Latest business news – Page 62
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NewsLiebherr reports strong 2019 but future looks uncertain
2019 was another successful year for the Liebherr Group, with a turnover of EUR11.75 billion (USD12.8 billion). Forecasts for 2020, however, are harder to predict.
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NewsCovid-19 shakes up Sulphur 2020
The rapid spread of Covid-19 has had a multi-faceted impact on global shipping. HLPFI takes a look at how the outbreak has caused shockwaves in bunker prices and what this means for the implementation of the sulphur 2020 regulations.
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NewsAqualisBraemar taps northern talent
Global marine, energy, and offshore consultancy service provider AqualisBraemar has established an office in the port of Tyne, to support growing services and clients in North East England.
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NewsEC extends block exemption for liner shipping consortia
The European Commission (EC) has extended the validity of block exemption for liner shipping consortia for another four years.
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NewsBoskalis issues Covid-19 update
Royal Boskalis Westminster has suspended crew and project staff rotations in response to the outbreak of Covid-19, but cargo is still moving.
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NewsA bleak economic picture
As a result of the coronavirus outbreak, the Economist Intelligence Unit (EIU) has revised its growth forecasts for countries across the world.
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NewsBreakbulk Europe moved to September
Breakbulk Europe will now take place from September 29 to October 1, 2020 at Messe Bremen in Germany.
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NewsCaterpillar considers Covid-19 impact
The magnitude of the Covid-19 pandemic will be determined by its duration, geographic spread, business disruption and overall impact on the global economy, says equipment manufacturer Caterpillar.
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NewsCeva declares force majeure
Ceva Logistics has invoked force majeure as a result of the Covid-19 outbreak
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NewsAfrica faces debt crisis
A research study by the Jubilee Debt Campaign (JDC) states that many poor African countries are already suffering from a debt crisis as a result of Covid-19.
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NewsBIFA calls to extend Brexit transition
The British International Freight Association (BIFA) is calling on the UK government to request an extension to the Brexit transition period.
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NewsPMI plummets in USA and Europe
The Purchasing Managers’ Index (PMI) – a bellwether of economic health for the manufacturing and service sectors – has dropped to record lows in both the USA and eurozone during March.
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NewsLatin America: Behind the curve but preparing for the worst
The Central and South America regions were among the last to be hit by Covid-19. To be forewarned is to be forearmed, but little can prevent the adverse impact coronavirus will have on the project logistics supply chain.
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NewsMultimodal 2020 rescheduled
Multimodal 2020 has been rescheduled and will now take place from November 4-6 at the NEC in Birmingham, UK.
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NewsProjects and investments curtailed
There is uncertainty as to how Covid-19 will affect the project logistics sector in the long-term, but initial indicators are ominous given recent statements made by leading project developers around the world.
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NewsForce majeure declared
DHL Global Forwarding has invoked force majeure as a result of the Covid-19 coronavirus outbreak.
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NewsFred. Olsen secures CFXD contract
CSBC-DEME Wind Engineering has contracted Fred. Olsen Windcarrier for the transport and installation of wind turbines for the Changfang and Xidao offshore wind farms (CFXD) in Taiwan.
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NewsKeeping track of Covid-19 port restrictions
Wilhelmsen Ship Agency has introduced an interactive Covid-19 port restrictions map covering gateways around the world.
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NewsCovid-19 tightens global grip
When China sneezes, the world turns to its sick bed. Although China is now in the recovery position and regaining strength, the rest of the world is battening down the hatches.
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NewsWallenius Wilhelmsen outlines Covid-19 contingency
Wallenius Wilhelmsen will recycle up to four vessels as the shipping company prepares “for a challenging time ahead” as a result of the Covid-19 crisis.