Latest business news – Page 8
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Newstransport logistic Southeast Asia outlines conference themes
Supply chain resilience, digitalisation and sustainability will be the main focus of the conference programme at transport logistic Southeast Asia and air cargo Southeast Asia, which will be held in Singapore from November 1 to 3, 2023.
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NewsUS offshore wind energy sector facing headwinds
The US Department of Interior held its first-ever offshore wind energy auction for the Gulf of Mexico region earlier this week, with lacklustre results.
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NewsSarens PSG forms joint venture with Aventus Energy
Sarens PSG and Aventus Energy have entered into a joint venture agreement to offer an integrated port marshalling service to the offshore wind sector.
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NewsCadeler reports strong H1 results
Offshore installation contractor Cadeler saw revenue in the first six months of 2023 hit EUR68 million (USD73.5 million), an increase of 57 percent against the same period last year.
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NewsKuehne + Nagel lands NEOM contract
Freight forwarder Kuehne + Nagel has secured a contract from Envision Energy to transport 190 wind turbine generators and 67 tower sets to Saudi Arabia’s special economic zone, NEOM.
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NewsMSIP and Crowley form offshore wind JV
Morgan Stanley Infrastructure Partners (MSIP) and US maritime, energy and logistics company Crowley have formed a joint venture to advance offshore wind energy solutions in the USA.
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NewsRhenus Project Logistics opens in Utah
Rhenus Logistics has expanded its project logistics division in the USA with an office in Utah.
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NewsAntwerpXL outlines conference agenda
AntwerpXL, taking place in Belgium from November 28-30, has shared details about the two-day conference agenda.
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NewsGAC Malaysia adds Kota Kinabalu office
GAC Malaysia has opened an office in Kota Kinabalu, expanding its presence in the region to provide solutions for the evolving needs of the shipping and energy sectors.
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NewsLS Cargo expands in Türkiye
Germany-headquartered project forwarder LS Cargo has opened an office in Istanbul, Türkiye.
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NewsRoyal Cargo and Trungnam SMC form strategic partnership
Philippines-headquartered Royal Cargo and Vietnam’s Trungnam SMC have signed a memorandum of understanding (MoU) for a strategic cooperation in lifting and heavy transport projects in the Philippines.
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NewsHareket partners with Indev in India
Türkiye-headquartered Hareket has signed a strategic partnership with India-headquartered Indev Shipping.
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NewsShareholders approve Egytrans NOSCO merger
Shareholders at Egypt-headquartered logistics group Egytrans approved the acquisition of 99.9 percent of National Transport and Overseas Services Company (NOSCO) through a share swap deal.
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NewsRobust performance for Wallenius Wilhelmsen
Wallenius Wilhelmsen reported robust performance figures in its second quarter 2023 results, yet the ro-ro shipping specialist noted that congestion at key ports remains a challenge.
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NewsESTA declares EC heavy transport proposals as a ‘step in the right direction’
The European association of abnormal road transport and mobile cranes (ESTA) has welcomed detailed proposals put forth by the European Commission (EC) on the weights and dimensions of heavy-duty vehicles allowed to operate on Europe’s roads, along with regulations governing heavy and abnormal transport.
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NewsDrewes Logistics expands its network
Bremen-headquartered Drewes Logistics has opened branch offices in Dornbirn, Austria, and Savannah, USA.
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NewsH1 2023 revenue and earnings rise at Boskalis
Boskalis has issued its half-year 2023 results, reporting a strong increase in revenue and earnings.
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NewsMammoet invests in UK operation
Mammoet has invested in its equipment fleet in the UK in order to support energy and infrastructure projects.
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NewsPSP Worldwide launches Hong Kong JV
UK-based freight forwarder PSP Worldwide Logistics has formed a joint venture with Unitex International Forwarding in Hong Kong.
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NewsBlue Water renews commitment in Guyana
Blue Water Shipping has received renewed approval for its local content certification in Guyana, strengthening its commitment to the country.