Valenciaport Financial Results Grow Past 8% Reaching Nearly €163m
Valenciaport closed the 2025 financial year with a net turnover exceeding €163m, marking an increase of over 8% compared to 2024. Announced by Mar Chao, president of the Port Authority of Valencia (APV), at the Board of Directors meeting, the consolidated pre-tax income reached over €43m, a 47.8% jump driven by cost containment and management […]
Cavotec Secures Shore Power Order for Southern California Cruise Terminal
Cavotec has won an order worth approximately EUR 1.5m to supply shore power equipment for a cruise terminal expansion project in Southern California, USA. The specialized shore power systems enable cruise ships to connect directly to the local electrical grid while docked. This technology significantly reduces environmental emissions and noise levels by eliminating the need […]
Asyad Group and CMA CGM Group Form Logistics Partnership in Oman
Oman’s integrated logistics provider, Asyad Group, and CMA CGM Group, have signed a Framework Agreement to develop, manage, and operate a new multipurpose logistics terminal in Sohar. The initial conditions agreement was finalized during the official visit of His Majesty Sultan Haitham bin Tarik to France, signaling enhanced economic cooperation between the two nations. The […]