Acquires

Beşiktaş Shipping of Turkey boosts its fleet to 39 vessels with a $99 million investment, acquiring three new ships.

Sanmar, a leading Turkish shipbuilder, acquires Boğaziçi Shipyard, enhancing its global presence in the tugboat industry.

ORLANDO forwarder Allstates WorldCargo has acquired Seattle forwarder Red Arrow Logistics, reports London's Air Cargo News

GLOBAL shipping, logistics and marine services provider GAC has acquired one of New Zealand's leading shipping agencies Quadrant Pacific from Swire Shipping for an undisclosed sum

DHL Supply Chain has expanded its Mexican footprint with the acquisition of Mexico-based pharmaceutical and healthcare logistics specialist New Transport Applications (NTA)

SOUTH Korean liner operator SM Line Corporation has become a minority shareholder in its larger compatriot rival HMM, with a 0

BOLLORE Logistics of France has expanded its presence in the Nordics with the acquisition of a majority stake in the Swedish company Global Freight Solutions (G Solutions) and its Finnish affiliate, reports London's Air Cargo News

Baleària continues to acquire tonnage when it sees fit

Yildirim Group subsidiary Yilport Holding has acquired 100% shares of Gävle Container Terminal and Baltic Sea Gateway, claiming the rights to operate container, bulk, general cargo, rail and CFS services in Port of Gävle terminals as part of a 40-year concession.

Dalian Shipbuilding Industry Corporation (DSIC) has announced that its subsidiary, Dalian Shipbuilding Industry Marine Services

Trelleborg, through its business area Trelleborg Wheel Systems, has signed an agreement to acquire Maine

SINGAPORE's port terminal operator, PSA International Pte Ltd, is expanding its global footprint after inking an agreement to acquire 60 per cent of Ashcroft Terminal, a 320-acre transload and storage terminal in British Columbia, Canada, located 300 kilometres from the port of Vancouver

FEDEX Corp has acquired Colombia's Cargex SA, an air freight forwarder specialising in perishables exports, as well as customs broker Agencias de Aduanas Aduanamos SA Nivel 2, a Cargex affiliate, reports New York's FreightWaves

GENEVA, Switzerland-headquartered Mediterranean Shipping Company (MSC) has taken control of 100 per cent of the Portonave Container Terminal at the Port of Navegantes, one of Brazil's most important export ports and a vital gateway for food exports.

SWISS forwarding giant Kuehne + Nagel (K+N) has completed the acquisition of the perishables business of Panatlantic Logistics, Ecuador in a move to strengthen its position in the export market to the US, Europe and the Asia-Pacific region

AMERICAN Shipper, a leading news publication serving the global shipper community has been acquired by FreightWaves for an undisclosed sum

INDONESIAN domestic carrier Meratus Line has purchased its largest boxships to date, by acquiring a pair of 2,474 TEU vessels - Kanaga Island and Elba Island - from Hamburg-based Soundview Maritime for an en bloc price reported by Alphaliner of US$13 million.

KERRY Logistics Network Ltd has acquired Shipping and Airfreight Services (Pty) Ltd (SAS), a Johannesburg, South Africa-based freight forwarding and logistics company that was established 30 years ago

SWISSPORT has taken over complete control of Heathrow Cargo Handling Ltd (HCH) after acquiring the 50 per cent equity interest held by joint venture partner Air France for an undisclosed amount, reported London's Air Cargo News