DFDS makes EUR 950 million acquisition

"With the acquisition of U.N. Ro-Ro, we are expanding into one of Europe's most attractive freight markets which is operationally similar to northern Europe. This gives us opportunity together with the existing strong management team to leverage our network, fleet, experience and skills to develop the business further while supporting

MHI Vestas Turbines for Dutch Offshore Wind Innovation Site

Two Towers B.V., the consortium developing the 19MW Borssele V demonstrator wind farm in the Dutch North Sea, has selected MHI Vestas Offshore Wind as the preferred wind turbine supplier. As reported earlier, Two Towers B.V., a consortium consisting of Van Oord Renewable Finance, Investri Offshore and Green Giraffe Holding, won the tender

Robert van de Weg rejoins Volga Dnepr as VP sales & marketing

Robert van de Weg, one of the air cargo industry’s leading commercial executives, has rejoined Volga-Dnepr Group as Vice President for Sales and Marketing. In his new role, he will embrace the commercial activities of all the Group’s airlines, namely AirBridgeCargo Airlines, Volga-Dnepr Airlines and Atran Airlines, with responsibility to strengthen

Volga-Dnepr Supplying Yamal LNG project

SABETTA PORT, Russia: Volga-Dnepr Airlines has delivered 130 tonnes of industrial equipment on behalf of AeroTransCargo for the Yamal LNG gas recovery project. AeroTransCargo has already delivered over 3,500 tonnes of equipment using Volga-Dnepr IL-76TD-90VD and An-124 aircraft in temperatures as low as -35° Celsius. “Our company is the contractor to one

Mammoet Russia Completes Projects For Gazprom

Mammoet has successfully completed the safe delivery of two heavy and oversized columns to Gazprom Neft Moscow Refinery for the construction of their new combined Euro+ facility in Moscow. Construction of the new complex will provide additional stability in fuel supplies for Moscow into the future. A vacuum column and an

Doosan Heavy Enters Offshore Wind

South Korea’s Doosan Heavy Industries & Construction Co. and Vietnam’s state-run utility Vietnam Electricity have signed a Memorandum of Understanding (MoU) to jointly develop a pilot offshore wind project off Vietnam. Under the terms of the MoU, the South Korean power equipment manufacturer will be in charge of supplying wind power equipment

Shipping Is Too Inefficiency And Needs Overhaul

Zeaborn is very serious when it says "mean and lean". There is enough of fat that can be cut off to save on costs. Stylish Head Offices, just to mention one. "We can deliver ship management spending half the money," the management tells ShippingWatch. Shipping has suffered from inefficiency over the

Ex Beluga CEO Stolberg gets prison sentence

Yesterday's verdict in the trial of Niels Stolberg and three co-defendants brought to a conclusion a long-running trial which began in January 2016 Stolberg was sentenced to three and a half years in prison having been indicted and found guilty on several charges of credit fraud and false accounting while he was

Accenture’s Shipping-Based Blockchain Project Gets Go-Ahead

Accenture PLC recently announced that a consortium consisting of AB InBev, APL, Kuehne + Nagel and an anonymous European customs organization examined and approved its blockchain technology aimed at addressing global shipping issues. The pilot project marked an effort to transition to a process where data could be shared securely through blockchain