Business news – Page 93
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NewsSpliethoff-BigLift UK established
The Spliethoff Group has established Spliethoff-BigLift UK to expand and develop the commercial representation of both companies in the UK.
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NewsProject logistics supply chain risk: how much is too much?
A worrying and increasingly prominent trend is the amount of risk being shouldered by those active in the project logistics supply chain. David Kershaw reports.
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NewsPanalpina agrees DSV takeover bid
DSV and Panalpina have reached an agreement to join forces in a deal worth approximately CHF4.6 billion (USD4.6 billion).
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NewsSAL sets up Spanish entity
SAL Heavy Lift, in partnership with Grupo Davila, has established a new entity that will represent the heavy lift shipping line in the Spanish market.
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NewsCM Labs launches tandem training tool
CM Labs Simulations has launched a crawler crane operator training tool that focuses on tandem operations.
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NewsStraightpoint rental stock heads to LGH
Lifting Gear Hire (LGH) has acquired the rental fleet of Straightpoint, as the load cell manufacturer looks to exit the hire market.
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NewsFred. Olsen Ocean takes stake in United Wind Logistics
Fred. Olsen Ocean (FOO) has acquired a 50 percent interest in United Wind Logistics (UWL) – the Hamburg-based shipping and logistics specialist active in the wind energy industry.
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NewsUK P&I sets up Dutch operation
In preparation for the UK's departure from the European Union (EU), the UK P&I Club has gained approval from financial regulators in the Netherlands to establish a Rotterdam-based subsidiary, UK P&I Club N.V. (UKNV).
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NewsESTA receives MEP backing
Caroline Nagtegaal, a Dutch member of the European parliament (MEP), has penned a letter to the European Commission (EC) in support of ESTA's calls to develop heavy transport corridors and harmonise the permit issuing process across Europe.
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NewsDHL details supply chain risks
DHL’s Resilience360 has released its first annual risk report, examining last year’s major supply chain challenges while identifying trends that will shape the risk landscape in 2019.
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NewsRhenus snaps up South African forwarder
Rhenus Group has acquired South African freight forwarding and logistics specialist, World Net Logistics (WNL).
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NewsNoatum in MIQ takeover
Noatum Logistics has signed a definitive agreement to acquire USA-based MIQ Logistics. The agreement is expected to close in the coming weeks.
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NewsRhenus snaps up Rodair Group
Rhenus Group has acquired Canadia-based logistics solutions provider Rodair.
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NewsCMA nears 90 percent stake in Ceva
France-headquartered container shipping line CMA CGM is on course to control 89.47 percent of the shares in Swiss freight forwarder Ceva Logistics following a public tender.
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NewsCharter rates hold steady
Time charter rates in the multipurpose shipping sector have remained flat over the last month, according to the latest data from shipbroker Toepfer Transport.
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NewsHamilton on acquisition trail
Bermuda-based Hamilton Insurance Group has signed a definitive agreement with Liberty Mutual Group to acquire the Pembroke Managing Agency platform at Lloyd’s and Ironshore Europe DAC (IEDAC).
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NewsBrookfield takes Oaktree stake
Brookfield Asset Management has acquired a 62 percent stake in Oaktree Capital Management.
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NewsBolloré teams up with CLS in Ethiopia
Bolloré Transport & Logistics has signed a memorandum of understanding (MoU) with CLS Logistics that outlines plans to establish a joint venture in Ethiopia.
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NewsRoll Group awarded Total contract
Roll Group has secured a contract to transport 24 modules for Total’s ethane cracker project in the USA.
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NewsSteel cut for OHT newbuild
The first steel has been cut for Offshore Heavy Transport’s (OHT) Ulstein-designed semi-submersible heavy lift crane vessel at China Merchant Heavy Industry’s (CMHI) yard in China.