Business news – Page 98
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Xellz eyes African market
Xellz Operations intends to open an office in Lagos, Nigeria during the first quarter of 2019.
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Rhenus acquires Cesped
Rhenus Logistics has acquired Italy’s Cesped along with its related companies.
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Sentences announced in Jasmine case
Four individuals convicted over a corruption plot relating to ConocoPhillips' Jasmine North Sea oil exploration project have avoided prison after the judge suspended the sentences.
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AntwerpXL plans conference agenda
The organiser behind the AntwerpXL exhibition, Easyfairs, has teamed up with Meantime Communications to finalise the seminar and content programme for the three-day event.
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Hansa's woes continue
Six of Hansa Heavy Lift’s multipurpose vessels have been arrested, according to a spokesperson from the preliminary administrator appointed to oversee the carrier’s insolvency proceedings.
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Antonov extends SALIS contract
The North Atlantic Treaty Organization (NATO) and Antonov Company have agreed a three-year contract extension for the provision of airfreight support for the Strategic Airlift Interim Solution (SALIS) programme.
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Jan De Rijk renews haulage fleet
The Netherlands-based, Jan De Rijk Logistics has acquired 80 DAF trucks as part of its fleet expansion and renewal programme.
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HeavyLift@Sea introduces deck carrier design
Hamburg-based engineering company HeavyLift@Sea has introduced the basic design for a heavy cargo deck carrier, the DC 10000, which is currently being built at a Chinese shipyard.
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Speculation continues over Chinese ban on open-loop scrubbers
While media reports suggest that China has banned the use of open-loop scrubbers in its emission control areas (ECA), the Baltic and International Maritime Council (BIMCO) has said that this is not yet the case.
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Gordon Dadds places Ince & Co into administration
Gordon Dadds has placed Ince & Co LLP (Ince UK) into administration, the former confirming that it acquired the London-based law firm on December 31, 2018.
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NCA adds 747 trio to Atlas agreement
Nippon Cargo Airlines (NCA) has expanded its existing operating agreement with Atlas Air to include three additional Boeing 747-400F aircraft.
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Oaktree invests in Watco
Oaktree Capital Management has formed a strategic partnership with Watco Companies that will see the Los Angeles-based private equity firm invest USD450 million in the Kansas-heaquartered transportation company.
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Boskalis dons Cape
Royal Boskalis Westminster (Boskalis) has been awarded a pre-construction agreement (PCA) for the Inch Cape offshore wind farm project in the North Sea.
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Faymonville acquires Stürzer
Faymonville has purchased commercial vehicle dealer Stürzer Heavy Trucks, effective January 2, 2019.
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LiftWerx launches BoxHook crane
LiftWerx Solutions, a specialist in heavy lift technology and lifting solutions for wind turbine repair works, has launched the BoxHook up-tower crane.
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Seko acquires GoodShip
Seko Logistics has purchased Chicago-based freight forwarder and Customs brokerage, GoodShip International.
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Drewry to scrutinise multipurpose prospects
Global shipping consultancy Drewry is hosting a free webinar later this month, looking at the recent trends and outlook for the multipurpose shipping market, covering both the breakbulk and project cargo sectors.
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OuYang 1 jacks it up
Aqualis Offshore has completed the jacking trial of the wind turbine installation vessel OuYang 1.
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Crosby Group acquires Straightpoint
The Crosby Group has acquired load cell and force measurement equipment manufacturer Straightpoint.
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DSV announces expansion
DSV has released plans of a major investment to expand its headquarters in Copenhagen, Denmark.