PRESS RELEASE
BentallGreenOak exceeds target with a €695 million final close of its European Core+ Logistics Fund
€695 million in commitments from institutional investors, exceeding initial target of €500m
Firm is one of the most active and best-established players in …

Salvage teams from the Netherlands and Japan are on their way to the stricken 20,388 teu Ever Given, which is still stuck fast in the Suez Canal, blocking the vital shipping artery.
Evergreen said today Japanese shipowner Shoei Kisen Kaisha …

Like its industry peers, Yang Ming saw profits soar in the final quarter of last year, recording a surplus of $343m, pushing full-year net profit to $405m.
Despite a 6.6% decline in liftings, to 5.1m teu, the Taiwanese carrier’s turnover …

Kerry Logistics Network’s freight forwarding division drove growth at the group, which saw core net profit in 2020 grow 33% to HK$3.32bn (US$234m).
Revenues rose 30% to HK$53.3bn, while its cash position grew some 45%, to HK$8.47bn.
Kerry’s International Freight …

The 20,388 teu containership Ever Given has been freed after grounding against the seawall of the Suez Canal, and traffic on the waterway is expected to resume once the vessel is towed to an anchorage for inspection.
An update at …

Forward Air has had a bumpy ride in recent months. In December, the trucking firm was the victim of a ransomware cyber-attack that hit its bottom line to the tune of $5.7m.
Management has also received heavy criticism from former …

Bangladesh’s Chittagong Port Authority (CPA) is set to quadruple storage charges for dangerous goods (DG) containers.
The aim is to encourage DG importers to clear their cargo while the port deals with rising volumes of hazardous materials.
The authority yesterday …