Latest business news – Page 90
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NewsHWH corridor gets a boost with Morrow grant
The port of Morrow, located on the Columbia River near Boardman, Oregon, has been awarded a USD19.4 million grant to fund infrastructure projects at the marine terminals within the port.
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NewsStockholm Norvik Port progresses
Sweden’s Ports of Stockholm is progressing with the construction of Stockholm Norvik Port, which is set to open in May 2020.
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NewsFred. Olsen Windcarrier wins Moray East contract
MHI Vestas Offshore Wind has awarded a contract to Fred. Olsen Windcarrier for the installation of 100 V164 9.5 MW turbines for the Moray East project off the east coast of Scotland.
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NewsCattani rebrands to Barnhart
Illinois-based Cattani Crane is rebranding as Barnhart, the latter having acquired Cattani four years ago.
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NewsMammoet targets Antwerp petrochemicals
Mammoet Belgium has opened a base at the port of Antwerp aimed at supporting the region’s petrochemical and industrial sectors.
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NewsWFW advises on Zeamarine acquisition
Zeaborn Group selected Watson Farley & Williams (WFW) to advise on the acquisition of all outstanding shares in Zeamarine from its joint venture partner, New Mountain Capital.
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NewsGAC opens branch in Ras Laffan
GAC Qatar has opened an office in Ras Laffan Industrial City in response to growing demand for its shipping and logistics services at the port.
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NewsTerex sells more product lines
Terex has sold its boom truck, truck crane and crossover product lines to Load King – a subsidiary of Custom Truck One Source.
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NewsCIMC secures Wallenius-SOL ro-ro order
Wallenius-SOL, the recently formed joint venture between Wallenius and Swedish Orient Line (SOL), has contracted CIMC for the construction of four LNG-powered ro-ro vessels.
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NewsSAL teams up with Intermare in Italy
SAL Heavy Lift has established official representation in the Italian market through a partnership with Genoa-based Intermare Group.
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NewsMacGregor launches FibreTrac
MacGregor has introduced its fibre rope offshore crane, FibreTrac.
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NewsDamen showcases InvaSave 300
Damen Green Solutions is touring its InvaSave mobile ballast water treatment system around Europe to demonstrate its effectiveness in complying with the upcoming International Maritime Organization’s (IMO) regulations.
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NewsGreen vessels for Finnlines
Knud E. Hansen has signed a contract with Nanjing Jinling Shipyard in China for the construction of three ro-ro vessels, designed in close cooperation with Finnlines.
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NewsUAL and BOCS team up
Universal Africa Lines (UAL) and BOCS Bremen Overseas Chartering and Shipping (BOCS) are combining their liner services and vessels that operate from Europe to West Africa.
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NewsCargolux flies high in 2018
For the second year running, Cargolux has reported an increase in net profit after tax, despite softening demand for its services in the second half of 2018.
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NewsACE Belgium readies for launch
ACE Belgium Freighters is preparing to launch its scheduled and charter services out of Liège Airport after receiving its air operator’s certificate (AOC) from the Belgian Civil Aviation Authority.
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NewsScott-Macon adds with Tadano
USA-based Scott-Macon Equipment has purchased four Tadano Mantis telescopic boom crawler cranes.
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NewsWallenius and SOL form shipping venture
Wallenius and Swedish Orient Line (SOL) have joined forces to service the northern European market with five ro-ro ships.
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NewsBaltimore sets cargo record
Combined international cargo throughput at the state-owned and privately owned marine terminals at the port of Baltimore totalled a record 43 million tons in 2018.
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NewsUSA to cancel Iranian oil waivers
The USA has decided that it will not extend further waivers on Iranian oil imports after May 2, 2019.