Latest news from Heavy Lift & Project Forwarding International Magazine

ACS widens Beijing footprint

Air Charter Service (ACS) has relocated to larger premises in Beijing in order to facilitate the broker’s growth plans in China.

 

Wanny Wu, managing director of ACS China, said: “The new office is in the heart of the business district of the city and double the size of our previous premises.”

Wu said that demand for cargo charters in China is on the rise. “Our cargo operation has gone from strength to strength – we doubled the size of our cargo team and saw triple-digit growth in charter numbers last year.” She added that the ACS office would also service China’s rapidly developing private jet chartering market. 

“This is an exciting time for the Chinese aviation industry, with the government planning to increase the number of airports from 220 to 260 by the end of 2020. When you think that the USA has more than 5,000 airports and airfields, there is still a long way to go, but we are heading in the right direction,” said Wu.

 

www.aircharterservice.com

Heavy Lift | News

Oaktree invests in Watco thumbnail image

Oaktree invests in Watco

January 9 - Oaktree Capital Management has formed a strategic partnership with Watco Companies that will see the Los Angeles-based private equity firm invest USD450 million in the Kansas-heaquartered transportation company.
Views: 2827
DSV announces expansion  thumbnail image

DSV announces expansion 

January 2 - DSV has released plans of a major investment to expand its headquarters in Copenhagen, Denmark. 
Views: 2692
DFDS adds to lifting capacity in Immingham thumbnail image

DFDS adds to lifting capacity in Immingham

December 24 - DFDS has taken delivery of a 124-tonne lifting capacity Liebherr mobile harbour crane at its terminal in Immingham, UK in preparation for the launch of enhanced DFDS liner services between Immingham, Norway and Belgium at the start of 2019.
Views: 3083
Metalmark invests in T. Parker Host thumbnail image

Metalmark invests in T. Parker Host

December 20 - Having acquired the 254 acre (102 ha) Avondale Shipyard in New Orleans, USA in October, maritime services provider T. Parker Host has received strategic investment from private equity firm Metalmark Capital.
Views: 2871

Heavy Lift Across The World

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