All News articles – Page 55
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Tiong Woon and Mammoet Asia form strategic alliance with Thai market focus
Singapore-headquartered Tiong Woon has formed a strategic alliance with Mammoet Asia Holding as the companies aim to expand their presence in Thailand.
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Egytrans targets Saudi Arabian projects market with Links Investment deal
Egyptian logistics and transport provider Egytrans and Saudi-based investment firm Links Investment will establish a limited liability company in Saudi Arabia.
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K2 Project Forwarding continues to expand logistics team
K2 Project Forwarding – a joint venture of Peak Group and deugro group that serves the Norwegian market – has appointed Anne Grete Møll and Dina Fonnes to its team.
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Deutsche Bahn starts sale process for logistics subsidiary DB Schenker
Deutsche Bahn has launched the sale process for DB Schenker, after it agreed to the sale of its freight forwarding subsidiary late in 2022.
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Strong support for ESTA’s safety initiatives
The European association of abnormal road transport and mobile cranes (ESTA) has received “exceptionally strong support” from its members and the heavy transport market for its ongoing work to improve safety during the use of SPMTs as well as its intention to establish an internationally accepted training qualification for operators.
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Sarens assembles TBM in Egypt
Sarens has offloaded and assembled sections of a tunnel boring machine (TBM) for the construction of a metro station in Giza, Egypt, on behalf of its client Concord.
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Schultze Steel Service adds Cometto MTH45 transport vehicles
Schultze Steel Service has added two Cometto MTH45 transport vehicles to its fleet to support the handling of steel coils at the Arcelor-Mittal factory in Bremen, Germany.
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Partnership formed to tackle offshore module transportation
Aker Solutions, K2 Project Forwarding and Meriaura have formed a partnership for the transportation of offshore modules.
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CF&S Group acquires DAKO Worldwide Transport
CF&S Group, through its subsidiary CF&S Germany, has acquired 100 percent of the shares of project logistics specialist DAKO Worldwide Transport.
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Ships rerouted as Red Sea crisis escalates
The hijacking of the Galaxy Leader and subsequent attacks on other vessels underscores the influence of geopolitics in the Middle East Gulf in commercial shipping. A number of the world’s leading container carriers, including Maersk, CMA CGM, Hapag-Lloyd and MSC are now diverting their ships away from the Red Sea region because of an increased threat of attacks.
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Harren Group reinforces commitments to safety
Harren Group has launched its groupwide “Act Safely!” programme, a new initiative that reinforces safety as a core value within the organisation.
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Thomas to chair BIFA’s young forwarder virtual network
Clara Thomas, operations coordinator from UK-based Quality Freight Services, has been appointed as chair of the virtual format of the British International Freight Association’s Young Forwarder Network (YFN), succeeding Herbie Cobby from Geodis.
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RightShip launches tiered RightFLEET system
Digital maritime platform RightShip has launched three new subscription tiers to its data and services for owners and managers: RightFLEET Starter, RightFLEET Lite, and RightFLEET Enterprise.
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Full ships or a damp squib? Gauging the multipurpose market
With a promising project pipeline and a supply side that favours the market, the multipurpose shipping segment is in a stable state, despite 2023 landing somewhat flatter than expected.
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Flying high and beefing up capabilities
During 2023, the heavy lift airfreight market continued to grapple with the impacts of the Russian-Ukraine war, as other providers in the sector beefed up their capabilities.
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Mergers, acquisitions, and expansions: a year of consolidation
Throughout 2023, the project logistics sector saw some key players expand their footprint to target new markets or reinforce their position. It comes off the back of a largely positive outlook for the market, with several industry verticals set to provide a swathe of work around the globe.
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Looking back on 2023
It’s tricky to summarise the current state of play in the project logistics and heavy lift shipping sectors. Whether the glass is half full, or half empty, is very much situation dependent.
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MyCrane signs MoU with Equip9 to facilitate heavy equipment selection
Online crane rental platform MyCrane has signed a memorandum of understanding (MoU) with heavy equipment application Equip9 to advance their respective technical and commercial projects.
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ABP bolsters Port of Hull capacity with Liebherr LHM 420
Associated British Ports (ABP) has invested GBP4.2 million (USD5.3 million) in a new Liebherr LHM 420 mobile harbour crane that will be stationed at the port of Hull.
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Wind energy OEMs cooperate on equipment standardisation
Wind energy OEMs Siemens Gamesa and Vestas – in cooperation with Energy Cluster Denmark– have signed a partnership agreement to increase standardisation in the wind industry, the initial focus trained on tower transportation equipment.