Latest news from Heavy Lift & Project Forwarding International magazine

Hutchison takes TMA stake

December 22 - Hutchison Ports has acquired a 50 percent shareholding in TMA Logistics.

TMA Logistics has a variety of general cargo terminal operations together with warehousing, shipping, logistics and project cargo activities at three sites in Amsterdam and one in Antwerp as well as at the Hutchison Ports' Amsterdam Container Terminal (ACT).

Commenting on the acquisition, Clemence Cheng, executive director, Hutchison Ports, said: "The acquisition of a 50 percent stake in TMA Logistics complements both our existing operations in Amsterdam and the activities of Hutchison Logistics.

"Together with TMA, we will maximise the benefits of operating through Hutchison Ports' network to develop new business opportunities in areas including short-sea container traffic, ro-ro, vehicle handling, and general and project cargo."

Gerben Matroos, managing director of TMA, added: "With this step we have the opportunity to grow sustainably in the Amsterdam-Rotterdam-Antwerp range. With the worldwide network of Hutchison Ports, we are now able to expand our activities substantially.

"The North Sea Canal terminals in Velsen and Amsterdam are ideally located for offshore activities related to oil, gas and wind energy. Also, local hubs for markets in building and construction materials have great potential. Short sea connections from the Amsterdam terminal include Sweden, Finland, UK and Norway, together with rail connections to Germany and China."

The value of the transaction has not been disclosed.

 

 

www.hutchisonports.com

www.tmalogistics.nl

Heavy Lift | News

Project Cargo Summit set to return in 2019 thumbnail image

Project Cargo Summit set to return in 2019

September 18 - Having made its debut this year, the Project Cargo Summit is set to return to Rotterdam next year, as the organisers announce dates for 2019.
Views: 424
Insourcing: a threat to project forwarders? thumbnail image

Insourcing: a threat to project forwarders?

September 14 - At the inaugural Project Cargo Summit, held at Rotterdam’s Onderzeebootloods this week, questions were raised about the future role of freight forwarders in the project cargo supply chain, as shippers start to bring their transport activities in-house.
Views: 1052
Gruber and Gebrüder handle cooler thumbnail image

Gruber and Gebrüder handle cooler

September 10 - Gruber Logistics and Gebrüder Weiss have transported a cooler component, weighing 80 tonnes, from Hungary to Austria.
Views: 806
XLP AGM welcomes record number of attendees thumbnail image

XLP AGM welcomes record number of attendees

September 7 - Over 140 delegates from around the world have gathered in Ho Chi Minh City, Vietnam for the XLProjects (XLP) network’s 6th annual general meeting (AGM).
Views: 949

Heavy Lift Across The World

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