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15 September 2026

APA Group selects UGL for Sybella Creek solar and BESS project

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APA Group selects UGL for Sybella Creek solar and BESS project

Australian company APA Group has awarded CIMIC Group company UGL the contract to engineer, procure, construct and commission the Sybella Creek Solar Farm and Battery Energy Storage System (BESS) ...

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15 September 2026

US rail booming but all eyes remain on merger fight

Key takeaway: American freight railroads are in the middle of their strongest sustained run since before the pandemic. The industry is too busy fighting over a merger to notice. US freight railroads just posted their 22nd consecutive week of year-over-year traffic gains, and the reaction across the logistics trade has been roughly equivalent to a shrug. For the week ending September 5, total US rail traffic hit 533,545 carloads and intermodal ... The post US rail booming but all eyes remain on merger fight appeared first on The Loadstar .

Source: The LoadstarOriginal source

15 September 2026

ADES wraps up purchase of Saipem’s Saudi drilling business

Saudi oil and gas driller ADES has completed its acquisition of Saipem’s Saudi shallow-water drilling business. The two entered into the transaction in late June. Under the deal, ADES’s indirectly owned subsidiary, ADES Saudi Limited, acquired Saudi Arabian Saipem Limited for a total purchase consideration of $285m. Saudi Arabian Saipem Limited owns a fleet of …

Source: Splash247Original source

15 September 2026

Hapag-Lloyd sees up to US$500 million in synergies from ZIM deal

Hapag-Lloyd expects its proposed acquisition of ZIM to generate annual synergies of between US$300 million and US$500 million , according to CEO Rolf Habben Jansen. The German carrier also said discussions with authorities over the transaction have become significantly more intensive as it works to secure the necessary regulatory approvals. Hapag-Lloyd faces mounting Israeli opposition to $4. 2 billion ZIM deal Regulatory talks enter direct dialogue Hapag-Lloyd entered into a binding merger agreement with ZIM in February, and the transaction has already received shareholder approval. “We are working with the relevant regulatory bodies to obtain the necessary approvals.

Source: Container NewsOriginal source

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15 September 2026

DHL Group buys Open Market in Colombia

PRESS RELEASE DHL expands its capabilities in Colombia through acquisition of Open Market 09/15/2026, 02:00 PM CEST This strategic acquisition further expands DHL’s regional footprint and supports the execution of the Group’s Strategy 2030, reinforcing the ambition of growing in life sciences and healthcare logistic sectors by 2030. – With this acquisition, DHL Supply Chain expands its capabilities in transport, life sciences and healthcare and consumer sectors. – In line with DHL Group’s Strategy 2030, ... The post DHL Group buys Open Market in Colombia appeared first on The Loadstar .

Source: The LoadstarOriginal source

15 September 2026

Hormuz deadlock sends Gulf container rates to record highs

The collapse of Omani-led talks to resolve the Straits of Hormuz passage, which were due to take place in Salalah yesterday, will deal another blow to Middle East shippers now struggling with the highest container shipping costs on record. The US-Israel-Iran conflict is now into its seventh month and has effectively closed the Hormuz straits to container shipping services, with beleaguered importers in the Gulf region now seeing spot rates hit ... The post Hormuz deadlock sends Gulf container rates to record highs appeared first on The Loadstar .

Source: The LoadstarOriginal source

15 September 2026

Seoul revives long-haul crude freight subsidy

South Korea is reviving subsidies for long-haul crude imports from outside the Middle East, a move that could provide another boost to tanker tonne-mile demand as Seoul seeks to lock in the diversification achieved since the Iran war began. The Ministry of Trade, Industry and Energy said it will expand support for the freight differential …

Source: Splash247Original source