Latest business news – Page 4
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King Ocean acquires Seacor Island Lines
USA-based King Ocean Services has acquired the Seacor Holdings’ Caribbean liner and logistics business – Seacor Island Lines.
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Laso Transportes adds Algarve branch
Portugal’s Laso Transportes has opened a branch in the Algarve region of the country.
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Barnhart acquires Baxter Crane and Rigging
USA-headquartered Barnhart Crane and Rigging has purchased Tupelo, Mississippi-based Baxter Crane and Rigging – its second acquisition of 2024.
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AD Ports consolidates logistics operations in the Middle East
Abu Dhabi Ports Group (AD Ports) is consolidating its logistics activities in the Middle East, with the Noatum brand taking over from MICCO Logistics.
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Project logisticians on alert as LNG terminal projects in crossfire
It’s election year in the USA, and so begins the quadrennial state of flux where presidential candidates set out their positions and priorities – during which, the energy sector often gets caught in the crossfire. Mooted delays to large-scale LNG export projects will be a cause for concern for project logistics and heavy lift specialists.
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4D and Logiswift partner up
4D Supply Chain Consulting (4D) and Logiswift have established a collaborative partnership through a reseller agreement, designating 4D as the distributor of Logiswift’s supply chain execution tool in the USA.
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EMS-Fehn-Group targets MENA markets with Cairo operation
Germany’s EMS-Fehn-Group has established EFG Logistics Services in Cairo, Egypt, to offer a range of logistics services to customers in the Middle East and North Africa (MENA).
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Erhardt Projects opens Istanbul
Spain-headquartered Erhardt Projects has opened a branch in Istanbul, Türkiye, as it targets the Eurasian market.
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Regulatory approvals obtained for DSV-NEOM JV
Freight forwarder DSV and NEOM Company have obtained the relevant regulatory approvals to form its USD10 billion exclusive joint venture to support the development of projects taking place as part of the Saudi Arabian giga-project.
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BIFA reveals winners for its Freight Service Awards
The British International Freight Association (BIFA) held its 2023 Freight Service Awards at the Brewery in London yesterday, revealing the winners of its 11 award categories.
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UTC Overseas to open in Gdańsk
UTC Overseas will open an office in Gdańsk to provide logistics and engineering services to Poland’s growing project and industrial manufacturing sectors.
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TII Scheuerle partners with Trex in Latin America
Mobile cranes and cargo handling equipment specialist Trex has taken over the sales and service operations of TII Scheuerle in Colombia, Ecuador, Peru, and Chile.
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Mammoet teams up with Aertssen to serve Qatar heavy lift business
Mammoet has formed a strategic partnership with Aertssen Machinery Services (AMS) with the aim of providing comprehensive heavy lifting and project cargo services in Qatar.
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HLPFI Reader Survey
We would like to invite you to participate in the Reader Survey for Heavy Lift & Project Forwarding International magazine.
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Jumbo Offshore selected for FPSO work
MODEC Guyana has contracted Jumbo Offshore for the pre-installation of the mooring spread of the FPSO Errea Wittu, which will be located offshore Guyana.
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Lerwick Harbour to support Rosebank development
Scotland’s Lerwick Harbour has been selected as the main marine support hub for Equinor’s first phase of development of the Rosebank oil and gas field.
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Barnhart continues its acquisition spree
USA-headquartered Barnhart Crane and Rigging has acquired South Carolina-based White Crane, which will become the company’s second branch in the state and marks its fourth acquisition in the past eight months.
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GAC Germany opens in Stade
Shipping and logistics services provider GAC Germany opened a new office in Stade on 1 January 1, 2024.
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Aker Solutions lands decommissioning order
Aker Solutions has been awarded a contract for the dismantling and recycling of a platform topside and jacket in the North Sea area.
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Tiong Woon and Mammoet Asia form strategic alliance with Thai market focus
Singapore-headquartered Tiong Woon has formed a strategic alliance with Mammoet Asia Holding as the companies aim to expand their presence in Thailand.