Business news – Page 4
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NewsBishop Lifting acquires American Rigger’s Supply
USA-based under-the-jib equipment company Bishop Lifting has acquired American Rigger’s Supply, a sling fabrication and rigging supply firm headquartered in Kansas City, Kansas.
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NewsGebrüder Weiss acquires majority stake in Sienzi Lojistik
Swiss freight forwarder Gebrüder Weiss has bolstered its presence in Türkiye having acquired a majority share in Istanbul-based Sienzi Lojistik.
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NewsACS opens third Australian office
Charter broker Air Charter Service (ACS) opened its third office in Australia, in Perth, at the start of September. Stephen Fernandez will head up the office.
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NewsPermira acquires minority share in RightShip
Global investment firm Permira has become a minority shareholder in RightShip, a maritime digital platform for safety, sustainability, and supply chain due diligence that is headquartered in Singapore.
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NewsTWC posts 2025 revenue and profit growth
Singapore-headquartered heavy lift specialist and service provider Tiong Woon (TWC) reported revenue of USD163.5 million for the 12 months ended June 30, 2025, a 14 percent year-on-year improvement. Net profit for the financial year increased six percent to at USD19.2 million.
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NewsDenzai acquires Kouno stake
Denzai has acquired a major stake in Japan-headquartered Kouno Truck Corporation, a specialist in heavy cargo transport.
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NewsBlue Water expands in Esbjerg
Blue Water Shipping is expanding its premises at the south harbour in Esbjerg, entering into an agreement with the port to take over a 200,000 sq m area that will be incorporated into its wind turbine handling operations.
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NewsProject Cargo Summit returns to Bilbao
The Project Cargo Summit is returning to Bilbao from September 17-18, 2025, bringing together key players from across the project cargo supply chain.
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NewsDP World signs MoU with ITOCHU to strengthen African supply chains
DP World has signed a memorandum of understanding (MoU) with ITOCHU Corporation, one of Japan’s largest trading companies, to expand logistics, supply chain infrastructure, and distribution capabilities in sub-Saharan Africa.
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NewsWR Logistics to open inaugural Spanish office
Project specialist WR Logistics is set to open its first office in Spain next month.
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NewsCore invests in Edwards Moving and Rigging
Private equity firm Core Industrial Partners has taken a stake in USA-based Edwards Moving and Rigging.
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NewsHarlyn 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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NewsPositive 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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NewsWallenius 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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NewsPasha 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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NewsIMO 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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NewsHanseatic 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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NewsDenzai 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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NewsThe 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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NewsOne 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.