Latest news from Heavy Lift & Project Forwarding International Magazine

NYK-Hinode and NYK Global Bulk to merge

December 14 - Tokyo-headquartered shipping line Nippon Yusen Kaisha (NYK) has announced that two of its wholly-owned subsidiaries - project and heavy cargo shipping line NYK-Hinode Line (Hinode), and bulk carrier NYK Global Bulk Corporation (NGB) - have a

Hinode and NGB will join forces in order to "improve efficiencies and service quality and to make use of the NYK Group's synergy to grow beyond the bounds of the existing business models for the two companies," said a NYK statement.

The merger of the two organisations is expected to begin October 2013.

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: 252
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: 415
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: 407

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