Latest business news – Page 81
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Filipov steps down from Terex
Following the sale of the Demag mobile cranes business to Tadano, Terex Cranes president Steve Filipov has stepped down from his role with the company.
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Notus secures Duqm contract
Notus Heavy Lift Solutions has been awarded a three-year contract to deliver lifting, transportation and consultancy services at the Duqm Refinery project in Oman.
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Fairplay adds to tug fleet
Hamburg-based Fairplay Towage has signed a bareboat charter contract for an azimuth stern drive (ASD) tug.
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Enerpac receives updated ISO award
Enerpac has been awarded ISO 45001 occupational health and safety standard for its facility in Hengelo.
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Yilport to operate multipurpose terminal at Taranto
Yilport Holding has signed a 49-year concession agreement to operate the multipurpose terminal at the port of Taranto, Italy.
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DSV adds to US offices
DSV Air & Sea has opened an office in Pittsburgh, Pennsylvania – its 36th office in the USA.
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TTS Group deal completes
MacGregor, part of Cargotec, has completed the acquisition of TTS Group’s marine and offshore businesses units.
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Tadano completes Demag takeover
Tadano has completed the USD215 million acquisition of the Demag mobile crane business unit.
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Boskalis completes sale of Kotug Smit
Royal Boskalis Westminster, together with its co-shareholder Kotug International, completed the sale of Kotug Smit Towage to Boluda Group.
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MIQ to rebrand as Noatum Logistics
MIQ Logistics will be rebranded as Noatum Logistics, as the companies progress with the post-takeover transition.
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AAL prepares for increased cost from Sulphur 2020
Multipurpose shipping line AAL has outlined its strategy to comply with the upcoming Sulphur 2020 regulation.
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Heightened security risks take their toll
Assaults on commercial shipping in the Strait of Hormuz, including attacks on six tankers and the seizure of the UK-operated vessel Stena Impero, have raised concerns about navigation through the world’s busiest shipping channels.
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RSP buys Manston Airport
RiverOak Strategic Partners (RSP) has completed the acquisition of Kent, UK-based Manston Airport from Stone Hill Park for GBP 16.5 million (USD20.3 million).
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Zeamarine secures BHP contract
Schenker Australia has awarded Zeamarine a transportation contract for the BHP South Flank project in Western Australia.
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Ørsted to develop wind energy centre in Maryland
Ørsted US Offshore Wind has signed an agreement to develop Maryland’s first offshore wind energy staging centre at Tradepoint Atlantic to support the construction of the Skipjack wind farm.
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Scotline places newbuild order
Scotline Marine Holdings has ordered a third vessel from the Royal Bodewes Shipyard in Groningen, the Netherlands.
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Laso launches Italian subsidiary
Portugal-headquartered Laso Transportes has opened a subsidiary in Italy – Laso Italia.
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Ince & Co moves insurance practice
Ince & Co is relocating its insurance practice from Aldgate Tower to the Lloyd’s building in central London.
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APM invests in MOST
APM Terminals Callao has introduced the MOST customer platform to log, streamline and coordinate general cargo operations at the Peruvian port.
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Ekol and Transuniverse team up for multimodal facility
Turkey’s Ekol Logistics and Transuniverse Forwarding from Belgium are teaming up to construct a 40 ha multimodal facility at Kluizendok in Ghent, part of North Sea Port.