Latest news from Heavy Lift & Project Forwarding International Magazine

Cosco completes OOCL takeover

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.

www.ooilgroup.com

en.chinacosco.com

www.oocl.com

Heavy Lift | News

Harren & Partner sells CFS thumbnail image

Harren & Partner sells CFS

October 12 - Spain’s Pérez y Cía is set to acquire CFS Caribbean Feeder Services from German shipping company Harren & Partner.
Views: 1854
DSV confirms offer to CEVA Logistics was rejected thumbnail image

DSV confirms offer to CEVA Logistics was rejected

October 11 - Denmark’s fast-growing logistics group DSV has issued an official statement confirming that its recent offer to takeover CEVA Logistics was rejected by the CEVA board.
Views: 1914

Heavy Lift Across The World

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