Latest business news – Page 92
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M&M expands in Europe
Militzer & Münch (M&M) is building a logistics facility, covering approximately 2,600 sq m, in Sofia, Bulgaria.
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SRT restructures
SRT Transportation Solutions, a Houston-based heavy rail transport logistics management company, has restructured its business.
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ALE receives updated ISO certificate
ALE has received a global health, safety, quality and environment (HSQE) accreditation, ISO 45001:2018.
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Shipping associations join forces
Three shipowner associations representing more than 90 percent of the global merchant fleet have agreed to strengthen ties in a bid to tackle geopolitical threats affecting the sector.
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Egytrans deploys gantry system for power plant project
Egytrans has transported and lifted a 245-ton (222.3-tonne) turbine and 290-ton (263.1-tonne) generator for a power plant construction project in western Cairo, Egypt.
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Aertssen Group acquires ADM Team Heavy Weight
Belgium’s Aertssen Group has strengthened its position in the heavy lift market with the acquisition of ADM Team Heavy Weight.
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ALS opens in Stockholm
Abnormal Load Services (ALS) has increased its Scandinavian coverage by opening an office in Sweden.
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Record year for Liebherr
The Liebherr Group has achieved an annual turnover of over EUR10 billion (USD11.3 billion) for the first time in the company’s history.
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Spliethoff adds another five Hansa vessels to its fleet
The Spliethoff Group has confirmed the acquisition of a further five Hansa Heavy Lift vessels.
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Nord/LB exits ship financing
Germany bank Nord/LB has confirmed that it will withdraw from the ship financing sector.
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GAC sets up in Guyana
GAC has established GAC Logistics and Shipping (Guyana), which will provide support for oil and gas clients in the Atlantic region of South America.
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Breithaupt & Philipp buys ‘compact powerhouse’
Germany-based Breithaupt & Philipp has bought a three-axle Demag AC 60-3 all-terrain crane.
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BIMCO to open office in Athens
The Baltic and International Maritime Council (BIMCO) is opening an office in Athens later this year.
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Solar improvements generate new project logistics business
Developments in the design and size of solar power installations are opening up opportunities for project forwarders and heavy lift providers, reports Phil Hastings.
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Straightpoint partners with Dutest in UAE
Lifting equipment supplier Dutest will distribute Straightpoint’s range of load cells throughout the UAE.
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CM Labs and Antycip form partnership
CM Labs Simulations has established a presence in Europe by partnering with Antycip Simulation.
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Noatum closes MIQ takeover
Noatum Logistics has completed the acquisition of USA-based MIQ Logistics.
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Breakbulk Europe returning to Bremen in 2020
The organisers of the Breakbulk Europe conference and exhibition confirmed that the event will, for the third consecutive year, return to Bremen.
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AntwerpXL readies for first show
The new three-day breakbulk, ro-ro and heavy lift project cargo event, AntwerpXL, is readying for its inaugural show, which takes place from May 7-9 this year at the Antwerp Expo.
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Jill joins Fred. Olsen's fleet
Fred. Olsen Windcarrier has signed a long-term time charter agreement with Falcon Global that will see the jack-up vessel Jill join its fleet.