Latest business news – Page 54
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NewsSvitzer opens Panama headquarters
Svitzer Americas has opened its regional headquarters in Panama City, as part of the company’s ambitions to strengthen its presence in the region.
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NewsAgility opens in Mozambique
Global logistics provider Agility has opened a logistics park in Maputo, Mozambique to serve key African markets.
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NewsJumbo-SAL-Alliance comes to life
German breakbulk and project cargo carrier SAL Heavy Lift and Dutch maritime heavy lift transport and installation contractor Jumbo Shipping have commenced operations under their joint venture banner – Jumbo-SAL-Alliance.
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NewsPCB Future Projects expo moves event dates
The Project Cargo Breakbulk (PCB) Future Projects exhibition and conference in Houston, USA, has been postponed to November 3-4, 2021.
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NewsDelo Group outlines long-term goals
Russia’s Delo Group has approved its long-term strategy, which includes the development of its project logistics services and transportation of heavy cargo.
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NewsGrimaldi and Armas Trasmediterránea sign MoU
The Grimaldi Group and Armas Trasmediterránea Group have signed a memorandum of understanding (MoU) that will see a sale of assets and greater collaboration between the companies.
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NewsConbit opens APAC office
Mammoet’s subsidiary Conbit, which provides specialised lifting and structural engineering services, has opened an Asia Pacific (APAC) hub office in Malaysia.
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NewsDrewry reports rising rates
The Drewry Multipurpose Time Charter Index rose to USD7,795 per day in March 2021, representing a rise of almost 15 percent compared to the previous month.
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NewsRhenus in Arkon Shipping & Projects takeover
Rhenus Maritime Services has taken over Arkon Shipping’s shares in Arkon Shipping & Projects.
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NewsScan Global Logistics opens in France
Scan Global Logistics (SGL) is to open an office in Lille, France, on April 15.
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NewsTadano outlines strategic plan
Crane manufacturer Tadano is implementing several strategic global initiatives to better serve its customers.
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NewsBiden outlines infrastructure plan
US President Joe Biden recently announced the USD2 trillion American Jobs Plan, which has earmarked investment for the nation’s infrastructure.
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NewsTadano concludes protective shield proceedings
Tadano Demag and Tadano Faun have exited protective shield proceedings.
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NewsTime charter rates rise
According to the latest report from shipbroker Toepfer Transport, time charter rates in the multipurpose shipping sector are continuing to climb.
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NewsEver Green freed but what comes next?
The grounded container vessel Ever Given has been refloated and the Suez Canal cleared for passage, but the ripple effects of the blockage could last for much longer.
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NewsMarr wins rail project work
Australia-based Marr Contracting has been awarded a heavy lift contract to support the construction of the Boggo station as part of Brisbane’s Cross River Rail project.
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NewsTutt Bryant and Cranecorp form JV
Australian crane contractors Tutt Bryant and Cranecorp have formed a joint venture that will provide a single source of supply for cranes, heavy lifting, heavy transportation and alternative lift and shift solutions.
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NewsBertling teams up with United Logistics in Qatar
Bertling has formed a partnership with United Logistics in Qatar.
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NewsLiebherr invests in Ehingen
Crane manufacturer Liebherr is investing in its site in Ehingen, Germany. The upgrades will see its warehouses modernised, and its internal material flows restructured, amongst other improvements.
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NewsBlue Water posts record result
Blue Water Group posted a profit of EUR25.8 million (USD30.5 million) in 2020, surpassing last 2019’s record result of EUR25.7 million (USD30.4 million).