PD Ports has announced that Pontegadea Inversiones has agreed to acquire a 49% equity stake in the company from Brookfield Asset Management, subject to customary regulatory approvals.

Brookfield will retain a majority interest and continue as a long-term shareholder, partnering with Pontegadea to support the sustained growth and development of PD Ports.

As a key economic engine in the UK, PD Ports contributes US$1.89 billion annually to the Teesside economy, supporting over 22,000 supply chain jobs and employing more than 1,400 staff across 11 sites nationwide.

As the Statutory Harbour Authority for the River Tees, the company plays a vital role in ensuring safe and efficient navigation, fostering regional economic development, and building a lasting legacy for future generations.

Frans Calje, CEO of PD Ports commented that this investment reflects strong confidence in their long-term strategic vision.

Pontegadea, a globally diversified investment firm, holds a portfolio spanning real estate, retail, energy transition, and infrastructure. This transaction aligns with Pontegadea's strategy to expand its footprint in innovative infrastructure projects through partnerships with established global players.

The firm brings significant experience in managing scaled businesses and holds strategic stakes in companies such as Inditex, Enagas, REN, Redeia, and Q-Park.

Business leaders are responding positively to the EU initiative merging the Rhine-Alpine and the North Sea-Mediterranean corridors.

They describe it as a “long overdue” decision that could help to ease congestion across the continent’s barge, rail, and road infrastructure.

Due to commence early next year, the alignment of the routes into a single corridor will follow a plan expected to add 10 ports to the network, including Antwerp and Rotterdam, both having struggled with years of inland congestion.

One European rail operator told: “The EU initiative creating the corridor is long overdue. The good news is that it avoids the SNCF network, but let there be no misunderstanding, there are still plenty of challenges.

“Its success will all very much depend on the financing. If the financing is scattered and time-limited, it will become a ‘white elephant’. That means that it will develop as long as the money keeps coming. When the financing stops, the project will perish silently.”

Under the initiative, more than 12,150km of track will be linked into the corridor, which will stretch across seven countries – Belgium, France, Germany, Italy, Luxembourg, the Netherlands, and Switzerland.

Port of Antwerp-Bruges CEO Jacques Vandermeiren said efforts to relocate more cargo through the hinterlands via rail would also help to remove cargo from the continent’s road network, working towards its green pledge.

For its part, Belgium has been keen to bolster its railfreight volumes, with plans in place to increase the rail share through Antwerp to 15% by the start of the next decade, in contrast to the neighbouring Netherlands, which is experiencing declining volumes

Premium beverages from around the world are gaining traction across China, thanks to the logistics expertise of Gebrüder Weiss. The international transport and logistics company is supporting Jebsen Group's expanding beverage business through a full suite of warehousing and distribution services, helping bring popular brands like Bundaberg Ginger Beer, Fiji Water, and Vita Coconut Water to retailers and e-commerce platforms nationwide.

"Thanks to Gebrüder Weiss's modern supply chain infrastructure and professional team, we've been able to significantly expand our market position," said Gary Chan, Head of Supply Chain, Beverage at Jebsen.

The collaboration between the two companies began in 2017, when Gebrüder Weiss supported Sanyi Wine Trading's launch of Bundaberg in China. Jebsen acquired Sanyi in 2022 and has since focused its efforts on scaling up premium beverage distribution. The logistics provider now handles more than 2,700 orders per year.

At the company's 4,000-square-meter logistics facility in Shanghai, specialized professionals ensure seamless operations. The warehouse was recently certified at Security

Level 3 for meeting high safety standards. Services include temperature- and humidity-controlled storage, order processing using the First-In-First-Out (FIFO) method, expiry date monitoring, labeling and packaging, as well as inventory management.

"The beverage market in China is fast-paced and highly demanding. Our goal is to work closely with the Jebsen team to develop tailored solutions and respond flexibly to changing needs," said Yongquan Chen, General Manager, Gebrüder Weiss China.

Kundzinsala, the fastest-growing area of the Port of Riga, is undergoing a major transformation into a leading center for sustainable energy, modern manufacturing, and smart logistics.

Over the coming years, at least seven new companies including cargo terminals, logistics centers, energy firms, and advanced manufacturing plants are expected to commence operations in the area, creating nearly 800 new jobs and attracting investments exceeding €500 million.

A major milestone in this transformation is the construction of the Baltic States' first renewable fuel production facility for hydrotreated vegetable oil and sustainable aviation fuel. Spearheaded by Amber Flow Fuels, the €120 million project will create 120 highly skilled jobs and is scheduled to begin production in 2027.

The Port of Riga is also advancing an offshore and onshore wind technology manufacturing complex in northern Kundzinsala.

Backed by co-financing from the European Regional Development Fund and the Latvian government, this project is set for completion by 2029. Once operational, it is expected to generate €160 million in exports annually, create 650 jobs, and contribute €7.8 million in annual tax revenue.

Kundzinsala is also playing a pivotal role in Latvia's national security and NATO operations, serving as a logistics and military mobility hub. Infrastructure upgrades co-financed by the European Climate, Infrastructure and Environment Executive Agency have strengthened road, rail, and quay access to the Adazi military base.

To support increased traffic and reduce urban congestion, a new traffic overpass connecting Sarkandaugava to Kundzinsala is under construction, funded in part by the EU Cohesion Fund.

Kundzinsala is also becoming a digital logistics leader. One of Europe's most advanced port control points is currently being developed, featuring six traffic lanes, digital cargo data integration, machine vision for vehicle and person identification, and real-time integration with national control service systems.

This initiative is a key step in building a digitized, automated logistics ecosystem.

Today, Kundzinsala handles 72% of all sea containers in Latvia, serving as the core container logistics center of the Port of Riga. Of the nine companies currently operating in the area, six are involved in containerized cargo.

Many of them are now expanding their facilities with new cargo yards and warehouses to meet rising demand for bulk storage and container capacity.

Ansis Zeltins, CEO of the Freeport of Riga, reinforced this strategic vision saying that as ports have always been national assets and today, the Port of Riga is an engine of economic security.

A new industry report backed by maritime tech company Danelec is putting a spotlight on a major blind spot in ship operations: outdated data practices. According to the study, over 70% of vessels still rely on once-daily "noon reports" for performance monitoring, despite the widespread availability of real-time data solutions that can dramatically improve fuel efficiency and operational awareness.

Titled From Data to Action, the report outlines how this lack of continuous insight could be costing the global fleet millions in fuel costs. A case study included in the findings revealed one crew unknowingly burned through an extra US$4,300 in fuel on a single voyage, an inefficiency that could have been identified and addressed with live data.

"A single noon report might tell you what happened yesterday, but it can't help you make smarter decisions in real time. If you only check your vessel's vitals once every 24 hours, you're operating with blind spots," said Casper Jensen, CEO, Danelec.

The report estimates that vessels equipped with High-Frequency Data (HFD) systems could save as much as 29.7 metric tons of fuel per month, amounting to nearly 9,000 tons over a ship's lifetime. That translates to millions in savings, alongside substantial reductions in emissions.

The pressure isn't just coming from the engine room. Charterers are increasingly looking for proof of performance and transparency, and fleets using live data are in a stronger position to meet those expectations, secure better charter rates, and avoid costly disputes.

"High-Frequency Data doesn't just enhance performance, it builds trust, reduces fuel waste, and unlocks new operational strategies," added Jensen.

DP World has entered into a landmark 30-year concession agreement with Syria's General Authority for Land and Sea Ports to develop and operate the Port of Tartus.

This long-term partnership marks a significant milestone in Syria's economic recovery, aiming to transform Tartus into a strategic regional trade hub linking Southern Europe, the Middle East, and North Africa.

Under the terms of the agreement, DP World will invest up to $800 million over the concession period. The investment will be directed toward modernizing the port's infrastructure, deploying advanced cargo-handling equipment, and implementing digital solutions to enhance operational efficiency across both container and general cargo terminals.

Structured as a Build-Operate-Transfer model, the project will be fully owned and operated by DP World during the concession term.

Sultan Ahmed bin Sulayem expressed his belief that Tartus has significant potential to become a key trade gateway and we are proud to support Syria's re-entry into regional and global markets.

Qutaiba Ahmed Badawi, Chairman of Syria's General Authority for Land and Sea Ports, commented that modernizing the Port of Tartus will not only strengthen the trade capacity but also contribute to national economic growth and job creation.

Its strategic location complements existing maritime corridors through the Bosporus and the Suez Canal. The port's redevelopment will support a wide range of cargo operations, including containers, breakbulk, roll-on/roll-off, and general cargo.

As part of its broader vision, DP World will also explore the development of free zones, inland logistics hubs, and regional transit corridors in collaboration with local stakeholders, contributing to Syria's economic diversification and integration into the global trading system.

The Port of Tartus initiative expands DP World's footprint in the Middle East and aligns with its mission to foster sustainable economic growth through trade.

U.S. President Donald Trump escalated his trade offensive on Thursday, announcing a sharp increase in tariffs on Canadian imports and hinting at sweeping duties for other global trading partners.

Starting August 1, the U.S. will impose a 35% tariff on Canadian goods, with Trump warning of further increases if Canada retaliates. In a letter released via his social media platform, Trump informed Canadian Prime Minister Mark Carney of the move, citing frustrations over trade imbalances, agricultural barriers, and drug trafficking.

Trump accused Canada of failing to curb the flow of fentanyl into the U.S. and maintaining trade practices that harm American dairy producers and other industries. He framed the trade deficit as a national security risk.

"If Canada works with me to stop the flow of fentanyl, we will, perhaps, consider an adjustment to this letter," Trump wrote.

Canadian officials pushed back, saying fentanyl flows from their country are minimal and that border enforcement has been strengthened in recent years.

Trump also revealed plans to impose blanket tariffs of 15% to 20% on most other U.S. trading partners, with few exceptions. "Not everybody has to get a letter. You know that.We're just setting our tariffs," Trump said in an interview.

The news has sparked concern in global markets, especially in Europe. "The potential escalation between the EU and the U.S. is a big deal for financial markets," said Joseph Capurso, head of international economics at the Commonwealth Bank of Australia. "If you get something similar to the U.S.-China trade war, that's going to be very destabilizing."

Analysts now watch closely for a potential response from Canada and the EU as fears grow over a broader resurgence in global trade tensions.

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Global Energy Storage Group (GES) has announced the completion of the sale of its Rotterdam terminal to Tepsa, a European operator specializing in bulk liquid and gas storage. The facility, located in the Europoort area of the Port of Rotterdam, includes 212,000 cubic meters of tank storage and around 18 hectares of development land.

The sale marks a strategic move for GES, which is shifting its focus toward expanding operations in Asia. The company highlighted its terminal in Port Klang, Malaysia, as the central hub of its growth plans in the region, where demand for storage of chemicals, biofuels, and emerging energy products continues to accelerate.

"This was the right time to realise value from our Rotterdam asset," said GES CEO Peter Vucins. "Our attention is now fully on Asia, and Port Klang is at the core of that vision.

We're grateful to our Rotterdam team and customers for maintaining a safe and reliable operation throughout our tenure."

The sale also signifies GES's exit from the Dutch market, with no remaining assets in the Netherlands. Backed by investors Bluewater and White Deer, the company continues to target long-term development in fast-growing energy hubs across Asia.

The latest China-Europe (Shanghai) freight train operated by Orient International Co., Ltd recently departed from Minhang Railway Station. This train full of Chinese new energy cars will leave the country via Alashankou Port and travel to Duisburg, Germany. The train carries 90 BYD Seagull cars with a total weight of approximately 125 tonnes and a total value of over RMB 8 million, and is expected to arrive at its destination in about two weeks. This is the first time that China Europe Freight Train (Shanghai) has operated a special train for new energy vehicles.

Rail transport between China and Europe is 40 per cent faster than sea transport, which will help China’s new energy vehicles respond more quickly to market demand in Europe and reduce logistics costs, making them more competitive in terms of price and supply chain stability.

As the world’s second largest consumer market for new energy vehicles, Europe’s demand for Chinese electric vehicles, batteries and other products is growing rapidly. The operation of the China-Europe New Energy Vehicle Freight Train opens up a new efficient and stable channel for Chinese new energy vehicles, as they can quickly reach the European hinterland by rail and seize the market opportunities.