Business news – Page 29
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Crowley and Chevron back ZEI hydrogen initiative
Hydrogen technology company for the maritime sector, Zero Emission Industries (ZEI), has attracted investment from Chevron New Energies with additional investment from USA-based shipping and logistics company Crowley.
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Siemens Gamesa wins patent dispute in Boston
General Electric (GE) will no longer be able to sell its flagship Haliade-X 12 MW offshore wind turbine in the USA having violated a patent held by rival Siemens Gamesa, a Boston judge found.
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The learning never stops
If a theme of the project logistics sector is that no two days are the same, another is: the learning never stops. Continuous professional development (CPD) has been a focal point for 4D Supply Chain Consulting – a logistics and supply chain consultancy that delivers market-leading supply chain and logistics trainings (both digital and classroom based) to students and working professionals around the globe.
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DB Schenker up for sale
The German federal government and Deutsche Bahn have agreed to sell the state-owned rail operator’s freight forwarding subsidiary DB Schenker, according to news agency Reuters.
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Broekman relocates Antwerp office
Broekman Logistics’ international freight forwarding office in Belgium has relocated in the port of Antwerp.
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AntwerpXL outlines conference agenda
AntwerpXL has revealed the conference programme that will accompany the exhibition, scheduled to take place from October 5-6.
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Laso expands in the UK
Portugal-headquartered Laso Transportes is opening an office in Southampton, UK.
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Poisler and Knoll pen project logistics publication
Marco Poisler of UTC Overseas and Richard Knoll of Dexler Logistics have published Project Logistics: The Universal Transportation Course.
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Swain expands with acquisitions
The Swain Group, one of the UK’s largest general haulage and specialist transport companies, has acquired Proctors Transport (Langar) and W.Coy & Son. Both companies are based in Nottingham and are involved in building sector distribution and agricultural machinery transport.
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Hareket opens in Warsaw
Heavy lift and engineered transport specialist Hareket has opened a branch office in Warsaw, Poland.
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Carving out a niche
David Kershaw spoke with Jan Frahnert (managing partner) and Willem-Alexander Dous, (managing partner and ceo) of Hamburg-headquartered Carrrier53’, which is carving a niche on the China-USA trade.
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HAL Boskalis bid moves forward
HAL has increased its takeover offer for Boskalis to EUR33 (USD33) per share – up from EUR32.
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Savosolar ties up with VG-Shipping
VG-Shipping has signed a conditional share exchange agreement with solar thermal energy developer Savosolar to sell marine logistics company Meriaura along with VG EcoFuel. VG-Shipping will become majority shareholder in Savosolar.
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Learn how to maximise staff retention during the Great Resignation at Employee Benefits Live 2022
Creating a workplace culture and employee reward package designed to maximise staff retention is one of the key themes that will be discussed throughout Employee Benefits Live 2022 on October 5 and 6 at Excel, London.
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Denholm expands in Belfast
Scruttons (NI), part of Denholm Logistics Group, has acquired the Belfast-based specialist steel stevedoring company William Reid.
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Sarens opens Texas facility
Transport engineering specialist Sarens has opened a 5-acre (2-ha) facility Odessa, Texas, to support the oil and gas industry as well as wind energy projects.
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Höegh Autoliners reports strong second quarter
Ro-ro carrier Höegh Autoliners posted an operating profit of USD99 million for the second quarter of this year – a quarter-on-quarter increase of 27.7 percent. Net profit stood at USD53 million.
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Strike action confirmed at Felixstowe
Over 1,900 workers at the port of Felixstowe – the UK’s largest container port – will begin eight days of strike action on Sunday August 21, ending on August 29, after pay talks failed to reach a satisfactory conclusion.
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European freight rates hit new highs
The European road freight rates have broken records in the second quarter of 2022, according to a benchmark produced by Transport Intelligence, Upply and the International Road Transport Union (IRU).
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RightShip expands with Thynk Software purchase
RightShip will acquire Thynk Software’s maritime technology business. Thynk’s founder and ceo, Marlon Grech, will become RightShip’s chief technology officer.