Latest business news – Page 77
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NewsTiong Woon sets up JV for RAPID
Tiong Woon Crane & Transport Malaysia (TWCT Malaysia) is teaming up with PDT Oil & Gas Services to provide heavy lifting and transport services for the Refinery and Petrochemical Integrated Development (RAPID) project in Pengerang, Johor.
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NewsEx-Im approves USD5 bn loan
The US Export-Import Bank (Ex-Im) has authorised a USD5 billion loan to finance US exports to the Mozambique LNG project.
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NewsDHL forecasts mild slowdown for trade
The DHL Global Trade Barometer (GTB) forecasts a mild decline in world trade for the next three months.
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NewsBishop acquires Western Sling & Supply
Bishop Lifting Products has acquired Western Sling & Supply Company.
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NewsRising costs slow US construction projects
Mace North America reports that the growth of the USA's construction sector is waning, despite the country's economy starting the year on a bullish note.
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NewsCrowley opens cross dock facility
Crowley Solutions has opened a 30,000 sq ft (2,787.1 sq m) cross dock facility in Camp Hill, Pennsylvania to support its government supply chain services.
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NewsHaliade-X orders
Ørsted will deploy Haliade-X 12 MW wind turbines at two of its US offshore wind farms, subject to final project approvals.
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NewsITE rebrands as Hyve
As the industry prepares to gather in Houston for the Breakbulk Americas exhibition, ITE Group –the organiser behind the event – has rebranded as Hyve Group.
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NewsGAC plans for Irish expansion
GAC Group has opened an office in the Republic of Ireland that will provide shipping services to vessels calling at the country’s ports.
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NewsStar potential in Windhoist
European fund manager Star Capital Partnership has acquired Scotland-headquartered Windhoist Holdings, a wind turbine installation contractor, for an undisclosed amount.
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NewsCrowley Solutions opens in Germany
Crowley Solutions has opened an office in Frankfurt, Germany.
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NewsFelbermayr starts HQ construction
Felbermayr has held a ground-breaking ceremony to mark the start of the construction of its new company headquarters in Wels-Oberthan, Austria.
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NewsALS opens Hamburg office
Oversize cargo and project logistics specialist ALS Deutschland has moved its office from Bremen to Hamburg.
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NewsCCA launches Guyanese subsidiary
Trinidad and Tobago’s Cargo Consolidators Agency (CCA) has opened a subsidiary in Guyana.
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NewsBIMCO publishes decommissioning contract
DISMANTLECON – an international standard contract for offshore decommissioning projects from the Baltic and International Maritime Council (BIMCO) – is now available.
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NewsMarine insurance: Reducing costs and capacity
Marine insurance providers are commoditising their products in order to reduce costs. The result, according to the International Union of Marine Insurance (IUMI), is a loss of expertise.
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NewsZeaborn forms JV with MPC
Zeaborn Group has formed a joint venture with MPC Capital Group to handle the chartering and commercial management of a fleet of more than 160 container and bulk carriers.
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NewsDHL strengthens network in Middle East and Africa
DHL Industrial Projects is opening a centre of excellence (COE) in Dubai as well as offices in Egypt, Ethiopia, Kenya and Turkey to coordinate complex logistics projects in the Middle East and Africa.
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NewsALE plans Swedish branch
ALE will open an office in Sweden during the last quarter of 2019 as it looks to expand its operations in Scandinavia.
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NewsSGRE to open assembly facility in Taiwan
Siemens Gamesa Renewable Energy (SGRE) plans to open a nacelle assembly facility in Taiwan.