MacAndrews Purchase 25% Share in Progeco Bilbao

MarineLink.com
Tuesday, January 14, 2014

Following on last investment earlier in 2013 in the Rail Terminal in Murcia and the launching of the first Reefer Block Train operated in Spain linking Murcia with the Port of Bilbao two times per week, MacAndrews, a door to door Intermodal operator in Europe 100% subsidiary of CMA-CGM Group, have completed the purchase of a 25% share in Progeco Bilbao, SA, becoming its main shareholder.

Since 1985, Progeco Bilbao is offering comprehensive logistic services in the industrial and commercial sectors, basically logistic warehouses, container depot (dry and reefer maintenance and repairs) and transport services.

With the best location in the Port of Bilbao, only 200 meters away from the Container Terminal, Progeco counts with 14,000 m2 covered warehouse for storage of goods up to 15 tons with 27 loading docks, 1,500 m2 refrigerated warehouse with 8 loading docks for Reefer Containers, 4.000 m2 of semi-covered surface for large or steel products with specialized machinery to load up to 46 tons to handle special and out of gauge cargo, 8,000 m2 racked warehouse to stock up to 9,000 pallets, 6,500 m2 of general storage and a depot of 60,000 m2 offering own transport, inspection of containers, maintenance and repairs of dry and Reefer boxes (as the only dealer of most important reefer manufacturers), pre-trip, pre-cooling and assistance in perishable cargo consolidation, including on-board technical assistance for ships in transit 24 hrs/365 days/year.

MacAndrews is an Intermodal service provider of a full range of Intermodal and Logistics services in Europe, specialised in 45' High Cube Pallet Wide containers, serving niche, core geographical sectors of the U.K. and Ireland, Spain, Portugal, Holland, Poland, Scandinavia, and Russia, offering supply chain solutions tailored made to customer needs. Our container fleet is in excess of 9,000 teus in a wide array of sizes and configurations.

With five offices in Spain alone, MacAndrews operates close to 40 block trains on weekly basis linking daily main consumption / production areas throughout Spain with the Port of Bilbao to take advantage of the five sailings weekly to the U.K.
 

Maritime Reporter January 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

NORDEN Publishes CSR Report

Dampskibsselskabet NORDEN A/S has published its Corporate Social Responsibility (CSR) report 2014. Entitled, “On track”, the CSR report presents an overview of NORDEN’s CSR strategy,

LISCR Appoints New Managing Director for Hong Kong

The Liberian Registry has appointed shipping executive Gerry Buchanan as managing director of its dedicated Hong Kong office, the registry announced today.      As

Wheelabrator Opens Ontario Location

Surface preparation company Wheelabrator Group (Canada) Ltd. celebrated its grand opening with a ribbon cutting ceremony and luncheon after moving to a new location and office complex in Burlington,

Ports

Harbor Police Rescues Stranded Sea Lion

Sea lions are a common sight in San Diego Bay, but a sea lion wandering a busy roadway and then ending up in the back of a patrol car is slightly rarer.   The

CaroTrans Adds New Asia-US Service

CaroTrans, a global NVOCC (non-vessel operating common carrier) and ocean freight consolidator, announced a new all-water LCL (less than container-load) import

Access to Brazil's Itajai Port to Open as Truck Protest Ends

Protesters have agreed to open access to Brazil's main poultry exporting port of Itajai in Santa Catarina state, the port said on Wednesday, ending a lingering

News

NORDEN Publishes CSR Report

Dampskibsselskabet NORDEN A/S has published its Corporate Social Responsibility (CSR) report 2014. Entitled, “On track”, the CSR report presents an overview of NORDEN’s CSR strategy,

Fire Aboard US Navy Ship

A fire broke out aboard a U.S. Navy amphibious dock landing ship USS Gunston Hall (LSD 44) at approximately 2 p.m. yesterday while the ship was undergoing maintenance

Wheelabrator Opens Ontario Location

Surface preparation company Wheelabrator Group (Canada) Ltd. celebrated its grand opening with a ribbon cutting ceremony and luncheon after moving to a new location and office complex in Burlington,

Intermodal

Access to Brazil's Itajai Port to Open as Truck Protest Ends

Protesters have agreed to open access to Brazil's main poultry exporting port of Itajai in Santa Catarina state, the port said on Wednesday, ending a lingering

Brazil Truck Strike Diminishes

Some truck drivers in Brazil continued blocking roads on Tuesday, slowing grains deliveries to southern ports, even as adherence to the strike diminished and a

Faster Rotterdam-St Petersburg Link

The Rotterdam (Netherlands)-based neutral consolidator FPS Famous Pacific Shipping has launched a new, weekly ocean LCL service from Rotterdam to St Petersburg

Logistics

CaroTrans Adds New Asia-US Service

CaroTrans, a global NVOCC (non-vessel operating common carrier) and ocean freight consolidator, announced a new all-water LCL (less than container-load) import

BG Group's Australian Project Helping to Double LNG Supplies

A smooth start to operations at BG Group's Australian project in Queensland is expected to help the British company to roughly double its liquefied natural gas (LNG) supplies in 2015/16,

Seadrill: Rig Rates Have Not Bottomed

The market for oil and gas drilling rigs continues to deteriorate as oil companies cut back on investments, Seadrill Chief Financial Officer Rune Magnus Lundetrae

Mergers & Acquisitions

Kvichak, Vigor Announce Merger

Merger positions combined company to play a dominant role in recapitalization of North Pacific fishing fleet and emerging Arctic oil gas operations. Kvichak

Genting Acquires Crystal Cruises

Crystal Cruises has been sold for $550 million to the owner of Asia's largest cruise line and a major shareholder of Norwegian Cruise Line.    Crystal's parent company,

VesselVanguard Partners with Hatteras Yachts

VesselVanguard announced today a new partnership with Hatteras Yachts to provide a five-year subscription for its award-winning maintenance management solution

 
 
Maritime Careers / Shipboard Positions Maritime Security Naval Architecture Pipelines Pod Propulsion Port Authority Ship Repair Shipbuilding / Vessel Construction Sonar Winch
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.2060 sec (5 req/sec)