By Paul Lucas2018-08-01T15:55:00+01:00
Cosco Shipping has completed the acquisition of Orient Overseas International Ltd (OOIL) and its subsidiary Orient Overseas Container Line (OOCL).
Earlier this month, Cosco Shipping secured approval from the Anti-Monopoly Bureau of China to proceed with the USD6.3 billion takeover.
Cosco Shipping now operates a fleet of approximately 400 vessels with a combined capacity of 2.7 million teu.
United Heavy Lift (UHL) has taken delivery of the first in a series of eight F900 Eco-Lifters.
USA-based Omega Morgan has taken full control of its joint venture with Sarens – Omega Morgan Sarens.
Sea Cargo Logistics has transported equipment from Guadalajara in Mexico to Suape, Brazil for a metro project.
Al Faris has started operations in Iraq with a fleet of heavy lifting and heavy haulage equipment.
UK-based port agency, logistics and marine services group Casper Shipping will acquire HC Shipping & Chartering.
Canada-based Logistec Stevedoring has acquired Castaloop and its subsidiaries.
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