Latest business news – Page 2
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NewsUS and China escalate standoff with further reciprocal levies
Washington’s latest Section 301 measures have imposed steep voyage fees on Chinese-built and operated vessels calling at US ports. Beijing retaliated with levies on US ships and tighter rare earth export controls, reigniting tensions between the world’s two largest economies ahead of high-level trade talks later this month.
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NewsGosselin acquires Delcatrans
Belgium-headquartered logistics firm Gosselin has acquired 100 percent of the shares in compatriot transport and warehousing company Delcatrans Group.
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NewsForestWave acquires Noordriver Shipping
The Netherlands-headquartered ForestWave has acquired Noordriver Shipping, which provides chartering services for the dry bulk, project, and heavy lift cargo markets.
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NewsBoluda snaps up Boskalis towage business in Australia and PNG
Boluda Towage has acquired Boskalis’s towage business in Australia and Papua New Guinea.
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NewsSGL eyes MENAT growth with Cairo office
Scan Global Logistics (SGL) has opened an office in Cairo as part of its strategic expansion across the Middle East, North Africa and Türkiye region, appointing industry veteran Ahmed Habib as general manager.
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NewsBolk acquires Ter Linden Transport
The Netherlands-headquartered Bolk Transport has acquired fellow Dutch abnormal transport specialist Ter Linden Transport.
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ArticleGrowth in focus for DHL IP
Amid shifting market conditions and leadership changes, DHL’s Industrial Projects division is keeping its sights firmly on growth.
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NewsDenzai targets Singaporean market with Hiap Heng partnership
Japan’s Denzai has formed a strategic partnership with Singaporean crane and heavy equipment company Hiap Heng Heavyequipment.
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NewsWR Group joins forces with Retems in Azerbaijan
Project logistics specialist WR Group Holding has expanded its presence in Azerbaijan, becoming co-owner of Retems Logistics.
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NewsYılnak and Somalev partner for renewable logistics and training
Turkish heavy transport and project logistics company Yılnak has signed a memorandum of understanding (MoU) with Somalev Cranes & Logistics, a Moroccan heavy lifting and logistics specialist.
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NewsSGL plots Indian expansion
Denmark-headquartered Scan Global Logistics (SGL) will expand in India across several locations.
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NewsCory Brothers to acquire Twist Logistics
International shipping and logistics firm Cory Brothers has reached an agreement to acquire Twist Logistics, a Netherlands-based forwarding company. The acquisition is due to be finalised on November 1, 2025.
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NewsRhenus expands in the Philippines
Rhenus Group will invest USD20 million to expand its activities in the Philippines.
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NewsUS-flag turbine installation vessel in service
Charybdis, the first, and so far only, Jones Act-compliant turbine installation vessel has arrived at Portsmouth Marine Terminal, the marshalling port for the Coastal Virginia Offshore Wind (CVOW) development.
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NewsKhimji Ramdas launches heavy lift division
Omani business conglomerate Khimji Ramdas has launched KRHL in response to growing demand for heavy lift logistics and project cargo solutions.
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NewsGSL expands maritime and project cargo capabilities
China-based freight forwarder Global Star Logistics (GSL) has bolstered its business in the maritime sector by expanding both its husbandry and agency services.
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NewsRhenus looks to the Middle East
Rhenus Group has expanded its operational footprint in the UAE as part of efforts to better serve clients across the country and the wider Gulf Cooperation Council (GCC) region.
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NewsK+N partners with Empire Energy for offshore wind
Empire Energy has teamed up with Kuehne+Nagel (K+N) to strengthen the way offshore wind projects are delivered.
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NewsInchcape opens Las Palmas office
Port agency and maritime services company Inchcape Shipping Services has opened an office in Las Palmas, Spain as it looks to expand its global footprint.
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NewsACS expands into Saudi Arabia
UK-based charter broker Air Charter Service (ACS) has opened its first office in Saudi Arabia, in Riyadh.