All Business articles – Page 4
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NewsLiebherr looks back at solid year
Liebherr Group achieved a net profit of EUR545 million (USD599 million) in 2021 – a result that is higher than pre-pandemic levels.
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NewsAN-225 damaged in Ukraine
Reports suggest that the world’s largest aircraft – Antonov’s AN-225 Mriya – has been destroyed during Russia’s invasion in Ukraine.
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NewsThe Heavy Lift Awards heads to Hamburg for 2022
HLPFI is excited to announce that the Heavy Lift Awards is returning for the fourth time. This year, the event is heading to Hamburg, Germany, on September 22, 2022.
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NewsSlight progress for Cargotec and Konecranes merger
The European Commission has conditionally approved the planned merger between Cargotec and Konecranes.
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NewsAlmajdouie Logistics tackles heavy lift challenges
Saudi Arabia’s Almajdouie Logistics completed several impressive projects in 2021, demonstrating its expertise in handling heavy and oversized cargo.
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NewsLiftEx Bahrain cancelled
The LiftEx Bahrain conference and exhibition, which was due to take place on March 21-22, 2022, has been cancelled.
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NewsCadeler strengthens order backlog
Offshore wind energy installation specialist Cadeler has inked a large contract with manufacturer Vestas.
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NewsMSC moves to acquire ITA Airways stake
The trend of liner shipping companies expanding their portfolios beyond traditional marine cargo carriage has continued. This week it was MSC, now the world’s largest container shipping line, that made its move into airfreight, expressing an interest to the Italian government in the acquisition of a majority stake in ITA Airways.
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NewsHanho appointed Verton distributor
Verton has named South Korea’s Hanho International as a distributor of its under-the-jib equipment and lifting technology.
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NewsTrail King grows network
North American trailer manufacturer Trail King has appointed two dealers to its network – Frost Machines and US Equipment Sales & Rentals.
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NewsSwire partners with Mærsk Mc-Kinney Møller Center
John Swire & Sons – the parent company of the Swire Group – and Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping have signed a partnership agreement for the decarbonisation of the maritime industry.
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NewsMPP market shows no sign of cooling down
Toepfer Transport has reported that time charter rates in the multipurpose shipping sector are continuing to climb, and high premiums have surpassed the peak levels of 2008.
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NewsPorts of Normandy and EDF team up for sustainability
Ports of Normandy and EDF have signed a partnership agreement that targets sustainable development at the ports of Cherbourg, Caen-Ouistreham and Dieppe in France.
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NewsLofaro joins Blue Water
Steven Lofaro has been named managing director Australia for Blue Water Shipping Energy & Projects.
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NewsEtihad and IAI team up for freighter conversions
Etihad Engineering has signed a strategic partnership with Israel Aerospace Industries (IAI) to provide passenger-to-freighter conversions on Boeing 777-300ER aircraft.
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NewsDHL names Dudas
DHL Industrial Projects has appointed Peter Dudas as head of global commercial and tendering strategy.
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NewsAAL names South Korean agent
AAL Shipping has appointed multipurpose and heavy lift specialist Wallem Korea as its exclusive commercial and port agent in South Korea.
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NewsVolga-Dnepr signs agreement for Kazan airport hub
Volga-Dnepr Group has signed a strategic partnership agreement with the Government of the Republic of Tatarstan in Russia with the aim of developing the cargo sector at Kazan International Airport.
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NewsRSGT stakes sold
Public Investment Fund (PIF) and Cosco Shipping Ports have each bought a 20 percent share in Red Sea Gateway Terminal (RSGT) from Saudi Industrial Services Co (SISCO).
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NewsLEEA and EKH team up
The Lifting Equipment Engineers Association (LEEA) and Erkende Keurbedrijven Hijs & Hefmiddelen (EKH) have partnered up to combine their expertise and support each other’s membership.