Latest news – Page 17
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Drewry: Disaster recovery to boost West Coast breakbulk imports
The recent wildfires that wreaked havoc across Los Angeles are expected to drive up import demand for bulk and breakbulk commodities, according to shipping sector analyst Drewry.
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Sarens assists with expansion of power plant in Uzbekistan
Sarens is collaborating with its client Çalık Enerji on the expansion of Talimarjan thermal power plant in Uzbekistan.
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Drewes opens office in Vietnam
Logistics service provider Drewes Group has opened a new office in Vietnam, the company’s 13th international location.
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Henneberger Schwerlast adds LTM 1300-6.3 to fleet
German crane and logistics contractor Henneberger Schwerlast has purchased an LTM 1300-6.3 mobile crane, becoming the company’s most powerful mobile crane.
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DHL Industrial Projects appoints Dudas as MEA regional VP
DHL Industrial Projects has appointed Peter Dudas as its regional vice president, Middle East and Africa (MEA).
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Gemini Cooperation: ambitious reliability targets
The Gemini Cooperation, an alliance between container shipping giants Hapag-Lloyd and Maersk, is scheduled to start operating on February 1, 2025, aiming to set the industry benchmark when it comes to service reliability.
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MSI Q1 2025: Carrier confidence dips on Trump trade fears
The 16th edition of One World’s Market Sentiment Index (MSI) for the multipurpose and breakbulk shipping sector shows a slight softening in overall carrier sentiment. Protectionist trade policies, shifting global freight dynamics, and geopolitical instability are all dragging on the outlook. Energy markets are a source of optimism but shipping lines are bracing for rate volatility ahead.
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Port of Tilbury invests in third LHM 550 MHC
The port of Tilbury has added a third LHM 550 mobile harbour crane (MHC) to its fleet.
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MOL takes delivery of Prima Verde
Japan’s Mitsui O.S.K. Lines (MOL) has taken delivery of the 17,661 dwt Prima Verde at Onomichi Dockyard in Japan.
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Felbermayr expands transformer station in Austria
Austria-based Felbermayr has expanded one of the largest transformer stations in Austria to support electricity transmission between its home market and Germany.
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Megalift Malaysia handles more than 100 cable drums
Megalift Malaysia has transported more than 100 cable drums for a data centre project in Johor Bahru, Malaysia.
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Heavy lifts and trade shifts
As AAL Shipping delivers a 560-tonne crane body from Japan to the USA, the company reflects on the resilience of heavy lift logistics amid shifting US trade policies and geopolitical tensions.
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FLS Group and AC Logistics join forces
FLS Group has entered into a strategic partnership with Philippines’ specialist AC Logistics, a subsidiary of the Ayala Corporation.
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Meriaura restructures business
Finland’s Meriaura Group has signed a conditional share exchange agreement to acquire the entire share capital of Summa Defence. In connection with the arrangement, the company’s marine logistics business (Meriaura and its wholly owned subsidiary VG-EcoFuel) will be sold to former parent company Meriaura Invest. The name of the new listed company will be Summa Defence.
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TO Group becomes commercial agent for Polaris Autoliners
Shipbroker and liner agent Transport Overseas Group (TO Group) has become the commercial agent for British shipping company Polaris Autoliners, effective January 1, 2025.
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Sarens lifts pedestrian and cyclist path into place in France
Sarens has lifted a pedestrian and cyclist path into place in Albi, France, which runs along a 19th century railway viaduct on the Tarn River.
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Militzer & Münch launches country unit in Belgium
Logistics company Militzer & Münch will open its country unit in Belgium on January 27, 2025.
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POC places 5,000-tonne heavy lift vessel order
Penta-Ocean Construction (POC) has contracted Seatrium to build a 5,000-tonne lift capacity vessel for the Japanese offshore wind energy market.
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Antwerp-Bruges sees growth
At 278 million tonnes, the port of Antwerp-Bruges witnessed total throughput growth of 2.3 percent in 2024. Conventional breakbulk stood at 10 million tonnes (up 0.1 percent on 2023), meanwhile ro-ro figures sat at 20.3 million tonnes (down 3.4 percent on the previous year).
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Gard expands portfolio in Japan
Marine insurance provider Gard has expanded its product portfolio in Japan by adding marine and energy risks, including hull and machinery, to its services.