solution.
