Latest news from Heavy Lift & Project Forwarding International Magazine

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.

The appeal, which will be heard by Germany's Federal Court of Justice, will mean that the long-running fraud case which centred on the role of Stolberg and three co-accused in the demise of Beluga Shipping will now rumble on.

Getting to last week's verdict had already taken over two years and German media, as well as the lawyer who represents Stolberg, have suggested that the appeal process could run for a long time yet.

The case becomes even more complicated with the news that Bremen state prosecutors have also appealed against the sentence, having demanded a sentence of four-and-a-half years.

Heavy Lift | News

TRACE launches e-Gov portal thumbnail image

TRACE launches e-Gov portal

February 15 - Anti-bribery trade association TRACE International has launched its e-Gov Portal.
Views: 407
Bolloré and Cosco strengthen ties thumbnail image

Bolloré and Cosco strengthen ties

February 15 - Bolloré Transport & Logistics and Cosco Shipping Lines have signed a memorandum of understanding (MoU) to strengthen their commercial relationships, while exploring new opportunities for cooperation in transport, logistics and port infrastructure.
Views: 565
DSV ups Panalpina bid as Agility enters the fray thumbnail image

DSV ups Panalpina bid as Agility enters the fray

February 15 - Panalpina’s board of directors confirmed that it has received a revised, non-binding proposal from DSV to acquire the company at a price of CHF180 (USD178.9) per share, all in cash.
Views: 566

Heavy Lift Across The World

Discover heavy lift and project logistics industry news from around the world by region.