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EuroDry Ltd. Announces Agreement to Acquire M/V Santa Cruz, a 2005-built Panamax Bulker

EuroDry Ltd. Announces Agreement to Acquire M/V Santa Cruz, a 2005-built Panamax Bulker

EuroDry Ltd., an owner and operator of drybulk vessels and provider of seaborne transportation for drybulk cargoes, announced that it has agreed to acquire M/V Santa Cruz, a 76,440 dwt drybulk vessel built in 2005, for $15.75 million.

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Global Ship Lease announces new forward charter agreement

Global Ship Lease announces new forward charter agreement

Global Ship Lease, Inc. announced a forward agreement of a 48-52 month charter for the 8,600 TEU, 2004-built GSL Ningbo.

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Επανέναρξη της ακτοπλοϊκής σύνδεσης Κύπρου - Ελλάδας

Επανέναρξη της ακτοπλοϊκής σύνδεσης Κύπρου - Ελλάδας

Το πρώτο δρομολόγιο της θαλάσσιας επιβατικής σύνδεσης Κύπρου-Ελλάδας πραγματοποιείται σήμερα με το επιβατηγό οχηματαγωγό πλοίο Daleela της εταιρείας Scandro Holding το οποίο ξεκίνησε δρομολόγιο το μεσημέρι από την Λεμεσό με προορισμό τον Πειραιά.

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MAN Energy Solutions and UGS Make Joint Decarbonisation Commitment

MAN Energy Solutions and UGS Make Joint Decarbonisation Commitment

Union of Greek Shipowners targets decarbonisation across value chain

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Diana Shipping Inc. announces the sale of a capesize dry bulk vessel, the m/v Baltimore

Diana Shipping Inc. announces the sale of a capesize dry bulk vessel, the m/v Baltimore

Diana Shipping Inc., a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, announced that it has signed, through a separate wholly-owned subsidiary, a Memorandum of Agreement to sell one of its dry bulk vessels,…

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Ιορδανία: Δεκατρείς νεκροί και 250 τραυματίες από έκρηξη τοξικού αερίου στο λιμάνι της Άκαμπα

Ιορδανία: Δεκατρείς νεκροί και 250 τραυματίες από έκρηξη τοξικού αερίου στο λιμάνι της Άκαμπα

Της Γεωργίας Ερμίδη Δεκατρείς άνθρωποι έχασαν την ζωή τους και περίπου 250 τραυματίστηκαν όταν διέρρευσε σύμφωνα με τις πρώτες πληροφορίες αέριο χλώριο από μια δεξαμενή αποθήκευσης στο λιμάνι της Άκαμπα.

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Cargotec Plans To Change The Ownership Structure Of The Joint Venture In China

12 Μαΐου 2020.

cargotec2Cargotec and Jiangsu Rainbow Heavy Industries Co., Ltd. (RHI) plan together to change the ownership structure of their joint venture Rainbow-Cargotec Industries Co., Ltd (RCI) in China. The joint venture was established in 2012, and since then, RCI has successfully manufactured port and offshore cranes for Kalmar and MacGregor business areas at the factory in Taicang, China.

The companies have entered into an agreement where Cargotec will sell its 49% ownership in RCI to the joint venture partner, and simultaneously acquire certain operations and assets from RHI. According to the preliminary estimate, Cargotec will book a cost affecting comparability totalling EUR 35 million in its second quarter 2020 result as a consequence of the transaction.

The change aims to simplify Cargotec’s global supply chain operations. Simplification is needed mainly because the number of complex automation projects has been growing in the past couple of years. The arrangement will also support the asset light balance sheet structure.

After the transaction is completed, Kalmar and MacGregor will continue selling their offering to customers globally, partnering together with RHI and RCI. As part of the agreement, about 160 RCI employees are estimated to move over to Kalmar once the change in ownership structure has been completed.

Source: Cargotec

 

 

 

 

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