All articles by David Kershaw – Page 2
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News
WireCo unveils next-gen hoist rope for heavy industrial applications
Wire and synthetic rope specialist WireCo unveiled its latest crane hoist rope at the bauma 2025 exhibition in Munich last week: the Casar Lazerlift.
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Hutchison port sale hits Panama snag
In early March, Hong Kong-based CK Hutchison agreed to divest the majority of its global port assets to the Blackrock-TiL consortium in a USD22.8 billion deal. The transaction included control of several terminal operations and a significant stake in Panama Ports Company. However, reports have since emerged that Hutchison will no longer sell its Panama Canal-adjacent assets. The deal has also drawn scrutiny from Chinese regulators, who are expected to launch an antitrust review.
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DSV’s deal for DB Schenker cleared
DSV said in a press release issued April 15 that it had fulfilled all closing conditions for its acquisition of Germany’s DB Schenker.
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Denzai bolsters ranks with Goldhofer SPMTs
Japan’s Denzai has acquired PST-ES-E (315) SPMTs from Goldhofer.
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Course set for industry-wide GHG pricing and fuel standards
Marine Environment Protection Committee 83 (MEPC 83) concluded with draft regulations that will set mandatory marine fuel standard and GHG emissions pricing for shipping, a first for the sector.
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A brief reprieve
On April 9, just hours after announcing reciprocal tariffs on all countries, US president Donald Trump abruptly backtracked, suspending their implementation for 90 days. However, China was not spared: its tariff was increased to 125 percent. The baseline 10 percent tariffs on all countries, introduced on April 5 – dubbed ‘Liberation Day’ – remain in effect. Additionally, 25 percent duties on autos and steel are still in place.
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Denzai becomes launch customer for Cometto’s MSPE 60t SPMT
Japanese heavy transport specialist Denzai has ordered 108 axle lines of Cometto’s new MSPE 60t (6/4/4) SPMT. The compact, high-capacity system was developed for operations in Japan’s constrained port environments.
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Osprey adds Tadano CC 38.650-1 crawler to roster
UK-based transport and rigging specialist Osprey is continuing to expand its fleet with the addition of the Tadano CC 38.650-1 crawler crane.
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Stevens Towing shuffles managerial pack
USA-based Stevens Towing Company has made several key leadership promotions.
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Fish joins Fracht North America
Edward Fish has joined Fracht North America as senior vice president of EPC industrial projects.
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Port Esbjerg’s expansion takes shape, partners with Windport
HLPFI has reported extensively on developments at Denmark’s Port Esbjerg, which has grown significanlty over the years. The fifth phase of the port’s expansion has now hit a significant milestone, and it has also entered into a partnership with Norway’s Windport.
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Toepfer Transport’s monthly multipurpose shipping rate update
Toepfer Transport’s monthly multipurpose rate index held steady. The analyst’s average daily time charter rate for a 12,500 dwt/F-type heavy lift vessel stood at USD12,821 at the start of April 2025.
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OIA Global acquires JF Moran
Portland, USA-based OIA Global has acquired compatriot Customs brokerage and freight forwarding firm JF Moran.
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Drewes opens in Böblingen
Drewes Group has opened a new location in Böblingen, near Stuttgart, Germany.
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COSCO Shipping Specialized places semi-sub order
COSCO Shipping Specialized Carriers has signed a contract to build a next-generation 70,000 dwt DP2 semi-submersible vessel.
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UTC shines at Baltic Power project
UTC Overseas has played a key role in the construction of the Baltic Power offshore wind farm, transporting oversized electrical equipment for the construction of an onshore transformer station.
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Iraq joins TIR transit system
The global TIR transit system became fully operational in Iraq on April 1, 2025.
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Davies named sales director at port of Liverpool
UK-based Peel Ports has appointed Gareth Davies as sales director for the port of Liverpool.
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Cromarty Firth gets government support for expansion
The port of Cromarty Firth in Scotland will receive GBP55 million (USD71 million) in funding from the UK government to support expansion.
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GRSE lands vessel order from Carsten Rehder
India’s Garden Reach Shipbuilders and Engineers (GRSE) signed a contract earlier this week with German shipping line Carsten Rehder for the construction of two 7,500 dwt multipurpose vessels.