Heavy Lift | Business

The latest business news and developments of those active in the heavy lift and project logistics sector, including mergers & acquisitions (M&A), consolidation, expansion, forecasts and personnel changes across the sector.

Managerial reshuffle at TOTE Maritime

June 18 - Tote Maritime has appointed Michael Noone as president at TOTE Maritime Puerto Rico; Grace Greene will assume the role of president at TOTE Maritime Alaska.

HSH ready to invest

June 15 - Germany’s HSH Nordbank, once the world’s largest ship financier, is reportedly setting its sights on a return to maritime investments after years of financial turmoil.

Long Beach plans investment

June 15 - The port of Long Beach has approved a USD982 million budget for its upcoming fiscal year, with 70 percent of spending focused on modernisation and other construction projects at the port.

DFDS ups ro-ro orderbook

June 14 - DFDS has ordered an additional ro-ro vessel from the Chinese Jingling Shipyard, with delivery scheduled for the first half of 2020.

Insourcing a key threat to forwarders

June 13 - Logistics Trends & Insights has published its 2018 Evolving Freight Forwarding Market report, revealing that 54 percent of respondents think that shippers bringing their logistics functions in house is the biggest threat to the market.

Air Partner opens in LA

June 13 - UK-headquartered charter broker Air Partner has opened a new office in Los Angeles, USA, which will serve the southern Californian and broader West Coast markets.

Gates soars into Amerijet role

June 11 - Amerijet International has appointed Glen Gates as director of charter sales, responsible for the growth and diversification of the airline’s charter activities.

DeMarco steps up at Jaxport

June 11 - The port of Jacksonville (Jaxport) has appointed Kristen DeMarco as chief commercial officer, who will be responsible for leading the port’s international cargo sales.

Heavy Lift Across The World

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