Wilson CFO: “There should be fewer, bigger players”
ShortseaThe European shortsea sector has been struggling for over a decade. “Consolidation is much needed, says Wilson Shipping’s CFO Stig Vangen. “There should be fewer, bigger players because the options are running out. And it...Read more
Siemens Gamesa won’t rush bigger turbines to market, says CEO
Siemens Gamesa will not be rushing bigger wind turbines to market following GE’s release of the 12MW Haliade-X. Instead, the company will focus on improving its position amidst a period of rapid consolidation that will...Read more
Mammoet and ALE confirm advanced takeover talks
Crane operatorsMammoet and ALE today have announced that the two companies are negotiating a purchase agreement, under which Mammoet would acquire the British heavy lift and transport specialist. In a statement released today, the companies say that...Read more
Zeaborn enters tanker market
ShippingZeaborn has entered the tanker shipping industry through the purchase of Claus-Peter Offen Tankschiffreederei (CPO Tankers), the tanker management subsidiary of Offen Group. The Bremen-based multipurpose vessel operator acquired all shares as per an agreement...Read more