Business news – Page 74
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Volga-Dnepr completes AN-124 upgrade
Volga-Dnepr has upgraded on of its AN-124 aircraft, enabling the airline to transport payloads up to 150 tonnes.
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BIMCO to focus on sale and leaseback transactions
The Baltic and International Maritime Council (BIMCO) has started developing a new standard term sheet for ship sale and leaseback transactions.
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Huisman to deliver for Bokalift 2
Huisman will deliver a 4,000-tonne capacity offshore mast crane for Royal Boskalis Westminster’s latest crane vessel Bokalift 2.
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Van Beest relocates in Houston
Van Beest USA has moved its office and distribution centre in Houston to larger premises.
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COLI and GRS target Japanese offshore renewables
Hamburg-headquartered Global Renewables Shipbrokers (GRS) has established a strategic partnership with COLI Schiffahrt & Transport in order to service Japan’s rapidly emerging offshore renewable energy market.
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Greiner opens its doors
During the Neuenstein trade show on September 21-22, equipment manufacturer Greiner welcomed around 200 customers and business partners, plus several hundred other visitors, at its facilities, giving them a close-up view of its products.
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SGRE to build on floating wind success
Siemens Gamesa Renewable Energy (SGRE) will supply 11 of its SG 8.0-167 DD wind turbines for what it claims to be the world’s largest floating offshore wind farm, Hywind Tampen.
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Omega Morgan opens Hillsboro facility
Omega Morgan has acquired a 56,000 sq ft (5,202.6 sq m) storage facility in Hillsboro, Oregon.
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Developing LEO as a fuel for sustainable shipping
A.P. Møller - Mærsk and Wallenius Wilhelmsen have teamed up with Copenhagen University and major customers to explore the environmental and commercial viability of LEO fuel – a blend of lignin and ethanol – for shipping.
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Swire and Lodestar team up for breakbulk service
Swire Shipping and Lodestar plans to launch a joint breakbulk shipping service between New Zealand and North Asia.
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Martin Bencher expands in Southern Europe
Martin Bencher Group is opening an office in Bilbao, Spain to better serve its customers in the country and across Southern Europe.
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ABC and CLA cut services
AirBridgeCargo Airlines (ABC) and CargoLogicAir (CLA) will cancel a total of 11 freighter connections as of November 1, according to HLPFI’s sister title DVZ.
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Boskalis completes sale of Saam Smit Towage
Royal Boskalis Westminster has sold its equity stake in Saam Smit Towage to SAAM for USD200 million.
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Dongbang and COSCO join forces for large-scale projects
Dongbang Transport Logistics (Dongbang) and COSCO Shipping Specialized Carriers (COSCO) have signed a memorandum of understanding (MoU) that will see the companies jointly bid on large-scale projects.
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POSH Terasea wound up
POSH Terasea (PTPL) will be voluntarily liquidated having defaulted on a credit facility.
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BIFA reveals Freight Service Awards shortlist
The British International Freight Association (BIFA) has revealed the shortlist for its annual Freight Service Awards.
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ICTSI inaugurates berths at BGT
International Container Terminal Services Inc (ICTSI) has inaugurated two berths at the port of Umm Qasr, Iraq.
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Bernhard Schulte forms joint venture with MidOcean
Bernhard Schulte Offshore (BSO) and MidOcean Wind (MOW) have entered into a joint venture to build and operate support vessels for the USA’s offshore wind energy industry.
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Navegate expands in the USA
Navegate has opened offices in Houston, Texas and Kansas City, Missouri.
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ITI updates VR training
Industrial Training International (ITI) has updated the crane simulation library of its virtual reality (VR) training solution.