Trade & Deals

• Integrated Rail and Road Networks to Boost Egypt’s Logistics Sector.
• New Dry Port Project to Link Red Sea and Mediterranean Seaports.
• Minister El-Wazir Highlights the Importance of Industrial Zone Connectivity.

The Egyptian Ministry of Transport has collaborated with Swiss logistics company MEDLOG to provide funding, design, construct, operate, and maintain a new domestic dry port and logistics centre in the 10th of Ramadan City. Public Authority sealed the deal for Land and Dry Ports head...

https://mfame.guru/egypt-signs-agreement-with-medlog-for-dry-port-and-logistics-centre/

• Supporting Saudi Arabia’s Vision 2030: Enhancing Port Operations.
• Four Major Saudi Ports to Benefit from Lloyd’s Register Expertise.
• ISO Certification and Environmental Standards for Saudi Ports.

Lloyd’s Register (LR) has won a significant contract from the Saudi General Ports Authority, Mawani, to help in the development of management systems in preparation for certification at four key Saudi ports. This collaboration is to heighten operational efficiency, strengthen excellence, and further...

https://mfame.guru/lloyds-register-and-mawani-join-forces-to-boost-saudi-ports/

• DP World partners with Gemini Cooperation to introduce enhanced container services at the Ports of Vancouver, Prince Rupert, and Saint John, starting February 2025.
• Strengthens trade connections between Asia, Europe, and North America.
• Predictable schedules with a 90% on-time target and improved supply chain resilience.
• Expanded capacity with new cranes and enhanced terminal facilities.

DP World, a global leader in logistics and supply chain solutions, has announced a transformative...

https://mfame.guru/dp-world-gemini-partner-to-boost-canadian-cargo/

• Navig8 Joins ADNOC L&S to Strengthen Energy Maritime Logistics Operations.
• ADNOC L&S Expands Fleet and Service Portfolio with Navig8 Acquisition.
• Navig8’s Global Fleet and Market Reach Enhance ADNOC L&S’ Capabilities.

Navig8 TopCo Holdings Inc. has, under the acquisition terms, become a subsidiary wholly owned by the global energy maritime logistics leader ADNOC Logistics and Services plc, also known as ADNOC L&S. The acquisition was finalized on 8 January 2025, in which ADNOC L&S will enhance...

https://mfame.guru/adnoc-ls-acquires-navig8-to-strengthen-global-energy-maritime-logistics/

• Orient Adventurer Joins DeepOcean Fleet for Global Subsea Operations.
• DeepOcean to Enhance Offshore Wind and Energy Capabilities with New Vessel.
• Charter Agreement Signed for Orient Adventurer, Starting Early 2026.

DeepOcean, an ocean services provider, has secured a charter contract for the high-spec subsea vessel Orient Adventurer. Under the agreement with Dong Fang Offshore (DFO), the vessel will join DeepOcean’s fleet from early 2026 through to the end of 2027, with options for up to four...

https://mfame.guru/deepocean-signs-charter-contract-for-high-spec-subsea-vessel-orient-adventurer/

The Arab Shipbuilding and Repair Yard Company (ASRY) has signed a strategic agreement with the Arab Maritime Petroleum Transport Company (AMPTC) to provide docking and maintenance services for AMPTC’s fleet of tankers operating in the region.

The agreement was formalized during a meeting attended by:

• Engineer Adel Aljasem, Chairman of the Board.
• Dr Ahmed AlAbri, ASRY’s Chief Executive Officer.
• Mr Hocine Boudia, AMPTC’s Director General.
  Senior officials from both...

https://mfame.guru/asry-and-amptc-forge-partnership-for-tanker-maintenance-and-docking-services/

Euroseas Ltd., a leading owner and operator of container carrier vessels, has made several important announcements, according to Euroseas.

• Charter Extension: Euroseas announced an extension to the charter of its older feeder containership, M/V Aegean Express, for a period of 10 to 12 months at a daily rate of $16,700.
• Spin-Off of Older Vessels: The company intends to spin off three older vessels, including M/V Aegean Express, into a separate company named...

https://mfame.guru/euroseas-extends-charter-plans-to-spin-off-older-vessels/

https://mfame.guru/crowley-expands-harbor-services-with-acquisition-of-main-line-inc/

Yangzijiang Shipbuilding Group has entrusted TMC Compressors (TMC) to deliver energy-efficient Smart Air compressors for six dual-fuel container vessels being built for Maersk. These vessels mark a significant step in Maersk’s green transformation journey, aiming to achieve net-zero emissions by 2040.

• TMC’s Contribution:
  • TMC will supply a marine compressed air system based on Smart Air compressors, which promise up to 40% energy savings over conventional systems.
  • The system...

https://mfame.guru/yangzijiang-shipbuilding-contracts-tmc-compressors-for-maersks-green-container-vessels/

Samsung Heavy Industries, a major South Korean shipbuilder, faces challenges due to labor shortages and limited dock capacity. To address these issues and meet growing demand, they’ve strategically decided to outsource the construction of four Suezmax tankers to Chinese shipyards. This decision comes after a prolonged shipbuilding slump that began in 2016. The industry’s rebound post-COVID has led to a surge in orders, but the skilled workforce hasn’t grown at the same pace, reports Business...

https://mfame.guru/samsung-outsources-suezmax-tanker-construction-to-china/