All Business articles – Page 52
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Changes at the top for Brownsville
The port of Brownsville in the USA has appointed Lorena Hernandez as director of finance and Jose Herrera as special projects director.
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Comerford steps up at Tyne
The UK's port of Tyne has appointed Mike Comerford to its board as a non-executive director.
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Trade tariffs take hold…
In its second-quarter analyst call, Caterpillar confirmed that the USA’s decision to impose import tariffs on steel and other metals will have a real effect on its businesses and customers in the second half of 2018.
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POSH benefits from improved market
Offshore marine services provider PACC Offshore Services Holdings (POSH) has recorded a 95 percent revenue increase year-on-year for the three months to the end of June 30, 2018.
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Rhenus buys C. Spaarmann Logistics
Rhenus Group has agreed to purchase all the shares in German freight forwarder C. Spaarmann Logistics.
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Strømmen joins G2 Ocean
Leif Arne Strømmen has joined G2 Ocean as the company’s vice president for innovation.
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Subsea 7 reorganises offshore energy services
Subsea 7 has expanded its Renewables & Heavy Lifting (RHL) business unit to improve services to its clients in the offshore energy sector.
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Antwerp XL reveals initial exhibitor list
Launched just eight weeks ago, the latest exhibition for the breakbulk sector, Antwerp XL, has already signed up some blue-chip names from the heavy lift and project forwarding sector as exhibitors.
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Cosco completes OOCL takeover
Cosco Shipping has completed the acquisition of Orient Overseas International Ltd (OOIL) and its subsidiary Orient Overseas Container Line (OOCL).
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K+N secures Petronas contract
Kuehne + Nagel (K+N) has been awarded a three-year logistics and supply chain contract with Malaysia’s Petroliam Nasional Berhad (Petronas).
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Fracht partners with CargoX
Switzerland’s Fracht Group has signed a partnership agreement with CargoX, the producer of the blockchain-based Smart Bill of Lading (B/L) solution.
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BelugaXL completes maiden flight
The first BelugaXL aircraft has landed at Toulouse-Blagnac, France after completing its maiden flight over the south west of the country.
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SCS rebrands as Ox Heavy
The Netherlands-based SCS Heavy Lifts & Transport has changed its name to OX Heavy.
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BIMCO expels ShipNext
The Baltic and International Maritime Council (BIMCO) has expelled the recently-launched Ukrainian freight and shipping trading platform ShipNext from its membership saying that it “repeatedly and falsely” claimed that BIMCO supported its platform.
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Antonov's revenue soars
Antonov Airlines has reported an 81 percent revenue increase in 2017 compared to the previous year, with aerospace shipments being one of the key sectors for the Ukrainian airline.
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Contracts roll in at Boskalis
Royal Boskalis Westminster has received a letter of award from Malaysia Marine and Heavy Engineering (MHB) for the transportation and installation of an offshore platform for the Bakor central processing platform redevelopment project in Malaysia.
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Unlimited expansion for BNSF
BNSF Logistics has acquired Texas-based third-party logistics provider Unlimited Freight.
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Globalink signs MoU in Anaklia
Globalink Logistics, part of the Kerry Logistics Network, has signed a memorandum of understanding (MoU) with Georgia’s Anaklia City to cooperate on the development of the Anaklia Deep Sea Port and special economic zone (SEZ).
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Maersk names its decommissioning JV
Maersk Drilling and Maersk Supply Service have named their decommissioning joint venture, which was established in April 2018, Maersk Decom.
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ACS opens office in San Francisco
Air Charter Service (ACS) has strengthened its US West Coast presence by opening a new office in San Francisco.