Business news – Page 2
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NewsYılnak and Somalev partner for renewable logistics and training
Turkish heavy transport and project logistics company Yılnak has signed a memorandum of understanding (MoU) with Somalev Cranes & Logistics, a Moroccan heavy lifting and logistics specialist.
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NewsSGL plots Indian expansion
Denmark-headquartered Scan Global Logistics (SGL) will expand in India across several locations.
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NewsCory Brothers to acquire Twist Logistics
International shipping and logistics firm Cory Brothers has reached an agreement to acquire Twist Logistics, a Netherlands-based forwarding company. The acquisition is due to be finalised on November 1, 2025.
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NewsRhenus expands in the Philippines
Rhenus Group will invest USD20 million to expand its activities in the Philippines.
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NewsUS-flag turbine installation vessel in service
Charybdis, the first, and so far only, Jones Act-compliant turbine installation vessel has arrived at Portsmouth Marine Terminal, the marshalling port for the Coastal Virginia Offshore Wind (CVOW) development.
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NewsKhimji Ramdas launches heavy lift division
Omani business conglomerate Khimji Ramdas has launched KRHL in response to growing demand for heavy lift logistics and project cargo solutions.
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NewsGSL expands maritime and project cargo capabilities
China-based freight forwarder Global Star Logistics (GSL) has bolstered its business in the maritime sector by expanding both its husbandry and agency services.
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NewsRhenus looks to the Middle East
Rhenus Group has expanded its operational footprint in the UAE as part of efforts to better serve clients across the country and the wider Gulf Cooperation Council (GCC) region.
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NewsK+N partners with Empire Energy for offshore wind
Empire Energy has teamed up with Kuehne+Nagel (K+N) to strengthen the way offshore wind projects are delivered.
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NewsInchcape opens Las Palmas office
Port agency and maritime services company Inchcape Shipping Services has opened an office in Las Palmas, Spain as it looks to expand its global footprint.
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NewsACS expands into Saudi Arabia
UK-based charter broker Air Charter Service (ACS) has opened its first office in Saudi Arabia, in Riyadh.
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NewsJSI Alliance expands Iberian presence
JSI Alliance has opened an office in Bilbao in cooperation with Noatum Maritime Services that will handle the commercial representation of its multipurpose and heavy lift fleet and provide port agency services across Spain, Portugal and North Africa.
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NewsMammoet partners with Tugdock to expand TSP use
Mammoet has entered into a strategic partnership with UK-headquartered Tugdock to expand the use of the latter’s submersible platform that has been designed to improve buoyancy, stability, and load-in/load-out operations across marine industries.
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NewsJumbo and Intermoor form strategic alliance to advance offshore projects
Jumbo Offshore and Intermoor have formed a strategic alliance aimed at enhancing services to the offshore oil and gas and floating wind sectors.
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NewsFagioli re-enters UK with Notus strategic partnership
Fagioli has re-entered the UK market through a strategic partnership with Notus Contract Lifting.
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NewsStena strengthens Baltic Sea network with planned port acquisition
Swedish shipping firm Stena Line is acquiring port operator Terrabalt and its operation of the ro-ro, bulk, and general cargo terminal in Liepaja, Latvia’s third-largest port.
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NewsBishop Lifting acquires American Rigger’s Supply
USA-based under-the-jib equipment company Bishop Lifting has acquired American Rigger’s Supply, a sling fabrication and rigging supply firm headquartered in Kansas City, Kansas.
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NewsGebrüder Weiss acquires majority stake in Sienzi Lojistik
Swiss freight forwarder Gebrüder Weiss has bolstered its presence in Türkiye having acquired a majority share in Istanbul-based Sienzi Lojistik.
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NewsACS opens third Australian office
Charter broker Air Charter Service (ACS) opened its third office in Australia, in Perth, at the start of September. Stephen Fernandez will head up the office.
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NewsPermira acquires minority share in RightShip
Global investment firm Permira has become a minority shareholder in RightShip, a maritime digital platform for safety, sustainability, and supply chain due diligence that is headquartered in Singapore.