Latest news from Heavy Lift & Project Forwarding International Magazine

Business News from March 2018

Liebherr expands in the USA thumbnail image

Liebherr expands in the USA

March 30 - Liebherr will invest USD45 million in the expansion of its Newport News facility in Virginia, USA.
Views: 3812
Hapag-Lloyd restructures management thumbnail image

Hapag-Lloyd restructures management

March 29 - Hapag-Lloyd has appointed Joachim Schlotfeldt as a member of the executive board and announced that Thorsten Haeser, chief commercial officer, will step down from his role.
Views: 3286
Townsville opens upgraded berth thumbnail image

Townsville opens upgraded berth

March 29 - The port of Townsville in Australia has completed the AUD40.7 million (USD31.2 million) upgrade of its Berth 4 container and general cargo facility.
Views: 3480
Shipping confidence hits four-year high thumbnail image

Shipping confidence hits four-year high

March 29 - In the three months to end-February 2018, shipping confidence reached a four-year high, according to international accountant and shipping adviser Moore Stephens.
Views: 3613
ALE and Roll-Lift end JV thumbnail image

ALE and Roll-Lift end JV

March 28 - ALE and Roll-Lift have ended their Canadian joint venture - ALE Roll-Lift Canada.
Views: 3837
NordLB in privatisation talks thumbnail image

NordLB in privatisation talks

March 28 - Reports in the German media suggest that the owners of Hannover-based NordLB are in talks regarding the business model of the public-sector bank, and are considering the possibility of selling to private investors.
Views: 3425
NAM urges approval of Ex-Im nominees thumbnail image

NAM urges approval of Ex-Im nominees

March 26 - The National Association of Manufacturers (NAM) has urged senators to approve President Trump's four nominees for the board of the US Export-Import (Ex-Im) Bank, following the resignation of the last remaining board member, Scott Schloegel.
Views: 2802
DP World goes Bananas in DRC thumbnail image

DP World goes Bananas in DRC

March 26 - DP World has been awarded a 30-year concession agreement for the management and development of a greenfield multipurpose port project in Banana, Democratic Republic of the Congo (DRC).
Views: 3211
Multipurpose rates continue to rise thumbnail image

Multipurpose rates continue to rise

March 22 - The multipurpose shipping sector has seen a further rise in time charter rates over the last month, according to the latest data from shipbroker Toepfer Transport.
Views: 3035
Both sides appeal Stolberg sentence thumbnail image

Both sides appeal Stolberg sentence

March 22 - Reports in the German media indicate that Niels Stolberg has launched an appeal against the three-and-a-half year jail sentence handed to him by the Bremen District Court last week.
Views: 2919
Rooney scores Forth Ports role thumbnail image

Rooney scores Forth Ports role

March 21 - Forth Ports, one of the UK's largest port groups, has appointed Ann Rooney as business development manager, who will focus on developing oil and gas support and decommissioning activities at its Scottish gateways.
Views: 3014
Mammoet opens in Somerset thumbnail image

Mammoet opens in Somerset

March 21 - Mammoet has opened an office in the southwest of the UK to provide localised support to the Hinkley Point C nuclear power project.
Views: 2824
Fesco and CJ Logistics team up thumbnail image

Fesco and CJ Logistics team up

March 21 - Fesco has signed a memorandum of understanding (MoU) with South Korea's CJ Logistics, part of the CJ Group, to implement joint logistics projects in Russia, Central Asia and Turkey.
Views: 3540
Blue Water lands Liza contract thumbnail image

Blue Water lands Liza contract

March 21 - ExxonMobil has awarded Blue Water Shipping the logistics services contract for the Liza Phase 1 development offshore Guyana.
Views: 3090
Bibby steps up at UK Chamber thumbnail image

Bibby steps up at UK Chamber

March 20 - The UK Chamber of Shipping has appointed Sir Michael Bibby as president, replacing Dr Grahaeme Henderson.
Views: 3082
Rhenus rebrands KOG thumbnail image

Rhenus rebrands KOG

March 20 - KOG Transport has been rebranded to Rhenus Project Logistics and fully integrated with the Rhenus Group.
Views: 2817
HLPFI has moved thumbnail image

HLPFI has moved

March 19 - HLPFI has moved. We are now based at 4 Cobden Court, Wimpole Close, Bromley, BR2 9JF, UK and our new phone is 020 8289 2362. Please amend your database to reflect this change of address.
Views: 2205
DP World takes over Cosmos thumbnail image

DP World takes over Cosmos

March 19 - DP World has acquired Peruvian logistics provider Cosmos Agencia Maritima (CAM) for USD315.7 million.
Views: 3006
Stolberg gets prison sentence thumbnail image

Stolberg gets prison sentence

March 16 - Yesterday's verdict in the trial of Niels Stolberg and three co-defendents brought to a conclusion a long-running trial which began in January 2016
Views: 2569
Devlin steps up at Geodis thumbnail image

Devlin steps up at Geodis

March 15 - Geodis Freight Forwarding has appointed Dennis Devlin as director of industrial projects business development, capital projects North America.
Views: 3077
Wallenius Wilhelmsen rebrands WWL thumbnail image

Wallenius Wilhelmsen rebrands WWL

March 15 - Wallenius Wilhelmsen has rebranded Wallenius Wilhelmsen Logistics (WWL) into two entities to reflect changes in its business strategy.
Views: 2632
UK ports set for infrastructure investment thumbnail image

UK ports set for infrastructure investment

March 13 - The British Ports Association (BPA) has published research by infrastructure advisory firm Moffatt & Nichol showing that UK ports and terminals have an estimated GBP1.7 billion (USD2.4 billion) of infrastructure investment in the development pipeline.
Views: 2615
Boehringer steps up at Panalpina thumbnail image

Boehringer steps up at Panalpina

March 12 - Panalpina has appointed Volker Boehringer, currently ceo for Europe, as global head of strategic customer development.
Views: 2726
TGP opens in Turkey thumbnail image

TGP opens in Turkey

March 12 - Trans Global Projects (TGP) has opened an office in Istanbul, Turkey.
Views: 2935
Entrec reports revenue uptick thumbnail image

Entrec reports revenue uptick

March 12 - Heavy haul transportation and crane solutions provider, Entrec, has reported a 30 percent revenue increase in 2017, up to USD148.7 million from USD114.1 million in 2016.
Views: 2559
Mammoet invests in UK thumbnail image

Mammoet invests in UK

March 9 - Heavy lifting and transportation specialist Mammoet has revealed ambitious expansion plans in the north east of the UK.
Views: 3252
ESTA joins IRU thumbnail image

ESTA joins IRU

March 9 - The European association for abnormal road transport and mobile cranes (ESTA) has joined the International Road Transport Union (IRU) as an affiliate member.
Views: 3153
End of the line for Dockwise brand thumbnail image

End of the line for Dockwise brand

March 8 - In announcing a return to profitability in 2017, Royal Boskalis Westminster (Boskalis) also revealed that it will transition all of its brands to the Boskalis brand name during this year.
Views: 2539
Sterling Global Marine acquires thumbnail image

Sterling Global Marine acquires

March 8 - In the UK, Sterling Global Marine has acquired fellow marine surveying company, Geoff Waddington & Partners in a move it says will allow the company to significantly upscale its business across both the leisure and commercial industry sectors.
Views: 1928
CN Rail CEO steps down thumbnail image

CN Rail CEO steps down

March 8 - Luc Jobin, the ceo of Canadian railway operator CN Rail, has stepped down with immediate effect.
Views: 2595
Sode up at APL thumbnail image

Sode up at APL

March 7 - APL Logistics has appointed Jens Romer Sode as regional vice president, Europe, Middle East, and Africa (EMEA).
Views: 2297
HHLA rebrands Polzug thumbnail image

HHLA rebrands Polzug

March 5 - A part of the former company Polzug Intermodal, a subsidiary of Hamburger Hafen und Logistik AG (HHLA), has been rebranded as HHLA Project Logistics.
Views: 2353
Logistec expands with Gulf Stream Marine thumbnail image

Logistec expands with Gulf Stream Marine

March 2 - Canada-based Logistec has expanded its network of terminals with the acquisition of Gulf Stream Marine, a cargo handling and stevedoring specialist in the US Gulf Coast region.
Views: 2262
Everett awards construction contracts thumbnail image

Everett awards construction contracts

March 2 - The port of Everett has awarded approximately USD25 million in construction contracts for the second phase of its south terminal modernisation project.
Views: 2186
Kerr takes helm at CLA thumbnail image

Kerr takes helm at CLA

March 2 - CargoLogicAir (CLA) has confirmed that Dmitry Grishin, who led the establishment and launch of the airline as well as its initial network development, has handed over his responsibilities to newly appointed ceo David Kerr.
Views: 1902
Change at the top for GAC Americas thumbnail image

Change at the top for GAC Americas

March 2 - Bob Bandos has been appointed GAC's group vice president - Americas, following the retirement of Lars Heisselberg who held the position since 2009.
Views: 1958
HSH Nordbank privatised thumbnail image

HSH Nordbank privatised

March 1 - Germany's state-owned HSH Nordbank has been acquired by a consortium of private equity firms in a deal with an estimated value of approximately EUR1 billion (USD1.2 billion).
Views: 2394
Vasset joins Air Partner thumbnail image

Vasset joins Air Partner

March 1 - Air Partner has appointed Romain Vasset as freight charter sales manager for the French market.
Views: 2156

Heavy Lift Across The World

Discover heavy lift and project logistics industry news from around the world by region.