Business news – Page 58
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Energy and project division boosts Blue Water’s results
2019 was a historic year for Blue Water Shipping, which recorded its highest ever profit before tax at EUR25.7 million (USD28.8 million).
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Fred. Olsen Windcarrier secures financing
Fred. Olsen Windcarrier has entered into two long-term debt financing arrangements for the three offshore wind turbine transportation and installation jack-up vessels in its fleet – Brave Tern, Bold Tern and Blue Tern.
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Drewry and CLECAT promote forwarder benchmarking tool
Maritime consultancy Drewry and the European association for forwarding, transport, logistics and Customs services, CLECAT, have entered into a collaborative agreement to promote Drewry’s forwarder benchmarking club.
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BHV criticises potential terminal merger
Bremische Hafenvertretung (BHV), which represents logistics, port and transport companies from Bremen and Bremerhaven, has expressed concerns over the possible cooperation between Hamburger Hafen und Logistik (HHLA), Eurokai and BLG Logistics Group.
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BIFA’s further Brexit concerns
The British International Freight Association (BIFA) has reiterated its hopes that a UK-EU trade deal can be achieved before the end of the Brexit transition period, following the news that the EU will impose full Customs controls and checks on goods from the UK from 2021.
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ALS and NorSea launch Elevon
Abnormal Load Services (ALS) and NorSea are joining forces to establish a logistics company that is focused on the wind energy industry – Elevon.
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OOS joins decommissioning consortium
Offshore service provider OOS International has joined a consortium of Lloyd’s Register and Worley that provides offshore decommissioning services.
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Antwerp XL rescheduled, digital event launched
Antwerp XL has pushed back its physical conference and exhibition to March 10-12, 2021. Concurrently, it has launched a series of digital networking events due to run later this year.
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New Jersey port project targets offshore wind
The US state of New Jersey has released plans to construct a purpose-built marshalling and manufacturing port dedicated to the offshore wind industry.
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BMS Heavy forms strategic alliance in Vietnam
Denmark’s BMS Heavy Cranes and Dang Gia Corp Vietnam have formed a strategic alliance to provide heavy lifting services for Vietnamese wind energy projects.
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Ceva boosts network in Africa
Ceva Logistics, part of the CMA CGM Group, has acquired a majority stake in AMI Worldwide as part of its plans to expand its network in Africa.
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Laso opens in Barcelona
Portugal-headquartered Laso Transportes has established its fourth abnormal loads office in Spain.
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Bolloré boosts DRC presence
Bolloré Transport & Logistics has established an agency office in Kalemie in the Democratic Republic of the Congo (DRC).
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A world turned upside down
At the time of writing, logistics companies generally felt it was too early to say what impact the coronavirus pandemic might have on civil engineering project work around the world. Phil Hastings reports.
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Volga-Dnepr in dispute with Boeing
A US district court has rejected Volga-Dnepr UK’s attempt to gain a temporary restraining order to stop Boeing selling four freighters that it had originally ordered. HLPFI’s sister publication Air Cargo News reports.
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Time charter rates level out
The latest report from shipbroker Toepfer Transport indicates that time charter rates in the multipurpose shipping sector are starting to level out.
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Tadano opens Brisbane office
Tadano Oceania has opened a 14,000-sq m head office in the Brisbane suburb of Lytton, Australia.
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Lindenblatt and Königs step down at the Port of Antwerp
German representatives from the North Rhine-Westphalia region Dr. Dieter Lindenblatt and Hans Königs, will step down from their long-term positions at the port of Antwerp at the end of the year.