
NSG becomes GAC’s second Swedish ship agency acquisition in 2022
GAC Group has acquired Finland-based ESL Shipping’s Swedish subsidiary Norra Skeppningsgruppen (NSG), marking the second Swedish ship agency purchase by GAC this year.
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GAC Group has acquired Finland-based ESL Shipping’s Swedish subsidiary Norra Skeppningsgruppen (NSG), marking the second Swedish ship agency purchase by GAC this year.

AD Ports and Invictus have signed an agreement with the Government of the Republic of Sudan for the right to develop, manage, and operate port and economic zone assets in Sudan.

Diana Shipping has extended the time charter contract with SwissMarine, Singapore, for one of its Post Panamax dry bulk vessels, the mv Alcmene.

The Association of American railroads has released a weekly rail traffic report.

Trelleborg has launched its latest fixed-installed piloting unit, SafePilot P3, in response to the Panama Canal Authority requiring a new positioning system for Neopanamax vessels.

Asyad Shipping has announced that it has opened the company’s first international office in Singapore.

Ocean Yield AS has agreed to acquire up to 10 Newcastlemax dry bulk newbuildings for a total consideration of up to US$576 million net of seller’s credits.

Diana Shipping has announced the delivery of the ultramax dry bulk vessel, m/v DSI Pegasus.

The AAR have released a rail traffic update November.

Transnet Freight Rail (TFR) has lifted the force majeure imposed on the export coal line in South Africa following the derailment of a 97 fully laden coal train.

Horizonte Minerals has entered into two long-term port agreements for its Araguaia Nickel Project in Brazil, securing the import of raw materials and the export of its final nickel product.

Costamare has established a new dry bulk operating platform with a team of experienced professionals, who will join Costamare in investing in the new venture.