All Business articles – Page 22
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Boskalis 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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Dongbang 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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POSH Terasea wound up
POSH Terasea (PTPL) will be voluntarily liquidated having defaulted on a credit facility.
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BIFA 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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Navegate expands in the USA
Navegate has opened offices in Houston, Texas and Kansas City, Missouri.
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ITI updates VR training
Industrial Training International (ITI) has updated the crane simulation library of its virtual reality (VR) training solution.
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SGRE to buy Senvion assets
Siemens Gamesa Renewable Energy (SGRE) has reached agreement to acquire selected European assets of Senvion Group for EUR200 million (USD223.3 million).
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Liebherr-Mining moves to river transportation
Liebherr-Mining Equipment Colmar has been utilising the inland waterways to move its components in Europe.
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Rock-It invests in Triple M
Rock-It Cargo has invested in Belgium-based Triple M Entertainment Logistics.
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JFT lands Rovuma EPC contract
JFT – a consortium between JGC, Fluor and TechnipFMC – has been awarded an EPC contract by Mozambique Rovuma Venture (MRV).
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IMO looks at fuels of the future
An International Maritime Organization (IMO) symposium held on October 18 considered the sulphur 2020 limit which comes into effect on January 1, 2020, as well as the longer term need to decarbonise shipping.
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YIFFY: celebrating young professionals
The 21st Young International Freight Forwarder of the Year (YIFFY) Award – supported by the International Federation of Freight Forwarders Associations (FIATA) and TT Club – was announced at the FIATA World Congress, held in Cape Town on October 1-5.
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Brexit and the impact for offshore renewables
If the UK leaves the European Union (EU) without a deal on the exit proceedings, there will be a significant effect on the offshore renewable energy market, said Global Renewables Shipbrokers (GRS).
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Volga-Dnepr Group moves to allay reports of financial woes
The Volga-Dnepr Group has downplayed Russian press reports regarding the scale of the current financial challenges it faces, HLPFI’s sister publication Air Cargo News reports.
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Registration open for PPG master class
Registration has opened for the Project Professionals Group (PPG) project cargo forwarding training course, which will be held at the AntwerpXL exhibition in April 2020.
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Chapman partners with AIA in Ireland
Chapman Freeborn Airchartering has entered a strategic cooperation with Airbridge International Agencies (AIA) Cargo to strengthen both companies’ service offering in Ireland.
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Innovating to push project logistics into the 21st century
Dennis Mottola, global logistics consultant, explains to David Kershaw why he is positive about the outlook for the logistics industry, despite a widespread need for modernisation.
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Wärtsilä partners with Norsepower
Wärtsilä and Norsepower have signed a service cooperation agreement aimed at promoting the use of wind propulsion systems in shipping.
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Cory moves to Ipswich office
UK-headquartered Cory Brothers has relocated its office in Felixstowe to Ipswich town centre.
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BIMCO to present sanctions clauses in December
The Baltic and International Maritime Council (BIMCO) is launching new sanctions clauses for time and voyage charters.