All Mergers and acquisitions articles – Page 24

  • News

    GPA and VPA file agreement

    2017-02-27T00:00:00Z

    February 27 - The Georgia Ports Authority (GPA) and the Virginia Port Authority (VPA) have filed the East Coast Gateway Terminal Agreement with the Federal Maritime Commission (FMC).

  • News

    MOL Logistics' plan to expand

    2017-02-24T00:00:00Z

    February 24 - MOL Logistics has submitted an application with the Indian government to establish a subsidiary in India.

  • News

    Erring on the side of caution

    2017-02-24T00:00:00Z

    February 24 - Speaking at a recent Journal of Commerce webinar this week, Susan Oatway, associate director of Drewry Maritime Research, outlined some of the challenges, which still face the multipurpose and heavy lift shipping sector.

  • News

    DSV's fourth quarter high

    2017-02-13T00:00:00Z

    February 13 - DSV has reported a net revenue increase of 39.8 percent in the fourth quarter of 2016, amounting to DKK17.6 billion (USD2.5 billion), which DSV claims is largely due to the acquisition of UTi Worldwide.

  • News

    Maersk's finances fall

    2017-02-09T00:00:00Z

    February 9 - A.P. Møller-Mærsk's annual report for 2016 reveals a net loss of USD1.9 billion compared to a USD925 million profit in 2015.

  • News

    Jaromin adds another Terex

    2017-02-09T00:00:00Z

    February 9 - Auto-Krandienst Jaromin, a crane rental company based in Oberhausen, Germany, has expanded its fleet with the acquisition of a Terex Explorer 5500 all terrain crane.

  • News

    An ACE deal for OIA

    2017-02-02T00:00:00Z

    February 2 - OIA Global has acquired American Cargo Express (ACE), which it believes will help expand its North American logistics and supply chain services.

  • News

    Industry prepares for widespread consolidation

    2017-01-17T00:00:00Z

    Consolidation was the word on everybody's lips at the Breakbulk Americas 2016 exhibition held from September 26-29 in Houston, USA. Annie Roberts reports from the show.

  • News

    Rumours fuel OOCL share price rise

    2017-01-13T00:00:00Z

    January 13 - The share price of Orient Overseas International (OOIL), the parent company of shipping line Orient Overseas Container Line (OOCL), has jumped more than 25 percent since the end of 2016, reaching a 52-week high of HKD39.70 (USD5.12) on Wednes

  • News

    Done deal for Konecranes and Terex

    2017-01-05T00:00:00Z

    January 5 - Konecranes has completed the acquisition of Terex's material handling and port solutions (MHPS) business.

  • News

    Wilhelmsen and Wallenius sign reshuffle agreement

    2016-12-23T00:00:00Z

    December 23 - Wilh. Wilhelmsen Holding and Wallenius Lines have signed an agreement leading to a new ownership structure for their jointly owned investments in Wallenius Wilhelmsen Logistics, Eukor Car Carriers and American Roll-On Roll-Off Carrier.

  • News

    Genesee & Wyoming buys Pentalver

    2016-12-15T00:00:00Z

    December 15 - APM Terminals has reached an agreement to sell UK based container-related services provider Pentalver to US based railroad operator Genesee & Wyoming.

  • 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.