Business news – Page 60
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NewsUTC’s Poisler returns to University of Houston
UTC Overseas’ chief operating officer global energy and capital projects, Marco Poisler, will continue in his role as an adjunct professor at the University of Houston for another two semesters.
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NewsMammoet introduces bare rental services
Mammoet is expanding its services offered in the Mid-Atlantic region of the USA to include the bare rental of crawler cranes.
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NewsEntrec initiates CCAA proceedings
Canada-headquartered heavy transport and crane services provider Entrec has started court-supervised restructuring proceedings.
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NewsEx-Im amends its Mozambique LNG loan
The US Export-Import Bank (Ex-Im) has amended the scope of its financing for the Mozambique LNG project on the Afungi Peninsula to include support for the project’s offshore production.
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NewsSGRE outlines Taiwanese expansion
Siemens Gamesa Renewable Energy (SGRE) plans to expand its nacelle assembly facility in Taichung, Taiwan
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NewsRostock crane collapse update
On May 2, the heavy lift crane aboard the offshore installation vessel Orion 1 collapsed during final testing. Investigations into the incident are currently ongoing.
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NewsRecord year for Blue Water
Blue Water Holding, which comprises the transport group’s total business activities, reported increased turnover and a record profit before tax for 2019.
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NewsKotug completes Marsol acquisition
Kotug has completed the acquisition of offshore and marine terminal service centre Marsol, located in Dubai.
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NewsEsbjerg secures green energy investment
Denmark’s Port Esbjerg is set to benefit from up to USD144.9 million of investment from Nordic infrastructure fund Infranode.
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NewsBertling opens in Pemba
Bertling has extended its network in Mozambique having reopened its office in Pemba.
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NewsVan Oord secures Saint-Brieuc contracts
Van Oord has landed a contract to transport and install 62 jacket foundations for an offshore wind farm in the bay of Saint-Brieuc, France.
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NewsCargotec restructures Chinese manufacturing operations
Cargotec and Jiangsu Rainbow Heavy Industries (RHI) intend to restructure the ownership structure of their Chinese joint venture, Rainbow-Cargotec Industries (RCI).
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NewsRoadmap to relieve seafarers
Crew changes and repatriation have emerged as two of the biggest challenges facing the shipping industry as a result of the Covid-19 pandemic. The International Maritime Organization (IMO) has now endorsed a plan to address the issues.
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NewsGerman trade shows could restart in May
UFI – the global association for the exhibition industry – has published a framework aimed at the safe and controlled reopening of exhibitions and B2B trade events around the world.
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NewsPositive start for ScanNautic
ScanNautic has delivered a solid operating result in its first year of operations. It has also established a technical solutions subsidiary targeting the marine project and heavy lifting industry.
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Expo 2020 postponed
Expo 2020 Dubai has been postponed by one year due to the Covid-19 outbreak. It will now be held from October 1, 2021 until March 31, 2022.
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NewsSGRE completes acquisition of Senvion assets
Siemens Gamesa Renewable Energy (SGRE) has completed the purchase of selected Senvion assets with the acquisition of Ria Blades.
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NewsBolloré boosts Nordic presence
Bolloré Logistics has acquired a majority stake in Sweden’s Global Freight Solutions and its Finnish affiliate.
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NewsProject Cargo Summit goes online
The Project Cargo Summit 2020, which was scheduled to take place later this year in Rotterdam, will be held as a digital conference, as Covid-19 continues to cause worldwide disruption.
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NewsUnited Heavy Transport ready for launch
United Heavy Transport will launch in May and will be responsible for the commercial operation of semi-submersible vessels.