Latest business news – Page 74
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NewsBroken promises leave the Balkans in limbo
In June, a divided European Union (EU) postponed the decision on opening accession talks with North Macedonia and Albania until October, leaving both countries questioning whether the door is half open, or half closed. Sophie Barnes reports.
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NewsVolga-Dnepr completes AN-124 upgrade
Volga-Dnepr has upgraded on of its AN-124 aircraft, enabling the airline to transport payloads up to 150 tonnes.
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NewsBIMCO to focus on sale and leaseback transactions
The Baltic and International Maritime Council (BIMCO) has started developing a new standard term sheet for ship sale and leaseback transactions.
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NewsHuisman to deliver for Bokalift 2
Huisman will deliver a 4,000-tonne capacity offshore mast crane for Royal Boskalis Westminster’s latest crane vessel Bokalift 2.
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NewsVan Beest relocates in Houston
Van Beest USA has moved its office and distribution centre in Houston to larger premises.
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NewsCOLI and GRS target Japanese offshore renewables
Hamburg-headquartered Global Renewables Shipbrokers (GRS) has established a strategic partnership with COLI Schiffahrt & Transport in order to service Japan’s rapidly emerging offshore renewable energy market.
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NewsGreiner opens its doors
During the Neuenstein trade show on September 21-22, equipment manufacturer Greiner welcomed around 200 customers and business partners, plus several hundred other visitors, at its facilities, giving them a close-up view of its products.
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NewsSGRE to build on floating wind success
Siemens Gamesa Renewable Energy (SGRE) will supply 11 of its SG 8.0-167 DD wind turbines for what it claims to be the world’s largest floating offshore wind farm, Hywind Tampen.
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NewsOmega Morgan opens Hillsboro facility
Omega Morgan has acquired a 56,000 sq ft (5,202.6 sq m) storage facility in Hillsboro, Oregon.
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NewsDeveloping LEO as a fuel for sustainable shipping
A.P. Møller - Mærsk and Wallenius Wilhelmsen have teamed up with Copenhagen University and major customers to explore the environmental and commercial viability of LEO fuel – a blend of lignin and ethanol – for shipping.
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NewsSwire and Lodestar team up for breakbulk service
Swire Shipping and Lodestar plans to launch a joint breakbulk shipping service between New Zealand and North Asia.
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NewsMartin Bencher expands in Southern Europe
Martin Bencher Group is opening an office in Bilbao, Spain to better serve its customers in the country and across Southern Europe.
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NewsABC and CLA cut services
AirBridgeCargo Airlines (ABC) and CargoLogicAir (CLA) will cancel a total of 11 freighter connections as of November 1, according to HLPFI’s sister title DVZ.
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NewsBoskalis completes sale of Saam Smit Towage
Royal Boskalis Westminster has sold its equity stake in Saam Smit Towage to SAAM for USD200 million.
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NewsDongbang and COSCO join forces for large-scale projects
Dongbang Transport Logistics (Dongbang) and COSCO Shipping Specialized Carriers (COSCO) have signed a memorandum of understanding (MoU) that will see the companies jointly bid on large-scale projects.
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NewsPOSH Terasea wound up
POSH Terasea (PTPL) will be voluntarily liquidated having defaulted on a credit facility.
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NewsBIFA reveals Freight Service Awards shortlist
The British International Freight Association (BIFA) has revealed the shortlist for its annual Freight Service Awards.
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NewsICTSI inaugurates berths at BGT
International Container Terminal Services Inc (ICTSI) has inaugurated two berths at the port of Umm Qasr, Iraq.
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NewsBernhard Schulte forms joint venture with MidOcean
Bernhard Schulte Offshore (BSO) and MidOcean Wind (MOW) have entered into a joint venture to build and operate support vessels for the USA’s offshore wind energy industry.
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NewsNavegate expands in the USA
Navegate has opened offices in Houston, Texas and Kansas City, Missouri.