Business news – Page 30
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NewsMaersk to acquire Martin Bencher
A.P. Moller - Maersk (Maersk) has reached an agreement to acquire Denmark-based project logistics specialist Martin Bencher Group.
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NewsBishop expands with All-Lifts acquisition
Bishop Lifting Products has acquired New York-headquartered All-Lifts – a fabricator of wire rope slings, synthetic slings, alloy chain slings and below-the-hook lifting devices.
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NewsSiemens Gamesa to restructure; Kaskasi powering up
Siemens Gamesa is taking strategic steps to accelerate its turnaround after ending a challenging third quarter marked by ongoing difficulties in the wind energy industry, as well as internal challenges mainly impacting its onshore pipeline of work.
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NewsUS Ex-Im Bank eyes Guyana projects
The USA’s Export-Import Bank (Ex-Im Bank) signed a memorandum of understanding (MoU) with the government of Guyana to explore options for utilising Ex-Im financing to support the sale of US exports to Guyana for government projects totalling up to USD2 billion.
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NewsInchcape in Kennedy Hunter acquisition
Inchcape Shipping Services has agreed to buy port agency provider Kennedy Hunter in Belgium from Conti-Lines Group.
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NewsHeavy Lift Awards 2022 shortlist revealed
The shortlist for the Heavy Lift Awards 2022 has been unveiled. Take a look at the finalists in with a chance of taking home a coveted trophy at the ceremony at the Grand Elyseé in Hamburg on September 22, 2022.
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NewsRisks may lie in existing shipping contracts
“The conflict in Ukraine saw businesses scramble to understand and navigate the rafts of new international sanctions which were rapidly introduced by individual states and international bodies,” said Hyun Woo Kang, a transportation lawyer with global firm Reed Smith.
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NewsCMX completes rebrand
Australia’s CMX Global Logistics has rebranded to Worldwide Ro-Lo Shipping (WRL Shipping).
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NewsAlevro comes online
The Australian joint venture of Fagioli and construction and engineering company Monadelphous – Alevro – has launched a dedicated website.
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NewsCeva acquires Spedag Interfreight
Ceva Logistics has acquired East African forwarding specialist Spedag Interfreight.
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NewsLogistics Plus in Ukrainian acquisition
Logistics Plus has acquired Ukraine-based freight forwarder Concord-Trans.
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NewsPPG training course set for October
Project Professionals Group is holding a training course – PPG Project Cargo Forwarding Masterclass – at the Orchard Hotel in Singapore on October 11, 2022.
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NewsVan Beest granted Royal status
The Netherlands-headquartered manufacturer of lifting, lashing, and mooring fittings, Van Beest, has been granted a ‘Royal’ title as it celebrates its 100th anniversary.
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NewsTT Club warns of changing risk profiles
Disruptive economic, societal and geopolitical influences are altering global supply chain risk profiles, according to TT Club – a provider of insurance and related risk management services to the international transport and logistics industry.
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NewsBoskalis opens in Rhode Island
Boskalis has opened an office in Providence, Rhode Island, to support the developing offshore wind market along the USA’s East Coast.
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NewsNordic Crane takes over Kran-Kompagniet
Nordic Crane has acquired a 70 percent stake in Danish crane company Kran-Kompagniet.
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NewsHAL launches Boskalis takeover
The Netherlands-headquartered HAL has launched its all-cash takeover of Boskalis with an offer that values the heavy lift and marine services contractor at USD4.42 billion.
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NewsBIFA Freight Service Awards open for entries
You can now submit entries for the British International Freight Association (BIFA) Freight Service Awards.
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NewsRhenus expands in Denmark
Rhenus Air & Ocean has opened offices in Copenhagen and Aarhus, Denmark.
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NewsDSV unaware of any C.H. Robinson divestment process
DSV has said it is unaware of any divestment process at C.H. Robinson after reports emerged that the Danish forwarder was interested in buying the US firm’s forwarding business, reports HLPFI’s sister title Air Cargo News.