Sennder enters partnership with FinTech JITpay™

Sennder, Europe’s leader in the digitalization of road freight transport and JITpay™, a German-based FinTech provider of accounting, claims management and financing solutions to the logistics sector, jointly announce a new strategic and commercial partnership. Through this partnership, the two companies have developed a new invoice-factoring product for carriers in Germany and Poland that simplifies …

AAL delivers giant cable carousel for a US$2 billion offshore clean energy project

AAL Shipping has recently delivered a cable carousel measuring 23m in diameter (73m circumference) to Jan De Nul Group, for the Formosa 2 offshore wind farm project, 9.5 km off the coast of north-west Taiwan. The cargo was loaded in Jebel Ali and transported on deck of the 19,000 dwt heavy lift (HL) multipurpose vessel AAL Nanjing to the …

Ports of Normandy installs new guiding system worth €12M

Ports of Normandy launched the first stage of works on Ouistreham’s outer harbour, installing a guiding structure that would meet the new standards for global maritime traffic and enable wider ships (24 to 27.4 m wide) to travel through the locks at Ouistreham. The works cost €12M (€10M financed by Ports of Normandy and €2M …

P&O Ferrymasters strengthens its presence in Turkey

P&O Ferrymasters plans to open five new offices across Turkey over the next two years as it continues the expansion of its pan-European logistics services into Asia. In addition to its existing base in Istanbul, P&O Ferrymasters will open offices in Izmir on the Aegean coast, the capital city Ankara, Mersin on the south coast, …

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 …