Latest business news – Page 70
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RSS assists with vessel installation
Rope and Sling Specialists (RSS) provided equipment and personnel to help install a 50-tonne vessel at manufacturing plant in Scotland this month.
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Hanna, Klara and Lisa to join SAL Heavy Lift
Hamburg-headquartered SAL Heavy Lift confirmed that it would add three 19,100-dwt ships to its fleet during the first quarter of 2020.
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Zeamarine undergoes managerial restructure
Germany-headquartered multipurpose shipping line Zeamarine is restructuring its managerial team as it strives to keep afloat in what has proven to be an incredibly challenging operational environment.
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Fred. Olsen opens in Taipei
Fred. Olsen Ocean has opened a branch office in Taipei, Taiwan to support the growing offshore wind business in the Asia Pacific region.
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Multipurpose terminal opens at Esbjerg
Port Esbjerg in Denmark has opened its new multipurpose terminal and the first cargoes have been safely handled.
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Steve Drugan: an award-winning career on the heavy lift front line
Lifetime Achievement Award winner at the Heavy Lift Awards 2019, Steve Drugan, senior vice president at deugro (USA), discusses his distinguished career with David Kershaw.
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Charter rates hold firm
Time charter rates in the multipurpose shipping sector have slipped very slightly over the last month, according to shipbroker Toepfer Transport.
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BIMCO revising Dispute Resolution Clause
BIMCO’s Documentary Committee has agreed to revise and simplify its Dispute Resolution Clause.
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HBC-radiomatic increases footprint at Kentucky
HBC-radiomatic has expanded its manufacturing facility in Hebron, Kentucky, USA.
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Bahri joins MACN
Saudi Arabia’s Bahri has become an official member of the Maritime Anti-Corruption Network (MACN).
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Kübler boosts heavy rail fleet
Germany’s Kübler Spedition is building a 32-axle heavy transport rail vehicle.
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Sulphur 2020: A perfect storm?
Low-sulphur fuel regulations have the potential to present the perfect storm for litigators dealing with disputes between owners, charterers and bunker suppliers in cases of non-compliance, warns Hill Dickinson.
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Van Oord partners with Hendrik Veder Group
Van Oord has signed a two-year partnership agreement with Hendrik Veder Group for the provision of offshore lifting equipment and services.
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LNG projects move forward at Brownsville
The Federal Energy Regulatory Commission (FERC) has approved proposals for new LNG projects, totalling USD38.75 billion, at the port of Brownsville, USA.
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Triumph winds down 747 part production
According to media reports, Triumph Group is winding down the production of parts for Boeing’s 747 aircraft.
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Martin Bencher opens in Istanbul
Denmark-headquartered project logistics specialist Martin Bencher is opening an office in Istanbul, Turkey.
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CS Wind places Kalmar order
Kalmar will supply CS Wind Vietnam with two Super Gloria reachstackers, each with a lifting capacity of 100 tons (90.7 tonnes).
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USD400 mn earmarked for Mozambique LNG
The African Development Bank Group has approved a USD400 million loan to support the construction of an LNG plant in Mozambique.
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New berth opens in Montrose
Montrose Port Authority in Scotland has completed the second phase of a quayside refurbishment project.
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Konecranes acquires remaining MHE-Demag shares
Konecranes will acquire Jebsen & Jessen’s shares in the MHE-Demag joint venture for approximately EUR147 million (USD163 million).