All Business articles – Page 42
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ABC inks Jettainer agreement
AirBridgeCargo Airlines (ABC) has signed a leasing agreement with Jettainer for the provision of unit load devices (ULD) to support the airline's transportation of special cargoes.
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Air Charter Service on the up in LAX
Air Charter Service (ACS) has expanded its office size in Los Angeles as it continues its investment in California, USA.
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Setramar sells multipurpose unit
International law firm Watson Farley & Williams (WFW) has confirmed that it advised Italy's Armamento Setramar, part of the Setramar Group, on the sale of its vessel Pietro Benedetti.
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Delta Cargo rebrands products
Delta Cargo has rebranded its international product offering to align with global airline alliance SkyTeam Cargo, of which it is a member.
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Peel Ports invests in Great Yarmouth
The UK’s port of Great Yarmouth, part of the Peel Ports group, has taken delivery of an LHM280 mobile harbour crane from Liebherr.
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Tiong Woon sets up in Bangladesh
Singapore-headquartered Tiong Woon Corporation has established a wholly owned subsidiary in Bangladesh.
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Slowing growth threatens shipping
As the International Monetary Fund (IMF) revises its predictions for global growth in 2019 and 2020 - down to 3.5 percent and 3.6 percent respectively - BIMCO says the risks are piling up for the shipping industry.
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ARRC names TSL as agent
Atlantic Ro-Ro Carriers (ARRC) has appointed TSL Shipping & Trading as its sales agent in the US Gulf.
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WWPC concludes 19th annual conference
The Worldwide Project Consortium (WWPC) has concluded its 19th annual membership conference in Muscat, Oman.
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TRACE launches e-Gov portal
Anti-bribery trade association TRACE International has launched its e-Gov Portal.
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Bolloré and Cosco strengthen ties
Bolloré Transport & Logistics and Cosco Shipping Lines have signed a memorandum of understanding (MoU) to strengthen their commercial relationships, while exploring new opportunities for cooperation in transport, logistics and port infrastructure.
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DSV ups Panalpina bid as Agility enters the fray
Panalpina’s board of directors confirmed that it has received a revised, non-binding proposal from DSV to acquire the company at a price of CHF180 (USD178.9) per share, all in cash.
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CMA CGM launches Ceva takeover
France-based container shipping giant CMA CGM launched its USD1.65 billion public tender offer for Switzerland-headquartered Ceva Logistics on February 12.
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ACS opens in Atlanta
Air Charter Service (ACS) has opened its sixth office in the USA in Atlanta, Georgia.
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End in sight for Hansa Heavy Lift
Dr. Christoph Morgen, preliminary insolvency administrator of Hansa Heavy Lift, has confirmed that the Hamburg-headquartered shipping line "will no longer have a business model at its disposal from March 2019 onwards".
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Boskalis sells SAAM SMIT Towage stake
Royal Boskalis Westminster has sold its stake in the SAAM SMIT Towage joint venture.
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Boskalis secures LNG contract
Royal Boskalis Westminster has been awarded a transportation contract that will see the Dutch shipping company deliver a number of large modules for a North American LNG export facility.
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dship partners with ISLA
dship Carriers has appointed Italian Shipping & Logistics Agency (ISLA) as its exclusive commercial agent in Italy.
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Crane Worldwide relocates in Chennai
Crane Worldwide Logistics has relocated its office in Chennai, India as it prepares for growth in the region.
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ALE settles in the USA
As part of its US expansion, ALE has established a permanent branch in the I-10 energy corridor with the relocation of its office in Houston.