Latest business news – Page 10
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Bremer Lloyd opens in Chennai as Indian project logistics market heats up
Bremer Lloyd has opened an office in Chennai, India as it enhances its presence in one of the world’s largest and fastest-growing markets.
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Heavy Lift Awards 2024 shortlist revealed
After another rigorous judging process by our panel of industry experts, HLPFI is pleased to reveal the finalists for this year’s Heavy Lift Awards.
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Vanguard opens in Hong Kong
South Africa-headquartered heavy transport and rigging specialist Vanguard has opened a new office in Hong Kong.
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Globalink Logistics Mongolia appointed cargo sales agent for Eznis Airways
Globalink Logistics Mongolia has been chosen as the cargo sales agent for Eznis Airways on its recently established route between Prague, Czech Republic, and Ulaanbaatar, Mongolia.
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DP World Evyap established in Türkiye
DP World Yarımca Port and Evyap Group’s Evyapport have formed a new combined operation, DP World Evyap, in a bid to to boost trade through the Turkish gateways.
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Milaha and Qatar Steel sign five-year stevedoring services deal
Qatari-based maritime and logistics solutions provider Milaha and Qatar Steel have signed a five-year deal to provide stevedore services that will enable the import and export of products manufactured by Qatar Steel.
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Roll Group in Thailand moves to larger premises
Roll Group’s Thailand office is moving to a new location with its own yard.
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Ceva and Almajdouie establish joint venture
Ceva Logistics has signed a joint venture agreement with one of Saudi Arabia’s leading logistics providers, Almajdouie Logistics.
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USA increases steel and aluminium tariffs to discourage transhipping through Mexico
USA president Joe Biden has issued an order to impose Section 232 tariffs on steel and aluminium products shipped from Mexico but manufactured outside North America.
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BIFA adds Solent group to Young Forwarder Network
The British International Freight Association (BIFA) has celebrated the recent launch of the Solent branch of its Young Forwarder Network (YFN) by visiting the Wallenius Wilhelmsen ro-ro terminal at the port of Southampton.
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Industry welcomes UK’s onshore wind energy plans
Investors and wind market players have welcomed the UK government’s decision to end the de facto ban on onshore wind in the UK.
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Blue Water secures Culcairn contract
Blue Water Shipping has secured the logistics contract for Neoen Australia’s Culcairn solar farm project.
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Maersk Offshore Wind launched as supply service division sold
Denmark’s Maersk has established an offshore wind energy division on the heels of its proposed sale of Maersk Supply Service to compatriot DOF Group.
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Militzer & Münch forms Mongolian joint venture
Militzer & Münch has established an entity in Mongolia that will provide road transport, air and sea freight, and project logistics services.
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Fr. Meyer‘s Sohn takes majority stake in Breeze (Germany)
Hamburg-based logistics company Fr. Meyer‘s Sohn has acquired the majority of shares in the project logistics company Breeze (Germany).
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MOL takes stake in Alistair Group
Japan’s Mitsui O.S.K. Lines (MOL) has agreed to purchase a 25 percent stake in Tanzania-based Alistair Group, a cross-border logistics company which operates in sub-Saharan Africa.
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EMS-Fehn diversifies with alternative fuel transport arm
EMS-Fehn-Group has launched a new division, EFG EnerLog, which specialises in the trade and transportation of alternative fuels.
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HCOB purchases NIBC’s shipping business
Hamburg Commercial Bank (HCOB) has agreed to purchase the shipping portfolio of Netherlands Intercontinental Bank (NIBC).
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Momentum builds despite supply chain concerns
The Global Wind Energy Council (GWEC) has issued its 2024 Global Offshore Wind report. There is optimism about the sector, although there are concerns around supply chain resilience and the immediate prospects for floating projects.
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Mammoet awarded construction upgrade of Hawaii dry dock
Dragados/Hawaiian Dredging/Orion JV (DHO) has contracted Mammoet to support the construction of Dry Dock 5 in Pearl Harbor, Hawaii.