Heliox signs framework agreement with MAN Truck & Bus SE

Heliox has signed a framework agreement with MAN Truck & Bus SE. Accordingly, MAN Truck & Bus, as part of its sales of battery-electric commercial vehicles, offers state-of-the-art charging infrastructure from Heliox in Europe. “Heliox is proud to partner with MAN Truck & Bus SE. We support MAN with the project planning and implementation of …

Bahri signs five-year framework agreement with Presidency of State Security

Bahri, a global leader in logistics and transportation, has signed a five-year framework agreement worth SAR 300 million with Saudi Arabia’s Presidency of State Security (PSS). Under the terms of this agreement, which encompasses various internal and external sea, air, and land transport and freight services, Bahri will serve as the official carrier for the …

Volvo Group and Daimler Truck AG form joint venture for large-scale production of fuel-cells

The Volvo Group and Daimler Truck AG have signed a binding agreement for a joint venture to develop, produce and commercialize fuel-cell systems for use in heavy-duty trucks as the primary focus, as well as other applications. The ambition of both partners is to make the new company a leading global manufacturer of fuel cells, …

Volvo Group and Daimler Truck AG team up in a joint venture

Sharing the Green Deal vision of sustainable transport and a carbon neutral Europe by 2050, Daimler Truck AG and the Volvo Group, have signed an agreement to establish a new joint venture. The intention is to develop, produce and commercialize fuel cell systems for heavy-duty vehicle applications and other use cases. Daimler will consolidate all …

CMA CGM completes first transaction relating to the sale of eight port terminals for USD 815 million in cash

The CMA CGM Group has announced the first closing of its agreement with China Merchants Port (CMP), with the sale of its stakes in eight port terminals to Terminal Link, 51% owned by CMA CGM and 49% by CMP. In line with the agreement announced on 20th December 2019, the first transaction represents USD 815 …

Abu Dhabi Ports to develop world’s first unmanned autonomous commercial tugboats

Abu Dhabi Ports announced the collaboration with a global commercial vessel designer and one of the world leaders in tug building industry, Robert Allan Ltd., to develop the world’s first fully unmanned autonomous commercial marine tugs. Once developed, the tugs will join SAFEEN, Abu Dhabi Ports’ maritime service arm, which maintains an expanding fleet of …

BOLLORÉ TRANSPORT & LOGISTICS CONFIRMS A CONCESSION CONTRACT FOR THE RO-RO TERMINAL IN PORT SAÏD

Bolloré Transport & Logistics, Toyota Tsusho Corporation (TTC) and Nippon Yusen Kaisha (NYK) have recently signed a concession contract with the Suez Canal Economic Zone for the future Ro-Ro terminal in Port Said, Egypt. The consortium plans to invest $150 million to develop and operate the Ro-Ro terminal. The project includes the acquisition of equipment and the development …