Business news – Page 2
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NewsThe rising tide of renewables
The Heavy Lift Group’s (THLG) 72nd international conference took place in The Hague, the Netherlands during May, bringing together professionals from over 50 countries for talks on industry best practice, innovation and the future of the heavy lift and project cargo sectors.
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NewsOne World Shipbrokers reopens in The Hague
One World Shipbrokers has reopened from a base in The Hague, the Netherlands. The company was previously based out of Hamburg, Germany.
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NewsNoatum Project Cargo rebrands as Noatum Logistics Project Solutions
Noatum Project Cargo has rebranded as Noatum Logistics Project Solutions as part of a recent group-wide business shake-up.
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NewsUnion Pacific and Norfolk Southern agree to merge
Union Pacific has made a stock and cash offer of roughly USD85 billion for fellow North American railroad operator Norfolk Southern. The combined entity would control a rail system that spans the USA from California to the East Coast.
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NewsGebrüder Weiss puts roots down in the Philippines
Gebrüder Weiss has established a new country organisation in the Philippines on August 1.
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NewsNoatum Maritime inaugurates Shanghai office
Noatum Maritime, part of AD Ports Group’s maritime and shipping cluster, has officially opened its first office in Shanghai devoted to its agency and maritime services arm – Noatum Maritime Services.
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NewsHPL One launches in Dubai offering global project logistics solutions
HPL One has been launched in Dubai, UAE, to provide end-to-end solutions in global project logistics.
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NewsMitsui and MOL to acquire the port of Nigg
Scotland’s Global Energy Group (GEG) has reached an agreement on the sale of three of its group companies – including the port of Nigg – to long term investor, Mitsui & Co. Europe and Mitsui O.S.K. Lines (MOL).
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NewsNoatum Logistics opens Beijing-Tianjin regional office
Noatum Logistics, part of AD Ports Group, has added to its presence in China with a Beijing-Tianjin regional office to serve the growing Chinese domestic market and the broader Asia region.
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NewsJAS to acquire Pentagon Freight Services
USA-based logistics firm JAS is moving forward with plans to acquire Pentagon Freight Services with the signing of a share purchase agreement.
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NewsHarlyn opens Rotterdam office
UK-based Harlyn Solutions has opened an office in Rotterdam, the Netherlands, to bring the company closer to its customers.
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NewsFinal investment decision for Sizewell C
The UK government has approved the long-anticipated final investment decision (FID) for the Sizewell C nuclear power plant project, giving the green light for the GBP38 billion (USD51.5 billion) capital project.
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NewsCapes Shipping Agencies bolsters US Gulf Coast presence
Capes Shipping Agencies, a subsidiary of freight forwarder and Customs broker CV International, has opened two offices – one in Corpus Christi, Texas, and another in Mobile, Alabama.
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NewsLerwick-based partnership formed to ramp up decommissioning activity
Brown & Mason, a specialist in heavy industry and demolition works, has partnered with Paterson Energy Logistics to scale up decommissioning activities at the Dales Voe site in Lerwick Harbour in Scotland.
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NewsHAV establishes US subsidiary
UK-based airship firm Hybrid Air Vehicles (HAV) will establish a USA-based subsidiary to meet growing demand from a range of sectors, including cargo.
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NewsSwire Shipping opens second office in Japan
Singapore-headquartered Swire Shipping has opened a second office in Japan, adding Nagoya to its pre-existing premises in Tokyo.
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NewsEmpire Energy and Ellevo form e³ to serve offshore wind sector
Empire Energy and UK-based heavy lift consultancy Ellevo Group formed a strategic joint venture to meet the evolving demands of the offshore wind industry: Empire Energy–Ellevo (e³).
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Militzer & Münch opens Singapore country unit
Logistics company Militzer & Münch has opened a country unit in Singapore, serving as a key regional coordination centre for cross-border logistics in Southeast Asia.
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NewsPortico restructures business
UK-based Portico has restructured its business and officially launched three new companies – Portico Shipping, Portico Logistics and Portico Port Services.
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NewsFLS Group and NEPC team up in the Philippines
FLS Philippines has partnered with NEPC Construction to support the FDC Misamis expansion project, an initiative aimed at dealing with the growing energy demands of Mindanao.