Business news – Page 216
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Asia Shipping launches project cargo service and opens new offices
April 18 - Asia Shipping Transportes Internacionais, a Brazilian company which specialises in freight forwarding for ocean and air transportation, is launching a project cargo service and has announced two new offices to celebrate its 15th anniversary.
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Dockwise sells Explorer
April 15 - Dockwise Ltd says its sale of Explorer to an undisclosed buyer will optimise the composition of the company's fleet. The undisclosed buyer had earlier bought Dockwise's MV Enterprise.
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GAC and Ultramar Logistics join forces
April 15 - GAC Energy & Marine Services LLC (GEMS) and Ultramar Logistics (U-LOG) have joined forces to offer integrated logistics solutions to the oil, gas and mining sectors.
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Greencarrier acquires UK's PTS
April 12 - The Swedish-headquartered logistics specialist Greencarrier, which has in recent years expanded substantially within the Nordic countries and the Baltic states, has signed an agreement today to acquire PTS UK Ltd, with the acquisition expected
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Erfmann secures control of Swift Freight brand in Dubai
April 4 - Barloworld Logistics (BWL) Middle East & Asia has sold a recently created entity Swift Freight LLC to the former ceo of Swift Freight International LLC, three years after it acquired the latter company along with its branch network in Africa and
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"K" Line completes SAL Group takeover
April 4 - Kawasaki Kisen Kaisha Ltd ("K" Line), which has had a 50 percent stake in Schiffahrtskontor Altes Land GmbH (SAL Group) since 2007 has agreed to purchase the remaining shares in the SAL Group at the end of June 2011.
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Drewry analyses MPV prospects as industry emerges from gloom
April 4 - Drewry Maritime Research's latest Annual Multipurpose Market Review & Forecast details the state of the multipurpose (MPV) fleet, the demand for the cargo space on those ships and the outlook for the markets they trade in. Project carriers and h
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REpower sells logistics subsidiary
April 1 - REpower Systems AG has sold the assets of its logistics subsidiary Windenergie Logistik GmbH (WEL) to Universal Windkraft Logistik GmbH.
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PL Shipping & Logistics is now M+R Logistics (India)
April 1 - With the takeover of its Indian agent PL Shipping & Logistics Pvt. Ltd. in September 2010, Swiss based M+R Spedag Group created a strong position in the Indian logistics market.
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Cargotec signs a long-term frame agreement with Siemens Wind Power
March 31 - Cargotec has entered into a long-term frame agreement with Siemens Wind Power A/S, one of the world's leading suppliers of wind power solutions for onshore, offshore and coastal sites.
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Cargo rallied in 2010 for Cargolux in year of 'comeback'
March 31 - Following the severe global economic disturbances of 2009, external environmental issues faced maindeck airfreight capacity provider Cargolux in 2010 just as the market's financial conditions gave the airline mixed messages, according to its re
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Royal Cargo Invests in new cranes
March 30 - Royal Cargo, a leading heavy lift service provider in the Philippines, has recently added two new cranes to its fleet of heavy lift equipment.
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Ter Linden takes charge of more Liebherr cranes
March 30 - Ter Linden Craning bv has added a second Liebherr LTM 11200-9.1 and two mobile cranes of the Liebherr LTM 1130-5.1 type to the LTM 11200-9.1 that was delivered in mid-2010.
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Etihad Rail on track with new identity
March 25 - Union Railway, the company behind UAE's rail development, has unveiled its new corporate identity and announced important updates on the implementation phases of the UAE's railway network. It will now be known as Etihad Rail.
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Hyundai ramps up in project forwarding
March 24 - Hyundai Merchant Marine (HMM) is ramping up its exposure in the project forwarding business on the back of vast deals being concluded between South Korean construction firms in the Middle East. Sam Chambers reports from Seoul.
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Wilh. Wilhelmsen launches next generation ro-ro ship
March 23 - The Wilh. Wilhelmsen group has launched its 150th anniversary vessel, T
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Savannah handles gas turbine
March 23 - Georgia Ports Authority's (GPA) Ocean Terminal in Savannah has handled a 166 tonne gas turbine - one of five heavy lift items in a shipment that also included 50 crates.
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Kitchen delivers Cometto trailers to Oswalt
March 22 - J. E. Oswalt & Sons, based in Batesburg, has increased the capacity and size of its hydraulic trailer fleet with the purchase of 12 lines of Cometto 1MS hydraulic trailers from Kitchen's Crane and Equipment.
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Vanguard expands storage capability at Richards Bay
March 21 - South Africa-based heavy lift and plant relocation specialist Vanguard has extended its in-harbour capabilities with the acquisition of a 2,800 sq m handling and storage yard in the busy Richards Bay port to complement the multi-axle service it