Aveva and IMI extend collaboration to accelerate maritime sector digital transformation in the Middle East and Africa

Aveva, one of the leaders in industrial software, and  International Maritime Industries (IMI), announced that they have extended their existing long-term collaboration with a new strategic partnership. The partnership will further advance IMI’s engineering solutions to include production and manufacturing processes, developing best-in-class products and services for the maritime sector in the Middle East and Africa …

DP WORLD AND CDPQ EXPAND GLOBAL INVESTMENT PLATFORM TO US$8.2 BILLION

DP World, a global infrastructure-led supply chain solutions provider, and Caisse de dépôt et placement du Québec (CDPQ), a global institutional investor, have announced the expansion of their ports and terminals investment through a new commitment of US$4.5 billion (CA$6 billion), that will increase the total size of the platform to US$8.2 billion (CA$ 10.6 …

Seaport expansion costs will greatly exceed sea-level rise adaption costs through 2050, new study shows

Seaport footprints will need to expand by up to 3,689 square kilometers (1,424 square miles) worldwide in the next three decades to cope with the combination of sea-level rise and rising demand, according to a new study published in Earth’s Future, a peer-reviewed scientific journal focusing on climate change and future sustainability.  The new study modeled trade growth …