All Investments articles – Page 5
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NewsCosco orders pulp carriers
Cosco Shipping Specialized Carriers has ordered five 62,000 dwt multipurpose vessels, plus four options, which will be built at Cosco Shipping Heavy Industry (Dalian) in China.
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NewsMore funds approved for Charleston deepening project
The US Army Corps of Engineers (USACE) has approved funds of USD41.4 million for South Carolina's Charleston Harbor deepening project.
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NewsFednav inks additional Optimarin order
Optimarin has signed a contract to supply Canada-based shipping line Fednav with seven of its US Coast Guard (USCG) approved ballast water treatment systems.
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NewsConbit knuckles down with boom crane
Conbit, a subsidiary of transport engineering company ALE, has acquired a telescopic knuckle boom crane designed for offshore lifting – the CK050F.
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NewsMammoet adds Hamburg office
Mammoet Germany intends to open a branch office in Hamburg on December 13, 2018.
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NewsALE expands jacking capacity in Europe
ALE is expanding its fleet of jacking solutions with the delivery of a multi-point Mega Jack 300 system to its UK branch, bringing the total number of towers in the company’s global fleet to over 20.
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NewsEverett adopts 2019 budget
The port of Everett has adopted its operating budget for 2019, earmarking USD58.7 million for new capital investment.
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NewsSarens opens Russian depot
In order to support the regional oil and gas sector, Sarens has opened a crane depot in Tyumen, Russia.
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NewsHamilton Port receives government funding
Ontario’s Hamilton port is to receive CAD17.7 million (USD13.3 million) from the National Trade Corridors Fund.
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NewsVirginia gets the go-ahead
The port of Virginia has secured full federal authorisation for its project to deepen and widen Norfolk Harbor’s commercial shipping channels.
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NewsYilport invests in Puerto Quetzal
Yilport has signed a contract with Puerto Quetzal, Guatemala that will see the Turkish operator take a 55 percent share in the port and handle the multipurpose quay operations.
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NewsBeaumont secures Main Street grant
The port of Beaumont in Texas has been awarded a USD5 million grant from the US Economic Development Administration for the construction of the first phase of the Main Street Terminal 1 project.
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NewsHöegh calls on Optimarin
Höegh Autoliners has placed an order with ballast water treatment system manufacturer Optimarin for ten retrofitted units.
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NewsOcean Group secures investment
Caisse de dépôt et placement du Québec (CDPQ) and Fonds de solidarité FTQ have taken a minority stake in Canada’s Ocean Group, representing a total investment of CAD112 million (USD85.3 million).
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NewsRotterdam invests in Pecém
The Port of Rotterdam Authority has signed an investment agreement with the port of Pecém in Brazil that will see the European port invest approximately EUR75 million (USD85 million) in Pecém’s port complex.
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NewsCLA adds fourth Boeing
CargoLogicAir (CLA) has taken delivery of its fourth Boeing 747 freighter.
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NewsMeriaura adds dry cargo duo
Finland's VG-Shipping, part of the Meriaura Group, has acquired two 4,100 dwt dry cargo vessels.
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NewsMerritts plans equipment investment
Joseph Merritt Group is investing approximately GBP1.4 million (USD1.8 million) in lifting and transportation equipment as part of an ongoing strategy to expand its services across the UK.
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NewsRostock eyes heavy-duty berth
Germany’s Rostock Port has received a grant worth approximately EUR5.4 million (USD6.24 million) for the construction of the heavy-duty berth 15, which will be able to accommodate heavier loads.
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NewsLucky seven for Gruas Aguilar
Spain-based crane and heavy haulage contractor Gruas Aguilar has modernised its fleet with the purchase of seven Liebherr mobile and crawler cranes.