Latest news from Heavy Lift & Project Forwarding International Magazine

Heavy Lift Across the World

CMA CGM ups CEVA stake 

CMA CGM has increased its stake in CEVA Logistics to 33 percent.

CMA CGM’s purchase of more shares follows DSV’s confirmation that its recent offer to takeover CEVA Logistics was rejected by the CEVA board, as HLPFI reported here

HLPFI readers may recall that CMA CGM acquired its initial stake in CEVA Logistics as part of the planned flotation of the CEVA business earlier this year. 

Since then, CMA CGM’s duty to not increase its holding above 24.99 percent of the share capital before November 5, 2018 has been amended so that CMA CGM can increase its holding to up to one third of the voting rights. 

www.cevalogistics.com

www.cma-cgm.com

Heavy Lift | News

EU recognises Scheuerle and Kamag thumbnail image

EU recognises Scheuerle and Kamag

April 23 - The EU Commissioner for budget and human resources, Günther Oettinger, congratulated TII Group for a combined 200 years of innovation and competence at its subsidiaries, Scheuerle and Kamag.
Views: 84
Ceva launches BRI block train thumbnail image

Ceva launches BRI block train

April 22 - Ceva Logistics North Asia has launched a block train service from China to Europe as the company looks to tap into the potential of the Belt and Road Initiative (BRI).
Views: 273
Penman joins Malin React thumbnail image

Penman joins Malin React

April 22 - Malin Group has named Graham Penman as business unit manager of its recently launched Malin React division.
Views: 1892

Heavy Lift Across The World

Discover heavy lift and project logistics industry news from around the world by region.