Business news – Page 116
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NewsHHLA buys Transiidikeskuse terminal
Hamburger Hafen und Logistik (HHLA) has acquired Estonian terminal operator Transiidikeskuse, located close to the port of Muuga, near Tallinn.
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NewsABC explores US potential
AirBridgeCargo Airlines (ABC) will introduce a scheduled service to Rickenbacker International Airport (LCK) in Ohio, USA.
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NewsLiebherr expands in the USA
Liebherr will invest USD45 million in the expansion of its Newport News facility in Virginia, USA.
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NewsDHL forecasts solid growth
In its latest quarterly Global Trade Barometer, DHL has forecast solid positive growth for global trade within the next three months.
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NewsTownsville opens upgraded berth
The port of Townsville in Australia has completed the AUD40.7 million (USD31.2 million) upgrade of its Berth 4 container and general cargo facility.
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NewsNordLB in privatisation talks
Reports in the German media suggest that the owners of Hannover-based NordLB are in talks regarding the business model of the public-sector bank, and are considering the possibility of selling to private investors.
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NewsALE and Roll-Lift end JV
ALE and Roll-Lift have ended their Canadian joint venture - ALE Roll-Lift Canada.
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Kuebler invests in Mannheim
Construction is nearing completion on the multipurpose hall that Kübler Spedition is having built at its tri-modal terminal in Mannheim, Germany.
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NewsNAM urges approval of Ex-Im nominees
The National Association of Manufacturers (NAM) has urged senators to approve President Trump's four nominees for the board of the US Export-Import (Ex-Im) Bank, following the resignation of the last remaining board member, Scott Schloegel.
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NewsDP World goes Bananas in DRC
DP World has been awarded a 30-year concession agreement for the management and development of a greenfield multipurpose port project in Banana, Democratic Republic of the Congo (DRC).
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NewsBoth sides appeal Stolberg sentence
Reports in the German media indicate that Niels Stolberg has launched an appeal against the three-and-a-half year jail sentence handed to him by the Bremen District Court last week.
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NewsMultipurpose rates continue to rise
The multipurpose shipping sector has seen a further rise in time charter rates over the last month, according to the latest data from shipbroker Toepfer Transport.
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NewsBlue Water lands Liza contract
ExxonMobil has awarded Blue Water Shipping the logistics services contract for the Liza Phase 1 development offshore Guyana.
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NewsFesco and CJ Logistics team up
Fesco has signed a memorandum of understanding (MoU) with South Korea's CJ Logistics, part of the CJ Group, to implement joint logistics projects in Russia, Central Asia and Turkey.
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NewsMammoet opens in Somerset
Mammoet has opened an office in the southwest of the UK to provide localised support to the Hinkley Point C nuclear power project.
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NewsRhenus rebrands KOG
KOG Transport has been rebranded to Rhenus Project Logistics and fully integrated with the Rhenus Group.
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NewsHLPFI has moved
HLPFI has moved. We are now based at 4 Cobden Court, Wimpole Close, Bromley, BR2 9JF, UK and our new phone is 020 8289 2362. Please amend your database to reflect this change of address.
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NewsDP World takes over Cosmos
DP World has acquired Peruvian logistics provider Cosmos Agencia Maritima (CAM) for USD315.7 million.
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NewsStolberg gets prison sentence
Yesterday's verdict in the trial of Niels Stolberg and three co-defendents brought to a conclusion a long-running trial which began in January 2016