All Mergers and acquisitions articles – Page 44
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Cosco Shipping confirms acquisition plans
December 11 - COSCO Shipping Company (COSCOL) has confirmed that it plans to acquire full equity of Guangzhou Ocean Shipping from COSCO Group.
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The Friday Flyer
November 30 - Staff in HLPFI's London office awoke this morning to the first sub-temperatures of Winter and a malfunctioning office heating system. Typing in an overcoat and mittens is no fun, but the author of this week's Friday Flyer delivers a neat sna
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Boskalis offer undervalues Dockwise, says Board
November 30 - Some 25 percent of Dockwise shareholders are dissatisfied with the price offered by Royal Boskalis Westminster (Boskalis) earlier this week, says the company that has gone from diner to dinner.
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ETAL invests in fleet expansion
November 29 - Egyptian Transportation and Logistics (ETAL), a subsidiary of Egytrans, has recently doubled its fleet with the acquisition of a new Scheuerle hydraulic low-bed with 40 axles, three MAN tractors and two Scheuerle turn tables.
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The Friday Flyer
November 16 - It's time again for another edition of HLPFI's Friday Flyer, giving you a round-up of news from the last week, together with a few comments and asides from the editorial team.
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Dockwise to appeal court ruling
November 16 - Dockwise, the Netherlands-based marine transport company, has confirmed that it is appealing against its recent loss of a court case brought against the ex-ceo of Fairstar Heavy Transport, Philip Adkins, which sought to gain access to the la
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Toll promotes Partridge
November 12 - Logistics giant Toll Global Forwarding (TGF) has promoted Geoff Partridge to the post of managing director of its South African operation.
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Damco reports continued growth
November 12 - Damco reports revenue growth of 11 percent in the first nine months of 2012, compared to the same period last year.
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Borusan Logistics acquires Balnak Lojistik
November 12 - According to a statement issued by Borusan Logistics, it has agreed a deal to acquire Balnak Lojistik, and says this will create Turkey's leading logistics service provider in terms of staff numbers and revenues.
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GAC names new president
November 9 - Global shipping, logistics and marine services provider GAC Group has appointed Bengt Ekstrand as its new group president.
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Heavy lift helicopters for the Amazon
November 7 - Portland, USA based Erickson Air-Crane, a leading operator and the manufacturer of the powerful Erickson S-64 Aircrane heavy lift helicopter, is set to acquire 14 helicopters and associated personnel and assets from HRT Participacoes em Petro
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IAG Cargo targets forwarders through GLN
November 5 - IAG Cargo, the single business created following the merger of British Airways World Cargo and Iberia Cargo, has signed a memorandum of understanding (MoU) with Global Logistics Network (GLN), a US headquartered network of 421 small and mediu
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The Friday Flyer
November 2 - And so, it's time for another edition of HLPFI's Friday Flyer, giving you a round-up of news from the last week, together with a few comments from the editorial team.
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Dockwise opts to build Type 1 White Marlin
November 1 - Breda, the Netherlands based Dockwise subsidiary Fairstar Heavy Transport has commissioned a new USD150million Type 1 vessel to be named White Marlin. With delivery scheduled in the fourth quarter 2014, the newbuild's capacity and capabilitie
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Grindrod and Sturrock merge ships agency operations
October 30 - Grindrod and Sturrock Shipping have jointly announced the merger of their respective ships agency operations under a 50:50 joint venture.
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P+S Werft workers offered transfer platform
October 23 - A transfer company is being set up for all 1,750 employees of insolvent German shipbuilder P+S Werften?by the State of Mecklenburg-Western Pomerania, representatives of the works council at P+S Werften, and IG Metall, the dominant metal worke
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AVIC nets Deltamarin
October 18 - AVIC International Investments has signed an agreement to acquire the majority of the shares in Finland based consultancy, ship design and marine engineering company Deltamarin.
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The Friday Flyer
October 12 - With HLPFI staff returning from the Air Cargo Forum in Atlanta and Houston's Breakbulk America event, it's all hands now back on deck at the office. Tales of joint ventures, takeovers and mergers throughout the industry have dominated this we
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Chapman Freeborn extends on board courier services
October 12 - Chapman Freeborn Airchartering has further expanded its specialist On Board Courier (OBC) services with the launch of a new office in Hong Kong.
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Damco acquires Pacific Network Global Logistics
October 12 - Damco is set to acquire PacNet, a leading freight forwarder in China and Australia, with almost 400 employees and a turnover of USD180 million in its last financial year (2011), as well as offices in Italy, India, the UK and the USA.