Latest business news – Page 115
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Vroon reaches agreement with lenders
Dutch shipping company, Vroon has reached an in principle agreement with all its lenders regarding the terms of its financial restructuring.
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LOC wins offshore surveying work
LOC Renewables has been contracted by the Belgian electricity transmission system operator, Elia, to provide marine warranty survey (MWS) services for the Modular Offshore Grid (MOG) project, located 40 km off the Belgian coast in the North Sea
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deugro celebrates UK golden jubilee
The deugro Group's UK subsidiary is celebrating its 50th anniversary with the appointment of two senior members of staff and the relocation of its headquarters to a significantly larger office building.
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OMA teams up with 3PL Energy
OMA Group has entered into a collaboration agreement with oil and gas supply chain specialist 3PL Energy, to strengthen its oil and gas capabilities in Senegal.
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Air Partner review takes off
Air Partner has released a statement claiming that the total cumulative impact for the accounting error between the financial years ended July 31, 2011 and January 31, 2018 will not exceed GBP4 million (USD5.7 million).
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DFDS acquires U.N. Ro-Ro
Danish shipping and logistics group DFDS has acquired 98.8 percent of the shares in Turkey's U.N. Ro-Ro, for approximately EUR950 million (USD1.7 billion).
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Breakbulk Europe set for Bremen return in 2019
In a move that will end current speculation, it has been revealed that Breakbulk Europe, the largest exhibition for the project cargo and breakbulk industry, will return to Bremen, Germany in 2019, and not return to Antwerp, which had been the
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BDP opens in Ireland
BDP International has opened an office in Dublin, Ireland; its first location in the country.
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Navtor teams up with Weathernews
Global e-navigation provider Navtor and Weathernews Inc (WNI) have signed a collaboration agreement.
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It's a gas for Malin Marine
Malin Marine Consultants (MMC) and Linde Engineering have signed a three-year framework agreement covering the supply of technical support and marine assurance surveying services.
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MEPC 72 kicks off in London
The International Maritime Organization's Marine Environment Protection Committee (MEPC 72) meeting is now under way at the IMO headquarters in London, discussing the adoption of an initial greenhouse gas (GHG) reduction strategy.
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Ritchie Bros launches Marketplace-E
Ritchie Bros has introduced Marketplace-E as its latest online solution to buy and sell used heavy equipment, trucks and other assets.
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Cosco's OOCL acquisition on track
Cosco Shipping's planned acquisition of Orient Overseas Container Line (OOCL) is on track to be completed by the end of June, according to Reuters.
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Re-export regime set to launch in Australia
According to a customer advisory issued by Depth Logistics, The Department of Agriculture and Water Resources (DAWR) in Australia has announced a re-export regime coming into force under the Biosecurity Act 2015.
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Shipping weighs on Grieg
In reporting its annual results for 2017, the Grieg Group indicated that an increased loss at Grieg Star, was only partly offset by improved results within its seafood and investment activity arms.
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Ambercor Shipping sets sail
The launch of Ambercor Shipping by Gerald Hess heralds a return to independent operations for a senior transportation industry executive with 44 years of experience in project forwarding.
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Air Partner shares tumble
The Air Partner share price has continued to fall this week after the air charter broker announced on Tuesday a GBP3.3 million (USD4.64 million) accounting error dating back seven years.
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Bishop plays it safe with acquisition
Bishop Lifting Products has acquired Safeway Sling USA, a sling fabrication company headquartered in Greendale, Wisconsin.
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Multipurpose shipping is ripe for recovery
The multipurpose shipping sector is forecast to recover further in 2018 after starting the year on a confident footing, according to the latest edition of the Multipurpose Forecaster and Annual Review, published by global consultancy Drewry.
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Conbit lines up with Frames
Conbit, a subsidiary of transport engineering company ALE, has formed a partnership with Frames - a supplier of equipment used in oil, gas and energy projects.