HD Hyundai Marine Solution (443060.KS) will spend about 331.5 billion won to acquire Goltens, a U.S. company specializing in the maintenance of marine and land-based power generation engines. The company plans to use Goltens’ global repair network and skilled workforce to expand its aftermarket business, including maintenance, repair and overhaul (MRO) services for ships, and… Read More
Noatum Logistics, an AD Ports Group company (ADX: ADPORTS) and global provider of integrated logistics services, has launched Fairs & Events Logistics as a dedicated business, bringing together industry experience and established capabilities to better serve customers across international exhibition markets. The business will operate with its own leadership team, product organisation and growth strategy…. Read More
Extending the operational life of TSHD BIESBOSCH Targeted optimisation helped Filia Dredging bring TSHD BIESBOSCH back into reliable operation. With technical support and in-depth vessel knowledge, Royal IHC helped postpone a major investment and extend the vessel’s operational life. Read the case Construction progressing for CS Genesis Take a look behind the scenes as CS… Read More
C.H. Robinson Worldwide, Inc. (“C.H. Robinson”) (Nasdaq: CHRW) and RXO Inc. (NYSE: RXO) (“RXO”), a Fortune 1000 provider of asset-light tech-enabled transportation solutions, today announced that they have entered into a definitive agreement (the “Merger Agreement”) under which C.H. Robinson will acquire RXO in a stock-and-cash transaction for an implied value of $5.8 billion and… Read More
By Fabrice Wolf Berlin’s decision to abandon the F126 frigates deals a severe new blow to the Dutch naval group Damen, which is already facing difficulties in several European markets, particularly in Belgium and the Netherlands. Selected to lead one of the Deutsche Marine’s main renewal programmes, the shipbuilder now sees Germany preparing to acquire… Read More
