Latest business news – Page 43
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Osprey rolls out Canto library
UK-based Osprey Group has introduced software to support the bid process, aid safety compliance, and streamline customer and supplier collaboration.
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Samskip opens in Finland
Samskip has established a subsidiary in Helsinki, Finland, which the company hopes will help to grow shortsea, inland, and freight forwarding volumes.
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Unrest in Durban
Maritime insurance provider Gard has reported that local port operators in Durban, South Africa, have declared force majeure due to violent unrest and rioting in the area.
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RSGT stakes sold
Public Investment Fund (PIF) and Cosco Shipping Ports have each bought a 20 percent share in Red Sea Gateway Terminal (RSGT) from Saudi Industrial Services Co (SISCO).
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Auerbach and MINSHIP join forces
MINSHIP Shipmanagement and Auerbach Schifffahrt will merge their ship management activities in Bavaria and Hamburg, effective August 1.
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Hapag-Lloyd completes NileDutch acquisition
Following the approval from antitrust authorities, Hapag-Lloyd has completed the acquisition of shipping company NileDutch, which specialises in the West African container shipping market.
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LEEA and EKH team up
The Lifting Equipment Engineers Association (LEEA) and Erkende Keurbedrijven Hijs & Hefmiddelen (EKH) have partnered up to combine their expertise and support each other’s membership.
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Blue Water Energy & Projects Australia opens
Blue Water Shipping has launched its Energy & Projects Australia division, headquartered in Brisbane.
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OHT to combine with Subsea 7
OHT has entered into an agreement to combine with Subsea 7’s renewables business unit.
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Fred. Olsen Windcarrier selected for Baltic Eagle
Vestas Wind Systems has awarded Fred. Olsen Windcarrier the turbine installation contract for the Baltic Eagle offshore wind farm in Germany.
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Ocean7 takes over Kabel Trucking
Ocean7 Projects has acquired Kabel Trucking to form Ocean7 Trucking, effective July 5, 2021.
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PSA Breakbulk and Felbermayr team up
PSA Breakbulk and Felbermayr will jointly operate the 15-ha site beside Churchill Dock South at the port of Antwerp.
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FIATA and ICHCA renew MoU
The International Federation of Freight Forwarders Associations (FIATA) and the International Cargo Handling Coordination Association (ICHCA) have renewed their Memorandum of Understanding (MoU) which will see the two organisations pursue common goals.
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Fred. Olsen partners with Shimizu
Fred. Olsen Ocean (FOO), in cooperation with its subsidiaries Global Wind Service (GWS) and Fred. Olsen Windcarrier (FOWIC), has partnered with Shimizu Corporation to support growth and development in the offshore wind industry in Japan and worldwide.
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Transformer market growth charged by electricity demand
With demand for electricity on the rise, Wallenius Wilhelmsen said that it expects to see the shipment of transformers to increase in lockstep.
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Neele-Vat buys Steder Group
The Netherlands-based Neele-Vat Logistics has acquired Steder Group.
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Element expands footprint
Element International Logistics has opened three offices in Bursa, Eskişehir and Antalya in Turkey.
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Settling into the recovery
The latest report from Transport Intelligence (Ti) has found that the post-Covid-19 global forwarding market is settling in to its recovery phase after dramatic contractions in 2020.
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Höegh Autoliners mulls listing
Norway-headquartered Höegh Autoliners is considering a potential listing as part of its plan to build 12 Aurora-class multi-fuel and ammonia-ready vessels.