Danish ferry operator DFDS unveiled four strategic pillars as part of its efforts to achieve market growth in the next five years. The four strategy pillars include a mix of organic as well as structural initiatives, including acquisitions, while digitalization is high on the agenda.
In 2018, Baleària handled 4.320.000 passengers, an increase of 11% and 1.209.000 vehicles, an increase of 17% on its 23 routes with an overall of 1.109.000 on its five international routes. Cargo accounts for half of Baleària’s business, with a growth of 3.5%.
The British satellite communications company Inmarsat has agreed to a $3.4bn (£2.6bn) takeover by a group led by the private equity firms Apax and Warburg Pincus, becoming the latest UK technology business to be sold to investment companies.
Over 60% of banks surveyed in the ICC report Global Trade: Securing Future Growth have implemented, or are in the process of implementing, technology solutions to digitalise their trade finance operations. However, only 9% reported that the solutions implemented have reduced the time and costs in trade finance transactions.
Lessons Learned: Human cost of entering a flooding vessel too great a risk08/12/2019
MSC welcomes the first guests of its private island07/12/2019
Watch: India's four steps to become a shipping force06/12/2019
Port of London and Chiefton's captain not guilty for man's dronwing death06/12/2019
Increasing confidence on second industry meeting for IMO 202006/12/2019
IRClass and FMT agreed on advanced bulk carrier designs06/12/2019
- Green Shipping
Kuwait bans single-use plastic items onboard vessels06/12/2019
Manning, training and certification guidance for the offshore industry06/12/2019
DNV GL approves Hudong-Zhonghua largest gas-fueled vessel design06/12/2019
- Women in shipping
IMO commits on preserving the legacy of World Maritime Theme for 201906/12/2019