Search Results for: shipping

Gasum Group Reports Strong Volume Growth and Improved Financial Performance in Q1 2024

Posted on 29, April 2024 by

(IN BRIEF) Gasum Group’s financial review for the first quarter of 2024 reflects significant volume growth, particularly in the maritime and traffic segments, with sales volumes increasing by 73 percent compared to the same period in 2023. Despite a decrease … Read the full press release →

Posted in Business, Economy, Energy, Gas & Oil, Financial, Finland, Industrial, Investment, Management, News

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Yara’s First Quarter 2024: Earnings Dip Amidst Rising Deliveries, Decarbonization Success, and Market Dynamics Shift

Posted on 26, April 2024 by

(IN BRIEF) Yara’s first-quarter 2024 earnings saw a decline, with EBITDA down by 11% compared to the previous year, primarily attributed to lower prices. Despite this, total deliveries surged by 12%, notably in Europe, which saw a 37% increase. The … Read the full press release →

Posted in Business, Chemicals, Economy, Environment, Financial, Industrial, Investment, Management, News, Norway

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Holcim Reports Robust Q1 Performance with Over-Proportional Growth and Strategic Expansion

Posted on 25, April 2024 by

(IN BRIEF) Holcim, a global leader in building solutions, announced its first-quarter 2024 results, showcasing strong growth and strategic expansion. Despite challenges, the company reported a net sales increase of 3.4% in local currency, with recurring EBIT growth of 17.1%. … Read the full press release →

Posted in Business, Construction, Economy, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News, Switzerland

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TotalEnergies and OQ Finalize Marsa LNG Project, Pioneering Low-Emission LNG Production in Oman

Posted on 22, April 2024 by

(IN BRIEF) During a visit to Muscat, Patrick Pouyanné, Chairman and CEO of TotalEnergies, reaffirmed the enduring partnership between TotalEnergies and Oman by announcing the Final Investment Decision (FID) for the Marsa LNG project. This project, in collaboration with OQ, … Read the full press release →

Posted in Business, Energy, Gas & Oil, Environment, Financial, France, Government, Industrial, Investment, Management, News

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DNV Grants Class and Statutory Certificates to Fortescue’s Green Pioneer, Pioneering Ammonia-Powered Vessel

Posted on 20, April 2024 by

(IN BRIEF) During Singapore Maritime Week, DNV awarded Australian company Fortescue with class and statutory certificates for its revolutionary dual-fuelled ammonia-powered ship, the ‘Green Pioneer’. This achievement marked the culmination of a project initiated in 2021, with DNV engaged to … Read the full press release →

Posted in Awards, Business, Energy, Gas & Oil, Financial, Government, Industrial, Investment, Management, News, Norway, Transportation & Logistics

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bp Streamlines Organizational Structure to Drive Value Growth

Posted on 19, April 2024 by

(IN BRIEF) In a move to enhance operational efficiency and focus on delivering its priorities, bp announces a simplification of its organizational structure. The company will maintain three core businesses – production & operations, gas & low carbon energy, and … Read the full press release →

Posted in Business, Energy, Gas & Oil, Industrial, Management, United Kingdom

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Rheinmetall’s MS Motorservice Implements State-of-the-Art High-Bay Storage System in Neuenstadt

Posted on 15, April 2024 by

(IN BRIEF) Rheinmetall’s subsidiary, MS Motorservice International GmbH, is set to construct a cutting-edge high-bay storage facility at its Neuenstadt plant, aimed at automating the storage of Euro-pallets. The investment, equipped with advanced conveyor technology and connected to various warehouse … Read the full press release →

Posted in Business, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology

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Lloyds Bank Completes Groundbreaking Paperless Trade Deal Using eBL and dPN

Posted on 15, April 2024 by

(IN BRIEF) In a significant milestone for digital trade, Lloyds Bank has executed its first transaction employing an electronic Bill of Lading (eBL) on the WaveBL platform, marking a move towards entirely paperless exchanges in international trade. Partnering with Somerset-based … Read the full press release →

Posted in Banks, Business, Economy, Environment, Financial, Industrial, Investment, Management, News, Technology, United Kingdom

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Claus Valentin Hemmingsen Assumes Leadership as Chair of Ramboll Group’s Board of Directors

Posted on 15, April 2024 by

(IN BRIEF) Claus Valentin Hemmingsen, a prominent figure in the Danish business realm, has been appointed as the new Chair of the Board of Directors at Ramboll Group, succeeding Jeff Gravenhorst. Hemmingsen brings a wealth of experience, including his tenure … Read the full press release →

Posted in Business, Denmark, Industrial, Infrastructure & Utilities, Management, News, Technology

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DHL Global Forwarding Partners with Prada Group to Reduce Emissions Through Sustainable Aviation Fuel

Posted on 11, April 2024 by

(IN BRIEF) DHL Global Forwarding announces its collaboration with the Prada Group, marking the fashion giant’s first investment in Sustainable Aviation Fuel (SAF) credits through DHL’s GoGreen Plus service. This strategic partnership allows Prada Group to significantly reduce its transport … Read the full press release →

Posted in Apparel, Fashion & Beauty, Aviation & Aerospace, Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Investment, Italy, Management, News, Technology, Transportation & Logistics

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Driving Sustainability: Vitesco Technologies Teams Up with DHL for Logistics Transformation

Posted on 11, April 2024 by

(IN BRIEF) Vitesco Technologies announces a strategic partnership with DHL Supply Chain as its Lead Logistics Partner (LLP) in Europe, aiming to enhance sustainability, resilience, and efficiency in its logistics operations. Starting March 2024, DHL will centrally manage logistics flows … Read the full press release →

Posted in Automotive, Business, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Poland, Technology, Transportation & Logistics

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Yara International ASA Set to Unveil First Quarter 2024 Results: Presentation and Conference Call Details Released

Posted on 10, April 2024 by

(IN BRIEF) Yara International ASA is scheduled to release its first quarter 2024 results on Friday, April 26, 2024, at 08:00 CEST, followed by a presentation in English at 12:00 CEST. Interested parties can access the report, presentation, and webcast … Read the full press release →

Posted in Business, Chemicals, Economy, Financial, Industrial, Investment, Management, Media, News, Norway

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BMT’s Noel Tomlinson Appointed Vice Chair of SMI Commercial Maritime Group Council

Posted on 10, April 2024 by

(IN BRIEF) BMT proudly announces the appointment of Noel Tomlinson as Vice Chair of the Society of Maritime Industries (SMI) Commercial Maritime Group (CMG) Council, showcasing his esteemed standing and dedication within the maritime sector. With a wealth of experience … Read the full press release →

Posted in Business, Industrial, Management, News, Transportation & Logistics, United Kingdom

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Societe Generale Joins Leading Banks to Introduce Pegasus Guidelines for Measuring Aviation Portfolio Emissions

Posted on 6, April 2024 by

(IN BRIEF) Societe Generale, alongside BNP Paribas, Citi, Crédit Agricole CIB, and Standard Chartered, in collaboration with RMI (Rocky Mountain Institute), has developed the pioneering Pegasus Guidelines. These guidelines offer a voluntary climate-aligned finance framework tailored for the aviation sector, … Read the full press release →

Posted in Aviation & Aerospace, Banks, Business, Environment, Financial, France, Government, Industrial, Investment, Management, News, Technology

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Allianz AGCS to Sell U.S. MidCorp and Entertainment Insurance Businesses to Arch for $450 Million

Posted on 6, April 2024 by

(IN BRIEF) Allianz Global Corporate & Specialty SE (AGCS) has announced an agreement to divest its U.S. MidCorp and Entertainment insurance businesses to Arch Insurance North America for $450 million in cash. The deal includes the transfer of approximately $2 … Read the full press release →

Posted in Business, Environment, Financial, Germany, Government, Industrial, Insurance, Investment, Management, News

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Maersk Names Second Methanol-Enabled Vessel ‘Astrid Mærsk’ in Yokohama Ceremony

Posted on 4, April 2024 by

(IN BRIEF) In Yokohama, Japan, Maersk celebrated the naming ceremony of the “Astrid Mærsk,” the second of its 18 large methanol-enabled vessels, marking a significant step towards its net-zero targets. With Mrs. Liza Uchida, spouse of Nissan CEO Makoto Uchida, … Read the full press release →

Posted in Business, Denmark, Environment, Financial, Government, Industrial, Investment, Management, News, Technology, Transportation & Logistics

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DHL Expands Parcel Locker Network in Sweden to Cater to Growing E-commerce Demands

Posted on 3, April 2024 by

(IN BRIEF) DHL announces plans to expand its out-of-home delivery network in Sweden by introducing approximately 1,000 new parcel lockers in 2024, focusing primarily on metropolitan areas. Partnering with iBoxen, DHL aims to strengthen its capacity and capabilities in the … Read the full press release →

Posted in Business, Environment, Financial, Germany, Government, Industrial, Internet & Online, Investment, Management, News, Sweden, Technology, Transportation & Logistics

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Marel’s SensorX: Revolutionizing Bone Detection in Food Processing

Posted on 2, April 2024 by

(IN BRIEF) In the realm of food processing, maintaining food safety and quality is paramount, yet contaminants pose a persistent challenge. Marel’s SensorX, introduced in 2007, has been a game-changer in bone inspection, setting the standard for the poultry industry. … Read the full press release →

Posted in Business, Environment, Financial, Food & Beverage, Iceland, Industrial, Infrastructure & Utilities, Investment, Management, News, Security & Safety, Technology

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Italian Energy Giants Forge Alliance for Maritime Decarbonization

Posted on 26, March 2024 by

(IN BRIEF) Eni, Fincantieri, and RINA, prominent Italian entities in energy, shipbuilding, and engineering consultancy respectively, have solidified an agreement to spearhead initiatives targeting the decarbonization of the maritime sector. Their collaborative efforts aim to develop sustainable alternatives, explore new … Read the full press release →

Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Italy, Management, News, Transportation & Logistics

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Fueling Sustainability: Gasum and NLF Collaborate to Advance Biogas in Norway’s Transportation Industry

Posted on 25, March 2024 by

(IN BRIEF) Gasum, a leading Nordic energy company, and the Norwegian Road Transport Association (NLF) have joined forces to promote the use of biogas as a key component of Norway’s green energy transition. The collaboration aims to raise awareness about … Read the full press release →

Posted in Business, Energy, Gas & Oil, Environment, Financial, Finland, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Norway, Transportation & Logistics

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Standard Chartered and DHL Express Forge Partnership for Sustainable Aviation Fuel Initiative

Posted on 20, March 2024 by

(IN BRIEF) Standard Chartered and DHL Express have entered a strategic partnership to advance the use of Sustainable Aviation Fuel (SAF) through DHL’s GoGreen Plus service. This collaboration enables Standard Chartered to offset CO2 emissions associated with its upstream logistics … Read the full press release →

Posted in Banks, Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Investment, Management, News, Transportation & Logistics

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Language Learning App for DHL Employees Wins Prestigious Award in Education Category

Posted on 13, March 2024 by

(IN BRIEF) DHL Group’s language learning app, developed in collaboration with LinguaTV, has clinched the national World Summit Award Germany in the Learning & Education category. This recognition propels the further education initiative into contention for the global WSA Global … Read the full press release →

Posted in Awards, Business, Education, Germany, Industrial, Management, Media, News, Technology, Transportation & Logistics

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thyssenkrupp Veerhaven Pioneers Climate-Friendly Pusher Tug Fleet for Steel Supply Chain Decarbonization

Posted on 12, March 2024 by

(IN BRIEF) thyssenkrupp Veerhaven, the Dutch logistics subsidiary of thyssenkrupp Steel Europe, is embarking on a groundbreaking initiative to design and commission climate-friendly pusher tugs for its fleet renewal. These innovative vessels, fueled by methanol and optimized for low-water capabilities, … Read the full press release →

Posted in Business, Environment, Financial, Germany, Government, Industrial, Investment, Management, Metals and Minerals, Netherlands, News, Transportation & Logistics

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DHL Global Forwarding Partners with kinderherzen to Transport Mobile Heart Clinic for Infants Worldwide

Posted on 12, March 2024 by

(IN BRIEF) DHL Global Forwarding has initiated a pro bono logistics partnership with German NGO kinderherzen, facilitating the transportation of the world’s first mobile heart clinic for infants to various countries globally. The mobile clinic, starting its journey in El … Read the full press release →

Posted in Business, Environment, Financial, Germany, Healthcare, Industrial, Investment, Management, News, Non Profit, Technology, Transportation & Logistics

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NatWest Regional PMI® Survey: UK Business Activity Grows, Confidence Improves

Posted on 12, March 2024 by

(IN BRIEF) The latest NatWest Regional PMI® survey reveals that business activity expanded across most UK regions in February, accompanied by an uptick in business confidence fueled by rising demand. While regions such as London saw robust growth, others like … Read the full press release →

Posted in Banks, Business, Economy, Financial, Industrial, Investment, Management, News, United Kingdom

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Alfa Laval and K Shipbuilding Partner to Advance OceanGlide Air Lubrication System

Posted on 11, March 2024 by

(IN BRIEF) Alfa Laval has forged a significant collaboration with K Shipbuilding (KSB), a leading Korean shipyard, by signing a Memorandum of Understanding (MOU) for the installation of Alfa Laval OceanGlide Air Lubrication System in potential newbuilding projects such as … Read the full press release →

Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Investment, Management, News, Sweden, Technology, Transportation & Logistics

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ING Releases 2023 Annual Report Highlighting Resilience and Sustainability Commitments

Posted on 7, March 2024 by
ING Repurchases Nearly 1.7 Million Shares, Demonstrating Progress in Buyback Initiative

(IN BRIEF) ING has published its 2023 Annual Report, offering stakeholders an overview of its strategy, business activities, and performance throughout the year. Despite facing numerous challenges such as geopolitical tensions, economic shocks, and climate-related disasters, ING has navigated successfully … Read the full press release →

Posted in Banks, Business, Economy, Environment, Industrial, Investment, Management, Netherlands, News

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Joint Study Suggests Safe Extension of LNG Carrier Tank Inspection Intervals with Advanced Monitoring Technology

Posted on 6, March 2024 by

(IN BRIEF) A collaborative effort led by GTT Group, Lloyd’s Register, and Shell International Trading and Shipping Company Limited has concluded that inspection intervals for LNG carrier membrane tanks could be safely extended, thanks to advancements in monitoring technology and … Read the full press release →

Posted in Business, Energy, Gas & Oil, Financial, France, Industrial, Investment, Management, News, Security & Safety, Technology, Transportation & Logistics

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Syngenta Partners with Maersk for Biofuel-Powered Ocean Transport, Aiming for Reduced GHG Emissions

Posted on 5, March 2024 by

(IN BRIEF) Syngenta Crop Protection has finalized an agreement with Maersk for ocean transport using biofuel, marking a significant step towards reducing greenhouse gas (GHG) emissions from its logistics operations. Through Maersk’s ECO Delivery solution, Syngenta will utilize certified biofuels … Read the full press release →

Posted in Agriculture, Business, Denmark, Environment, Financial, Government, Industrial, Investment, Management, News, Switzerland, Technology, Transportation & Logistics

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Gasum Expands Filling Station Network to Meet Growing Demand for Biogas in Sweden

Posted on 4, March 2024 by

(IN BRIEF) Gasum, an energy company, is set to open a new filling station in Vänersborg, Sweden, in collaboration with logistics firm Centralen, aiming to address the increasing demand for biogas across the Nordics. Scheduled to open on March 11, … Read the full press release →

Posted in Business, Energy, Gas & Oil, Environment, Financial, Finland, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden, Technology

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DHL Group Inaugurates State-of-the-Art Logistics Center in Poznan, Poland

Posted on 2, March 2024 by

(IN BRIEF) DHL Group unveils its new international logistics center in Robakowo, near Poznan, Poland, in collaboration with DHL eCommerce, Post & Parcel Germany, and DHL Freight. Representing an investment of approximately 180 million euros, the facility spans 32,000 sqm … Read the full press release →

Posted in Business, Financial, Germany, Government, Industrial, Investment, Management, News, Poland, Technology, Transportation & Logistics

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Yara Brasil and Petrobras Forge Partnership to Drive Decarbonization in Fertilizer and Industrial Sectors

Posted on 29, February 2024 by

(IN BRIEF) Yara Brasil Fertilizantes S.A. (Yara) and Petrobras have entered into a non-binding Memorandum of Understanding (MOU) aimed at exploring potential business collaborations concerning the production and decarbonization of local fertilizer and industrial products in Brazil. With Brazil being … Read the full press release →

Posted in Agriculture, Business, Chemicals, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Investment, Management, News, Norway

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DHL and Formula 1 Extend Partnership to Drive Sustainability in Motorsports Logistics

Posted on 28, February 2024 by

(IN BRIEF) DHL and Formula 1 have announced a multi-year extension of their partnership, with DHL commemorating its 20th anniversary as the Official Logistics Partner of Formula 1. This collaboration, the longest-standing global partnership in the sport’s history, signifies a … Read the full press release →

Posted in Automotive, Business, Environment, Financial, Germany, Industrial, Investment, Management, News, Sports, Technology, Transportation & Logistics

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Lloyds Bank Spearheads Trade Innovation: Joins WaveBL for Digital Bill of Lading Transfer

Posted on 27, February 2024 by

(IN BRIEF) Lloyds Bank makes history as the first UK bank to integrate with the WaveBL electronic trade documentation platform, revolutionizing international trade processes for its clients. By leveraging blockchain-based electronic Bills of Lading (eBLs), Lloyds Bank facilitates swift and … Read the full press release →

Posted in Banks, Business, Economy, Environment, Financial, Industrial, International Trade, Investment, Management, News, Technology, United Kingdom

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Kuehne+Nagel Enhances Sea Freight Customer Platform with End-to-End Lead Times

Posted on 26, February 2024 by

(IN BRIEF) Kuehne+Nagel has bolstered its seaexplorer customer platform by integrating pre- and on-carriage lead times for both full container loads (FCL) and less than container loads (LCL), offering shippers comprehensive insights into the global shipping network. The platform now … Read the full press release →

Posted in Business, Financial, Industrial, Internet & Online, Investment, Management, News, Switzerland, Technology, Transportation & Logistics

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ABP Hosts ECG Maritime Meeting, Showcasing Automotive Industry Hub

Posted on 23, February 2024 by

(IN BRIEF) Associated British Ports (ABP) is hosting the inaugural ECG Maritime & Ports Working Group meeting at its Grimsby port, a pivotal location in the UK’s automotive sector. ABP’s Humber ports, including Grimsby and Immingham, handle over 700,000 vehicles … Read the full press release →

Posted in Automotive, Business, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Management, Media, News, Transportation & Logistics, United Kingdom

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Abeking & Rasmussen Unveils Largest Superyacht with Record-breaking Features and Sophisticated Propulsion System

Posted on 22, February 2024 by

(IN BRIEF) Abeking & Rasmussen, renowned shipbuilders based in Germany, has introduced Liva°, the largest superyacht to date spanning over 118 meters. This masterpiece showcases not only impressive dimensions but also record-breaking features, including a sleek black hull and seamlessly … Read the full press release →

Posted in Business, Electronics & Machinery, Financial, Germany, Industrial, Investment, Management, News, Technology, Transportation & Logistics

Port of Salalah Welcomes Arrival of State-of-the-Art Ship-to-Shore Cranes as Part of USD 300 Million Upgrade Project

Posted on 17, February 2024 by

(IN BRIEF) The Port of Salalah has received the first four of ten new ZPMC ship-to-shore cranes as part of its USD 300 million upgrade and expansion project, set to increase annual capacity from 5 million to 6 million TEU … Read the full press release →

Posted in Banks, Business, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Management, Netherlands, News, Transportation & Logistics

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Gasum Partners with Wasaline to Manage EU Allowances Portfolio

Posted on 12, February 2024 by

(IN BRIEF) Gasum Portfolio Services has been chosen by shipping company Wasaline to manage its EU Allowances (EUA) portfolio, following the extension of the EU emissions trading system to include the maritime sector at the beginning of 2024. This partnership … Read the full press release →

Posted in Business, Energy, Gas & Oil, Environment, European Union, Financial, Finland, Industrial, Investment, Management, News, Transportation & Logistics

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Maersk Elevates Shanghai as Global Gateway for Less-than-Container-Load Shipments

Posted on 10, February 2024 by

(IN BRIEF) Maersk, a global leader in shipping and logistics, has designated Shanghai as its new global gateway for Less-than-Container-Load (LCL) shipments, marking a significant shift in the industry’s logistics landscape. Leveraging relaxed local restrictions, Shanghai now serves as a … Read the full press release →

Posted in Business, Denmark, Environment, Financial, Government, Industrial, Investment, Management, News, Transportation & Logistics

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