London falls to second place; Zurich, Munich, and NYC round out the top five most expensive cities Labor shortages and regulatory complexity fuel cost escalation as new global dynamics shape development realities Bright spots emerge in growth areas such as energy infrastructure and data centers as clients reallocate global resources to meet shifting demand Public… Read More
INTERNATIONAL CONTAINER Terminal Services, Inc. (ICTSI) has announced plans to invest over $84 million through its Baltic Container Terminal (BCT) in Gdynia, Poland, to enhance its terminal facilities. In a statement released on Tuesday, ICTSI confirmed the completion of Phase 1 of a two-phase major upgrade at the Helsie Quay. “The completion of Phase 1… Read More
MSC Mediterranean Shipping Company has completed the architectural competition for its new German headquarters in Hamburg’s HafenCity. Frankfurt-based Wandel Lorch Götze Wach (WLGW) won the competition with an innovative design that was characterised by openness, lightness and sustainable building principles. Dr Melanie Leonhard, Senator for Economic Affairs and Innovation of the Free and Hanseatic City… Read More
In an exclusive interview with Subsea Cables by Telecom Review, Royal IHC’s CEO, Derk te Bokkel, and Scott Mabin, Head of Sales for the UK, discussed the company’s strategic approach to supporting the evolving subsea cable industry. Royal IHC has been at the forefront of innovation in the subsea sector, providing specialized vessels and equipment… Read More
KONGSBERG (OSE: KOG) says it has delivered strong revenue growth with an increase of 28 per cent compared to Q1 2024. The results in Q1 confirm our strong position and the order backlog increased to NOK 134 billion. The profitability shows that KONGSBERG is well positioned in a rapidly changing world. Well-positioned across vessel segments… Read More