Business news – Page 76
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Avia completes Chapman acquisition
Avia Solutions Group has completed the acquisition of UK-headquartered Chapman Freeborn Group.
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Marguisa teams up with NileDutch
Marguisa has signed an agreement with NileDutch that will see the company’s Calabar service expanded with additional port calls in the Republic of the Congo and São Tomé and Príncipe.
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DSV warns of cuts at Panalpina
Corporate functions and positions at Panalpina may be cut or relocated to DSV’s headquarters in Denmark, as the companies continue with the integration process.
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Seville prepares for more project cargo
The port of Seville revealed that it will make a series of infrastructure improvements aimed at attracting industrial traffic and project cargoes.
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THLG heads to Helsinki for first customer event
The Heavy Lift Group (THLG) is holding its inaugural customer day to help its members offer better services to clients.
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Trade wars take their toll on confidence
Confidence in the shipping industry has fallen to its lowest level for two-and-a-half years, according to the latest survey from BDO.
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Kotug International and Horizon join forces
Kotug International and Horizon Maritime Services have formed Kotug Canada, a joint venture that will offer terminal and harbour towage services across Canada.
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European Shipping Week scheduled for mid-February
Europe’s shipowners will connect with the European Parliament, Council and European Commission at European Shipping Week, which will be hosted in Brussels from February 17-21, 2020.
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New York looks for port investment opportunities
Ports and terminals in New York have been invited to submit proposals if they are interested in upgrading and investing in facilities that would support the state’s burgeoning offshore wind energy industry.
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PACE progresses with Poti project
PACE Group is progressing with the development and construction of a new marine terminal at the port of Poti in Georgia.
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4D Supply Chain Consulting enters the market
4D Supply Chain Consulting (4D) has been launched with the aim of providing end-to-end logistics and supply chain solutions to specialised industries such as wind energy, power, oil and gas, and mining, amongst others.
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AAL adds four MPVs
Singapore-headquartered carrier AAL will add 133,000 dwt of multipurpose tonnage to its fleet.
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Van Dam harnessing wind power
Van Dam Shipping plans to install a wind-assisted propulsion system, developed by eConowind, on its 3,600 dwt general cargo vessel, Ankie.
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Subsea 7 awarded Caspian contracts
BP Exploration has awarded Subsea 7 two contracts for offshore works at the Azeri Central East (ACE) project in the Azeri-Chirag-Deepwater Gunashli (ACG) field in the Caspian Sea.
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Collett secures Mansfield work
Mansfield Pollard selected Collett & Sons to transport over 300 specialist handling systems from the manufacturer’s facility in Bedford.
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GIS ready for record year
More than 400 exhibitors will gather in Italy this week for the GIS exhibition, which will showcase mobile and tower cranes along with port handling equipment and specialised transport vehicles, among others.
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M&M in Serbian JV
Militzer & Münch Group (M&M) has formed a joint venture in Serbia with Invictus System Transport & Logistics.
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Ostend buys up REBO terminal
DEME has decided to sell its 30 percent stake in the Renewable Energy Base Ostend (REBO) terminal in Belgium.
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Blockchain initiative suspended
300cubits has suspended its blockchain initiative geared towards the shipping industry.
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Tiong Woon sets up JV for RAPID
Tiong Woon Crane & Transport Malaysia (TWCT Malaysia) is teaming up with PDT Oil & Gas Services to provide heavy lifting and transport services for the Refinery and Petrochemical Integrated Development (RAPID) project in Pengerang, Johor.