Business news – Page 67
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NewsOnshore wind grows in the Americas
The Americas and the Caribbean installed 13,427 MW of onshore wind capacity in 2019, an increase of 12 percent on the previous year’s 11,892 MW, according to the Global Wind Energy Council (GWEC).
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NewsCEE merges with Priority Cargo Network
Cargo Equipment Experts (CEE) and Priority Cargo Network – both part of the Quality Cargo Networks group – are merging their operations.
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NewsABP boosts support for offshore energy sector
Associated British Ports (ABP) has opened a new port office in Lowestoft that will support the offshore energy sector.
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NewsPort of Morrow wins federal funding
The US Department of Transportation (DOT) has awarded USD1.6 million to the port of Morrow for equipment and infrastructure improvements.
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NewsShipNext and SEDNA join forces
ShipNext has formed a partnership with SEDNA, which develops cloud-based transaction management software.
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NewsNorth P&I updates platform to reflect coronavirus risk
North P&I Club has developed its MyGlobeView platform so that it can provide live updates as to the number of confirmed cases of the coronavirus, countries at risk and what to look out for.
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NewsMOL outlines restructuring plan
Japan’s Mitsui O.S.K. Lines (MOL) has detailed a restructuring plan that will be implemented on April 1, 2020.
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NewsIntermarine brand revived
HLPFI understands that Zeamarine has divested its Americas Liner business, which operates 10 multipurpose vessels serving customers in the US-South America trade.
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NewsBahri reports strong growth
Saudia Arabia-headquartered Bahri has reported a fourth-quarter profit of SAR249.08 million (USD66.4 million) for 2019, a 172.5 percent increase compared to the same period of 2018.
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NewsØrsted partners with Virginia
Ørsted has signed an agreement with the port of Virginia in the USA to lease a portion of the Portsmouth Marine Terminal.
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NewsGAC Sharjah adds office
UAE-based GAC Sharjah has opened an office in the Hamriyah Free Zone that will provide a range of shipping, logistics and warehousing services.
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NewsWinds of change in the USA
Research from various industry analysts suggest that both the onshore and offshore wind energy sectors in the USA are on the cusp of receiving huge surges of investments.
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NewsDSV forms partnership with Vestas
DSV Panalpina has signed a strategic partnership agreement with wind turbine manufacture Vestas.
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NewsNavigating Sulphur 2020
The International Maritime Organization (IMO) has praised the implementation of the 0.5 percent sulphur cap on marine fuel, claiming that, so far, the transition has been “relatively smooth”, although charter party disputes are expected to emerge soon.
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NewsUnique Group adds to spreader beam inventory
Unique Group has signed a partnership agreement with lifting and spreader beam manufacturer Britlift.
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NewsUHL boosts fleet with 12 ships
United Heavy Lift (UHL) has updated its fleet list to include nine Eco Lifter multipurpose vessels that were previously delivered to Zeamarine.
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NewsBBC confirms takeover of Zeamarine ships
BBC Chartering has confirmed that it has signed contracts for six ships that were previously sailing for Zeamarine.
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NewsLADOL partners with Mammoet
The Lagos Deep Offshore Logistic Base (LADOL) in Nigeria have signed a collaboration agreement with engineered transport and heavy lift specialist Mammoet.
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NewsBIMCO warns of escalating tensions in the Middle East
In light of the escalating tensions in the Middle East, BIMCO has warned shipping owners and operators to remain vigilant and carefully monitor the situation.
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NewsBlue Water opens office in Guyana
Blue Water Shipping has opened an office in Guyana in order to offer support to the country’s oil industry.