All Business articles – Page 14
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Antonov HQ to take over GSSA role
Following the end of the general sales and service agent (GSSA) agreement with UK-based Dreamlifts, Antonov Airlines has confirmed that these tasks will be handled in-house at its headquarters in Ukraine.
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Logistics industry braces for a global slowdown
The majority of logistics executives surveyed in Agility’s 2020 Emerging Markets Index expect a recession in the next 12 months, amid concerns about downward pressure on global trade volumes.
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Breakbulk Asia postponed
Breakbulk Asia, which was originally scheduled to take place from March 18-19 in Shanghai, has been postponed as a result of the coronavirus outbreak.
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Laso rebrands GTE in Mozambique
Mozambique-based GTE-Gruas E Transportes Especiais, a subsidiary of Laso Transportes, has rebranded as Laso Moçambique.
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UK launches consultation of free ports
The UK is moving ahead with plans to establish up to ten free ports (also known as free-trade zones) in a bid to unlock post-Brexit opportunities and support logistics supply chains.
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Rhenus Group acquires LTK
Rhenus Group has finalised the acquisition of Spanish logistics company LTK.
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Intermarine begins operations
Intermarine has commenced its Americas liner service, following the brand’s resurrection at the end of January.
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Dreamlifts ends partnership with Antonov
UK-based Dreamlifts will no longer act as the worldwide general sales and service agent for Antonov Airlines, effective March 1, 2020.
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KOGA Shipping launched
King Ocean Gulf Alliance (KOGA) Shipping has been launched out of Houston, USA, and will focus on breakbulk, project, and bulk shipping throughout the Americas.
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Sarens adds Orléans base
Sarens has opened a crane depot in Orléans, France, which will supply cranes on a rental basis for clients in the nuclear energy and civil engineering sectors.
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Onshore wind grows in the Americas
The Americas and the Caribbean installed 13,427 MW of onshore wind capacity in 2019, an increase of 12 percent on the previous year’s 11,892 MW, according to the Global Wind Energy Council (GWEC).
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ABP boosts support for offshore energy sector
Associated British Ports (ABP) has opened a new port office in Lowestoft that will support the offshore energy sector.
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ShipNext and SEDNA join forces
ShipNext has formed a partnership with SEDNA, which develops cloud-based transaction management software.
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North P&I updates platform to reflect coronavirus risk
North P&I Club has developed its MyGlobeView platform so that it can provide live updates as to the number of confirmed cases of the coronavirus, countries at risk and what to look out for.
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MOL outlines restructuring plan
Japan’s Mitsui O.S.K. Lines (MOL) has detailed a restructuring plan that will be implemented on April 1, 2020.
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Intermarine brand revived
HLPFI understands that Zeamarine has divested its Americas Liner business, which operates 10 multipurpose vessels serving customers in the US-South America trade.
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Bahri reports strong growth
Saudia Arabia-headquartered Bahri has reported a fourth-quarter profit of SAR249.08 million (USD66.4 million) for 2019, a 172.5 percent increase compared to the same period of 2018.
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Ørsted partners with Virginia
Ørsted has signed an agreement with the port of Virginia in the USA to lease a portion of the Portsmouth Marine Terminal.
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UTC’s Poisler joins College of Technology
UTC Overseas’ chief operating officer global energy and capital projects, Marco Poisler, has joined the College of Technology at the University of Houston as an adjunct professor.
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GAC Sharjah adds office
UAE-based GAC Sharjah has opened an office in the Hamriyah Free Zone that will provide a range of shipping, logistics and warehousing services.