DP World announces it has been named the Official Logistics Partner of the Porsche Formula E Team in the ABB FIA Formula E World Championship, following its debut of the multi-year partnership earlier this season.

First activated at the Madrid E-Prix in March, the collaboration brings together two global brands united by precision, innovation and a shared commitment to a more sustainable mobility. It reinforces DP World’s automotive logistics expertise – from inbound components and EV battery handling to finished vehicle distribution - enabling resilient, end-to-end supply chain solutions. The partnership also reflects DP World’s broader investment in decarbonising global trade, from deploying renewable energy to electrifying equipment across its operations.

Beat Simon, Group Chief Commercial Officer and Chief Operating Officer, Logistics of DP World, said: “At DP World, our partners reflect our commitment to performance, precision and innovation - and Porsche Motorsport embodies engineering excellence at the highest level. This partnership builds on our existing relationship with Porsche, including smart logistics support for the Leipzig production centre, and provides a global platform to strengthen customer relationships and celebrate innovation in electric mobility.”

“We are delighted to welcome DP World as Official Logistics Partner of the Porsche Formula E Team,” said Thomas Laudenbach, Vice President Porsche Motorsport. “Competing at the highest level of global motorsport demands precision, reliability and seamless coordination across every race on the calendar. DP World’s expertise in smart end-to-end logistics and their global footprint make them a strong partner for our Formula E programme. Together, we aim to combine high-performance engineering on track with operational excellence behind the scenes.”

This weekend, May 2nd and May 3rd, marks the Berlin E-Prix, a race for Porsche on home soil in Germany and a key market for DP World that reflects its automotive logistics expertise.

From São Paulo to London, the ABB FIA Formula E World Championship has a global calendar of city-centre races showcasing electric vehicle technology and sustainable innovation. The collaboration strengthens DP World’s global sports portfolio, which includes McLaren F1, SailGP, the DP World Tour, the Ryder Cup, the International Cricket Council and Yamaha Factory Racing, supporting brand visibility and customer engagement worldwide.

The Board of Directors of the Valenciaport Authority (VPA) has today approved an eight year extension of the concession held by APM Terminals Valencia, subject to a new investment commitment exceeding €10 million aimed at improving the terminal’s productivity, energy efficiency and environmental performance.

With this extension, the concession will run until 2049, reaching the maximum ordinary extension of 50 years permitted under Spanish port legislation.

The extension responds to the additional investments proposed, which exceed 20% of the investment initially envisaged in the concession and meet the requirements of the Spanish Ports and Merchant Marine Act for this type of substantial modification. APM Terminals’ concession in Valencia began in 1999 and has been extended sequentially over time, now reaching the ordinary maximum term of 50 years.

The main initiative envisaged is the electrification of the Levante Quay through the installation of the first Onshore Power Supply (OPS) system, one of four that APM Terminals plans to deploy in Valencia. This first phase will include the power delivery centre and the transformation and conversion substation required for its operation, in line with the European port decarbonisation targets for 2030 promoted by the VPA, as well as APM Terminals’ ambition to reduce emissions from its operations by 70% by 2030 and to achieve net zero emissions by 2040. The APM Terminals project is part of the OPS Valenciaport initiative, led by Fundación Valenciaport and co-financed by the European Union through the CEF Transport programme.

The investments in Valencia are part of APM Terminals’ global strategy for decarbonisation and value proposition to port authorities. “Decarbonisation extends beyond the terminal fence. Therefore, APM Terminals does not only focus on our own operational emissions but works globally to support solutions that reduce emissions across the terminal ecosystem, including those of our customers. This investment plan for Valencia is a great example of what that can look like and how we work with port authorities to find the best solutions for their port.” says Tim Miltenburg, Head of Decarbonisation Center of Excellence at APM Terminals.

The second investment focus will enable the adaptation of the Levante Quay fenders to accommodate large vessels – E class and EEE class – operating under the Gemini Cooperation, in which Maersk and Hapag Lloyd participate. This upgrade is critical to serving Asia–Mediterranean services requiring draughts of up to 16.5 metres.

“The support of the Valenciaport Authority’s Board of Directors for this extension allows us to move forward with investments that strengthen the sustainability and operational capacity of the terminal, thereby increasing competitiveness and reinforcing the Port of Valencia as a strategic hub on major global shipping routes,” said Julián Fernández, Managing Director of APM Terminals Spanish Gateways, who underlined that the works will be planned to ensure compatibility with the terminal’s commercial operations.

Business group Logistics UK has made three internal appointments to support the organisation’s work in representing its members and the whole of the logistics sector.

Michelle Gardner, formerly deputy director of policy, has been appointed to the new position of Chief of Staff, to provide strategic advice and day to day management to Chief Executive Ben Fletcher, who joined the organisation in December 2025.

“Michelle is a highly trusted member of our senior management team,” explains Mr Fletcher, “and is committed to delivering efficiencies and driving focus throughout the business as we continue to expand the organisation’s reach and impact. Her new role will see her identifying opportunities for growth, as well as supporting me as I take the business into its next phase. I would like to congratulate her on her success.”

Formerly deputy director of public affairs, Ben Garratt steps into the role of interim policy and communications director, with a focus on enhancing the organisation’s influence while leading its policy, insight, communications and marketing functions. Garratt takes over from Kevin Green, who left the business in early January.

Meanwhile, Katia Yakovleva’s role has been expanded from deputy director of events to interim deputy director of engagement and membership, which will see her develop the organisation’s strategy for optimising member engagement across the business, while continuing to lead its high-quality programme of conferences. She will work closely with commercial director Jerry Kane and head of membership Al Richardson, who remain responsible for membership management.

“Logistics UK has a fantastic reputation for the work we do for and with our members,” says Mr Fletcher, “and I am keen to ensure that we build on that, championing our sector and working with policy makers to embed it as central to economic growth across the UK. In such a fast-paced, constantly changing industry, it is vital that we are able to react quickly to the needs of those we represent and ensure our advocacy for them is focused and impactful. These appointments will enable us to achieve more for our members, which is our ultimate goal in everything we do.”

DP World today announced the continuation and expansion of its long-standing partnership with the Tulsi Chanrai Foundation (TCF), confirming a new investment of US$500,000 to support the extension of the TCF Eye Hospital in Abuja, Nigeria, bringing its total cumulative investment in the project to US$1.5 million.

The investment marks a significant milestone in DP World’s commitment to creating meaningful and sustainable impact in the communities where it operates. Since the beginning of the partnership in 2019, DP World and TCF have worked together to combat avoidable blindness, a major public health challenge affecting thousands of Nigerians each year.

Mohammed Akoojee, CEO & Managing Director, DP World Africa, said: “Access to quality eye care is not only a health priority, it is a social and economic imperative. Through our partnership with the Tulsi Chanrai Foundation, DP World is committed to restoring sight, dignity and opportunity for thousands of individuals and families across Nigeria. The impact achieved at the Abuja Eye Hospital demonstrates what is possible when purpose driven organizations collaborate to deliver sustainable, long-term change.”

This collaboration is delivered under TCF’s Mission for Vision programme, through which DP World partners with the Foundation to ensure the provision of high quality, affordable eye care services for underserved and vulnerable populations. The TCF Eye Hospital in Kukwaba, Abuja, offers comprehensive services including cataract and glaucoma surgeries, pediatric ophthalmology, low vision care, and extensive community outreach programmes. A cornerstone of the hospital’s operating model is its cross-subsidy approach, whereby revenue from paying patients supports free treatment for those unable to afford care, ensuring both equity and long-term sustainability.

Since the launch of the partnership, the results have been transformative: 60,000 eye operations carried out at the Abuja Eye Hospital since 2019, 63% of which were provided free of charge; Extensive outreach programmes within a 100 kilometers radius of Abuja, offering free screening, transportation, surgery, medication, and post-operative care. 

Supported by DP World’s new USD 500,000 investment, the TCF Eye Hospital will undergo significant expansion, which includes increasing bed capacity from 82 to 160. In due course of time, a training institute dedicated to developing local ophthalmic and paramedical professionals is also being planned.

This next phase will enhance the hospital’s ability not only to treat a growing number of patients, but also to build long term national capacity in eye care delivery.

Jagdish M. Chanrai, Chairman of the Tulsi Chanrai Foundation, said: “Our vision has always been to eliminate preventable blindness by ensuring that quality eye care is accessible to all, regardless of economic circumstance. DP World’s continued support enables us to scale our impact, strengthen local capabilities, and reach more communities with sustainable eye care solutions. Together, we are building a model that restores sight today while securing better healthcare outcomes for the future.”

In Nigeria, DP World operates across logistics, market access services and freight forwarding contributing an estimated US$ 6 billion to the economy in FY2022–FY2023, as quantified in independent analysis by Accenture.

CEVA Logistics, a global leader in third-party logistics, has renewed its contract with the world’s largest dedicated online supermarket retailer, Ocado Retail.

This reinforces their successful relationship and supports the online retailer’s continued growth in the UK.

The renewed agreement will see CEVA continue to operate as a national consolidation centre for Ocado Retail. CEVA will manage the bulk storage of ambient products and distribute approximately to all seven of Ocado Retail’s Customer Fulfilment Centres (CFCs), which dispatch end-customer orders.

Ocado Retail’s volumes through CEVA have grown significantly year-on-year. To accommodate this increase, CEVA has reconfigured its warehouse design at its Kettering facility to process changes in pallet configuration and changes in SKU profile, significantly increasing storage capacity while maintaining impeccable service continuity.

As part of the renewal process, CEVA successfully delivered a major operational optimisation programme, including a redesigned warehouse management system (WMS), new pick-face implementation, enhanced replenishment processes and updated put away logic. These improvements have increased outbound efficiency while maintaining full service levels throughout the transition.

CEVA’s Kettering facility now provides Ocado Retail with greater stock cover, stabilising and increasing product availability for end customers and enabling the business to manage peak trading periods year-round.

CEVA’s role as a consolidation centre allows Ocado Retail to optimise its CFC operations, ensuring consistent product flow, improved network efficiency and the scalability required to support long-term growth.

Tim Walker, Supply Chain Director, Ocado Retail, said: “We trust CEVA Logistics to support our growth, consistently adapting to our evolving operational requirements. The team’s ability to implement major system and layout changes while maintaining service has supported in improving efficiency and helped ensure product availability.”

Mike Weaver, managing director, Contract Logistics, CEVA Logistics, said: “This contract renewal reflects the tangible value delivered through our responsive logistics solutions. By combining operational excellence, continuous improvement and scalable infrastructure, we enable Ocado Retail to meet rising consumer demand. We look forward to further developing this successful partnership.”

IMO Legal Committee approves first international guidelines to deter maritime fraud and misuse of flags.

​IMO's Legal Committee met from 13 to 17 April 2026 at IMO headquarters in London.

The International Maritime Organization’s Legal Committee has approved a new set of guidelines to improve transparency and due diligence in ship registration, as well as prevent fraudulent registrations and misuse of flags.

The guidelines help to close a key regulatory gap for the maritime industry, given there is currently no binding international framework to regulate the registration of ships.

The newly approved Guidelines will assist new and existing flag State ship registries by providing practical measures to strengthen verification and due diligence, ensure accurate ownership records, and improve oversight of registration procedures.

Closing the 113th session of the Legal Committee held in London (13-17 April), IMO Secretary-General Mr. Arsenio Dominguez said: “This is a welcome step towards ensuring due diligence in ship registration systems for the benefit of safety, protection of the marine environment and the well-being of seafarers, essential for the safety and security of international shipping. The Guidelines will also aid in eliminating cases of fraudulent registration.”

The Legal Committee noted that the number of ships flying a false flag had increased since the previous session in 2025, with 529 ships falsely flying the flag of a country in the past year. Nearly 40 Member States had seen cases of their flags being fraudulently used by criminal groups without their knowledge or consent.

The Guidelines focus on: Legislation governance and control on who can perform registration of ships; Procedures for quality assurance in ship registration; Due diligence on ownership and ship identification; Due diligence on ship identity and eligibility checks; Information sources and information sharing.

The Committee also took decisions on the following issues:

The Committee re-established a correspondence group to continue working on the Regulatory Scoping Exercise to review IMO conventions and other tools available to Member States, with the aim of developing actions to prevent unlawful operations, including substandard shipping. The correspondence group will develop terms of reference for a working group to be convened at the next session to focus on the issue.

The Committee strongly condemned the threats and attacks against vessels in the Arabian Sea, Sea of Oman and the Gulf Region, particularly in and around the Strait of Hormuz.

The Committee strongly condemned the Islamic Republic of Iran's threats related to the laying of mines in and around the Strait of Hormuz, in particular the Traffic Separation Scheme (TSS). It further condemned the reported toll system for vessels passing through the Strait of Hormuz and the discriminatory measures imposed by the Islamic Republic of Iran, which were contrary to the purposes of IMO.

The Committee affirmed that the Islamic Republic of Iran's actions were contrary to the right of transit passage, which must not be impeded, through the Strait of Hormuz in accordance with international law.

The Committee noted with alarm that from 1 January to 31 December 2025, a total number of 410 new cases had been reported on the joint IMO/ILO database on seafarer abandonment, affecting more than 6,000 seafarers. These figures excessively surpass all the previous years' record of reported cases. In 185 reported cases, there was no obligatory financial guarantee.

In addition, from 1 January 2026 a further 103 abandonment cases have already been recorded on the joint ILO/IMO database.

The Committee urged Member States to ratify the Maritime Labour Convention, 2006, including its 2014 amendments, and to apply the 2022 joint ILO/IMO Guidelines on how to deal with seafarer abandonment cases. It stressed that port, coastal and flag States must take seafarers' rights seriously and cooperate with other stakeholders to resolve cases.

With regards to the ILO/IMO abandonment database, the Committee requested the Joint ILO/IMO Tripartite Working Group (JTWG) to consider creating a clear step-by-step guide (Standard Operating Procedure) with specific timelines and trigger dates, so authorities know exactly when and how to act quickly in urgent abandonment cases. It should not create extra administrative burden.

It asked the Task Force to recommend means to enhance the accuracy and verification of financial security documentation, through a secure reporting interface within IMO's existing systems.

The Committee agreed that a regulatory gap existed in relation to liability and compensation for incidents involving alternative fuels used for ship propulsion and that existing international liability regimes do not adequately address the specific risks of these fuels - this gap must be addressed to ensure legal certainty and effective compensation for victims.

The Committee agreed there is a need to develop a dedicated regime, or amend existing ones, to ensure that their use in ship operation and propulsion is adequately covered. It established a correspondence group to continue the work on this matter and report back to the next session.

The Kuehne+Nagel Group generated a net turnover of CHF 5.6 billion in the first quarter of 2026.

EBIT amounted to CHF 343 million and earnings to CHF 248 million. The Group’s conversion rate stood at 16%.

The cost-saving measures announced in October 2025 had a material impact on the first-quarter 2026 earnings. As a result, costs per unit were sustainably reduced.

Stefan Paul, CEO of Kuehne+Nagel International AG: “Thanks to disciplined cost management, Kuehne+Nagel made a strong start to the year in Air, Road and Contract Logistics. Sea Logistics was affected short-term by disruptions in the Middle East. We are closely monitoring the situation, particularly with regard to rising energy prices and the possible impact on consumer demand.

As the markets continue to be volatile, our access to a global network and close collaboration with customers enable us to respond swiftly and flexibly to fast-changing conditions. This strength, combined with the current market dynamics and our consistent cost management, gives us confidence for the second quarter of 2026.”

Taken the results of the first quarter into consideration, Kuehne+Nagel now expects recurring 2026 group EBIT in a range of CHF 1.25 to 1.40 billion.

In the first quarter of 2026, Sea Logistics generated net turnover of CHF 1.9 billion and EBIT of CHF 113 million. The conversion rate stood at 25%. At the end of March 2026, volumes amounted to one million TEU.

The situation in the Middle East has led to increased service intensity in the first quarter of 2026. Volumes in the prior-year period (Q1 2025) had been exceptionally strong due to effects from customer front-loading related to “Liberation Day”.

Air Logistics generated a net turnover of CHF 1.6 billion in the first quarter of 2026, with EBIT reaching CHF 111 million. The conversion rate amounted to 27%. At the end of March 2026, air freight volumes totaled 516,000 tonnes, showing a slightly positive development compared with the prior-year period.

Events in the Middle East led to a short-term tightening of air freight capacity, resulting in increased demand for charter solutions.

In the first quarter of 2026, Road Logistics generated a net turnover of CHF 908 million and EBIT of CHF 25 million.

The business unit increased market share across all regions. Since the outbreak of the conflict in the Middle East, Kuehne+Nagel has also contributed to safeguarding regional supply chains by establishing land-bridges, for example through truck transport services from Saudi Arabia to the United Arab Emirates.

Contract Logistics generated a net turnover of CHF 1.2 billion in the first quarter of 2026, with EBIT amounting to CHF 94 million. A one-off positive result of CHF 35 million was recorded from the sale of a property in Germany.

Kuehne+Nagel opened new distribution centers in the Americas, the United Arab Emirates and Singapore.

As ongoing disruption across key global shipping corridors continues to impact trade flows, DP World is helping customers maintain cargo flows by integrating sea, rail and road networks that are increasingly critical to supply chain resilience.

As cargo owners navigate geopolitical uncertainty, port congestion and climate-related pressures, the ability to move goods seamlessly across connected transport modes is becoming a growing competitive advantage. Industry projections show the global multimodal transport market is expected to grow to nearly $160 billion by 2032, representing a $60.7 billion growth opportunity driven by demand for more agile, visible and reliable supply chains.

This includes coastal and feeder shipping services that connect regional ports, alongside rail and road solutions that extend cargo moves inland, enabling more integrated, end-to-end logistics across key trade corridors.

For DP World, this is not just a future trend. It is already being operationalised across the company’s global network. Through its Marine Services business, DP World connects more than 200 ports worldwide and supports 23,500+ sailings annually, with its Shipping Solutions business handling approximately 6 million TEU, creating the coastal and feeder connectivity that underpins global trade flows. These services are increasingly integrated with inland logistics capabilities, including rail and road, helping customers move cargo more efficiently across key trade corridors.

This corridor-based approach is becoming more important as supply chains evolve from linear, point-to-point models into more connected regional networks. As trading patterns become increasingly shaped by resilience, regionalisation and speed to market, businesses need transport systems that can flex across multiple modes while maintaining reliability and visibility from origin to destination.

DP World is responding by strengthening the links between ports, marine services and inland logistics to create more joined-up supply chain solutions. This includes expanding coastal and feeder connectivity beyond major hubs, improving inland access through rail and road integration, and enabling greater coordination across the end-to-end cargo journey.

These capabilities position DP World to support customers as trade becomes increasingly corridor-driven and operational resilience becomes a defining requirement.

Ganesh Raj, Global COO, Marine Services, DP World, said: “As supply chains face increasing disruption, the ability to connect ports, marine services, rail and road into integrated trade corridors is becoming essential. DP World is helping customers maintain reliability and efficiency by enabling more flexible, connected cargo flows across these networks.”

DP World explores these trends further in its new whitepaper, A $60.7 Billion Opportunity: Multimodal Transport and the Future of Global Trade, which examines how integrated transport networks are redefining the movement of goods across regional and global markets.