Latest business news – Page 156
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ABP in ownership shuffle
July 13 - GS Infrastructure Partners (GSIP) and Infracapital have sold their combined 33.3 percent stake in Associated British Ports (ABP) to Anchorage Ports - a consortium comprising Canada Pension Plan Investment Board (CPPIB) and Hermes Infrastructure.
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Tight squeeze for Crane Rental
July 10 - Following its recent acquisition, Crane Rental Corporation and new owner, Maxim Crane Works, have got to work on an impressive job to move a 136-tonne bullet tank in the northeast USA.
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Australian shipping partnership opposed
July 10 - The Australian Competition and Consumer Commission (ACCC) has opposed the proposed acquisition by Sea Swift of Toll Marine Logistics' business in the Northern Territory and Far North Queensland.
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PD Ports acquires Groveport
July 10 - PD Ports has expanded its presence on the Humber estuary by acquiring Groveport - a privately owned inland port complex on the UK's River Trent - writes Isabel Freedman.
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Rosyth-Zeebrugge freight route kept alive
July 9 - DFDS Seaways and Forth Ports are to invest over EUR6 million (USD6.6 million) in the future of the Rosyth-Zeebrugge ro-ro freight route, following a meeting with Scotland's First Minister, Nicola Sturgeon.
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Blue Water makes new terminal investment
July 6 - Blue Water Shipping is investing EUR16 million (USD17.6 million) in a new 12,300 sq m cargo terminal near to Taulov in Fredericia, Denmark.
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More ships for Grimaldi
July 3 - As part of the expansion and modernisation programme of its owned fleet, the Grimaldi Group has recently signed an agreement for the construction of eight new PCTCs (Pure Car Truck Carriers), for a total investment of USD 465 million, writes Isab
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M&M Crane Hire updates cranes
July 3 - M&M Mobile Crane Hire has replaced its two Terex City cranes with two Terex AC 40/2L all-terrain cranes as part of an on-going investment programme, writes Isabel Freedman.
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Congress allows Ex-Im Bank to expire
July 2 - The US Export-Import Bank's (Ex-Im Bank) charter has expired, after members of Congress failed to reauthorise the 81-year-old bank by July 1.
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Super duo for Weldex
July 1 - UK crawler crane hire company Weldex has taken delivery of the first of two new Terex Superlift 3800 lattice boom crawler cranes.
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Abis celebrates Esbjerg christening
July 1 - The Netherlands headquartered shipping line Abis Shipping recently celebrated the christening of its latest newbuild, Abis Esbjerg, at a ceremony in Harlingen.
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Barnhart acquires Sicklesteel Cranes
June 30 - Barnhart Crane & Rigging has reached a final agreement to purchase Mount Vernon, Washington based lifting service provider Sicklesteel Cranes.
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Atlas Air adds to fleet
June 29 - Atlas Air Worldwide is making various fleet update initiatives in response to market demand and customer requirements.
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Sarens Group and Sinotrans in joint venture
June 26 - The Sarens Group and Sinotrans Heavy-lift Logistics have created a joint-venture company to provide Chinese customers with solutions for their heavy lifting and engineered transportation needs.
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Boeing names new boss
June 24 - Effective July 1, Dennis A Muilenburg will become Boeing's tenth chief executive, succeeding W James (Jim) McNerney, Jr, who has held the position for the past 10 years and will continue as chairman.
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Micco invests in Abu Dhabi
June 22 - Abu Dhabi Ports has signed an agreement with Al Mazroui International Cargo Company (Micco) to establish a new logistics business centre at the Khalifa Industrial Zone Abu Dhabi (Kizad).
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Blue Water gets new Partner
June 22 - Blue Water Shipping has acquired Norwegian transport company Partner Solution.
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DEME and Windreich join forces
June 22 - DEME Concessions Wind and the Windreich Group have created a joint venture company to build and operate the offshore wind project Merkur Offshore.