Latest business news – Page 9
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NewsMammoet and Samyang Marine Group sign strategic partnership
Mammoet and Samyang Marine Group have entered into a new partnership in a strategic move to support South Korea’s growing offshore wind industry.
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NewsHeavy lift and haulage boosts Tiong Woon
Singapore-headquartered Tiong Woon attributed the strength of its heavy lift and haulage segment for its revenue growth during its financial year 2024.
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NewsCadeler profits fall but orderbook soars
Offshore installation contractor Cadeler reported a EUR153,000 (USD169,720 ) profit in the first half of 2024, down from EUR30 million (USD33.3 million) in the same period of 2024.
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NewsMilitzer & Münch opens country unit in Mumbai
Logistics firm Militzer & Münch has opened an office in Mumbai, India.
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NewsBlue Water Shipping opens Warsaw office
Blue Water Shipping has opened an office in Warsaw, Poland.
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NewsBinding bids placed for DB Schenker
DSV and a private equity consortium led by CVC have reportedly put in binding bids of around EUR14 billion (USD15.6 billion) for DB Schenker.
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NewsSumitomo acquires stake in EEW Offshore Wind
Tokyo-based Sumitomo has acquired an equity stake in monopile manufacturer EEW Offshore Wind.
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NewsBoskalis reports record half-year performance
Boskalis has seen its net profit rise 65 percent year-on-year to EUR 298 million (USD 327 million) in the first half of 2024.
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NewsStrong Q2 for Höegh Autoliners
Höegh Autoliners reported record-breaking financial performance in the second quarter of 2024, achieving a gross revenue of USD341 million a net profit after tax of USD174 million.
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NewsGAC Spain expands to Port of Huelva
Shipping and logistics service provider GAC Spain has opened a new office at the port of Huelva.
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NewsAertssen Group expands to USA
Belgium-based Aertssen Logistics will open a facility in Rincon, Georgia just 12 miles (19.3 km) from the port of Savannah.
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NewsPeters & May names BR Partners as exclusive Brazilian sales agent
UK-based Peters & May has signed an exclusive contract with Brazilian sales agent, BR Partners.
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NewsACS opens first office in Ireland
UK-based broker Air Charter Service (ACS) has opened a new office in Dublin, the firm’s first in Ireland.
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NewsAXL conference programme takes shape
This year’s AntwerpXL (AXL) exhibition and conference takes place October 9-10 and promises to help logistics and supply chain professionals navigate this emerging market.
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NewsInchcape opens Manila office
Inchcape Shipping Services has opened its new office in Manila as it strengthens its position in the Asia-Pacific (APAC) region.
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NewsBarnhart snaps up Mountain States Crane
Barnhart Crane and Rigging has purchased Mountain States Crane of Albuquerque, New Mexico.
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NewsAsstrA opens in Mumbai
Freight forwarder AsstrA Associated Traffic has opened an office in Mumbai, India.
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NewsABS awards AIP to CLS Wind for turbine assembly system
The American Bureau of Shipping (ABS) has awarded an approval in principle (AIP) to CLS Wind for its wind turbine assembly system.
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NewsDenzai and Megalift establish JV
Japan-headquartered heavy lift and transportation specialist Denzai and Algerian heavy lift transport company Megalift have established a joint venture (JV).
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NewsBlue Water to open facilities in former bottling plant in Greenland
Danish transport and logistics company Blue Water Shipping has opened new facilities spanning 9,800 m² in Nuuk, Greenland.