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 August 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Brent Crude Slips Towards US$102

Brent crude fell towards $102 a barrel on Tuesday on concerns of slowing oil demand growth due to weak economic recoveries in China and Europe, although new unrest

SGS Wet Welding Repairs Approved by DNV GL

DNV GL and Subsea Global Solutions LLC (SGS) say that they have completed an extensive joint research and development program, that will allow permanent repairs

Aker Solutions Update on Company Hive-Off

Aker Solutions informs updated unaudited financial information for the two companies - the new Aker Solutions and Akastor - that will be formed following the split

Ports

Tankship-specific Version of FindaportCD Released

Harbour & terminal information providers, Shipping Guides Ltd, says its latest tanker-specific  addition enables customers to access the most comprehensive port

Panama Canal Generates VER Carbon Credits

The Panama Canal Authority (ACP) informs it has certified Verified Emission Reductions (VERs) or carbon credits, within the framework of the Sustainable Forest

NZ's Lyttelton Port Recommends Offer, to Pay Special Dividend

The board of New Zealand's  Lyttelton Port Co. Ltd recommended minority shareholders accept an offer of NZ$3.95 a share offer from the commercial arm of the Christchurch city council.

News

USCG, National Park Service Rescue Sea Turtle

Members from the U.S. Coast Guard and National Park Service rescued a loggerhead sea turtle Sunday in Oregon Inlet. Watchstanders at Coast Guard Sector North Carolina

Bulk Equipment is Delivered to Syzran Refinery

A reactor and a cold high-pressure separator is delivered to the site of Rosneft subsidiary Syzran Refinery for the constructed diesel hydro-treater. The unit

Achinsk Refinery Resumes Operation on Tight Schedule

Achinsk Oil refinery, suspended after the incident of June 15, 2014 has recovered the processes of primary crude oil processing on a tight schedule, according to the plan of repair activities.

Logistics

Tankship-specific Version of FindaportCD Released

Harbour & terminal information providers, Shipping Guides Ltd, says its latest tanker-specific  addition enables customers to access the most comprehensive port

Bulk Equipment is Delivered to Syzran Refinery

A reactor and a cold high-pressure separator is delivered to the site of Rosneft subsidiary Syzran Refinery for the constructed diesel hydro-treater. The unit

Gazprom Neft Starts Oil Production, Shipments from Iraqi Badra Field

Russia's Gazprom Neft said on Monday it started commercial production and shipments of oil produced at its Iraqi Badra oil field. Gazprom Neft, the oil arm of state gas company Gazprom ,

Mergers & Acquisitions

Aker Solutions Update on Company Hive-Off

Aker Solutions informs updated unaudited financial information for the two companies - the new Aker Solutions and Akastor - that will be formed following the split

NYK Opens New Planning Center in Kumamoto

On September 1, 2014, NYK and Kozo Keikaku Engineering Inc. established a stowage planning center for container shipping at the Kumamoto office of Kozo Keikaku Engineering Inc.

Dentressangle Acquire U.S. 3PL Provider Jacobson

France's Norbert Dentressangle says it has completed the previously announced acquisition of all the shares of privately held U.S. third party logistics (3PL) provider,

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Navigation Offshore Oil Pod Propulsion Port Authority Salvage Ship Repair Ship Simulators 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: 0.1629 sec (6 req/sec)