All Business articles – Page 57
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ONE names senior executives
Ocean Network Express (ONE), the joint venture of Kawasaki Kisen Kaisha ("K" Line), Mitsui O.S.K. Lines (MOL) and Nippon Yusen Kabushiki Kaisha (NYK Line), has appointed five senior executives.
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Air Partner shares tumble
The Air Partner share price has continued to fall this week after the air charter broker announced on Tuesday a GBP3.3 million (USD4.64 million) accounting error dating back seven years.
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Bishop plays it safe with acquisition
Bishop Lifting Products has acquired Safeway Sling USA, a sling fabrication company headquartered in Greendale, Wisconsin.
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Conbit lines up with Frames
Conbit, a subsidiary of transport engineering company ALE, has formed a partnership with Frames - a supplier of equipment used in oil, gas and energy projects.
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HHLA buys Transiidikeskuse terminal
Hamburger Hafen und Logistik (HHLA) has acquired Estonian terminal operator Transiidikeskuse, located close to the port of Muuga, near Tallinn.
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ABC explores US potential
AirBridgeCargo Airlines (ABC) will introduce a scheduled service to Rickenbacker International Airport (LCK) in Ohio, USA.
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NAM urges approval of Ex-Im nominees
The National Association of Manufacturers (NAM) has urged senators to approve President Trump's four nominees for the board of the US Export-Import (Ex-Im) Bank, following the resignation of the last remaining board member, Scott Schloegel.
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Both sides appeal Stolberg sentence
Reports in the German media indicate that Niels Stolberg has launched an appeal against the three-and-a-half year jail sentence handed to him by the Bremen District Court last week.
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Blue Water lands Liza contract
ExxonMobil has awarded Blue Water Shipping the logistics services contract for the Liza Phase 1 development offshore Guyana.
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Rhenus rebrands KOG
KOG Transport has been rebranded to Rhenus Project Logistics and fully integrated with the Rhenus Group.
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HLPFI has moved
HLPFI has moved. We are now based at 4 Cobden Court, Wimpole Close, Bromley, BR2 9JF, UK and our new phone is 020 8289 2362. Please amend your database to reflect this change of address.
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Stolberg gets prison sentence
Yesterday's verdict in the trial of Niels Stolberg and three co-defendents brought to a conclusion a long-running trial which began in January 2016
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Wallenius Wilhelmsen rebrands WWL
Wallenius Wilhelmsen has rebranded Wallenius Wilhelmsen Logistics (WWL) into two entities to reflect changes in its business strategy.
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Entrec reports revenue uptick
Heavy haul transportation and crane solutions provider, Entrec, has reported a 30 percent revenue increase in 2017, up to USD148.7 million from USD114.1 million in 2016.
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ESTA joins IRU
The European association for abnormal road transport and mobile cranes (ESTA) has joined the International Road Transport Union (IRU) as an affiliate member.
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End of the line for Dockwise brand
In announcing a return to profitability in 2017, Royal Boskalis Westminster (Boskalis) also revealed that it will transition all of its brands to the Boskalis brand name during this year.
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HHLA rebrands Polzug
A part of the former company Polzug Intermodal, a subsidiary of Hamburger Hafen und Logistik AG (HHLA), has been rebranded as HHLA Project Logistics.
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HSH Nordbank privatised
Germany's state-owned HSH Nordbank has been acquired by a consortium of private equity firms in a deal with an estimated value of approximately EUR1 billion (USD1.2 billion).
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Buyers found for HSH Nordbank
The Wall Street Journal (WSJ) has reported that US private equity firms J.C. Flowers & Co and Cerberus Capital Management have agreed to buy German lender HSH Nordbank for up to EUR1 billion (USD1.2 billion).
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Djibouti seizes control of DP World terminal
The government of Djibouti has seized control of the Doraleh Container Terminal from Dubai Ports World (DP World).