Latest business news – Page 118
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Cascade launches AbHaulier LT
Cascade Software has released AbHaulier LT, a free software tool that enables hauliers to submit abnormal load notifications to police and structure owning authorities in the UK.
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WWL doubles Zeebrugge footprint
Wallenius Wilhelmsen Logistics (WWL) has signed a concession agreement with the Belgian port of Zeebrugge to develop 49 ha (121 acres) of land known as Bastenaken West.
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Verdict in sight in Stolberg trial
Reports in the German mainstream media suggest that a conclusion to the long-running trial of ex-Beluga Shipping chief Niels Stolberg is in sight.
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Cosco overtakes BBC in multipurpose top spot
Cosco Shipping Specialized Carriers has taken over, not for the first time, from BBC Chartering as the world's largest multipurpose operator by deadweight, according to Dynamar's latest report.
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New dates for the Project Cargo Summit
The organiser of the inaugural Project Cargo Summit has rescheduled the conference to September 12-13, 2018.
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RollDock and SAL form dock vessel pool
Effective April 1, 2018, RollDock and SAL Heavy Lift will establish a shipping pool for dock vessels.
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M&A activity on the table for DSV
After the successful integration of UTi Worldwide, DSV says consolidation and merger and acquisitions (M&A) remain on its agenda for 2018.
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Destructive freight rate environment here to stay
The container shipping industry is expected to continue to struggle with overcapacity and an inability to deliver value to shareholders, warns consultancy McKinsey & Company in its latest report.
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MacGregor in TTS deal
MacGregor, part of Cargotec, has entered into an agreement to acquire the marine and offshore business activities of TTS Group, a global provider of cargo handling equipment, for EUR87 million (USD106 million).
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Able wins Hornsea contract
Working with Orsted (formerly DONG Energy) and GeoSea, Able Seaton Port is providing the installation base and associated services for the Hornsea Project One offshore wind farm in the UK.
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Optimarin hit the heights in 2017
Ballast water treatment (BWT) specialist, Optimarin, delivered more than 60 units of its Optimarin Ballast Systems (OBS) in 2017, making it the company's most successful year to date.
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Hapag-Lloyd opens in Ghana
Hapag-Lloyd has opened an office in Tema, Ghana and will be represented at the local level by its own customer service staff, effective immediately.
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Environmental approval for Townsville
The Environmental Impact Statement (EIS) for the Townsville Port Expansion Project has been approved by the federal government.
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AAL and HMM link up
AAL and Hyundai Merchant Marine (HMM) are set to launch a joint Far East - Middle East multipurpose liner service.
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ALE opens in Melbourne
Transport engineering specialist ALE has opened an office in Melbourne, Australia.
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Zeaborn gobbles up E.R. Schiffahrt
Consolidation in the German ship management sector is gaining momentum with Bremen-based Zeaborn Group acquiring 100 percent of the shares in ship management company E.R. Schiffahrt for an undisclosed amount.
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ACS expands US presence
Air Charter Service (ACS) has opened an office in Manhattan, its second operation in New York and sixth in North America.
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Boluda expands in Europe
Boluda Lines, part of Boluda Corporación Marítima, has expanded its ro-ro and project cargo logistics services in northern Europe through strategic alliances with maritime companies operating in France, Belgium, the Netherlands, Germany and the UK.
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Air cargo growth remains strong
The International Air Transport Association's (IATA) full-year 2017 data for global airfreight markets showed that demand, measured in freight tonne kilometres (FTK), grew by 9 percent.
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Rotterdam to host Project Cargo Summit
The Netherlands is set to host a brand new event for the heavy lift and project forwarding sector in the shape of the Project Cargo Summit 2018, which is set to be held in Rotterdam from April 24-25 2018.