• 2018 August 8 16:52

    DP World acquires Unifeeder for €660 mln

    Global trade enabler, DP  World today announces the  signing of  the  acquisition of 100% of  the  Unifeeder Group (“Unifeeder”) 1 for  €660 million 2 from Nordic Capital  Fund VIII and  certain minority shareholders.

    Based in Aarhus (Denmark), Unifeeder  operates the  largest and most  densely  connected common user container feeder and an important and growing  shortsea network in Europe, serving both deep - sea container hubs and the intra - Europe container  freight market. The Group  reported revenue of  € 510 million in 2017 and  EBIT margins in line with  other  asset - light  logistics operators. 

    The  acquisition  is  subject  to  regulatory  approvals  and  expected to be earnings accretive in the first full year  after completion. It  will be financed from  existing balance sheet resources and is  expected to close in 4Q 2018. 

    The  current operations of Unifeeder are  complementary to  DP World’s  existing business and provides  future growth opportunities. Unifeeder,  founded  in  1977 , is  an  integrated  logistics  company with  the  largest  and  best - connected  feeder and growing shortsea  network  in  Northern  Europe with  connectivity  to  approximately 100 ports . The company provides efficient and sustainable transport solutions  for international  container  shipping  lines  between  international  and  regional  ports  and shortsea  services  to  cargo  owners  with  fully  multimodal  door - to - door  solutions,  combining  seaborne  transportation  with  road  and/or  rail.  The  business  is  cash  generative  and  operates  on a  highly  flexible cost base.




2019 January 24

14:37 Polskie LNG terminal is ready for expansion
14:14 German Shipowners’ Association calls upon the EU to find solution for boat refugees in the Mediterranean Sea
13:54 DCT Gdansk terminal expands its fleet of STS and RTG cranes
13:12 “K”LINE awarded CDP’s “A List 2018” on climate change ―Earning highest rating “A” for three consecutive years
12:35 Cargo traffic via Murmansk Sea Fishing Port in 2018 remained flat Y-o-Y at 331,200 tonnes
12:11 COSCO SHIPPING Ports takes 60% stake in Chancay Terminal, Peru
11:36 SEA\LNG releases study revealing compelling investment case for LNG as a marine fuel
11:30 Icebreaker assistance period begins at the port of Primorsk (Leningrad Region) from January 25
11:12 GTT receives an order from DSME for the tank design of two new LNG carriers
11:06 Bunker prices are flat at the Far East ports of Russia (graph)
10:47 Monjasa's bunker tanker Accra supplies marine fuel in the Panama Canal
10:29 15 vessels escorted by icebreakers in eastern part of Gulf of Finland during 24 hours on January 23-24
10:04 Port of Gothenburg container volumes up by 17 per cent in 2018
10:00 Brent Crude futures price down 0.36% to $60.92, Light Sweet Crude – down 0.38% to $52.43
09:41 Wilhelmsen Ship Management selected as the manager for Pardus Energy’s FSRU
09:37 Matthieu de Tugny takes helm at BV's Marine & Offshore division
09:18 Baltic Dry Index is down to 982 points

2019 January 23

18:27 Planning for 2020 IMO's sulphur cap has already started
18:13 Eagle Bulk receives commitment for a new credit facility totaling $208 million
18:02 Port of Gdansk (Poland) throughput in 2018 totaled 49.03 million tonnes, up 20.7% Y-o-Y
17:40 Andrei Malyarov elected as Chairman of Severnaya Verf shipyard's BoD
17:19 RWE files acquisition of renewables businesses of E.ON and innogy with European Commission
17:03 The Board of Directors of Fincantieri appoints a second General Manager
16:51 Ice restrictions at the port of Arkhangelsk come into effect on February 15
16:37 USCG interdicts smuggling boat with convicted criminals aboard off Florida
16:24 Regulatory issues related to operation of seaport infrastructure facilities to be discussed at the 2nd HES and Dredging Congress
16:08 First discharge of LPG from Ichthys LNG Project in Japan carried by “K” LINE’s VLGC “GRACE RIVER”
16:03 CMA CGM to launch its Med Pendulum Service (MPS)
15:46 Ice restrictions at the port of Vyborg (Leningrad Region) come into effect on February 6
15:33 Nakilat – Keppel welcomes first FSRU at the Erhama Bin Jaber Al Jalahma Shipyard
15:28 MHI Vestas achieves final turbine installation at Horns Reef 3
15:18 Rolls-Royce completes €57 million upgrade of Rauma thruster facility
15:03 NYK announces delivery of new coal carrier for Hokkaido Electric Power
14:33 Port of Oakland reports more ships than ever plugging into grid
14:20 Throughput of Port Vysotsky up 10.7% to 7.89 million tonnes in 2018
14:03 Kiel welcomes the TUI Cruises newbuilding
13:45 Admiralteiskie Verfi shipyard lays down large freezing trawler of Project СТ-192
13:27 Coast Guard’s only heavy icebreaker arrives at Antarctica
13:02 Rotterdam as a circular hub for the raw materials transition
12:58 The Russian Federation accedes to passenger compensation treaty
12:51 New initiatives to strengthen Singapore as a global maritime hub announced
12:37 SCHOTTEL presents new mechanical hybrid propulsion solution
12:04 Port of Riga cooperates with Balarusian forest industry to further increase its timber cargo volumes
11:42 15 vessels escorted by icebreakers in eastern part of Gulf of Finland during 24 hours on January 22-23
11:16 OSG exercises option for second 204,000 barrel barge at Gunderson Marine
10:55 Maritime Security & Offshore Patrol Week 2019 to be held for the first time ever in Dubai, UAE by IQPC Middle East
10:37 N-KOM welcomes first FSRU at the Erhama Bin Jaber Al Jalahma Shipyard
10:20 Responsibilities for implementation of state programmes of the Russian Federation divided between Deputy Prime Ministers
10:06 Brent Crude futures price up 0.03% to $61.52, Light Sweet Crude – up 0.02% to $53.03
09:48 Aderco: Planning for 2020 has already started
09:43 Vympel Shipyard lays down yet another hydrographic vessel / buoy tender of Project 19910 for RF Navy
09:19 Baltic Dry Index is down to 1,036 points

2019 January 22

18:25 Elengy prepares the sale of access capacities to the Fos Tonkin LNG terminal for the period 2021-2030
18:05 Monjasa steps up as the 2nd largest local bunker supplier in the Panama Canal in 2018
17:54 Relampago practices skills with UAE Navy ship
17:35 CalMac takes over the tiller at Argyll Ferries
17:05 NYK gets the highest-rated ‘A’ for Climate Change by CDP Survey
16:42 RF Government proposed candidates to Novorossiysk Commercial Sea Port's BoD
16:23 Pilbara Ports Authority achieves a new record tonnage on a single tide at the Port of Port Hedland
15:56 Port of Rotterdam Authority and Rotterdam Port Promotion Council renew collaboration