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Maersk appoints new MD for UK & Ireland

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Christopher Cook, currently Managing Director of Maersk’s India, Bangladesh & Sri Lanka (IBS) Area, will take over as the new Managing Director of UK & Ireland Area with the start of the new year.

The British national joined Maersk as a trainee in 2002 and has worked over the last two decades across Africa, Europe, Middle East and India with both Damco and Maersk. Christopher Cook has spent the last 7 years in the IMEA region, initially as Managing Director in the UAE Area, successfully leading the integration and transformation of the business there. Most recently, he served as Managing Director for IBS Area where he has operationalised the long-term strategy for the Area, deepened the operational execution capability and lifted the profitability with successful growth across the portfolio.

ā€œI am very pleased to welcome Chris to our Region Europe leadership team as our new head of UK and Ireland Area,ā€ says Aymeric Chandavoine, EVP & President Region Europe at Maersk. ā€œChris is no stranger to the UK and brings a strong customer focus. He is also known for his passion about people and developing strong culture in the organisations he leads.ā€

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Christopher Cook, currently Managing Director of Maersk’s India, Bangladesh & Sri Lanka (IBS) Area, will take over as the new Managing Director of UK & Ireland Area with the start of the new year.

The British national joined Maersk as a trainee in 2002 and has worked over the last two decades across Africa, Europe, Middle East and India with both Damco and Maersk. Christopher Cook has spent the last 7 years in the IMEA region, initially as Managing Director in the UAE Area, successfully leading the integration and transformation of the business there. Most recently, he served as Managing Director for IBS Area where he has operationalised the long-term strategy for the Area, deepened the operational execution capability and lifted the profitability with successful growth across the portfolio.

ā€œI am very pleased to welcome Chris to our Region Europe leadership team as our new head of UK and Ireland Area,ā€ says Aymeric Chandavoine, EVP & President Region Europe at Maersk. ā€œChris is no stranger to the UK and brings a strong customer focus. He is also known for his passion about people and developing strong culture in the organisations he leads.ā€

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2 December 2025 |

Maersk appoints new MD for UK & Ireland

0

Christopher Cook, currently Managing Director of Maersk’s India, Bangladesh & Sri Lanka (IBS) Area, will take over as the new Managing Director of UK & Ireland Area with the start of the new year.

The British national joined Maersk as a trainee in 2002 and has worked over the last two decades across Africa, Europe, Middle East and India with both Damco and Maersk. Christopher Cook has spent the last 7 years in the IMEA region, initially as Managing Director in the UAE Area, successfully leading the integration and transformation of the business there. Most recently, he served as Managing Director for IBS Area where he has operationalised the long-term strategy for the Area, deepened the operational execution capability and lifted the profitability with successful growth across the portfolio.

ā€œI am very pleased to welcome Chris to our Region Europe leadership team as our new head of UK and Ireland Area,ā€ says Aymeric Chandavoine, EVP & President Region Europe at Maersk. ā€œChris is no stranger to the UK and brings a strong customer focus. He is also known for his passion about people and developing strong culture in the organisations he leads.ā€

Ā 
Ā 

Christopher Cook, currently Managing Director of Maersk’s India, Bangladesh & Sri Lanka (IBS) Area, will take over as the new Managing Director of UK & Ireland Area with the start of the new year.

The British national joined Maersk as a trainee in 2002 and has worked over the last two decades across Africa, Europe, Middle East and India with both Damco and Maersk. Christopher Cook has spent the last 7 years in the IMEA region, initially as Managing Director in the UAE Area, successfully leading the integration and transformation of the business there. Most recently, he served as Managing Director for IBS Area where he has operationalised the long-term strategy for the Area, deepened the operational execution capability and lifted the profitability with successful growth across the portfolio.

ā€œI am very pleased to welcome Chris to our Region Europe leadership team as our new head of UK and Ireland Area,ā€ says Aymeric Chandavoine, EVP & President Region Europe at Maersk. ā€œChris is no stranger to the UK and brings a strong customer focus. He is also known for his passion about people and developing strong culture in the organisations he leads.ā€

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2 December 2025 |

WinGD unveils high-pressure LNG dual-fuel engine

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Swiss marine power company WinGD has introduced its first high-pressure LNG dual-fuel engine, the X-DF-HP, developed specifically for the demanding operating profiles of ultra-large container vessels (ULCVs).

Unveiled at Marintec China 2025, the new engine arrives at a pivotal moment for shipowners navigating the energy transition, with the IMO’s Net Zero Framework currently paused and the prospect of regional regulation becoming increasingly fragmented. As a result, interest in LNG-fuelled tonnage continues to accelerate.

Available in X82 and X92 bore sizes, the X-DF-HP is tailored to the scale, speed and load requirements of the ULCV sector, with first deliveries planned for 2028. Based on comparisons between the efficiency of WinGD’s established diesel engines and similar dual-fuel designs, the high-pressure dual-fuel concept is anticipated to deliver improved efficiency.

ā€œLarge container vessels present a unique propulsion challenge,ā€ said Benny Hilstrƶm, Vice President, Market Development at WinGD. ā€œThey demand immense power, exceptional efficiency and long-term fuel flexibility. With the X-DF-HP, we are providing operators with a purpose-built solution for the most power-hungry vessels, offering uncompromised, trouble-free propulsion.ā€

Available with the same auxiliary system requirements—such as fuel supply pressure—as other recognised engine concepts, it supports straightforward installation for shipyards and provides a practical, future-ready option for vessel owners. Achieving Tier III compliance in both gas and diesel modes using only a standard SCR, X-DF-HP offers operators a powerful, space-efficient and future-ready choice for the most demanding ultra-large container vessels.

ā€œThe X-DF-HP is built on the high-pressure Diesel X92-B engine platform that has already proven itself as one of the most efficient and reliable large-bore solutions in the container segment,ā€ said Sebastian Hensel, Vice President R&D at WinGD. ā€œBuilding on our long-standing diesel engine expertise and our deep experience in LNG dual-fuel technology, we’ve developed the X‑DF‑HP. Our tests and simulations show the X-DF-HP will deliver a clear step up in fuel efficiency and GHG performance compared to existing high-pressure dual-fuel engines on the market.ā€

The X-DF-HP builds on more than a century of high-pressure Diesel cycle expertise and dual-fuel innovation at WinGD. It joins the company’s high-pressure, multi-fuel portfolio, which includes the methanol/ethanol-capable X-DF-M/E and ammonia-fuelled X-DF-A engines. This provides operators with a fully fuel-flexible platform, with established engines such as the X92-B now able to be retrofitted for high-pressure LNG, methanol, ethanol, or ammonia as fuel pathways evolve.

With LNG providing FuelEU Maritime compliance well into the next decade, and uncertainty remaining around future IMO requirements, LNG continues to offer a cost-competitive, low-risk route to fleet decarbonisation. WinGD’s X-DF (low pressure) and X-DF-HP engines are fully compatible with renewable methane blends, enabling operators to progress towards lower-carbon operations without extensive mechanical modifications or the high retrofitting costs typically associated with emerging fuels.

ā€œFor ultra-large container vessels choosing LNG as their pathway to net zero, the X-DF-HP is the most cost-effective option,ā€ added Hilstrƶm. ā€œFor all other vessels, the low-pressure X-DF platform continues to deliver the best lifecycle economics. Together, these propulsion options give vessel owners and operators complete confidence in selecting LNG—and WinGD—for the energy transition of their fleets.ā€

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Swiss marine power company WinGD has introduced its first high-pressure LNG dual-fuel engine, the X-DF-HP, developed specifically for the demanding operating profiles of ultra-large container vessels (ULCVs).

Unveiled at Marintec China 2025, the new engine arrives at a pivotal moment for shipowners navigating the energy transition, with the IMO’s Net Zero Framework currently paused and the prospect of regional regulation becoming increasingly fragmented. As a result, interest in LNG-fuelled tonnage continues to accelerate.

Available in X82 and X92 bore sizes, the X-DF-HP is tailored to the scale, speed and load requirements of the ULCV sector, with first deliveries planned for 2028. Based on comparisons between the efficiency of WinGD’s established diesel engines and similar dual-fuel designs, the high-pressure dual-fuel concept is anticipated to deliver improved efficiency.

ā€œLarge container vessels present a unique propulsion challenge,ā€ said Benny Hilstrƶm, Vice President, Market Development at WinGD. ā€œThey demand immense power, exceptional efficiency and long-term fuel flexibility. With the X-DF-HP, we are providing operators with a purpose-built solution for the most power-hungry vessels, offering uncompromised, trouble-free propulsion.ā€

Available with the same auxiliary system requirements—such as fuel supply pressure—as other recognised engine concepts, it supports straightforward installation for shipyards and provides a practical, future-ready option for vessel owners. Achieving Tier III compliance in both gas and diesel modes using only a standard SCR, X-DF-HP offers operators a powerful, space-efficient and future-ready choice for the most demanding ultra-large container vessels.

ā€œThe X-DF-HP is built on the high-pressure Diesel X92-B engine platform that has already proven itself as one of the most efficient and reliable large-bore solutions in the container segment,ā€ said Sebastian Hensel, Vice President R&D at WinGD. ā€œBuilding on our long-standing diesel engine expertise and our deep experience in LNG dual-fuel technology, we’ve developed the X‑DF‑HP. Our tests and simulations show the X-DF-HP will deliver a clear step up in fuel efficiency and GHG performance compared to existing high-pressure dual-fuel engines on the market.ā€

The X-DF-HP builds on more than a century of high-pressure Diesel cycle expertise and dual-fuel innovation at WinGD. It joins the company’s high-pressure, multi-fuel portfolio, which includes the methanol/ethanol-capable X-DF-M/E and ammonia-fuelled X-DF-A engines. This provides operators with a fully fuel-flexible platform, with established engines such as the X92-B now able to be retrofitted for high-pressure LNG, methanol, ethanol, or ammonia as fuel pathways evolve.

With LNG providing FuelEU Maritime compliance well into the next decade, and uncertainty remaining around future IMO requirements, LNG continues to offer a cost-competitive, low-risk route to fleet decarbonisation. WinGD’s X-DF (low pressure) and X-DF-HP engines are fully compatible with renewable methane blends, enabling operators to progress towards lower-carbon operations without extensive mechanical modifications or the high retrofitting costs typically associated with emerging fuels.

ā€œFor ultra-large container vessels choosing LNG as their pathway to net zero, the X-DF-HP is the most cost-effective option,ā€ added Hilstrƶm. ā€œFor all other vessels, the low-pressure X-DF platform continues to deliver the best lifecycle economics. Together, these propulsion options give vessel owners and operators complete confidence in selecting LNG—and WinGD—for the energy transition of their fleets.ā€

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2 December 2025 |

WinGD unveils high-pressure LNG dual-fuel engine

0

Swiss marine power company WinGD has introduced its first high-pressure LNG dual-fuel engine, the X-DF-HP, developed specifically for the demanding operating profiles of ultra-large container vessels (ULCVs).

Unveiled at Marintec China 2025, the new engine arrives at a pivotal moment for shipowners navigating the energy transition, with the IMO’s Net Zero Framework currently paused and the prospect of regional regulation becoming increasingly fragmented. As a result, interest in LNG-fuelled tonnage continues to accelerate.

Available in X82 and X92 bore sizes, the X-DF-HP is tailored to the scale, speed and load requirements of the ULCV sector, with first deliveries planned for 2028. Based on comparisons between the efficiency of WinGD’s established diesel engines and similar dual-fuel designs, the high-pressure dual-fuel concept is anticipated to deliver improved efficiency.

ā€œLarge container vessels present a unique propulsion challenge,ā€ said Benny Hilstrƶm, Vice President, Market Development at WinGD. ā€œThey demand immense power, exceptional efficiency and long-term fuel flexibility. With the X-DF-HP, we are providing operators with a purpose-built solution for the most power-hungry vessels, offering uncompromised, trouble-free propulsion.ā€

Available with the same auxiliary system requirements—such as fuel supply pressure—as other recognised engine concepts, it supports straightforward installation for shipyards and provides a practical, future-ready option for vessel owners. Achieving Tier III compliance in both gas and diesel modes using only a standard SCR, X-DF-HP offers operators a powerful, space-efficient and future-ready choice for the most demanding ultra-large container vessels.

ā€œThe X-DF-HP is built on the high-pressure Diesel X92-B engine platform that has already proven itself as one of the most efficient and reliable large-bore solutions in the container segment,ā€ said Sebastian Hensel, Vice President R&D at WinGD. ā€œBuilding on our long-standing diesel engine expertise and our deep experience in LNG dual-fuel technology, we’ve developed the X‑DF‑HP. Our tests and simulations show the X-DF-HP will deliver a clear step up in fuel efficiency and GHG performance compared to existing high-pressure dual-fuel engines on the market.ā€

The X-DF-HP builds on more than a century of high-pressure Diesel cycle expertise and dual-fuel innovation at WinGD. It joins the company’s high-pressure, multi-fuel portfolio, which includes the methanol/ethanol-capable X-DF-M/E and ammonia-fuelled X-DF-A engines. This provides operators with a fully fuel-flexible platform, with established engines such as the X92-B now able to be retrofitted for high-pressure LNG, methanol, ethanol, or ammonia as fuel pathways evolve.

With LNG providing FuelEU Maritime compliance well into the next decade, and uncertainty remaining around future IMO requirements, LNG continues to offer a cost-competitive, low-risk route to fleet decarbonisation. WinGD’s X-DF (low pressure) and X-DF-HP engines are fully compatible with renewable methane blends, enabling operators to progress towards lower-carbon operations without extensive mechanical modifications or the high retrofitting costs typically associated with emerging fuels.

ā€œFor ultra-large container vessels choosing LNG as their pathway to net zero, the X-DF-HP is the most cost-effective option,ā€ added Hilstrƶm. ā€œFor all other vessels, the low-pressure X-DF platform continues to deliver the best lifecycle economics. Together, these propulsion options give vessel owners and operators complete confidence in selecting LNG—and WinGD—for the energy transition of their fleets.ā€

Ā 
Ā 

Swiss marine power company WinGD has introduced its first high-pressure LNG dual-fuel engine, the X-DF-HP, developed specifically for the demanding operating profiles of ultra-large container vessels (ULCVs).

Unveiled at Marintec China 2025, the new engine arrives at a pivotal moment for shipowners navigating the energy transition, with the IMO’s Net Zero Framework currently paused and the prospect of regional regulation becoming increasingly fragmented. As a result, interest in LNG-fuelled tonnage continues to accelerate.

Available in X82 and X92 bore sizes, the X-DF-HP is tailored to the scale, speed and load requirements of the ULCV sector, with first deliveries planned for 2028. Based on comparisons between the efficiency of WinGD’s established diesel engines and similar dual-fuel designs, the high-pressure dual-fuel concept is anticipated to deliver improved efficiency.

ā€œLarge container vessels present a unique propulsion challenge,ā€ said Benny Hilstrƶm, Vice President, Market Development at WinGD. ā€œThey demand immense power, exceptional efficiency and long-term fuel flexibility. With the X-DF-HP, we are providing operators with a purpose-built solution for the most power-hungry vessels, offering uncompromised, trouble-free propulsion.ā€

Available with the same auxiliary system requirements—such as fuel supply pressure—as other recognised engine concepts, it supports straightforward installation for shipyards and provides a practical, future-ready option for vessel owners. Achieving Tier III compliance in both gas and diesel modes using only a standard SCR, X-DF-HP offers operators a powerful, space-efficient and future-ready choice for the most demanding ultra-large container vessels.

ā€œThe X-DF-HP is built on the high-pressure Diesel X92-B engine platform that has already proven itself as one of the most efficient and reliable large-bore solutions in the container segment,ā€ said Sebastian Hensel, Vice President R&D at WinGD. ā€œBuilding on our long-standing diesel engine expertise and our deep experience in LNG dual-fuel technology, we’ve developed the X‑DF‑HP. Our tests and simulations show the X-DF-HP will deliver a clear step up in fuel efficiency and GHG performance compared to existing high-pressure dual-fuel engines on the market.ā€

The X-DF-HP builds on more than a century of high-pressure Diesel cycle expertise and dual-fuel innovation at WinGD. It joins the company’s high-pressure, multi-fuel portfolio, which includes the methanol/ethanol-capable X-DF-M/E and ammonia-fuelled X-DF-A engines. This provides operators with a fully fuel-flexible platform, with established engines such as the X92-B now able to be retrofitted for high-pressure LNG, methanol, ethanol, or ammonia as fuel pathways evolve.

With LNG providing FuelEU Maritime compliance well into the next decade, and uncertainty remaining around future IMO requirements, LNG continues to offer a cost-competitive, low-risk route to fleet decarbonisation. WinGD’s X-DF (low pressure) and X-DF-HP engines are fully compatible with renewable methane blends, enabling operators to progress towards lower-carbon operations without extensive mechanical modifications or the high retrofitting costs typically associated with emerging fuels.

ā€œFor ultra-large container vessels choosing LNG as their pathway to net zero, the X-DF-HP is the most cost-effective option,ā€ added Hilstrƶm. ā€œFor all other vessels, the low-pressure X-DF platform continues to deliver the best lifecycle economics. Together, these propulsion options give vessel owners and operators complete confidence in selecting LNG—and WinGD—for the energy transition of their fleets.ā€

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2 December 2025 |

PCN introduces Schnell as new members

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Project Cargo Network are pleased to introduce Schnell Heavy Logistics as new members in Romania.

They are a well-organised company with ISO and OHSAS certification. Their proactive and professional team have an excellent problem-solving mentality and are experts in reliable solutions.

ā€œSchnell Heavy Logistics is an industrial logistics services provider. We offer innovative solutions and creative options to deliver complex cargo.ā€
ā€œWith over 20 years of experience in the transport and forwarding market, our dedicated and expert team is ready to rise up to the unique challenges of every industrial transport and logistics project.

The complexity of moving heavy and oversized cargo as quickly and economically as possible requires collaborative partnership, attention to detail, and constant communication. To ensure we have successful projects from pre-planning to execution, we have developed efficient tools to facilitate communication between clients and the project management team in terms of planning, execution, monitoring, and controlling of the most challenging projects.

The sectors we specialize in include steel & stainless, energy & renewable, oil & gas, civil engineering, heavy industrial equipment, food & beverage, and petrochemical.ā€

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Project Cargo Network are pleased to introduce Schnell Heavy Logistics as new members in Romania.

They are a well-organised company with ISO and OHSAS certification. Their proactive and professional team have an excellent problem-solving mentality and are experts in reliable solutions.

ā€œSchnell Heavy Logistics is an industrial logistics services provider. We offer innovative solutions and creative options to deliver complex cargo.ā€
ā€œWith over 20 years of experience in the transport and forwarding market, our dedicated and expert team is ready to rise up to the unique challenges of every industrial transport and logistics project.

The complexity of moving heavy and oversized cargo as quickly and economically as possible requires collaborative partnership, attention to detail, and constant communication. To ensure we have successful projects from pre-planning to execution, we have developed efficient tools to facilitate communication between clients and the project management team in terms of planning, execution, monitoring, and controlling of the most challenging projects.

The sectors we specialize in include steel & stainless, energy & renewable, oil & gas, civil engineering, heavy industrial equipment, food & beverage, and petrochemical.ā€

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1 December 2025 |

WWPC appoints Perez y Cia Peru

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Worldwide Project Consortium (WWPC) is pleased to announce the appointment of Pérez y Cía Perú, headquartered in Lima, for Peru as exclusive country member effective immediately.

Pérez y Cía Perú specializes in maritime and cargo logistics. Its services include port agency, husbanding, liner and non-liner representations, freight forwarding, isotanks, and bulk cargo, supported by five business units (Commercial, Traffic, Operations, Logistics, and Finance) and a team of 18 employees.

The company maintains strategic alliances with key land-side providers—such as depots, terminals, trucking firms, and customs agencies—enabling coverage across all of Peru.

Pérez y Cía Perú is part of the Pérez y Cía Group.

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Worldwide Project Consortium (WWPC) is pleased to announce the appointment of Pérez y Cía Perú, headquartered in Lima, for Peru as exclusive country member effective immediately.

Pérez y Cía Perú specializes in maritime and cargo logistics. Its services include port agency, husbanding, liner and non-liner representations, freight forwarding, isotanks, and bulk cargo, supported by five business units (Commercial, Traffic, Operations, Logistics, and Finance) and a team of 18 employees.

The company maintains strategic alliances with key land-side providers—such as depots, terminals, trucking firms, and customs agencies—enabling coverage across all of Peru.

Pérez y Cía Perú is part of the Pérez y Cía Group.

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1 December 2025 |

Garbe Industrial starts new construction at Kamener Kreuz

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Garbe Industrial is constructing a new multifunctional property for light industrial, production, storage and distribution purposes in Kamen (Unna district), North Rhine-Westphalia.

The property is being built on a plot of land measuring around 27,300 square metres and is planned to have a total area of 18,700 square metres. With planning permission already in place, construction work is now set to begin shortly. The investment volume amounts to around 28.5 million euros.

The site is located in the industrial estate on Henry-Everling- Straße within sight of the A1 motorway, which links the Hamburg metropolitan region with the greater Cologne area and is one of the most important north-south axes in Germany.

The Kamen-Zentrum junction can be reached within four minutes. From there, it is six kilometres via the A1 motorway
to the Kamener Kreuz interchange with the A2 Oberhausen – Berlin motorway. ā€œThe central location at one of Germany’s
busiest transport hubs makes the site a particularly sought- after centre for companies that want to move and distribute goods efficiently,ā€ emphasises Frank Soppa, Regional Manager Project Development West at Garbe Industrial.

ā€œSuch a prime piece of real estate in the eastern Ruhr area is a rarity, and we are very happy that a property with great potential is being developed at this outstanding location.ā€

A property with a hall area of around 16,500 square metres is planned on the site. In addition, there will be 500 square metres for offices and social rooms and 1,700 square metres of mezzanine space. The new building will be equipped with 17 dock levellers and two sectional doors at ground level. The outdoor area will provide parking for 30 cars and three trucks.

The property is suitable for contract-based and distribution- oriented services as well as for light industrial and production 1 purposes.

ā€œThe project is being developed with a view to the future. We are already in talks with potentially interested parties,ā€ says Frank Soppa. The market analyses conducted so far as part of the site selection process leave him feeling confident: ā€œWe assume that the property will be fully leased during the construction phase.ā€ Completion is scheduled for the third quarter of 2026.

Garbe Industrial is aiming for the property to be certified according to the gold standard of the German Sustainable
Building Council (DGNB). Heating will be provided by air heat pumps, and no fossil fuels will be used. In addition, a
photovoltaic system is to be installed on the entire roof area.

The estate agent Immolox in Frankfurt brokered the property purchase.

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Garbe Industrial is constructing a new multifunctional property for light industrial, production, storage and distribution purposes in Kamen (Unna district), North Rhine-Westphalia.

The property is being built on a plot of land measuring around 27,300 square metres and is planned to have a total area of 18,700 square metres. With planning permission already in place, construction work is now set to begin shortly. The investment volume amounts to around 28.5 million euros.

The site is located in the industrial estate on Henry-Everling- Straße within sight of the A1 motorway, which links the Hamburg metropolitan region with the greater Cologne area and is one of the most important north-south axes in Germany.

The Kamen-Zentrum junction can be reached within four minutes. From there, it is six kilometres via the A1 motorway
to the Kamener Kreuz interchange with the A2 Oberhausen – Berlin motorway. ā€œThe central location at one of Germany’s
busiest transport hubs makes the site a particularly sought- after centre for companies that want to move and distribute goods efficiently,ā€ emphasises Frank Soppa, Regional Manager Project Development West at Garbe Industrial.

ā€œSuch a prime piece of real estate in the eastern Ruhr area is a rarity, and we are very happy that a property with great potential is being developed at this outstanding location.ā€

A property with a hall area of around 16,500 square metres is planned on the site. In addition, there will be 500 square metres for offices and social rooms and 1,700 square metres of mezzanine space. The new building will be equipped with 17 dock levellers and two sectional doors at ground level. The outdoor area will provide parking for 30 cars and three trucks.

The property is suitable for contract-based and distribution- oriented services as well as for light industrial and production 1 purposes.

ā€œThe project is being developed with a view to the future. We are already in talks with potentially interested parties,ā€ says Frank Soppa. The market analyses conducted so far as part of the site selection process leave him feeling confident: ā€œWe assume that the property will be fully leased during the construction phase.ā€ Completion is scheduled for the third quarter of 2026.

Garbe Industrial is aiming for the property to be certified according to the gold standard of the German Sustainable
Building Council (DGNB). Heating will be provided by air heat pumps, and no fossil fuels will be used. In addition, a
photovoltaic system is to be installed on the entire roof area.

The estate agent Immolox in Frankfurt brokered the property purchase.

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1 December 2025 |

AD Ports sells stake in NMDC to Alpha Dhabi

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AD Ports Group (ADX: ADPORTS), a leading global facilitator of trade, logistics, and industry, today announced the sale of its 9.77% stake in NMDC Group PJSC (ADX: NMDC), a global leader in engineering, procurement, construction, and marine dredging, to one of the fastest-growing investment holding companies in the MENA region Alpha Dhabi Holding PJSC (ADX: ALPHADHABI) for AED 1.6 billion (USD 436 million).

AD Ports Group received its stake in NMDC from Abu Dhabi Developmental Holding Company – ADQ ahead of its listing in February 2022. In less than four years, this financial holding yielded total shareholder return (TSR) of 17%, based on received dividends and capital gains and using its book value as of Q3 2025 for reference.

The transaction is part of AD Ports Group’s strategy of actively managing its asset portfolio across all business clusters to monetise, when opportune, non-core assets. It is the third divestment of non-core assets this year, following the sale of land at Khalifa Economic Zones – Abu Dhabi (KEZAD) to Mira Developments, and the sale of two logistics warehouses in KEZAD to Aldar Properties.

Proceeds from the NMDC transaction, like those from the Mira Developments and Aldar Properties transactions, will be used to de-lever the Group’s balance sheet and recycle into higher return projects. AD Ports Group reported net debt of AED 17.0 billion in the period ending 30 September.

Captain Mohamed Juma Al Shamisi, Managing Director and Group CEO, AD Ports Group, said: ā€œThis agreement with Alpha Dhabi is a result of the Group’s durable commitment to intelligently managing its assets and value creation strategies, with the proceeds strengthening the Group’s financial position and capital structure. Under the wise guidance of our leadership in the UAE, AD Ports Group is focused on efficiently managing its asset portfolio, and deploying its financial strengths, to increase shareholder value, enhance the services delivered to our customers, and fulfil our primary mission of enabling trade. In the future, we will continue to actively manage our asset base to unlock and maximise value.ā€

Hamad Salem Al Ameri, Managing Director and Group CEO of Alpha Dhabi Holding, said: ā€œThis milestone acquisition underscores our commitment to investing in high-impact industrial verticals that support Abu Dhabi’s diversity and inclusion agenda. Our strategy is rooted in identifying scalable opportunities that align with national priorities and global trends, ensuring that industrial growth is matched by environmental responsibility and the empowerment of all segments of our society.ā€

The NMDC stake represents the third sale of non-core assets this year by AD Ports Group. In October 2025, the Group sold land in the Al Mamourah district of KEZAD to Mira Developments LLC, which plans to build a large mixed-use community, in a deal valued at AED 2.47 billion (USD 673 million). On 11 November, the Group announced the sale of two built-to-suit logistics warehouses in KEZAD to Aldar Properties for AED 570 million (USD 155 million).

With the purchase of AD Ports Group’s stake, Alpha Dhabi’s stake in NMDC Group, will increase to approximately 77%.

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AD Ports Group (ADX: ADPORTS), a leading global facilitator of trade, logistics, and industry, today announced the sale of its 9.77% stake in NMDC Group PJSC (ADX: NMDC), a global leader in engineering, procurement, construction, and marine dredging, to one of the fastest-growing investment holding companies in the MENA region Alpha Dhabi Holding PJSC (ADX: ALPHADHABI) for AED 1.6 billion (USD 436 million).

AD Ports Group received its stake in NMDC from Abu Dhabi Developmental Holding Company – ADQ ahead of its listing in February 2022. In less than four years, this financial holding yielded total shareholder return (TSR) of 17%, based on received dividends and capital gains and using its book value as of Q3 2025 for reference.

The transaction is part of AD Ports Group’s strategy of actively managing its asset portfolio across all business clusters to monetise, when opportune, non-core assets. It is the third divestment of non-core assets this year, following the sale of land at Khalifa Economic Zones – Abu Dhabi (KEZAD) to Mira Developments, and the sale of two logistics warehouses in KEZAD to Aldar Properties.

Proceeds from the NMDC transaction, like those from the Mira Developments and Aldar Properties transactions, will be used to de-lever the Group’s balance sheet and recycle into higher return projects. AD Ports Group reported net debt of AED 17.0 billion in the period ending 30 September.

Captain Mohamed Juma Al Shamisi, Managing Director and Group CEO, AD Ports Group, said: ā€œThis agreement with Alpha Dhabi is a result of the Group’s durable commitment to intelligently managing its assets and value creation strategies, with the proceeds strengthening the Group’s financial position and capital structure. Under the wise guidance of our leadership in the UAE, AD Ports Group is focused on efficiently managing its asset portfolio, and deploying its financial strengths, to increase shareholder value, enhance the services delivered to our customers, and fulfil our primary mission of enabling trade. In the future, we will continue to actively manage our asset base to unlock and maximise value.ā€

Hamad Salem Al Ameri, Managing Director and Group CEO of Alpha Dhabi Holding, said: ā€œThis milestone acquisition underscores our commitment to investing in high-impact industrial verticals that support Abu Dhabi’s diversity and inclusion agenda. Our strategy is rooted in identifying scalable opportunities that align with national priorities and global trends, ensuring that industrial growth is matched by environmental responsibility and the empowerment of all segments of our society.ā€

The NMDC stake represents the third sale of non-core assets this year by AD Ports Group. In October 2025, the Group sold land in the Al Mamourah district of KEZAD to Mira Developments LLC, which plans to build a large mixed-use community, in a deal valued at AED 2.47 billion (USD 673 million). On 11 November, the Group announced the sale of two built-to-suit logistics warehouses in KEZAD to Aldar Properties for AED 570 million (USD 155 million).

With the purchase of AD Ports Group’s stake, Alpha Dhabi’s stake in NMDC Group, will increase to approximately 77%.

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27 November 2025 |

Mammoet selected for Singapore’s offshore project

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The Pulau Tekong Polder, a groundbreaking land reclamation project on an offshore island in Singapore has paved the way for the country’s first polder, reclaiming about 800 hectares of land.

Led by the Housing Development Board (HDB) and constructed by the Boskalis Penta Ocean Joint Venture (BPJV), this project employs the innovative ā€œempolderingā€ method, a first for Singapore.

Unlike traditional land reclamation, which involves infilling with sand, the empoldering approach creates a low-lying tract of land, known as a polder, by constructing a dike around the area and draining water from it. The dike shields the polder from the sea, and water levels are controlled by a network of drains and pumps. This significantly reduces the amount of fill material required, leading to lower construction costs.

As part of the project, a stormwater collection pond within the polder was constructed to collect excess stormwater. Various floating equipment and barges were used to deepen this large body of water. Once it was completed, the equipment and barges – now landlocked – needed to be retrieved and relocated for continued operations.

A total of twelve barges, ranging in weight from 680t to 990t, had to be recovered from the stormwater collection pond, transported across the newly built haul road to the dike, and launched back into the sea – a complex undertaking requiring advanced technical expertise and specialized equipment.

Mammoet was selected for the task due to its extensive experience and successful track record on similar projects worldwide, particularly in using airbags and winches for vessel launching. A team of local and international experts was assembled, bringing a wealth of knowledge to the site.

The project advanced in carefully planned phases. Mammoet used 68 airbags and four winches, with capacities ranging from 60t to 85t, to retrieve and launch each barge from the designated pond. Precision and careful management were essential to ensuring the safe extraction of the barges.

Airbags were placed under the bow of each barge, and once all cables were connected, two winches pulled the barge out of the water to a point where 18 climbing jacks were positioned. Once the barge was retrieved, it was jacked up to allow the airbags to be removed and SPMTs (Self-Propelled Modular Transporters) were inserted underneath.

The SPMTs then transported each barge to the launch area, to be set afloat. The launch process mirrored the retrieval operation, and this was repeated for all twelve barges.

Despite unforeseen weather conditions, Mammoet adhered to a strict schedule, demonstrating agility and commitment. The results were impressive: Mammoet not only met the tight deadlines but also played a key role in a transformative project that increased Singapore’s landmass.

ā€œWe take immense pride in our role within the Tekong Polder project. By leveraging our global expertise, we helped enhance Singapore’s geographical footprint,ā€ said Anandan Lokantham, Sales Manager, Mammoet Projects AMEA.

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The Pulau Tekong Polder, a groundbreaking land reclamation project on an offshore island in Singapore has paved the way for the country’s first polder, reclaiming about 800 hectares of land.

Led by the Housing Development Board (HDB) and constructed by the Boskalis Penta Ocean Joint Venture (BPJV), this project employs the innovative ā€œempolderingā€ method, a first for Singapore.

Unlike traditional land reclamation, which involves infilling with sand, the empoldering approach creates a low-lying tract of land, known as a polder, by constructing a dike around the area and draining water from it. The dike shields the polder from the sea, and water levels are controlled by a network of drains and pumps. This significantly reduces the amount of fill material required, leading to lower construction costs.

As part of the project, a stormwater collection pond within the polder was constructed to collect excess stormwater. Various floating equipment and barges were used to deepen this large body of water. Once it was completed, the equipment and barges – now landlocked – needed to be retrieved and relocated for continued operations.

A total of twelve barges, ranging in weight from 680t to 990t, had to be recovered from the stormwater collection pond, transported across the newly built haul road to the dike, and launched back into the sea – a complex undertaking requiring advanced technical expertise and specialized equipment.

Mammoet was selected for the task due to its extensive experience and successful track record on similar projects worldwide, particularly in using airbags and winches for vessel launching. A team of local and international experts was assembled, bringing a wealth of knowledge to the site.

The project advanced in carefully planned phases. Mammoet used 68 airbags and four winches, with capacities ranging from 60t to 85t, to retrieve and launch each barge from the designated pond. Precision and careful management were essential to ensuring the safe extraction of the barges.

Airbags were placed under the bow of each barge, and once all cables were connected, two winches pulled the barge out of the water to a point where 18 climbing jacks were positioned. Once the barge was retrieved, it was jacked up to allow the airbags to be removed and SPMTs (Self-Propelled Modular Transporters) were inserted underneath.

The SPMTs then transported each barge to the launch area, to be set afloat. The launch process mirrored the retrieval operation, and this was repeated for all twelve barges.

Despite unforeseen weather conditions, Mammoet adhered to a strict schedule, demonstrating agility and commitment. The results were impressive: Mammoet not only met the tight deadlines but also played a key role in a transformative project that increased Singapore’s landmass.

ā€œWe take immense pride in our role within the Tekong Polder project. By leveraging our global expertise, we helped enhance Singapore’s geographical footprint,ā€ said Anandan Lokantham, Sales Manager, Mammoet Projects AMEA.

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27 November 2025 |

China remains strong growth market for Gebruder Weiss

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While many economists see China’s latest economic indicators as signs of a cooling cycle, Gebrüder Weiss remains confident about its long-term prospects in the country.

The logistics company’s China organization continues to deliver solid revenue growth in 2025. The rapidly expanding e-commerce sector is a key driver behind this momentum.

China’s GDP grew by 4.8 percent in Q3 2025, a slowing from the 5.2 percent growth posted earlier in the year. Trade tensions with the United States, weak domestic demand and a struggling real-estate sector are slowing the economy. The picture looks different for Gebrüder Weiss. By expanding its warehousing operations, including specialized e-fulfillment and e-commerce solutions, the company has secured new customers and strengthened its position as a full-service logistics provider. Key industries include automotive, machinery and electronics.

Gebrüder Weiss Greater China closed the 2024 business year with revenues of around 330 million euros, representing a 24 percent increase year-on-year (2023: 265 million euros). Cross-border e-commerce continues to perform exceptionally well. In 2024, Gebrüder Weiss Express China shipped 25 million parcels for major online retailers to Europe, UK, Canada, Australia, and New Zealand. The European Union remains the company’s largest market and strongest growth engine.

ā€œOur steady growth underlines the strategic importance of the Chinese market for Gebrüder Weiss and demonstrates how successfully we have evolved in recent yearsā€, says Yongquan Chen, General Manager of Gebrüder Weiss China. ā€œWe have strong capabilities in air and sea freight, and are equally well positioned in multimodal transport, rail services, and warehouse logistics, where we deliver tailored solutions quickly and with precision. ā€œ

Gebrüder Weiss has been active in China for more than 30 years, opening its first office in Shanghai in 1992. The company rapidly expanded into major port cities and economic hubs. In Qingdao, the world’s fourth-largest container port, the team recently celebrated its 30-year anniversary. Beijing, as well as the port cities Tianjin (largest port in Northern China) and Ningbo (third-largest container port worldwide), mark 25 years in the Gebrüder Weiss network this year.

Today, the organization includes 19 locations and more than 450 employees in Greater China. Over the next few years, Gebrüder Weiss China plans to further invest in electromobility and automation. The goal is to create sustainable logistics solutions and innovative services that fuel continued growth.

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While many economists see China’s latest economic indicators as signs of a cooling cycle, Gebrüder Weiss remains confident about its long-term prospects in the country.

The logistics company’s China organization continues to deliver solid revenue growth in 2025. The rapidly expanding e-commerce sector is a key driver behind this momentum.

China’s GDP grew by 4.8 percent in Q3 2025, a slowing from the 5.2 percent growth posted earlier in the year. Trade tensions with the United States, weak domestic demand and a struggling real-estate sector are slowing the economy. The picture looks different for Gebrüder Weiss. By expanding its warehousing operations, including specialized e-fulfillment and e-commerce solutions, the company has secured new customers and strengthened its position as a full-service logistics provider. Key industries include automotive, machinery and electronics.

Gebrüder Weiss Greater China closed the 2024 business year with revenues of around 330 million euros, representing a 24 percent increase year-on-year (2023: 265 million euros). Cross-border e-commerce continues to perform exceptionally well. In 2024, Gebrüder Weiss Express China shipped 25 million parcels for major online retailers to Europe, UK, Canada, Australia, and New Zealand. The European Union remains the company’s largest market and strongest growth engine.

ā€œOur steady growth underlines the strategic importance of the Chinese market for Gebrüder Weiss and demonstrates how successfully we have evolved in recent yearsā€, says Yongquan Chen, General Manager of Gebrüder Weiss China. ā€œWe have strong capabilities in air and sea freight, and are equally well positioned in multimodal transport, rail services, and warehouse logistics, where we deliver tailored solutions quickly and with precision. ā€œ

Gebrüder Weiss has been active in China for more than 30 years, opening its first office in Shanghai in 1992. The company rapidly expanded into major port cities and economic hubs. In Qingdao, the world’s fourth-largest container port, the team recently celebrated its 30-year anniversary. Beijing, as well as the port cities Tianjin (largest port in Northern China) and Ningbo (third-largest container port worldwide), mark 25 years in the Gebrüder Weiss network this year.

Today, the organization includes 19 locations and more than 450 employees in Greater China. Over the next few years, Gebrüder Weiss China plans to further invest in electromobility and automation. The goal is to create sustainable logistics solutions and innovative services that fuel continued growth.

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27 November 2025 |

Al-Marasi handles radioactive materials from Baghdad International Airport

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Al-Marasi International in Iraq are proud to share that last week, their teams have successfully received and delivered a shipment of highly dangerous radioactive materials from Baghdad International Airport to a power plant.

The journey of these materials was long and complex in terms of procedures, starting with obtaining the required official documents and approvals from the National Authority for Nuclear, Radiological, and Chemical Regulation, followed by multiple customs processes, and ending with the completion of delivery in accordance with the highest standards of safety and compliance.

Zainab Fareeq Shaker at Al-Marasi comments; ā€œIt is not your size in the field of competition that makes the difference, but rather your work standards and the quality of your team’s performance that truly define your value. Once again, the staff of Al-Marasi International in our Baghdad and Basra offices – through strong coordination and a spirit of teamwork – demonstrate their ability to excel and deliver results.

Our sincere appreciation and gratitude go to all colleagues and team members for their tremendous efforts.ā€

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Al-Marasi International in Iraq are proud to share that last week, their teams have successfully received and delivered a shipment of highly dangerous radioactive materials from Baghdad International Airport to a power plant.

The journey of these materials was long and complex in terms of procedures, starting with obtaining the required official documents and approvals from the National Authority for Nuclear, Radiological, and Chemical Regulation, followed by multiple customs processes, and ending with the completion of delivery in accordance with the highest standards of safety and compliance.

Zainab Fareeq Shaker at Al-Marasi comments; ā€œIt is not your size in the field of competition that makes the difference, but rather your work standards and the quality of your team’s performance that truly define your value. Once again, the staff of Al-Marasi International in our Baghdad and Basra offices – through strong coordination and a spirit of teamwork – demonstrate their ability to excel and deliver results.

Our sincere appreciation and gratitude go to all colleagues and team members for their tremendous efforts.ā€

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27 November 2025 |

Jebel Ali Port sets breakbulk record

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DP World’s flagship Jebel Ali Port handled a record 630,000 tonnes of breakbulk cargo in October 2025, the highest monthly total in nearly two decades.

While the past decade saw strong growth in containerised, bulk and RoRo cargo, this new record reflects the renewed scale of industrial and construction activity across the region. Recent increases in imports of iron and steel for major UAE projects, such as the Dubai Metro Blue Line and the DWC airport expansion, along with rising sugar exports, have been key drivers.

Building on a strong 2024 performance, when breakbulk volumes rose 23% year-on-year to 5.36 million metric tonnes, this new record reflects continued momentum across the UAE’s industrial base and its growing role in global trade.

Shahab Al Jassmi, Chief Commercial Officer, Ports & Terminals at DP World GCC, said: ā€œThis milestone reflects the confidence businesses place in Jebel Ali as the region’s most reliable gateway for cargo. The steady rise in volumes demonstrates how we are helping customers meet growing infrastructure demand while keeping supply chains efficient and resilient. As the UAE continues to invest in infrastructure, manufacturing and logistics, we remain committed to expanding our capacity, technology and sustainability initiatives to support long-term growth.ā€

Breakbulk cargo, including heavy materials and oversized items used for large-scale construction and industrial projects, remains a vital part of Jebel Ali’s operations. Supported by Jafza’s integrated ecosystem and its global end-to-end logistics capabilities, DP World ensures the seamless movement of complex cargo across regional and global supply chains.

The new milestone comes as Jebel Ali continues its transformation into one of the world’s most advanced multipurpose ports. Over the past decade, Jebel Ali has consistently achieved record performance across multiple cargo categories, including containers, RoRo and bulk cargo. The latest breakbulk record reflects a broader trend of multi-cargo growth, demonstrating the port’s agility in responding to shifting global supply chains.

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DP World’s flagship Jebel Ali Port handled a record 630,000 tonnes of breakbulk cargo in October 2025, the highest monthly total in nearly two decades.

While the past decade saw strong growth in containerised, bulk and RoRo cargo, this new record reflects the renewed scale of industrial and construction activity across the region. Recent increases in imports of iron and steel for major UAE projects, such as the Dubai Metro Blue Line and the DWC airport expansion, along with rising sugar exports, have been key drivers.

Building on a strong 2024 performance, when breakbulk volumes rose 23% year-on-year to 5.36 million metric tonnes, this new record reflects continued momentum across the UAE’s industrial base and its growing role in global trade.

Shahab Al Jassmi, Chief Commercial Officer, Ports & Terminals at DP World GCC, said: ā€œThis milestone reflects the confidence businesses place in Jebel Ali as the region’s most reliable gateway for cargo. The steady rise in volumes demonstrates how we are helping customers meet growing infrastructure demand while keeping supply chains efficient and resilient. As the UAE continues to invest in infrastructure, manufacturing and logistics, we remain committed to expanding our capacity, technology and sustainability initiatives to support long-term growth.ā€

Breakbulk cargo, including heavy materials and oversized items used for large-scale construction and industrial projects, remains a vital part of Jebel Ali’s operations. Supported by Jafza’s integrated ecosystem and its global end-to-end logistics capabilities, DP World ensures the seamless movement of complex cargo across regional and global supply chains.

The new milestone comes as Jebel Ali continues its transformation into one of the world’s most advanced multipurpose ports. Over the past decade, Jebel Ali has consistently achieved record performance across multiple cargo categories, including containers, RoRo and bulk cargo. The latest breakbulk record reflects a broader trend of multi-cargo growth, demonstrating the port’s agility in responding to shifting global supply chains.

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26 November 2025 |

Kalmar signs agreement with ArcelorMittal

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Kalmar has signed an agreement with ArcelorMittal to supply 12 Kalmar medium forklift trucks, two of which are equipped with Kalmar’s recently introduced second-generation lithium-ion (Li-ion) battery technology.

The large order was booked in Kalmar’s Q3 2025 order intake, with delivery of machines scheduled to be completed during Q1 2026.

ArcelorMittal, one of the world’s leading integrated steel and mining companies, operates in 60 countries with primary steelmaking activities in 15. The company is dedicated to producing smarter steels for both people and the planet – steel made through innovative processes that use less energy, generate significantly lower carbon emissions, and reduce costs.

The new Kalmar forklift trucks will support this ambition by enabling efficient, safe, and sustainable material handling in demanding steelmaking environments. The inclusion of the Gen 2 Li-ion battery solution marks an important step in helping ArcelorMittal reduce the carbon footprint of its operations. The new battery system offers enhanced energy capacity, improved thermal stability, and a longer, more predictable performance curve across a wide range of operating environments.

Thoralf Winkel, CEO ArcelorMittal Hamburg: ā€œSustainability and efficiency are at the heart of ArcelorMittal’s operations. Kalmar’s proven forklift solutions and their new Li-ion technology align perfectly with our goals to reduce carbon emissions and enhance performance in our steelmaking facilities.ā€

Bernd Pagel, Sales representative, Kalmar: ā€œWe are delighted to continue supporting ArcelorMittal in its mission to produce smarter steels with lower environmental impact. Our next-generation Li-ion battery technology represents a major step forward in helping customers improve operational efficiency while reducing emissions.ā€

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Kalmar has signed an agreement with ArcelorMittal to supply 12 Kalmar medium forklift trucks, two of which are equipped with Kalmar’s recently introduced second-generation lithium-ion (Li-ion) battery technology.

The large order was booked in Kalmar’s Q3 2025 order intake, with delivery of machines scheduled to be completed during Q1 2026.

ArcelorMittal, one of the world’s leading integrated steel and mining companies, operates in 60 countries with primary steelmaking activities in 15. The company is dedicated to producing smarter steels for both people and the planet – steel made through innovative processes that use less energy, generate significantly lower carbon emissions, and reduce costs.

The new Kalmar forklift trucks will support this ambition by enabling efficient, safe, and sustainable material handling in demanding steelmaking environments. The inclusion of the Gen 2 Li-ion battery solution marks an important step in helping ArcelorMittal reduce the carbon footprint of its operations. The new battery system offers enhanced energy capacity, improved thermal stability, and a longer, more predictable performance curve across a wide range of operating environments.

Thoralf Winkel, CEO ArcelorMittal Hamburg: ā€œSustainability and efficiency are at the heart of ArcelorMittal’s operations. Kalmar’s proven forklift solutions and their new Li-ion technology align perfectly with our goals to reduce carbon emissions and enhance performance in our steelmaking facilities.ā€

Bernd Pagel, Sales representative, Kalmar: ā€œWe are delighted to continue supporting ArcelorMittal in its mission to produce smarter steels with lower environmental impact. Our next-generation Li-ion battery technology represents a major step forward in helping customers improve operational efficiency while reducing emissions.ā€

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26 November 2025 |

K LINE reorganises logistics business in Thailand

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Kawasaki Kisen Kaisha, Ltd. (President and CEO: Takenori Igarashi, hereinafter ā€œ ā€œKā€ LINE ā€) announces that it has decided to transfer the logistics business operated in Thailand by ā€œKā€ LINE (THAILAND) LTD. (hereinafter ā€œKTLā€), a subsidiary of ā€œKā€ LINE in Thailand, to ā€œKā€ LINE LOGISTICS (THAILAND) LTD. (hereinafter ā€œKLL THā€), a subsidiary of ā€œKā€LINE LOGISTICS, LTD. (President and CEO: Ako Hiraoka), a consolidated subsidiary of ā€œKā€ LINE.

Current Business Description; KTL: ā‘  Overall management of the car carrier business in Southeast Asia and Comprehensive shipping agency business in Thailand. ā‘” Logistics business centered on land transportation, warehousing, and customs clearance service in Thailand

KLL TH: International logistics business centered on air and ocean forwarding.

Businesses to be transferred from KTL to KLL TH: All businesses listed in ā‘” above.

Purpose: To provide customers with a wider variety of high-quality logistics services and strengthen our contract logistics capabilities by transferring KTL’s logistics business, which has strengths in domestic logistics in Thailand, to KLL TH, which has strengths in international logistics.

Transfer date: April 1, 2026 (Planned).

After the business transfer, KTL will remain committed to providing high-quality services and further enhance its business as ā€œKā€ LINE Group’s representative in Thailand.

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Kawasaki Kisen Kaisha, Ltd. (President and CEO: Takenori Igarashi, hereinafter ā€œ ā€œKā€ LINE ā€) announces that it has decided to transfer the logistics business operated in Thailand by ā€œKā€ LINE (THAILAND) LTD. (hereinafter ā€œKTLā€), a subsidiary of ā€œKā€ LINE in Thailand, to ā€œKā€ LINE LOGISTICS (THAILAND) LTD. (hereinafter ā€œKLL THā€), a subsidiary of ā€œKā€LINE LOGISTICS, LTD. (President and CEO: Ako Hiraoka), a consolidated subsidiary of ā€œKā€ LINE.

Current Business Description; KTL: ā‘  Overall management of the car carrier business in Southeast Asia and Comprehensive shipping agency business in Thailand. ā‘” Logistics business centered on land transportation, warehousing, and customs clearance service in Thailand

KLL TH: International logistics business centered on air and ocean forwarding.

Businesses to be transferred from KTL to KLL TH: All businesses listed in ā‘” above.

Purpose: To provide customers with a wider variety of high-quality logistics services and strengthen our contract logistics capabilities by transferring KTL’s logistics business, which has strengths in domestic logistics in Thailand, to KLL TH, which has strengths in international logistics.

Transfer date: April 1, 2026 (Planned).

After the business transfer, KTL will remain committed to providing high-quality services and further enhance its business as ā€œKā€ LINE Group’s representative in Thailand.

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25 November 2025 |
FreightHub
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