Business news – Page 48
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Blue Water posts record result
Blue Water Group posted a profit of EUR25.8 million (USD30.5 million) in 2020, surpassing last 2019’s record result of EUR25.7 million (USD30.4 million).
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Modulift, pewag and LMS team up
Under-the-jib equipment manufacturer Modulift, chain manufacturer pewag group, and Aberdeen-based Load Monitoring Systems (LMS) have formed a strategic partnership.
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Egytrans conditionally accepts HA Utilities deal
Egypt-headquartered project freight forwarder Egytrans has conditionally agreed a deal with HA Utilities Holding that will see the two companies integrate their businesses.
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Caldwell revamps website
Lifting equipment manufacturer Caldwell has launched its revamped website as part of the company’s rebranding.
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Hapag-Lloyd acquires NileDutch
German container shipping group Hapag-Lloyd has boosted its position in Africa with the acquisition of NileDutch.
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LISW21 to proceed in September
The organisers of London International Shipping Week 2021 (LISW21) have confirmed that this year’s event will proceed as a mixture of in-person and virtual events.
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Agility opens in Melbourne
Global logistics provider Agility has moved its Australasian headquarters to Melbourne, Australia.
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Project Cargo Summit stays online
The September 2021 edition of the Project Cargo Summit will be held as an online-only event, said its organisers.
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Breakbulk Europe 2021 cancelled
Breakbulk Europe 2021, which was scheduled to take place from May 18-20 in Bremen, has been cancelled.
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Cadeler lands Siemens contract
Cadeler – formerly Swire Blue Ocean – has secured a contract for the transport and installation of Siemens Gamesa wind turbines.
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Boskalis reports 2020 loss
Royal Boskalis Westminster reported a drop in revenue and a net loss in 2020. However, the company said that it exceeded expectations during 2020 and it is in a strong position for the year ahead.
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Bigge opens maintenance base on Gulf Coast
USA-based Bigge Crane and Rigging has opened a maintenance facility in Houston, Texas.
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Hapag-Lloyd expands African footprint
Hapag-Lloyd has opened an office in Nairobi, Kenya, as part of its growth strategy in Africa.
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CJ ICM wins contract for Uzbekistan gas project
CJ ICM has been awarded a contract to provide project logistics services to support the construction of a natural gas treatment facility in the southern part of Surkhandarya, Uzbekistan.
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SAL and Jumbo propose joint venture
German breakbulk and project cargo carrier SAL and Dutch maritime heavy lift transport and installation contractor Jumbo have announced their intention to form a joint venture.
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DEME lands Arcadis Ost contract
DEME Offshore has been awarded an EPCI contract for the foundations of Parkwind’s Arcadis Ost I offshore wind farm.
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Vertikal Days to be held in September
As a result of the UK government’s updated guidelines, the Vertikal Days exhibition 2021, which was originally scheduled to take place in May, has been postponed to September.
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Crowley integrates Jensen
Florida-headquartered Crowley has fully integrated Seattle-based Jensen Maritime into its recently established Engineering Services Group.
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Intermarine and SAL open joint office
Intermarine and SAL Heavy Lift are setting up a joint venture office in São Paulo, Brazil.