Latest news from Heavy Lift & Project Forwarding International Magazine

Gefco buys out IJS

September 28 - Gefco has signed an agreement with the private equity fund Nimbus to acquire Dutch logistics company IJS Global.

IJS Global, which is headquartered in Amsterdam, specialises in air and sea freight operations, and operates across a number of business sectors, including oil and gas, humanitarian relief, aerospace, pharmaceuticals, high-tech and fashion.

Gefco explained that this acquisition will allow it to develop the company's presence in two of the world's largest freight forwarding markets: China and Southeast Asia, and the USA. 

"The acquisition of IJS Global is fully in line with our development strategy. This operation will allow Gefco to enhance its position as the preferred partner of international industrial companies," said chairman of Gefco's management board Luc Nadal.

Once the acquisition of IJS Global is completed, all of Gefco's overseas freight forwarding activities will be managed by the current IJS Global ceo Sjoerd Van Loon.

The deal will become effective after completion of the usual regulatory formalities.

www.gefco.net

www.ijsglobal.com

Heavy Lift | News

Marine insurance: Reducing costs and capacity thumbnail image

Marine insurance: Reducing costs and capacity

September 19 - Marine insurance providers are commoditising their products in order to reduce costs. The result, according to the International Union of Marine Insurance (IUMI), is a loss of expertise.
Views: 334
Zeaborn forms JV with MPC thumbnail image

Zeaborn forms JV with MPC

September 18 - Zeaborn Group has formed a joint venture with MPC Capital Group to handle the chartering and commercial management of a fleet of more than 160 container and bulk carriers.
Views: 722
DHL strengthens network in Middle East and Africa thumbnail image

DHL strengthens network in Middle East and Africa

September 18 - DHL Industrial Projects is opening a centre of excellence (COE) in Dubai as well as offices in Egypt, Ethiopia, Kenya and Turkey to coordinate complex logistics projects in the Middle East and Africa.
Views: 835
ALE plans Swedish branch thumbnail image

ALE plans Swedish branch

September 18 - ALE will open an office in Sweden during the last quarter of 2019 as it looks to expand its operations in Scandinavia.
Views: 580

Heavy Lift Across The World

Discover heavy lift and project logistics industry news from around the world by region.