All Business articles – Page 58
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NewsEntrec reports revenue uptick
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.
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NewsESTA joins IRU
The European association for abnormal road transport and mobile cranes (ESTA) has joined the International Road Transport Union (IRU) as an affiliate member.
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NewsEnd of the line for Dockwise brand
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.
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NewsHHLA rebrands Polzug
A part of the former company Polzug Intermodal, a subsidiary of Hamburger Hafen und Logistik AG (HHLA), has been rebranded as HHLA Project Logistics.
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HSH Nordbank privatised
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).
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Buyers found for HSH Nordbank
The Wall Street Journal (WSJ) has reported that US private equity firms J.C. Flowers & Co and Cerberus Capital Management have agreed to buy German lender HSH Nordbank for up to EUR1 billion (USD1.2 billion).
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NewsDjibouti seizes control of DP World terminal
The government of Djibouti has seized control of the Doraleh Container Terminal from Dubai Ports World (DP World).
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NewsALP wins Kaombo contract
Interoil and Saipem have contracted ALP Maritime Services to provide tow assistance and heading control services for the Kaombo field development project, located in Block 32, offshore Angola.
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NewsACS' revenue soars
Air Charter Service (ACS) has reported that the company's revenue was USD677 million in the financial year ending January 31, 2018, a 39 percent increase on the previous year.
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NewsABC eyes secondary hub potential
Russia's AirBridgeCargo Airlines (ABC) is assessing the capabilities of European airports as part of potential plans to establish a secondary hub to complement its main Moscow base.
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NewsCascade launches AbHaulier LT
Cascade Software has released AbHaulier LT, a free software tool that enables hauliers to submit abnormal load notifications to police and structure owning authorities in the UK.
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Verdict in sight in Stolberg trial
Reports in the German mainstream media suggest that a conclusion to the long-running trial of ex-Beluga Shipping chief Niels Stolberg is in sight.
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NewsWWL doubles Zeebrugge footprint
Wallenius Wilhelmsen Logistics (WWL) has signed a concession agreement with the Belgian port of Zeebrugge to develop 49 ha (121 acres) of land known as Bastenaken West.
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NewsNew dates for the Project Cargo Summit
The organiser of the inaugural Project Cargo Summit has rescheduled the conference to September 12-13, 2018.
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NewsAble wins Hornsea contract
Working with Orsted (formerly DONG Energy) and GeoSea, Able Seaton Port is providing the installation base and associated services for the Hornsea Project One offshore wind farm in the UK.
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NewsOptimarin hit the heights in 2017
Ballast water treatment (BWT) specialist, Optimarin, delivered more than 60 units of its Optimarin Ballast Systems (OBS) in 2017, making it the company's most successful year to date.
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NewsOstergaard steps up at Hapag-Lloyd
Hapag-Lloyd has appointed Uffe Ostergaard, former chief commercial officer at UASC, as president region North America, succeeding Wolfgang Freese.
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NewsAir cargo growth remains strong
The International Air Transport Association's (IATA) full-year 2017 data for global airfreight markets showed that demand, measured in freight tonne kilometres (FTK), grew by 9 percent.
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NewsRotterdam to host Project Cargo Summit
The Netherlands is set to host a brand new event for the heavy lift and project forwarding sector in the shape of the Project Cargo Summit 2018, which is set to be held in Rotterdam from April 24-25 2018.
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NewsAlmajdouie expands presence
Almajdouie Logistics has signed an agreement with Sinotrans, outlining expansion plans for its joint venture partnerships in the Middle East.