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DP World buys into major port in Peru

Dubai-based DP World has acquired Peruvian logistics company Cosmos Agencia Maritima for a total of USD 315.7 million. The acquisition provides DP World with ownership of 50 percent of the second-largest container terminal in Peru.

London Gateway
En af DP Worlds andre havne, London Gateway. Photo: London Gateway

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How sulfur regulations prompted a Norwegian analyst to switch jobs

Torbjørn Kjus is especially known for having predicted the oil price plunge a few years ago as an analyst at DNB Markets. Now, he has stepped down from his role in the Norwegian bank to assume a fund manager position, where he will manage deals in the wake of new global sulfur regulations.

Freight forwarder Scan Global aims to double revenue

Within the next few years, the freight forwarder Scan Global Logistics' top line should be doubled, says Group CEO Allan Melgaard to ShippingWatch. Recently, the company has announced several expansions of the business.

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