Latest business news – Page 33
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NewsDKT partners with Soreidom
Soreidom & Caribbean Line has named De Keyser Thornton Naxco Group as its agency representative.
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NewsFrench first for FOWIC
Fred. Olsen Windcarrier (FOWIC) has been awarded a contract with Siemens Gamesa Renewable Energy for the transport and installation of 62 wind turbines for the St. Brieuc offshore wind farm off the coast of France.
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NewsHavfram lands Yunlin contract
Subsea and offshore wind contractor Havfram has been awarded a contract for Taiwan’s Yunlin offshore wind farm.
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NewsUneven impacts of supply chain pressures
Business is feeling the effects of inflation, geopolitical tension, port congestion and transportation costs, with those in South America and Africa facing a more negative business outlook, according to research conducted by Economist Impact.
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NewsFracht expands in Latin American with acquisition
Fracht Group has acquired its longstanding partner Wil-Haven in Chile and Peru, strengthening its presence in Latin America.
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NewsBlue Water plots APAC expansion
Blue Water Shipping has been steadily expanding its present in the Asia Pacific (APAC) region in recent months. Continuing this trend, the company said that it is growing its operations in Malaysia.
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NewsPCB dates confirmed for 2023
The second edition of the PCB Future Projects conference and exhibition will take place on March 7-8, 2023, in Houston, Texas.
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NewsRoll Group and FTE Heavylift establish joint venture
Netherlands-based Roll Group has established a joint venture with Saudi Arabia-based FTE Heavylift.
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NewsLiebherr looks back at solid year
Liebherr Group achieved a net profit of EUR545 million (USD599 million) in 2021 – a result that is higher than pre-pandemic levels.
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NewsPositive year for Blue Water
Blue Water Holding, covering the transport and logistics group’s total activities, posted a EUR19 million (USD21.1 million) profit in 2021.
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NewsMSC to buy Bolloré Africa Logistics
MSC Group has entered a share purchase agreement with Bolloré for the acquisition of 100 percent of Bolloré Africa Logistics, including all the group’s shipping, logistics and terminal operations in Africa as well as its terminal operations in India, Haiti and Timor-Leste.
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NewsMajor acquisitions on the horizon for J M Baxi
J M Baxi Group has signed an agreement to acquire Allcargo Logistics’ project forwarding and logistics business and provided a binding offer to acquire Lift & Shift India’s heavy and over-dimensional cargo logistics business.
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NewsClyde & Co and BLM agree merger
Law firms Clyde & Co and BLM have agreed to merge following a vote in favour by partners at both firms.
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NewsCargotec and Konecranes cancel merger
The UK Competition & Markets Authority (CMA) has blocked the proposed merger between Cargotec and Konecranes after its in-depth investigation identified substantial competition concerns.
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NewsBlue Tern ready for Kaskasi work
Fred. Olsen Windcarrier (FOWIC) has been awarded a contract to transport and install monopiles for RWE’s Kaskasi offshore wind farm off the coast of Germany.
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NewsAgility posts net profit
Agility reported a net profit of KWD977.4 million (USD3.21 billion) in 2021. Compared to 2020, EBITDA increased by 13.2 percent to KWD109 million (USD357 million) and revenue grew by 22.1 percent to KWD486.2 million (USD1.6 billion).
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NewsUS simplifies infrastructure grants
The US Department of Transportation has made USD2.9 billion of funding available through the Bipartisan Infrastructure Law for major infrastructure projects.
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NewsWallenius Wilhelmsen acquires ALS
Wallenius Wilhelmsen has taken over the remaining shares in UK-based ALS.