Archives



August 2019

ECS opens Porto outlet

Airfreight general sales and service agent ECS Group is to open an office in Porto (OPO) this summer. Based at Francisco Sá Carneiro airport, the three-strong ECS Group team will be led by Susana Pacheco. [+]

Dutch firm ponders Rosyth ferry revival

TEC Offshore is considering a plan to reintroduce daily ferry services to and from the Scottish port of Rosyth, Reuters reports. The new service would operate to and from Groningen in the Netherlands.  According to the report, a spokesman for TEC Offshore confirmed that discussions had taken place but declined ... [+]

Bank funds secure Maritime growth

Felixstowe-based container logistics company Maritime Transport says it will make a number of major strategic changes to strengthen its business after securing an eight-figure finance package from HSBC. The funding has allowed the business to develop its existing freehold property portfolio, creating a network of rail freight hubs across the ... [+]

Stobart chief quits over accounts error

Eddie Stobart chief executive Alex Laffey has stood down from the logistics company after its profits were found to be overstated by £2 million. Shares in the company had fallen from £1.60 a share in early 2017 to 70p before trading was suspended. Half-year results due for publication on 29 ... [+]

FTAI calls for Brexit support funds

FTA Ireland (FTAI) is calling on the Irish government to support logistics businesses through the possible cliff-edge of a No Deal Brexit by providing them with preparedness funding in the 2020 Budget. General manager Aidan Flynn has asked Minister for Finance, Paschal Donohoe, to support the industry through a potentially turbulent ... [+]

Barrett strengthens Shoreham steel business

Independent stockholder Barrett Steel has taken a specialised terminal at Shoreham Port after the original leaseholder, John Parker & Son, went into administration on 20 August. Ten years ago, the south coast port invested in a modern terminal with quayside facilities. The first shipment for Barrett is expected to arrive ... [+]

Forwarder checklist ticks all the boxes

Freight forwarder Rhenus Logistics has produced a checklist for international shippers of goods to in the run-up to Brexit. Suggested actions include registering for an EORI number, signing up for the Transitional Simplified Procedure (TSP), appointing a reputable customs broker, determining the value of goods being traded for statistical and ... [+]

More funding to help port towns prepare for Brexit

The Government has set up a £9 million fund to get places that have or are near to a major air, land or sea port ready for Brexit. Some £5 million will be go to local councils and £4 million to local resilience forums in England. The funding can be used ... [+]

DP World signs free market deal

DP World has signed a partnership with Zhejiang China Commodity City Group Company to develop a ‘Traders Market’ in Jebel Ali Freezone (JAFZA). DP World will hold a majority share in the 70/30 joint venture. The Market project will about 800,000sq m, with Phase 1 development covering about 220,000 sq ... [+]

Hubs help clinch Ceva oil and gas extension

CEVA Logistics has renewed its contract with oil and gas exploration firm Borr Drilling for another year to the end of August 2020. Borr owns and operates jack-up rigs of modern and high-specification designs providing drilling services worldwide and it has been working with Ceva since its inception in 2016. ... [+]

More »