Royal Dutch Shell is preparing a major reorganization in response to the new oil crisis, which sees the company write...Shell to write off 20 billion dollars in assets, plans major reorganization
Maersk Special Project Logistics (SPL) has shipped 53.3 million N95 facial masks from Asia to North America between April and...Maersk ships millions of masks to North America… by air
United Heavy Lift and Ocean7 Projects have expanded their Middle East presence by opening a new office in Dubai under their...United O7 expands in the Middle East with Dubai office
Bolloré extends air bridge between Europe and Africa
PRESS RELEASE – Against the backdrop of the Covid-19 pandemic, Bolloré Logistics is extending its special weekly cargo freight service between Europe and West Africa until 31 July 2020. (more…)Read more
BP sells petrochemical business to Ineos for 5 billion dollars
BP has agreed to sell its global petrochemicals business to Ineos for a total amount of 5 billion dollars. The sale will strengthen the company’s balance sheet while the oil major is reinventing itself to...Read more
Universal Transport delivers wind turbines for Enercon
PRESS RELEASE – Heavy load logistics provider Universal Transport has delivered two complete wind turbines from their production sites in Northern and Central Germany to their site of operation, a wind farm in North Rhine-Westphalia...Read more
AAL moves generators for Siemens
PRESS RELEASE – AAL Shipping ahs transported two 350-tonne Siemens generators for gas-fired power plants in Europe and Iraq. The units were built at Siemens energy hub in North Carolina in the US. (more…)Read more
DEME opts for Huisman crane for new installation vessel
DEME has opted for a Huisman crane for its new installation vessel Green Jade, which is being built in cooperation with Taiwanese shipbuilder CSBC. The crane will be built at Huisman’s facility in China and...Read more
Charter rates have bottomed out
The charter rates for multipurpose vessels have bottomed out. Toepfer’s Multipurpose Shipping Index for July shows the rates bouncing back a notch to 6,391 dollars per day for a 12,500 dwt geared vessel. (more…)Read more
EMS Log strengthens presence in Southern Germany
PRESS RELEASE – German transport specialist EMS Log has opened a new branch office in Seelbach, Baden-Württemberg, on July 1. Head of the office in Southern Germany is Jürgen Menge, who has extensive experience in...Read more
Mammoet creates beach landing to deliver in Sakhalin
Mammoet created a custom beach landing solution to deliver 22 pieces of equipment to the onshore processing facility compression site of the Sakhalin-2 project in Russia. In addition to the lack of infrastructure, the Dutch...Read more
PSA Antwerp invests in expansion of breakbulk capabilities
PSA has invested heavily in its Breakbulk Terminal in the port of Antwerp in the past few months. The terminal operator has added several new cranes to increase its steel handling capabilities. (more…)Read more
Maersk introduces penalty for misdeclared out-of-gauge cargoes
Maersk is introducing a new penalty fee for the misdeclaration of out-of-gauge cargoes. The container carrier says it is experiencing too many incidents with shipments causing issues due to wrongly declared dimensions. The surcharge is...Read more
Jumbo Javelin gets power upgrade for Yunlin installation contract
PRESS RELEASE – Alewijnse has finished the electrical conversion on board the heavy lift crane vessel Jumbo Javelin. For this conversion, the company engineered, manufactured and delivered several new switchboards and modified systems for power...Read more
Wagenborg nearly quadrupled its profit in 2019
Royal Wagenborg significantly improved its profit last year. The company’s operating result more than doubled from 27 to 71 million euros, while the net profit jumped from 13 to 44 million euros. This year the...Read moreDEME gives go-ahead for new 4,000-tonne installation vessel
Together with its Taiwanese partner CSBC, Belgian offshore contractor DEME has given the go-ahead for the construction of another installation vessel. The Green Jade, as the vessel will be called, will feature a 4,000-tonne crane...Read more
Liebherr develops new remote service app for cranes
PRESS RELEASE – Liebherr has developed a remote service tool for crawler cranes, deep foundation equipment and maritime cranes. The app allows operators to share visual information, resulting in faster and easier troubleshooting. As part...Read more
Siemens Gamesa bags another order for its 14 MW offshore turbine
Siemens Gamesa has received another order for its new flagship 14 MW offshore wind turbine. The manufacturer will deliver 100 units for Innogy’s 1.4-gigawatt Sofia Offshore Wind Farm in the UK. (more…)Read more