Latest business news – Page 76
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NewsRoll Group boosts fleet with BigRoll Biscay
Roll Group has expanded its fleet with the addition of a 12,285 dwt module carrier.
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NewsUS and Japan agree trade deal
The USA and Japan have reached a trade agreement regarding market access for certain agricultural and industrial goods.
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NewsBarnhart plans Viant acquisition
Barnhart Crane and Rigging has entered into an agreement to acquire Viant Crane.
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NewsMammoet completes ALE takeover
Mammoet has completed the acquisition of UK-headquartered ALE – a merger that creates the industry’s largest global provider of engineered heavy lifting and transport services.
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NewsGSF calls for scrutiny of sulphur surcharges
The Global Shippers Forum (GSF) is encouraging ocean freight customers to scrutinise surcharges from shipping lines designed to cover the cost of compliance with the IMO’s sulphur emissions regulations.
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NewsSteelduxx starts operations
Antwerp-based Edmond Van Dyck & Sons and Aneka have officially merged their operations to create Steelduxx.
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NewsKuok moves ahead with POSH acquisition
PACC Offshore Services Holdings (POSH) has filed to leave the Singapore Exchange as the Kuok Group moves forward with its takeover.
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NewsUSMCA moves forward
On December 10, 2019, the USA, Canada and Mexico moved forward with the trilateral trade deal that is set to replace NAFTA, with the accord now in the hands of the US and Canadian legislatures for final approval.
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NewsEntrec sells Canadian crane assets
Entrec Corporation has completed the sale of its Canadian crane business and assets to Sterling Crane, part of Marmon Crane Services, a Berkshire Hathaway company.
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NewsSAAM to assist EDP project
SAAM Towage will provide three tugs for the Energía del Pacífico (EDP) project at the port of Acajutla in El Salvador.
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NewsSomers launches ACE 54
Philippe Somers has launched ACE 54 Project Management – a Dubai-headquartered company that will enable niche and medium-sized international project forwarders to participate in African door-to-door tenders.
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NewsBorealis contract awarded
Borealis has contracted Mammoet as its heavy lift and transport partner for the propane dehydrogenation (PDH) plant in Kallo, Belgium.
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NewsConfidence hits 18-month high
Confidence in the shipping industry rose to its highest level for 18 months in the last quarter of 2019, according to BDO’s confidence survey.
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NewsLooking back on 2019
Reporting on the heavy lift and project forwarding sector over the course of 2019 has been a pleasure. Everyone at HLPFI would like to extend their gratitude to those that have continued to support this title in what has proven to be a tumultuous year.
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NewsBoskalis doubles up
Boskalis has secured a pair of contracts, one in El Salvador and a second in its home market of the Netherlands.
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Stolberg loses appeal
German press reports state that Niels Stolberg, the former chief executive of Beluga Shipping, has lost his appeal against a 42-month prison sentence.
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NewsZeamarine allays operating concerns
Zeamarine has issued a statement clarifying its current business status.
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NewsBIMCO restructures committees
BIMCO has divided its Marine Committee in two, to “facilitate a better handling of the many important topics on the environment, safety and security agendas”, according to Angus Frew, the association’s secretary general and ceo.
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NewsAntwerp moves ahead on carbon capture
A consortium at the port of Antwerp is to carry out a feasibility study into the development of carbon capture, utilisation and storage (CCUS) infrastructure as the port works toward reducing its environmental footprint.
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NewsRSS 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.