All Business articles
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NewsAAL names South Korean agent
AAL Shipping has appointed multipurpose and heavy lift specialist Wallem Korea as its exclusive commercial and port agent in South Korea.
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Volga-Dnepr signs agreement for Kazan airport hub
Volga-Dnepr Group has signed a strategic partnership agreement with the Government of the Republic of Tatarstan in Russia with the aim of developing the cargo sector at Kazan International Airport.
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RSGT stakes sold
Public Investment Fund (PIF) and Cosco Shipping Ports have each bought a 20 percent share in Red Sea Gateway Terminal (RSGT) from Saudi Industrial Services Co (SISCO).
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LEEA and EKH team up
The Lifting Equipment Engineers Association (LEEA) and Erkende Keurbedrijven Hijs & Hefmiddelen (EKH) have partnered up to combine their expertise and support each other’s membership.
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Höegh Autoliners mulls listing
Norway-headquartered Höegh Autoliners is considering a potential listing as part of its plan to build 12 Aurora-class multi-fuel and ammonia-ready vessels.
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American Airlines accelerates digitalisation
American Airlines has joined the cargo.one e-booking platform.
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Drewry reports further rate rises
The Drewry Multipurpose Time Charter Index rose to USD8,339 per day in May 2021, a rise of 4.3 percent compared April 2021.
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Crosby expands technology offering
The Crosby Group has acquired UK-based safety equipment manufacturer BlokCorp and launched a Technology Solutions business unit.
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Grimaldi and Armas Trasmediterránea sign MoU
The Grimaldi Group and Armas Trasmediterránea Group have signed a memorandum of understanding (MoU) that will see a sale of assets and greater collaboration between the companies.
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Drewry reports rising rates
The Drewry Multipurpose Time Charter Index rose to USD7,795 per day in March 2021, representing a rise of almost 15 percent compared to the previous month.
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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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Goldhofer boosts UK offering
Goldhofer has appointed Specialist Trailer Hire (STH) as a sales and service partner for its trailers in the UK.
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Crowley and Watco team up
Crowley and Watco are partnering up to provide terminal and supply chain management solutions for the offshore wind industry in the USA.
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UAL appoints UK agent
Universal Africa Lines (UAL) has appointed Aberdeen Universal Shipping Agencies (Ausa) as its exclusive general agent in the UK.
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Safmarine and Damco integrated
Maersk has completed the integration of Safmarine and Damco into the wider group.
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Time 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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Tadano 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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GWS opens Taiwan branch
Global Wind Service (GWS) has opened a branch in Taipei, Taiwan, to support increasing demand for its services from the offshore wind sector.
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Belgian and Dutch ports commit to shore power
The ports of Antwerp; Rotterdam; Amsterdam, Drechtsteden, North Sea Port and De Vlaamse Waterweg have launched a tender for the development of a single shore-based power system.
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BOCS names Antwerp agent
Effective August 1, 2020 BOCS Bremen Overseas Chartering and Shipping will be represented by BOCS Antwerpen at the Belgian gateway.
