Hapag-Lloyd and CSAV complete merger

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With annual sales of US$12B and around 200 vessels with a capacity of 1M TEU, the merged container operations comprise the world's fourth bi...

New owner for Flensburger

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Norway's privately-owned Siem Industries has acquired German shipbuilder Flensburger Schiffbau Gesellschaft mbH & Co KG...

Sort & Store changes hands

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The brand name of the Germany-based special spreaders and attachments maker is being retained...

Strautmann acquires Langendorf

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Under the deal, the Langendorf name will be retained and production will continue at the existing plant...

Hapag-Lloyd turns in better results

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Hapag-Lloyd has reported improved 1Q results, with freight rates up 4.2% year on year and losses significantly reduced...

Hamburg to increase stake in Hapag-Lloyd

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The City of Hamburg is to buy part of TUI AG's stake in the German flag carrier. The deal will take the Alfred Ballin Consortium's stake in ...

Terex closing in on Demag

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The acquisitive US construction machinery company has now secured almost a 73% stake in Demag Cranes...