According to MSI, a New Year bulge in deliveries could take the shine off recent improvements as the market digests the impact of China’s strategy to cut pollution.
American Industrial Partners (AIP) is to acquire Rand Logistics, Inc. through an agreement which will see Rand convert its second lien debt into 100% of common equity within the newly reorganised company.
National Ports, in partnership with thyssenkrupp Industrial Solution, has developed a self-unloading super shallow draft bulk carrier that could transform transhipping in shallow water ports.
EEX Group finalise the transfer of the remaining 2018 – 2024 positions in Dry Bulk Freight FFA from LCH Ltd to European Commodity Clearing (ECC).
The River terminal located on the Illinois river will supply fertilizer at a high capacity exceeding industry standards.
Research and Production Corporation United Wagon Company (RPC UWC) signs deal to supply Kronospan with 267 platforms for timber transportation.
Siwertell, part of Cargotec, has delivered a new road-mobile unloader for Turkish aggregates company, Güsey Bazalt Beton San Maden Ve Tic Sti Ltd.
Rail Freight Services, will receive up to 300 000 t of aggregates a year at the new depot for onward supply to Tarmac customers.
Genesee & Wyoming and SEACOR form a joint venture to own and operate rail ferry service CG Railway, between the US and Mexico.
Louis Dreyfus Co. B.V. has announced the changes in its senior management, which go into effect immediately.