Latest business news – Page 5
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NewsEgytrans targets Saudi Arabian projects market with Links Investment deal
Egyptian logistics and transport provider Egytrans and Saudi-based investment firm Links Investment will establish a limited liability company in Saudi Arabia.
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NewsDeutsche Bahn starts sale process for logistics subsidiary DB Schenker
Deutsche Bahn has launched the sale process for DB Schenker, after it agreed to the sale of its freight forwarding subsidiary late in 2022.
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NewsPartnership formed to tackle offshore module transportation
Aker Solutions, K2 Project Forwarding and Meriaura have formed a partnership for the transportation of offshore modules.
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NewsCF&S Group acquires DAKO Worldwide Transport
CF&S Group, through its subsidiary CF&S Germany, has acquired 100 percent of the shares of project logistics specialist DAKO Worldwide Transport.
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NewsMyCrane signs MoU with Equip9 to facilitate heavy equipment selection
Online crane rental platform MyCrane has signed a memorandum of understanding (MoU) with heavy equipment application Equip9 to advance their respective technical and commercial projects.
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NewsFalcon awarded ExxonMobil contracts
Falcon Logistics, an affiliate of Blue Water Shipping, has signed three contracts with ExxonMobil Guyana covering vessel agency and wharfage operations, Customs clearance, and inland transportation in Georgetown and Trinidad.
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NewsRoliProjects helps youngster achieve driving ambition
Canadian project forwarder Rohde & Liesenfeld, which trades under the brand name RoliProjects, is sponsoring 17-year-old racing driver Alex Berg.
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NewsHLPFI scoops Seahorse awards
HLPFI’s deputy editor Sophie Barnes was presented with the Multipurpose Cargo Logistics Journalist of the Year award, sponsored by OIA Global, at the Seahorse Freight Association Journalist Awards held on December 11, 2023 in London.
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NewsCOSCO Shipping Specialized Carriers opens in Melbourne
COSCO Shipping Specialized Carriers (Southeast Asia) has opened an office in Melbourne, Australia.
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NewsACS opens Thailand office
Air Charter Service (ACS) has opened an office in Bangkok, Thailand, to further strengthen the company’s presence in Asia.
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NewsHemisphere Freight to acquire Magnus Group divisions
UK-based Hemisphere Freight Services is set to purchase the warehousing and freight forwarding divisions of Magnus Group, as well as all associated operational staff.
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NewsDEME partners with Faria Renewables to explore Greek opportunities
DEME and Greek renewable energy developer Faria Renewables have signed a cooperation agreement to explore opportunities and co-develop offshore wind farms in Greece.
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NewsHansa Meyer lands SMS project
Bremen-headquartered project forwarder Hansa Meyer Global Transport has secured a project with SMS group to ship equipment for a state-of-the-art aluminium flat rolling mill in the USA.
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NewsMaersk targets Southeast Asia with three-year investment plan
A.P. Moller-Maersk (Maersk) will invest more than USD500 million to expand its operations in Southeast Asia, targeting its logistics and services arm as well as its ocean and terminals infrastructure.
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NewsALS Worldwide signs MoU with Somaliland
ALS Worldwide Group has signed a memorandum of understanding (MoU) with the Government of Somaliland as it expands its transportation services out of Berbera.
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NewsAIT Worldwide to acquire Lubbers Logistics
AIT Worldwide Logistics has entered into a binding agreement to acquire Lubbers Logistics Group, a European logistics company specialising in high-value, complex, and time-sensitive transport services.
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NewsBarnhart acquires Armstrong Crane and Rigging
USA-based Barnhart Crane and Rigging has made its third acquisition of the year having agreed to buy Armstrong Crane and Rigging, including its operated crane rental service and all associated personnel and equipment.
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NewsSSA and WTS to form JV
SSA Marine and Waterson Terminal Services (WTS) are forming a joint venture that aims to support the latter’s growth as a provider of terminal management and stevedoring services for bulk, breakbulk, automobile and offshore wind customers in New England, USA.
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NewsOmega Morgan acquires Donald Rigging
Transport engineering specialist Omega Morgan has acquired Donald Rigging, which specialises in rigging and transport services in Western Canada.
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NewsLogistics journalism community to come together at Seahorse Journalist Awards
The Seahorse Freight Association will announce the winners of its annual Journalist Awards at the 17th century London venue, Amazing Grace, on December 11th.