All Business articles – Page 42
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Peel Ports invests in Great Yarmouth
The UK’s port of Great Yarmouth, part of the Peel Ports group, has taken delivery of an LHM280 mobile harbour crane from Liebherr.
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Tiong Woon sets up in Bangladesh
Singapore-headquartered Tiong Woon Corporation has established a wholly owned subsidiary in Bangladesh.
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Slowing growth threatens shipping
As the International Monetary Fund (IMF) revises its predictions for global growth in 2019 and 2020 - down to 3.5 percent and 3.6 percent respectively - BIMCO says the risks are piling up for the shipping industry.
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ARRC names TSL as agent
Atlantic Ro-Ro Carriers (ARRC) has appointed TSL Shipping & Trading as its sales agent in the US Gulf.
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WWPC concludes 19th annual conference
The Worldwide Project Consortium (WWPC) has concluded its 19th annual membership conference in Muscat, Oman.
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TRACE launches e-Gov portal
Anti-bribery trade association TRACE International has launched its e-Gov Portal.
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Bolloré and Cosco strengthen ties
Bolloré Transport & Logistics and Cosco Shipping Lines have signed a memorandum of understanding (MoU) to strengthen their commercial relationships, while exploring new opportunities for cooperation in transport, logistics and port infrastructure.
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DSV ups Panalpina bid as Agility enters the fray
Panalpina’s board of directors confirmed that it has received a revised, non-binding proposal from DSV to acquire the company at a price of CHF180 (USD178.9) per share, all in cash.
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CMA CGM launches Ceva takeover
France-based container shipping giant CMA CGM launched its USD1.65 billion public tender offer for Switzerland-headquartered Ceva Logistics on February 12.
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ACS opens in Atlanta
Air Charter Service (ACS) has opened its sixth office in the USA in Atlanta, Georgia.
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End in sight for Hansa Heavy Lift
Dr. Christoph Morgen, preliminary insolvency administrator of Hansa Heavy Lift, has confirmed that the Hamburg-headquartered shipping line "will no longer have a business model at its disposal from March 2019 onwards".
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Boskalis sells SAAM SMIT Towage stake
Royal Boskalis Westminster has sold its stake in the SAAM SMIT Towage joint venture.
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Boskalis secures LNG contract
Royal Boskalis Westminster has been awarded a transportation contract that will see the Dutch shipping company deliver a number of large modules for a North American LNG export facility.
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dship partners with ISLA
dship Carriers has appointed Italian Shipping & Logistics Agency (ISLA) as its exclusive commercial agent in Italy.
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Crane Worldwide relocates in Chennai
Crane Worldwide Logistics has relocated its office in Chennai, India as it prepares for growth in the region.
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ALE settles in the USA
As part of its US expansion, ALE has established a permanent branch in the I-10 energy corridor with the relocation of its office in Houston.
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Enerpac to showcase innovations at bauma
Enerpac will showcase its expanded range of lifting systems for industrial movers and heavy lift contractors at this year’s bauma exhibition, which takes place in Munich from April 8 - 14.
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Nord/LB ties up with DSGV
Nord/LB has rejected a joint offer from two financial investors for a minority stake in the bank, as it focuses on a joint solution with the German Savings Banks Association (DSGV).
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BigMove establishes forwarding arm
BigMove, a European alliance of 13 medium-sized logistics companies, has established a project forwarding arm, BigMove Projekt.
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Jumbo pays tribute to founder
Jumbo Maritime has released a tribute video on YouTube in honour of the late Hans Kahn, who founded the company in 1968.