Latest business news – Page 45
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NewsGE’s Teesside plans materialise
GE Renewable Energy’s plans for a state-of-the-art wind turbine blade manufacturing factory in Teesside, UK, have taken a major step forward.
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NewsOptimarin links up with Llalco
Optimarin has appointed Madrid-based Llalco Fluid Technology as an agent to expand the ballast water treatment specialist’s reach into the Iberian Peninsula and South America.
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NewsWork streams in at Fred. Olsen Windcarrier
Wind turbine installation contracts are rolling in for Fred. Olsen Windcarrier. The company has secured three such orders during the past two months, amounting to EUR124 million (USD151.7 million) in revenue.
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NewsLarge-scale HIP project moves forward
Hecate Independent Power (HIP) has launched the USD30 billion HIP Atlantic project that will see 10 GW of fixed and floating wind turbines installed in the North Atlantic and connect with the UK grid.
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NewsRoll Group contracts We4Sea
We4Sea, a provider of performance monitoring solutions, has teamed up with mobile satellite communication specialist Immersat and will install a cloud-based ship performance management tool across Roll Group’s fleet of heavy lift vessels.
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NewsBlue Water opens Thyboron office
In cooperation with its local partner Kynde & Toft, Blue Water Shipping has opened an office in the port of Thyboron in Denmark.
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NewsEMS Log opens in Lübeck
Project logistics specialist EMS Log, part of the EMS-Fehn-Group, has opened a branch office in Lübeck, Germany.
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NewsRöhlig grows Indian footprint
Röhlig Logistics will open two offices in India – in Hyderabad and Vizag.
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NewsTransGroup rebrands as SGL
TransGroup Global Logistics will rebrand as Scan Global Logistics (SGL), as the two companies integrate their global activities.
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NewsCrosby acquires Speedbinders
The Crosby Group has acquired Speedbinders, a USA-based designer and manufacturer of load binders for heavy-duty load securement.
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NewsCorpus Christi and Ares sign MoU for green hydrogen
The port of Corpus Christi in Texas and Ares Management have signed a memorandum of understanding (MoU) with the aim of developing renewable energy infrastructure at the port and supporting the production of green hydrogen.
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NewsK+N completes Apex deal
Kuehne+Nagel (K+N) has acquired Asian forwarder Apex International, strengthening its foothold on the transpacific and intra-Asia trade routes.
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NewsITIC warns of documentation fraud
The International Transport Intermediaries Club (ITIC) has warned of the increasing prevalence of documentation fraud.
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NewsGreen light for Vineyard Wind
The US federal government has given the green light for Vineyard Wind – the country’s first commercial scale offshore wind farm.
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NewsFreight forwarders bounce back
The global freight forwarding market experienced one of its most challenging years in 2020 contracting by 8.7 percent in real terms, according to Transport Intelligence (Ti). IMF data suggests that global GDP contracted by 3.3 percent year-on-year in 2020, while world trade growth slowed to -5.2 percent.
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NewsPCN launches remote meeting hub
The Project Cargo Network (PCN) has launched its Meeting Hub – a bespoke virtual meeting centre to help its members maintain strong working relationships.
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NewsPinnacle cements foothold in Canada
Pinnacle Logistics Solutions has opened an office in Edmonton, Alberta.
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NewsAlfa Laval to acquire StormGeo
Sweden-headquartered Alfa Laval will acquire StormGeo, which provides weather intelligence software for the shipping industry.
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NewsLiftEx Bahrain postponed
The Lifting Equipment Engineers Association (LEEA) has decided to postpone LiftEx Bahrain until 2022 as a result of the ongoing uncertainty around Covid-19.