Tag Archives: partnership

ABP Enhances Container Service at Port of Hull with New State-of-the-Art Reach Stacker

(IN BRIEF) Associated British Ports (ABP) Humber Container Terminal at the Port of Hull receives a new Konecrane SMV 4638 reach stacker, bolstering its container service capabilities alongside its sister facility at ABP Immingham. The addition of this state-of-the-art equipment, … Read the full press release

Continental Expands Reach as Top Tire Supplier for Electric Vehicle Manufacturers in Asia-Pacific Region

(IN BRIEF) Continental, a leading tire manufacturer, has achieved a significant milestone by supplying tires to all five highest-volume electric vehicle manufacturers in the Asia-Pacific region for the first time, joining its stronghold in Europe, the Middle East, Africa, and … Read the full press release

Hydro Rein Partners with IOWN Energy for Large-Scale Wind Power Projects in Sweden and Norway

(IN BRIEF) Hydro Rein, Hydro’s renewable growth venture, has struck a deal with Swedish renewable energy developer IOWN Energy to acquire an 80 percent stake in a 2.4 GW portfolio of wind power projects in Sweden and Norway. The partnership … Read the full press release

DNV Facilitates Macquarie Capital’s Investment in ChargeZone: Accelerating India’s EV Charging Infrastructure Expansion

(IN BRIEF) DNV played a crucial role in facilitating Macquarie Capital’s decision to invest in ChargeZone, a leading Indian provider of EV charging infrastructure. Conducting technical due diligence (TDD) for the investment, DNV leveraged its expertise in the EV industry … Read the full press release

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

(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

Rolls-Royce Supplies Dynamic Power Solutions to Semiconductor Giant X-FAB Sarawak

(IN BRIEF) Rolls-Royce has equipped X-FAB Sarawak, a division of X-FAB, with four mtu Kinetic PowerPacks to ensure uninterrupted power supply for its semiconductor manufacturing facility in Kuching, Malaysia. These units, engineered to handle fluctuating power demands, provide immediate, high-quality … Read the full press release

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

(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

Triton Unveils Merger of Assemblin and Caverion, Creating Premier Technical Service Group

(IN BRIEF) Triton announces the strategic combination of its portfolio companies, Assemblin and Caverion, into the newly formed Assemblin Caverion Group, headquartered in Sweden. This merger, aimed at capitalizing on complementary strengths and expanding service offerings, marks Triton’s continued investment … Read the full press release

ANDRITZ Delivers Milestone Pulp Mill to UPM, Spearheading Global Expansion

(IN BRIEF) International technology group ANDRITZ has successfully delivered the UPM Paso de los Toros pulp mill in Uruguay to forest industry giant UPM, marking UPM’s largest investment to date. The mill, equipped with cutting-edge technology from ANDRITZ, boasts a … Read the full press release

Outokumpu and Langh Ship Forge Green Shipping Alliance to Cut Carbon Emissions

(IN BRIEF) Outokumpu, a leading provider of sustainable stainless steel, has partnered with Finnish shipping firm Langh Ship to revolutionize short sea liner operations. By introducing energy-efficient and low-emission vessels, such as the inaugural multipurpose vessel Lovisa, Outokumpu aims to … Read the full press release

UAE’s EDGE Group and Spain’s Indra Forge Strategic Radar Technology Joint Venture

(IN BRIEF) UAE-based EDGE Group and Spain’s Indra Sistemas have formalized a joint venture agreement to develop and manufacture next-generation radar systems in Abu Dhabi. The agreement, facilitating access to nearly 300 radar system orders, aims to expand both companies’ … Read the full press release

Serbian Plastic Manufacturer Achieves 50-Year Milestone Amidst Growing Sustainability Efforts

(IN BRIEF) MNG Plastik Gogić, a family-owned plastic manufacturing company based in Indjija, Serbia, celebrates over 50 years of successful business operations. Specializing in plastic waste containers, bins, and stadium seats, the company exports to over 60 countries worldwide. With … Read the full press release

Aviva Expands Reach with £242 Million Acquisition of Probitas Holdings

(IN BRIEF) Aviva plc has announced the acquisition of Probitas Holdings for £242 million, marking a significant step in its strategy to bolster profitable growth. This acquisition grants Aviva entry into the Lloyd’s market, providing access to substantial premium volumes, … Read the full press release

Siemens Mobility to Establish Cutting-Edge Rail Infrastructure Hub in Chippenham with €115 Million Investment

(IN BRIEF) Siemens Mobility announces a €115 million investment to establish a state-of-the-art rail infrastructure manufacturing, digital engineering, and R&D center in Chippenham, UK, replacing its current site by 2026. This strategic move underscores Siemens Mobility’s commitment to innovation and … Read the full press release

Rolls-Royce Submarines Expands Operations to Cardiff and Glasgow to Meet Defence Demand

(IN BRIEF) Rolls-Royce Submarines announces plans to open new offices in Cardiff and Glasgow, funded by the UK Ministry of Defence, to bolster its workforce and meet increased demand from the Royal Navy and the recent AUKUS agreement. Over 100 … Read the full press release

TotalEnergies Partners with Bapco Energies to Optimize Bahrain’s Petroleum Operations

(IN BRIEF) Patrick Pouyanné, Chairman and CEO of TotalEnergies, met with His Highness Shaikh Nasser bin Hamad Al Khalifa and Mark Thomas of Bapco Energies in Bahrain, laying the groundwork for collaboration. TotalEnergies will support Bapco Energies in optimizing its … Read the full press release

Maersk Partners with BANDAI NAMCO to Streamline Logistics Operations in Mexico City

(IN BRIEF) A.P. Moller – Maersk (Maersk) has forged a partnership with global toy manufacturer BANDAI NAMCO to manage its supply chain and logistics operations in Mexico City. Strategically located in the northern part of the city, the distribution center … Read the full press release

Fincantieri Fortifies Innovation Leadership with MIT Industrial Liaison Program Membership

(IN BRIEF) Fincantieri, a prominent shipbuilding group, has announced its enrollment in the esteemed Industrial Liaison Program (ILP) at the Massachusetts Institute of Technology (MIT). This membership signifies Fincantieri’s commitment to fostering innovation and staying at the forefront of technological … Read the full press release

Phagenesis Secures $42M Investment Led by EQT Life Sciences to Revolutionize Swallowing Disorder Treatment

(IN BRIEF) Phagenesis, a UK-based medical technology company specializing in treating swallowing disorders, has closed a significant $42 million Series D financing round led by EQT Life Sciences, with co-leadership from Sectoral Asset Management. This substantial investment reflects confidence in … Read the full press release

WindEurope and Azerbaijan Renewable Energy Agency Join Forces to Boost Wind Energy in Caspian Region

(IN BRIEF) WindEurope and the Azerbaijan Renewable Energy Agency have signed a Memorandum of Understanding (MoU) to accelerate the deployment of onshore and offshore wind energy in Azerbaijan and the broader Caspian Sea area. This collaboration aims to leverage Azerbaijan’s … Read the full press release