Business news – Page 52
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NewsTime charter rates break USD7,000
Time charter rates in the multipurpose shipping sector have marginally increased over the last month, according to the latest data from shipbroker Toepfer Transport.
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NewsPFN launches networking group
Project Freight Net (PFN) has launched a networking group for individual professionals, named Project Cargo Group (PCG).
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NewsBoskalis buys Rever’s subsea business
Royal Boskalis Westminster has acquired the shares of Rever Offshore’s subsea services business.
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NewsJAS expands with Sonave acquisition
JAS Brazil, a subsidiary of JAS Worldwide, has acquired Sonave Logistica.
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NewsOne World Shipbrokers opens for business
Justin Archard and Simon Guthrie have teamed up to launch One World Shipbrokers, based out of Hamburg.
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NewsTadano progresses with restructuring
The insolvency proceedings for Tadano Demag and Tadano Faun are expected to begin in the beginning of January 2021, as the restructuring of the companies progresses.
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NewsAMI and Manica to rebrand as Ceva
Ceva Logistics is the progressing with the integration of AMI Worldwide and its brand Manica.
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NewsAqualisBraemar completes LOC acquisition
AqualisBraemar has completed the acquisition of 100 percent of the shares in LOC Group.
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NewsRhenus opens in Mexico City
Rhenus Group has expanded its air and ocean division in Latin America with the opening of a branch in Mexico City.
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NewsBroekman buys Ipsen’s Belgian activities
Broekman Logistics has acquired the Belgian activities of freight forwarder Ipsen Logistics.
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NewsAltus Norway to rebrand
Altus Norway is rebranding as Best Global Logistics Norway, effective January 2021.
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NewsKonecranes and Cargotec agree merger
The extraordinary general meetings (EGM) of equipment manufacturers Konecranes and Cargotec has concluded with the approval of a merger agreement.
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NewsJan De Nul lands Fujairah contract
Samsung Construction & Trading has selected Jan De Nul to provide marine works for the 2.4 GW Fujairah F3 gas-fired combined-cycle power plant.
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NewsCeva boosts African presence
Ceva Logistics has established joint ventures in Egypt and Ethiopia.
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NewsSarens opens in Estonia
Sarens has established a business unit in Estonia to better service the Baltic region.
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NewsAhlers expands Russian footprint
Belgium-headquartered logistics provider Ahlers has opened an office in St Petersburg, Russia.
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NewsYIFFY 2020: celebrating young professionals
The 22nd Young International Freight Forwarder of the Year (YIFFY) Award – supported by the International Federation of Freight Forwarders Associations (FIATA) and TT Club – has been announced.
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NewsHöegh sells Horizon business
Höegh Autoliners has sold its land-based terminals in the USA, which operated as Horizon Terminal Services, to Amports.
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NewsActanis to rebrand
Actanis Project Cargo will be rebranded as Noatum Project Cargo, effective January 1, 2021.
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NewsCargotec and Konecranes merger progresses
The Finnish Financial Supervisory Authority has approved the merger prospectus of manufacturers Cargotec and Konecranes.