All Mergers and acquisitions articles – Page 24

  • News

    New MD at Broekman

    2016-12-12T00:00:00Z

    December 12 - Broekman Logistics has appointed Willem Jan van Amersfoort to take over from Jacques Klein Kramer as managing director, warehousing and distribution.

  • News

    Chinese shipping line rebrands

    2016-12-08T00:00:00Z

    December 8 - Heavy lift and project cargo shipping line, Cosco Shipping Company Limited (Coscol) has officially changed its name to Cosco Shipping Specialized Carriers Co Ltd, during a ceremony attended by more than 200 people.

  • News

    Report shows consolidation impact

    2016-12-07T00:00:00Z

    December 7 - A recent report by VesselsValue gives a clear indication of the impact that container line consolidation is having on the total box ship fleet.

  • News

    Maersk to buy Hamburg Süd

    2016-12-01T00:00:00Z

    December 1 - Maersk Line has reached an agreement to purchase German container shpping line Hamburg Süd from the Oetker Group.

  • News

    Misnak moves tank quartet

    2016-11-25T00:00:00Z

    November 25 - Misnak International has coordinated the relocation of four liquefied petroleum gas (LPG) bullet tanks, weighing 450 tonnes each, at Port Reitz in Mombasa, Kenya.

  • News

    EC green lights Hapag-Lloyd and UASC merger

    2016-11-25T00:00:00Z

    November 25 - The European Commission has approved the merger between Hapag-Lloyd and UASC - subject to certain conditions, including the latter withdrawing from the North Atlantic trade.

  • News

    Mediaco acquires SMMI Levage

    2016-11-14T00:00:00Z

    November 14 - In France, the Mediaco group, which specialises in crane rental and specialised transport engineering services has bought SMMI Levag.

  • News

    No change for Boskalis outlook

    2016-11-11T00:00:00Z

    November 11 - Royal Boskalis Westminster (Boskalis) closed its third quarter of 2016 in line with expectations.

  • News

    Columbia and Marlow explore merger

    2016-11-08T00:00:00Z

    November 8 - Columbia Shipmanagement and Marlow Navigation have confirmed that they are discussing a potential merger or collaboration to extend their cooperation in the maritime training sector.

  • News

    DSV freight volumes grow

    2016-11-02T00:00:00Z

    November 2 - DSV's Air & Sea division has posted a 51 percent year-on-year increase in sea freight volumes for the first nine months of 2016, along with an 84 percent increase in airfreight volumes, when compared with the same period last year.

  • News

    Japanese lines to merge box operations

    2016-10-31T00:00:00Z

    October 31 - Three of Japan's largest shipping companies have announced that they plan to merge their container shipping and overseas terminal operations as the industry struggles with overcapacity and mounting losses.

  • News

    C.H. Robinson sees profits fall

    2016-10-27T00:00:00Z

    October 27 - Earlier this week, large US logistics company CH Robinson said higher haulage costs and Hanjin'sbankruptcy were partly responsible for the fall in revenues and profits it recorded for third quarter.

  • News

    Basra Gateway expansion moves forward

    2016-10-27T00:00:00Z

    October 27 - International Container Terminal Services (ICTSI) has officially opened the first phase of its greenfield terminal development at the Basra Gateway Terminal in Umm Qasr, Iraq.

  • News

    German shortsea shipping merger formed

    2016-10-25T00:00:00Z

    October 25 - Leer based Hartmann Group and Papenburg headquartered Schulte & Bruns have agreed to expand their cooperation in shortsea shipping activities, with both parties taking a 50 percent share in Schulte & Bruns Chartering.

  • News

    Panalpina posts 'stable' figures

    2016-10-25T00:00:00Z

    October 25 - In the first nine months of 2016, Panalpina recorded a slight increase in EBIT and consolidated profit, when adjusted for a second-quarter restructuring provision of CHF26 million (USD26.1 million).

  • News

    US clears Konecranes-Terex deal

    2016-10-11T00:00:00Z

    October 11 - Konecranes has received clearance from the committee on foreign investment in the USA for its pending acquisition of Terex's material handling and port solutions (MHPS) business.

  • News

    ACS gets new investors

    2016-10-11T00:00:00Z

    October 11 - Air Charter Service (ACS) has welcomed its first external investors after Alcuin Capital Partners purchased a minority stake in the UK air charter broker.

  • News

    ABC ups Boeing fleet

    2016-10-10T00:00:00Z

    October 10 - Volga-Dnepr Group has taken delivery of its latest Boeing 747-8 freighter, which will be employed in the fleet of AirBridgeCargo Airlines (ABC).

  • News

    Hanjin Shipping: sale just one option

    2016-09-28T00:00:00Z

    September 28 - Reports in the international business media suggest that the South Korean court that is overseeing Hanjin Shipping's receivership process is considering multiple means of rehabilitating the world's seventh-largest container shipping line, w

  • News

    Baldwins outsources haulage operations

    2016-09-19T00:00:00Z

    September 19 - UK crane rental company Baldwins Crane Hire has inked an agreement with North Yorkshire based Metcalfe Farms Haulage for the outsourcing of its haulage operations.