Business news – Page 10
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Seahorse Freight Association boosts board
The Seahorse Freight Association has appointed Parveen Raja, director and publisher at EVA International Media, and Robert Minton-Taylor, visiting fellow at Leeds Beckett University, to its board.
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Blue Water expands in Aberdeen
Blue Water Shipping has relocated and expanded its facilities in Aberdeen, Scotland, with a new office, modern warehouse and an additional laydown area.
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Maersk and Vestas to develop South Korean offshore wind hub
Shipping group Maersk has signed a memorandum of understanding (MoU) with wind turbine manufacturer Vestas to build a nacelle manufacturing plant and logistical base for offshore wind turbines at the Mokpo New Port Hinterland Complex in South Korea.
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ACL to call Baltimore as shallow access channel cleared
Atlantic Container Line (ACL) said that it will resume calls at Baltimore for containers, cars and ro-ro cargo.
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ABL targets Romania’s energy and maritime markets
Energy and marine consultants ABL has opened an office in Constanta, Romania, to support the Black Sea region’s offshore energy and maritime markets.
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Bergé adds industrial process logistics division
Spanish logistics service provider Bergé has set up an industrial process logistics division, which focuses on consolidating industrial logistics activity for the automotive and steel industries.
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Ahlers Logistics opens Ho Chi Minh office
Antwerp-headquartered Ahlers Logistics has opened an office in Ho Chi Minh City, Vietnam.
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Geodis lands ISI inbound logistics contract supporting Canadian shipbuilding
Geodis has been awarded a contract for inbound logistics services for ship construction and repair projects in Canada, as part of Halifax-based Irving Shipbuilding Inc.’s (ISI) participation in a national shipbuilding programme.
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BHV’s project logistics monitor presents cautious outlook
BHV Bremische Hafen und Logistikvertretung’s project logistics monitor 2024 has presented a subdued outlook for the market in 2024, with respondents cautious about cost pressures and a shortage of labour.
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Sarens expands its presence in Estonia
Heavy lift and engineered transport provider Sarens is expanding its footprint in Estonia to meet the evolving needs of the country’s construction, energy and industrial sectors.
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NEOM scope under scrutiny although regional prospects remain strong
Much has been written about Saudi Arabia’s suite of gigaprojects and the potential on offer for the project logistics community. However, there have been nagging doubts that the sheer scale of development, and the costs involved, could see the scope reined in somewhat.
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CSL partners with Peak Group to target European market
Montreal-headquartered CSL Group has acquired a 50 percent stake in Norway-headquartered shipping and logistics company Peak Group and subsequently launched Peak CSL Group to target the European market.
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Bishop Lifting acquires Bairstow
USA-based Bishop Lifting has acquired Atlanta-headquartered Bairstow Lifting Products.
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GAC Malaysia boosts its project logistics services
GAC Malaysia has formed a joint venture with Syarikat Uminaca, a provider of manpower and stevedoring services in the region. The move aims to bolster its project logistics capabilities in the east of the country and support development projects in the Malaysian states of Sarawak and Sabah.
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Scan Global Logistics plans for further acquisitions
Fast-growing Scan Global Logistics said it is planning to make more acquisitions with a focus on growing in key markets, reports HLPFI’s sister publication Air Cargo News.
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Energy, ports and projects yield positive results for Blue Water
The expansion of Blue Water Shipping’s energy, ports and projects division helped boost the group’s annual results for 2023. The Danish transport and logistics provider said that it delivered “a satisfactory result” with a profit before tax of USD21 million, up 76 percent over 2022.
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Peak Group partners with Clarksons
Bergen, Norway-headquartered dry cargo shipping line Peak Group has formed a strategic collaboration with Clarksons Port Services to combine their expertise in port agency logistics and expand services across the North Sea.
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Kohnen steps up to lead Combi Lift in Thailand
Juergen Kohnen has been appointed managing director of the newly established Combi Lift Project Logistics (Thailand).
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Blue Water Shipping to transport Yinson modules
Project logistics specialist Blue Water Shipping will transport 15 topside modules for Yinson Production’s Agogo floating, storage, production and offloading vessel (FPSO).
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Marr awarded heavy lift contract in the UK
Tower crane specialist Marr Contracting has been awarded a contract to provide specialised heavy lifting crane services for the Lostock Sustainable Energy Plant (LSEP) near Northwich, Cheshire, in the UK.