Latest business news – Page 63
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Penta-Ocean partners with DEME
Penta-Ocean Construction and DEME Offshore have signed a memorandum of understanding (MoU) to collaborate on the construction of offshore wind farms in Japan.
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Ex-Im supports US exporters
The US Export-Import Bank (Ex-Im) has introduced initial relief measures for US exporters and financial institutions to support American companies in the midst of the Covid-19 outbreak.
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China: A beacon of hope amid Covid-19 crisis
With a slowing number of new confirmed Covid-19 cases and a moderate recovery of its manufacturing output, China is showing the rest of the world that there is light at the end of the tunnel.
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South Africa scrambles to contain the spread of coronavirus
South Africa has closed 35 out of its 53 land ports in a bid to combat the spread of Covid-19 in the country.
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EBRD makes initial Covid-19 impact assessment
Covid-19 will have a negative impact on economies across all European regions but the recovery could be robust once the outbreak is contained, according to the European Bank for Reconstruction and Development (EBRD).
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JCB halts UK production
Industrial equipment manufacturer JCB has stopped production at all of its UK plants as disruption resulting from the coronavirus pandemic caused a huge reduction in global demand.
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Volga-Dnepr ready for market challenges
HLPFI’s sister publication Air Cargo News spoke with Volga-Dnepr executive president, charter operations, Konstantin Vekshin to discuss how the group will meet the current challenges faced by the air cargo market.
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Bilbao plans N-240 enhancement
The Port Authority of Bilbao and the Provincial Council of Bizkaia plan to create up to 11 lay-by areas on the N-240 highway, which links Tarragona to Bilbao.
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Tracking border delays with Sixfold
EU leaders approved a complete shut down of the bloc's external borders to all non-essential travel, except truck deliveries, for the next 30 days to restrict the spread of Covid-19. Measures are being adopted to keep goods flowing within the EU too.
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LEEA supports GLAD campaign
The Lifting Equipment Engineers Association (LEEA) is supporting the Global Lifting Awareness Day (GLAD), which takes place on July 9, 2020.
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StormGeo and DNV GL deepen partnership
StormGeo and DNV GL have signed a memorandum of understanding (MoU) with the aim of driving digitalisation and data standardisation in the maritime industry.
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UK Chamber of Shipping calls for support
The UK Chamber of Shipping has called for a multi-million pound relief package to support the shipping sector during the Covid-19 coronavirus outbreak.
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deugro adds railcar capacity
deugro (USA) has entered into an exclusive usage agreement for a 16-axle railcar.
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GPLN moves AGM to 2021
The Global Project Logistics Network (GPLN) has rescheduled its 17th annual general meeting (AGM) to May 2021.
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UPDATED: JOC, Antwerp XL and ESTA cancel events
The 2020 JOC Breakbulk & Project Cargo Conference, Antwerp XL exhibition, and the ESTA 2020 Awards of Excellence have joined the growing list of events that have been cancelled or postponed as a result of the rapid growth of global cases of Covid-19.
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Fairplay Towage begins Spanish operations
Fairplay Towage Group has been awarded a licence to operate harbour tugs in the port of Las Palmas in Gran Canaria.
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Konecranes secures Goliath order
St. Nazaire, France-based shipyard Chantiers de l’Atlantique has ordered a Konecranes Goliath gantry crane.
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Grimaldi supports Naples metro expansion
Grimaldi Group will transport 114 railcars from Spain to Italy on behalf of freight forwarder Multitrade.
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Heavy lift cargoes move through Tarragona
2019 proved to be a record year for the port of Tarragona in Spain, with revenue totalling EUR57.65 million (USD64.4 million) and cargo throughput reaching 33.3 million tonnes – including some notable heavy lift shipments.
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Entrec reports revenue uptick
Entrec Corporation has reported a year-on-year revenue increase for 2019, thanks to organic growth in the USA and the acquisition of Capstan Hauling in October 2018.