Latest news from Heavy Lift & Project Forwarding International Magazine

Maersk plans to back off shipping

November 20 - The UK based Financial Times newspaper has reported that Danish oil and shipping group AP Moller-Maersk will not invest significantly in its shipping business over the next five years and will focus on its oil, drilling rigs and ports.

"We will move away from the shipping side of things and go towards the higher profit generators and more stable businesses," Maersk ceo Nils Andersen told the newspaper.

"Over the next five years, we are not going to invest significant amounts in Maersk Line. We have sufficient capacity to grow in line with the market," Andersen said.

www.ft.com

www.maerskline.com

Heavy Lift | News

Zeaborn to take full control of Zeamarine thumbnail image

Zeaborn to take full control of Zeamarine

April 18 - The Zeaborn Group has signed an agreement to acquire the remaining shares in Zeamarine – the joint venture with Intermarine that was established in May 2018.
Views: 260
Panalpina improves profitability thumbnail image

Panalpina improves profitability

April 18 - In the first three months of 2019, Panalpina boosted its profitability by 15 percent compared to the same period of last year.
Views: 223
Wallem sets out strategy change thumbnail image

Wallem sets out strategy change

April 18 - Wallem has rebranded its corporate identity to reflect the company’s updated strategy and service offering. 
Views: 196

Heavy Lift Across The World

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