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Feb 05, 2025

MOST RECENT NEWS

Hapag-Lloyd concludes green financing of 24 new ships

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Hapag-Lloyd will use green financings for the 24 large container ships it ordered in October 2024. The newbuildings will have a combined capacity of 312,000 TEU and involve a combined investment volume of around USD 4 billion.  The financing consists of four components. Around USD 900 million of the purchase price will be financed using the company’s own funds. A total of USD 500 million will be made available from two banks in the form of bilateral mortgage loans. Another part, in the amount of USD 1.8 billion, will be financed via three leasing structures, and USD 1.1 billion will be financed via a syndicated credit facility backed by the China Export & Credit Insurance Corporation (Sinosure). The financing share amounts to a total of around 80% of the investment volume, with maturities ranging between 10 and 18 years. The financing will be carried out on
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Scan Global Logistics expands into Tanzania

Scan Global Logistics (SGL) further strengthens its strategic position in East Africa by opening its first office in Dar Es Salaam, Tanzania, a major regional gateway. Access to the Port of Dar es Salaam offers SGL an advantage in serving landlocked countries such as Rwanda, Buru...

CMA CGM AIR CARGO partners with cargoone for digital booking

cargo.one, the leading digital air freight procurement and sales platform, announced that CMA CGM AIR CARGO's global capacity is now available for instant digital booking. As the air logistics division of CMA CGM Group — a global leader in sea, land, air, and logistics ...

ONE LX Pantos JV to strengthen domestic intermodal transportation

Ocean Network Express and LX Pantos are pleased to announce the successful completion of their joint venture, Boxlinks LLC  This strategic partnership will leverage the combined strengths of ONE and LX Pantos to provide end-to-end domestic intermodal transportation servic...

Hellmann acquires full ownership of HPL Apollo

Hellmann Worldwide Logistics has acquired all shares in HPL Apollo, its perishable logistics joint venture previously co-owned with Mercury Aviation. This strategic integration underscores the commitment Hellmann has to expanding its global footprint in the perishable market and ...

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