Latest business news – Page 96
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ACS opens in Atlanta
Air Charter Service (ACS) has opened its sixth office in the USA in Atlanta, Georgia.
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Seafox 5 turns Blue
Fred. Olsen Windcarrier has renamed the jack-up vessel Seafox 5 to Blue Tern.
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End in sight for Hansa Heavy Lift
Dr. Christoph Morgen, preliminary insolvency administrator of Hansa Heavy Lift, has confirmed that the Hamburg-headquartered shipping line "will no longer have a business model at its disposal from March 2019 onwards".
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Boskalis sells SAAM SMIT Towage stake
Royal Boskalis Westminster has sold its stake in the SAAM SMIT Towage joint venture.
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Boskalis secures LNG contract
Royal Boskalis Westminster has been awarded a transportation contract that will see the Dutch shipping company deliver a number of large modules for a North American LNG export facility.
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dship partners with ISLA
dship Carriers has appointed Italian Shipping & Logistics Agency (ISLA) as its exclusive commercial agent in Italy.
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Crane Worldwide relocates in Chennai
Crane Worldwide Logistics has relocated its office in Chennai, India as it prepares for growth in the region.
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ALE settles in the USA
As part of its US expansion, ALE has established a permanent branch in the I-10 energy corridor with the relocation of its office in Houston.
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Enerpac to showcase innovations at bauma
Enerpac will showcase its expanded range of lifting systems for industrial movers and heavy lift contractors at this year’s bauma exhibition, which takes place in Munich from April 8 - 14.
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Nord/LB ties up with DSGV
Nord/LB has rejected a joint offer from two financial investors for a minority stake in the bank, as it focuses on a joint solution with the German Savings Banks Association (DSGV).
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BigMove establishes forwarding arm
BigMove, a European alliance of 13 medium-sized logistics companies, has established a project forwarding arm, BigMove Projekt.
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Jumbo pays tribute to founder
Jumbo Maritime has released a tribute video on YouTube in honour of the late Hans Kahn, who founded the company in 1968.
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BDO completes Moore Stephens merger
International accountant and shipping adviser Moore Stephens has completed its partial merger with advisory BDO.
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Panalpina shareholder rejects DSV's bid
Panalpina’s largest shareholder, the Ernst Göhner Foundation, has rejected DSV’s USD4.1 billion offer to acquire the Swiss freight forwarder.
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Tschudi opens in Rotterdam
Tschudi Logistics has opened an office in Rotterdam, the Netherlands.
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Ainscough builds upon safety culture
In 2018, Ainscough Group launched an employee engagement application designed to improve communications between its workforce and build upon the company’s safety culture.
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BKL acquires Bruns Spezial Logistik
BKL Baukran Logistik has acquired mobile crane and heavy haulage provider Bruns Spezial Logistik, expanding the Munich-based crane specialist’s presence in north Germany.
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Nord/LB confirms joint offer from investors
Hanover-based Nord/LB has confirmed that it received a joint offer from two financial investors for a minority stake in the bank.
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Kongstein teams up with GSL for US wind farms
European offshore engineering and logistics service provider Kongstein has signed a memorandum of understanding (MoU) with USA-based Green Shipping Line (GSL) to provide supply chain solutions for the offshore wind energy market in the USA.
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Ceva rejects CMA CGM's takeover bid
The board of Ceva Logistics recommended that shareholders reject CMA CGM’s latest USD1.67 billion offer to acquire the remaining shares of the Swiss logistics company.