Latest business news – Page 88
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NewsMammoet in Meyer takeover
Mammoet has agreed to acquire heavy lifting, installation and assembly specialist Meyer Anlagenbau.
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NewsPeel Ports acquires Quality Freight
The UK’s Peel Ports Group has acquired Quality Freight for an undisclosed amount.
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NewsBreakbulk Europe kicks off
More than 550 exhibitors are preparing for the start of this year’s Breakbulk Europe exhibition, which kicks off later today in Bremen.
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NewsMultipurpose charter rates dip
Time charter rates in the multipurpose shipping sector have declined over the last month, according to the latest data from shipbroker Toepfer Transport.
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NewsDP World acquires Fraser Surrey Docks
DP World has acquired the Canadian multipurpose terminal Fraser Surrey Docks from Macquarie Infrastructure Partners (MIP).
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NewsDrake closes Cometto deal for ANI
The Drake Group, in its capacity as representative of the Cometto brand in Australia, has received an order from Australian Naval Infrastructure (ANI) for 16 self-propelled MSPE modules.
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NewsDemag duo for Cosmo
Australia’s Cosmo Cranes has added two Demag all-terrain cranes to its fleet.
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NewsBIMCO to publish offshore decommissioning contract
The Baltic and International Maritime Council (BIMCO) is set to publish an international standard contract for offshore decommissioning projects – DISMANTLECON.
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NewsCrowley realigns activities
Crowley Maritime Corporation has realigned its shipping and solutions business units in a bid to enhance its focus on non-asset based customer solutions.
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NewsQube in LCR takeover
Australia-based Qube Holdings has acquired industrial logistics service provider LCR Group in a deal valued at AUD135 million (USD93.2 million).
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NewsDamen opens in Helsinki
Damen has opened an office in Helsinki as it looks to take advantage of Finland’s engineering expertise.
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NewsHM Global opts for Arkon
Turkey-based HM Global Projects has appointed Arkon Shipping & Projects as its chartering agent.
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NewsACS relocates Moscow base
Air Charter Service (ACS) has relocated its Moscow, Russia, operation to larger premises in the city.
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NewsMaersk progresses with logistics integration
APM Terminals Inland Services will be integrated into Maersk Logistics & Services from August 1, 2019, as the shipping company looks to develop its landside service offering.
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NewsOakley acquires learning platforms
KVH Industries has sold its maritime training business, Videotel, to an affiliate of Oakley Capital for USD90 million.
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NewsScrubber debate rumbles on
As the IMO’s Marine Environment Protection Committee (MEPC74) meets this week in London, several environmental organisations have raised concerns about the use of scrubbers as an alternative compliance mechanism for the looming 2020 sulphur regulations.
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NewsPOSH sets up in Brunei
PACC Offshore Services (POSH) has established a Brunei-based associated company.
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NewsIndustry gathered at AntwerpXL
Last week, more than 3,000 logistics professionals attended the inaugural AntwerpXL exhibition from May 7-9.
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NewsGTI completes Jetco acquisition
Canada’s GTI Transport Solutions has acquired Jetco, a Houston-based haulier that specialises in flatbed, heavy and intermodal logistics.
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NewsTariff hikes cause concern
The escalating bilateral trade war between the USA and China is reverberating across international markets.