Business news – Page 3
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NewsHeavy Lift Awards 2025: Save the date
The Heavy Lift Awards returns to London to celebrate the achievements of the project cargo supply chain. Taking place on Wednesday October 22 at the Royal Lancaster Hotel, the event is the perfect way to showcase your successes from the past year and celebrate industry excellence.
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NewsDrewes opens office in Vietnam
Logistics service provider Drewes Group has opened a new office in Vietnam, the company’s 13th international location.
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NewsFLS Group and AC Logistics join forces
FLS Group has entered into a strategic partnership with Philippines’ specialist AC Logistics, a subsidiary of the Ayala Corporation.
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NewsMeriaura restructures business
Finland’s Meriaura Group has signed a conditional share exchange agreement to acquire the entire share capital of Summa Defence. In connection with the arrangement, the company’s marine logistics business (Meriaura and its wholly owned subsidiary VG-EcoFuel) will be sold to former parent company Meriaura Invest. The name of the new listed company will be Summa Defence.
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NewsMilitzer & Münch launches country unit in Belgium
Logistics company Militzer & Münch will open its country unit in Belgium on January 27, 2025.
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NewsFLS Group acquires stake in Antrak Logistics
FLS Group has acquired a stake in Antrak Logistics Philippines.
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NewsRoll Group expands Saudi operations with storage facilities and heavy haul investments
Roll Group, specialising in heavy haul and lifting solutions, has been active in the Middle East since 2020, with a presence in Saudi Arabia, the UAE, Qatar, and Oman. The company says it is now positioned to become the second-largest inland transport operator in Saudi Arabia.
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NewsAntwerpXL teams up with Transport & Logistics for 2025 joint event
AntwerpXL, a leading event for the heavy lift and project logistics spheres, will run alongside the Transport & Logistics conference and exhibition this year.
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NewsNYK and Akita Eisen establish JV
Japan-based NYK and Akita Eisen have formed Japan Offshore Support (JOS), a joint venture that will provide ship maintenance and management services for offshore wind power projects.
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NewsAertssen and Michielsens sign merger
Aertssen Kranen and Michielsens have signed a merger and will now operate under the name Aertssen Lifting.
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NewsGlobal Feeder Services becomes general sales agent for Antonov in USA
Logistics solutions provider Global Feeder Services has become the general sales agent for Antonov in the USA, effective January 1, 2025.
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NewsSGL bolsters portfolio in Canada with acquisition of ITN
Scan Global Logistics (SGL) has added ITN Logistics Group (ITN), a privately owned Canadian freight forwarder, to its portfolio.
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NewsDrydocks World expands global renewables and marine projects facility
Drydocks World has opened its multi-million-dollar South Yard expansion, a 75,000 sq m facility devised to improve fabrication capabilities and reaffirm the company’s role in complex global marine and offshore wind energy projects.
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NewsDoepel steps up as president and CEO of Finnlines
Shipping operator Finnlines, which is part of the Grimaldi Group, has appointed Thomas Doepel as president and ceo, effective March 1, 2025.
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NewsFracht acquires Quality Freight
Irish and UK shipping company Quality Freight Group has become part of Switzerland-headquartered Fracht Group.
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NewsDrydocks World and GE Vernova land Ostwind 4 grid connection contract
Drydocks World, in partnership with GE Vernova, will build and install Ostwind 4 – a 2 GW offshore wind grid connection in Germany.
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NewsHöegh agrees five-year contract with international car manufacturer
Ro-ro shipping line Höegh Autoliners has signed a five-year contract with an international car manufacturer for the transport of cars in two of the shipping firm’s key trade lanes.
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NewsAprojects acquires Futuretrans Logistik
Aprojects has agreed to acquire German transport company Futuretrans Logistik, effective January 1,2025.