Business news – Page 83
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Bilbao develops railway terminal
CSP Iberian Bilbao Terminal has opened its renewed and expanded railway terminal.
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Illinois passes USD45 bn construction bill
The US state of Illinois is to spend USD45 billion on the construction and refurbishment of roads, sewers, schools and parks over the next six years.
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Bansard and ISS in mutual representation deal
The Bansard International Group and ISS Global Forwarding have concluded a mutual representation contract that will allow the companies to benefit from each other’s networks.
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Mammoet searches for green SPMTs
Mammoet is partnering with German technology company Keyou to explore potential designs of emission-free engines for SPMTs.
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Maersk sets ambitious logistics goals
A.P. Møller Mærsk reportedly wants half of its earnings to come form inland logistics, according to a report in the Wall Street Journal (WSJ).
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Cargolux increases calls to Xiamen
Cargolux has increased the frequency of its calls to Xiamen, China to three flights per week using one of its Boeing 747 freighters.
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Port Esbjerg developing third multipurpose terminal
Denmark’s Port Esbjerg confirmed that it would build another 40,000 sq m multipurpose terminal in the eastern port area.
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Modulift names Danish distributor
UK-based below-the-hook lifting equipment manufacturer, Modulift, has appointed Certex Danmark as one of its distributors.
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Freight Logistics prepares to relocate
Freight Logistics is preparing to move to new headquarters near to Miami International Airport, USA.
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GAC Denmark opens in Kalundborg
GAC Denmark has established a new office at Kalundborg – a location that the company describes as key for liquid and dry bulk cargoes.
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Multipurpose charter rates fall
Time charter rates in the multipurpose shipping sector have dropped slightly over the last month, according to the latest data from shipbroker Toepfer Transport.
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Buss Group in SSC takeover
Buss Group has acquired SSC Wind – a technical services provider to the wind energy sector.
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Ceva strengthens Shelf partnership
Ceva Logistics has extended its contract with Shelf Drilling through to March 2021.
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Mammoet in advanced acquisition talks with ALE
Mammoet has confirmed that it is in advanced discussions with ALE regarding a purchase agreement, under which Mammoet will acquire the UK-headquartered heavy lift and specialist transport provider.
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Bleaker outlook for multipurpose sector
Drewry has downgraded its outlook for the multipurpose shipping market in light of weaker projected global economic growth, greater competition from dry bulk and container sectors, and a lack of ship demolition activity.
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Samskip in Navoi success
Last year, Samskip shipped components for the Navoi combined-cycle power plant in Uzbekistan – contributing to one of 2018’s largest projects in the Caspian region.
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Networks join clean ocean initiative
The Worldwide Project Consortium (WWPC), Priority Cargo Network and the Cargo Equipment Experts (CEE) networks have joined the World Ocean Council (WOC).
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Logistics confidence in the UK drops
Optimism in the UK’s logistics industry has fallen to its lowest level on record, according to the latest Logistics Confidence Index from Barclays and accountancy and business advisory firm BDO.
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Tema’s terminal three open for business
At Tema Port, Ghana, the first phase of the newly built terminal three has opened for commercial shipping activities.
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Neoline signs LOI with Neopolia
French shipowner Neoline has signed a letter of intent (LoI) for the construction of two wind-powered ro-ro vessels with Loire-based Neopolia.