Business news – Page 119
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Strong growth for ABC
AirBridgeCargo Airlines (ABC) has reported a 13 percent upsurge in total cargo carried in 2017, delivering more than 700,000 tonnes throughout its international network.
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Almajdouie expands presence
Almajdouie Logistics has signed an agreement with Sinotrans, outlining expansion plans for its joint venture partnerships in the Middle East.
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Canaveral eyes heavy lift dock
Canaveral Port Authority has approved the construction of a multipurpose berth, located on the port's north side.
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Markets emerge stronger in 2018
Growth prospects for emerging markets appear brighter than they have for years, according to the latest Emerging Market Logistics Index by Agility.
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Blyth banks expansion investment
The port of Blyth in the UK has announced a GBP12 million (USD16 million) banking facility with Lloyds Bank that will enable the next phase of its expansion.
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OOCL completes series
OOCL has taken delivery of the sixth and final vessel in its series of 21,413 teu containerships.
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Superior scoops project freight award
Superior Freight Services UK has been presented with the project forwarding award at the British International Freight Association's (BIFA) 2017 Freight Service Awards.
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Thomas Miller acquires Brookes Bell
UK-based insurance provider Thomas Miller has acquired marine consultancy Brookes Bell for an undisclosed amount.
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Mammoet strengthens in Spain
Mammoet has entered into partnerships with Spanish heavy transport specialists Arbegui and Transmodal, with the aim of strengthening its presence in the Spanish market.
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Manitowoc names Mi-Jack
Manitowoc Cranes has appointed Mi-Jack Canada as a dealer of Manitowoc and Grove cranes in Alberta and Saskatchewan.
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Mammoet secures contract
Mammoet has been awarded a contract to provide heavy lifting and transport solutions for the Dangote Oil Refinery in Lagos, Nigeria.
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G2 Ocean names Wallem
Wallem Ship Agency has been appointed to provide ship agency services to all of G2 Ocean's vessels calling at Southeast Asian ports.
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ONE gets the green light
The joint venture of Kawasaki Kisen Kaisha ("K" Line), Mitsui O.S.K. Lines (MOL) and Nippon Yusen Kabushiki Kaisha (NYK Line) - Ocean Network Express (ONE) - has received all the necessary merger approvals from local competition authorities.
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Maersk and IBM launch blockchain JV
A.P. Møller - Mærsk has announced a joint venture with technology giant IBM, with the intention of using blockchain technology to deliver a more efficient and secure method of trading.
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End of the road for Carillion
The UK's second-largest construction company is to go into liquidation, following the failure of last-minute rescue talks between UK government representatives and the firm's lenders.
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Falcon and Tiger form hybrid
Falcon Maritime India, a subsidiary of New York-based Falcon Maritime and Aviation, has merged its operations with Tiger Logistics India.
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DB Schenker wins Shell contract
DB Schenker has been awarded a five-year contract to provide international freight forwarding and Customs clearance services to Shell Australia.
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Crane Worldwide opens in Dammam
Crane Worldwide Logistics has expanded its presence in the Middle East with the opening of an office in Dammam, Saudi Arabia.
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Container market remains competitive
As the container market remains competitive, global shipping consultancy Drewry says there is potential for more merger and acquisition (M&A) activity.
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Malin Integrated Solutions launches
Scotland's Malin Group has formed a joint venture with Marint (Offshore Services) and Dixon Marine Consulting (DMC).