Business news – Page 26
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Bolloré Logistics appoints Lams
Charles Lams has been appointed managing director of Bolloré Logistics Argentina and Uruguay.
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DB Schenker to restructure activities
Freight forwarder DB Schenker is planning to restructure in order to “simplify” and “reduce administration costs”, according to HLPFI’s sister publication DVZ.
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Harren takes full control of Intermarine
Harren Group has completed the full takeover of multipurpose shipping line Intermarine.
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MSC Air Cargo receives first freighter
Mediterranean Shipping Company (MSC) has taken delivery of its first MSC Air Cargo-branded Boeing 777 freighter, which will be operated by Atlas Air.
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Drewes acquires Philco and reorganises activities
Germany’s Drewes Logistics has acquired French air, ocean and project logistics provider Philco International.
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Sarens signs MoU to target offshore wind in Vietnam
Belgian engineered transport and heavy lift provider Sarens signed a memorandum of understating (MoU) with PetroVietnam Technical Services Corporation (PTSC) to serve the offshore renewable energy market in Vietnam.
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Hareket opens German office
Turkey-headquartered heavy lift and engineered transport specialist Hareket has opened an office in Germany.
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Liebherr Logistics partners with Broekman
Broekman Logistics signed a long-term partnership with Liebherr Logistics to provide value-added logistics services and warehousing.
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AD Ports to acquire Noatum
AD Ports has acquired logistics services provider Noatum for USD677 million.
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CargoLogicAir falls into administration
UK freighter airline CargoLogicAir (CLA) went into administration on November 16.
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Main concerns for years ahead
Inflation and geopolitical tensions are set to dominate concerns for the global supply chain over the next five years, according to a DP World study released November 14.
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Mammoet and Bay Crane collaborate
Mammoet has entered into a strategic partnership with USA-based crane rental service Bay Crane Services.
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Cargotec to divest MacGregor in the future
Cargotec confirmed that MacGregor will not be a part of its portfolio in the future, but it will not divest the business at the moment.
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Intermarine Asia launched
Intermarine has partnered with project and breakbulk cargo specialist WeShip Projects to launch Intermarine Asia.
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Spanish expansion for GAC
Global shipping and logistics provider GAC Group has opened the first of several planned offices in Spain, at the port of Algeciras.
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Allseas Global opens Midlands office
UK-based Allseas Global Logistics has opened a branch in the Midlands, located in Staffordshire.
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Strong set of results for Meriaura
Finland’s Meriaura reported a strong set of year-to-date results, with project logistics comprising nearly 30 percent of the group’s turnover.
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Maersk: rates starting to normalise
Shipping group Maersk delivered strong results for Q3 2022. Revenue compared to the same period last year increased by around 37 percent to USD22.8 billion, while EBITDA and EBIT both rose by approximately 60 percent to USD10.9 billion and USD9.5 billion, respectively.
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Seahorse Journalist Awards to take place in December
The Seahorse Freight Association has rebooted its Journalist Awards with a fresh approach to the judging process and a focus on encouraging the NextGen and championing diversity in the industry.