Business news – Page 23
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Mammoet up for sale
SHV is exploring the sale of its transport engineering and heavy lift subsidiary, Mammoet.
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EXG and Fagioli come together to form Megaload
India’s Express Global Logistics (EXG) and Italy’s Fagioli have formed a Mumbai-based joint venture that will handle transport and logistics projects in the construction, petrochemical and heavy industrial sectors – Megaload.
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DAKO expands network with Turkish branch
Germany-headquartered project forwarder DAKO Worldwide Transport has established operations in Türkiye.
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Blue Water signs five-year Vestas contract
Blue Water Shipping has signed a five-year contract with Vestas that will see it handle the wind turbine manufacturer’s components at its terminals in Esbjerg, Denmark, and Cuxhaven, Germany.
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Boskalis reports sharp profit increase and robust orderbook
Transport and marine services specialist Boskalis concluded 2022 with a sharp increase in profitability and a strong increase in revenue. Its orderbook also increased to an all-time high.
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GAC opens Vietnamese office
Global shipping and logistics provider GAC Group has partnered with SME Logistics to open an office in Ho Chi Minh, Vietnam.
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Jan De Nul, EDF Renewables, and Luminus team up for Princess Elizabeth tender
Jan De Nul Group, EDF Renewables, and energy services provider Luminus have partnered up to bid on the Princess Elisabeth Zone offshore wind farm tender in Belgium.
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StormGeo expands ownership of Climatempo
Weather intelligence software provider StormGeo, part of Alfa Laval, has increased its share in Brazil-based meteorological service provider Climatempo Group.
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Pentagon India ready for expansion
Pentagon India has moved its offices to Powai in Mumbai to accommodate its growing team.
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Jan De Nul and DEME secure Princess Elisabeth Island EPCI contract
Belgian transmission system operator Elia awarded Jan De Nul and DEME Group contracts for the engineering, procurement, construction and installation (EPCI) of an artificial energy island located 45 km off the Belgian coast in the North Sea.
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Marr wins Kangaroo Point Bridge work
Marr Contracting has been awarded the subcontract to deliver specialised heavy lifting crane services on the Kangaroo Point Green Bridge project in Brisbane, Australia.
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AIS Vanguard opens London base
UK-based AIS Vanguard has invested in a permanent location in London, as it strengthens its presence in the south of England.
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Logistec to acquire FMT
Logistec Stevedoring has acquired the Canadian and US marine terminal business of Fednav, including Federal Marine Terminals and its logistics division Fednav Direct (FMT).
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Boskalis lands Moray West wind farm contract
The Netherlands-headquartered Boskalis has been awarded a contract by Ocean Winds – a 50:50 joint venture between EDP Renewables and ENGIE – to transport and install monopiles for the Moray West wind farm project off the east coast of Scotland.
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Rhenus expands project logistics services in Canada
Rhenus Logistics is opening business sites in Halifax and St John’s to serve the project logistics and offshore markets in eastern Canada.
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HHLA Project Logistics adds Almaty office
HHLA Project Logistics – a subsidiary of Hamburger Hafen und Logistik (HHLA) – has opened an office in Almaty, Kazakhstan.
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GAC North America opens Seattle office
GAC North America - Shipping has opened an office in Seattle to support its growing customer base in the USA’s Pacific Northwest.
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Seaway7 and Saipem to collaborate on fixed-bottom wind energy
Seaway7 and Saipem have entered into a commercial collaboration agreement to jointly identify, bid and execute fixed offshore wind energy projects.
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LEEA releases #GLAD2023 mission statement
The Lifting Equipment Engineers Association (LEEA) has revealed its mission statement as supporters unite in preparation for a day where manufacturers, suppliers, and end users share material that promotes safe and high quality load lifting.
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Tiong Woon awarded manufacturing contract
Singapore-headquartered Tiong Woon Crane has been awarded a contract by Takenaka Corporation for the erection of a manufacturing facility at Pasir Ris Industrial Drive 1.