Business news – Page 3
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Harlyn to move into historic port of Blyth site
UK-based Harlyn Solutions is moving its headquarters to the former Blyth Harbour Commissioners office, at the port of Blyth.
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Positive H1 2025 for Boskalis
Boskalis reported a strong first half of the year, with all three of its divisions showing substantial increases in their results.
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Wallenius Wilhelmsen delivers strong Q2
Ro-ro shipping specialist Wallenius Wilhelmsen reported total revenue for Q2 2025 of USD1.35 billion, an increase of 4 percent quarter over quarter, thanks to an 8 percent increase in volumes offsetting lower freight rates in the shipping segment. The EBITDA for Q2 2025 of USD472 million was an increase of 2 percent quarter over quarter, mainly driven by the shipping segment.
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Pasha Logistics expands in the Pacific Northwest
USA-based Pasha Logistics has acquired assets of MacMillan-Piper and Tacoma Transload to launch operations in the Pacific Northwest.
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IMO opens RPO in Fiji
Aiming for deeper engagement with Pacific countries, the International Maritime Organization (IMO) has opened a regional presence office (RPO) in Suva, Fiji.
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Hanseatic Global Terminals launches Latin American arm
Hanseatic Global Terminals launched its Latin American arm at the start of August, marking the brand’s first-ever regional expansion.
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Denzai establishes Indonesian subsidiary
Tokyo-headquartered heavy transport specialist Denzai has established a subsidiary in Indonesia, Denzai Heavylift Indonesia. Based in the country’s capital, Jakarta, the business arm was formed on May 28, 2025.
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The rising tide of renewables
The Heavy Lift Group’s (THLG) 72nd international conference took place in The Hague, the Netherlands during May, bringing together professionals from over 50 countries for talks on industry best practice, innovation and the future of the heavy lift and project cargo sectors.
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One World Shipbrokers reopens in The Hague
One World Shipbrokers has reopened from a base in The Hague, the Netherlands. The company was previously based out of Hamburg, Germany.
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Noatum Project Cargo rebrands as Noatum Logistics Project Solutions
Noatum Project Cargo has rebranded as Noatum Logistics Project Solutions as part of a recent group-wide business shake-up.
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Union Pacific and Norfolk Southern agree to merge
Union Pacific has made a stock and cash offer of roughly USD85 billion for fellow North American railroad operator Norfolk Southern. The combined entity would control a rail system that spans the USA from California to the East Coast.
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Gebrüder Weiss puts roots down in the Philippines
Gebrüder Weiss has established a new country organisation in the Philippines on August 1.
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Noatum Maritime inaugurates Shanghai office
Noatum Maritime, part of AD Ports Group’s maritime and shipping cluster, has officially opened its first office in Shanghai devoted to its agency and maritime services arm – Noatum Maritime Services.
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HPL One launches in Dubai offering global project logistics solutions
HPL One has been launched in Dubai, UAE, to provide end-to-end solutions in global project logistics.
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Mitsui and MOL to acquire the port of Nigg
Scotland’s Global Energy Group (GEG) has reached an agreement on the sale of three of its group companies – including the port of Nigg – to long term investor, Mitsui & Co. Europe and Mitsui O.S.K. Lines (MOL).
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Noatum Logistics opens Beijing-Tianjin regional office
Noatum Logistics, part of AD Ports Group, has added to its presence in China with a Beijing-Tianjin regional office to serve the growing Chinese domestic market and the broader Asia region.
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JAS to acquire Pentagon Freight Services
USA-based logistics firm JAS is moving forward with plans to acquire Pentagon Freight Services with the signing of a share purchase agreement.
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Harlyn opens Rotterdam office
UK-based Harlyn Solutions has opened an office in Rotterdam, the Netherlands, to bring the company closer to its customers.
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Final investment decision for Sizewell C
The UK government has approved the long-anticipated final investment decision (FID) for the Sizewell C nuclear power plant project, giving the green light for the GBP38 billion (USD51.5 billion) capital project.
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Capes Shipping Agencies bolsters US Gulf Coast presence
Capes Shipping Agencies, a subsidiary of freight forwarder and Customs broker CV International, has opened two offices – one in Corpus Christi, Texas, and another in Mobile, Alabama.