Business news – Page 110
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NewsHaropa confirms Le Havre investment
The port of Le Havre in France intends to invest approximately EUR500 million (USD582.1 million) over the coming years in development projects.
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NewsUnlimited expansion for BNSF
BNSF Logistics has acquired Texas-based third-party logistics provider Unlimited Freight.
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NewsGlobalink signs MoU in Anaklia
Globalink Logistics, part of the Kerry Logistics Network, has signed a memorandum of understanding (MoU) with Georgia’s Anaklia City to cooperate on the development of the Anaklia Deep Sea Port and special economic zone (SEZ).
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NewsMaersk names its decommissioning JV
Maersk Drilling and Maersk Supply Service have named their decommissioning joint venture, which was established in April 2018, Maersk Decom.
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NewsACS opens office in San Francisco
Air Charter Service (ACS) has strengthened its US West Coast presence by opening a new office in San Francisco.
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NewsKeltbray expands its lifting services
UK-based Keltbray Group has extended its lifting services to external clients with the opening of a new hub in east London.
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NewsESL eyes AtoB@C acquisition
Finland’s ESL Shipping is set to acquire all of the outstanding shares of Swedish AtoB@C Shipping and AtoB@C Holding for approximately EUR30 million (USD34.9 million).
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NewsScan Global Logistics expands in Australia
Effective July 2, 2018, Scan Global Logistics Australia acquired the Australia-based freight forwarder Kestrel Freight & Customs, writes Erin Bossick.
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NewsCosco gets the green light for OOCL acquisition
Cosco Shipping’s acquisition of Orient Overseas Container Lines (OOCL) has received approval from Chinese anti-trust authorities.
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NewsTradelossa opens in Irapuato
Tradelossa has opened a 86,000 sq ft (7,989.6 sq m) facility in Irapuato, Mexico.
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NewsDaseke snaps up Aveda Transportation
Texas-based flatbed and specialised haulage company, Daseke, has completed the acquisition of Aveda Transportation and Energy Services.
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NewsMAC lands marine assurance contract
Maritime Assurance & Consulting (MAC) has secured a contract from Chrysaor for marine assurance services.
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NewsLBH and Rhenus target waterway market
Port services provider LBH Group is planning to form a joint venture with logistics service provider Rhenus in the European inland waterway shipping sector.
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NewsFracht takes over Polytra
Effective July 1, 2018, the Switzerland-based Fracht group has acquired the Belgium-based forwarding company Polytra.
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NewsAdani takes Kattupalli stake
Adani Ports and Special Economic Zone (APSEZ) has acquired 97 percent of the shares of Marine Infrastructure Developer Private Limited (MIDPL), the developer and operator of Kattupalli port in India.
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NewsShipping confidence holds steady
Shipping confidence held steady at the four-year high of 6.4 out of 10 in the three months to the end of May 2018, according to the latest confidence survey from international accountant and shipping adviser Moore Stephens.
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NewsFairplay relocates in Germany
Fairplay Towage has moved its corporate headquarters following last year’s acquisition of Bugsier Reederei.
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NewsALE expands West African footprint
ALE has expanded its business operations in Africa with the opening of an office in Nigeria.
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NewsSMIT extends Mammoet partnership
Mammoet has signed a framework agreement with Dutch manufacturer Royal SMIT Transformers, extending their partnership for a further five years.
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NewsBOCS names Cory Brothers in UK
Cory Brothers has been appointed by Bremen-based BOCS as the general agent in England and Wales for the latter's services to West African ports.