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

People & Company News

U.S. Drillers Add Rigs Despite Crude Collapse

U.S. energy firms added 5 oil rigs this week after putting 21 rigs into service last week, the most in over a year, despite a collapse in U.S. crude prices from recent highs in June,

West Africa's August Crude Exports to Asia to Slip

West African crude oil exports to Asia were expected to fall to 1.84 million barrels per day (bpd) in August, Reuters data and a survey of traders showed.     Slower

DryShips Reaches Agreement with Ocean Rig

DryShips Inc. (NASDAQ: DRYS), a global provider of marine transportation services for drybulk and petroleum cargoes, and through its subsidiary, Ocean Rig UDW Inc.

Ports

Hapag-Lloyd Adds Halmstad to Rotation

As one of the top global carriers Hapag-Lloyd offers a comprehensive service network and will add port of Halmstad, Sweden to the Nordic Short Sea Network. As

BBC Chartering Opens Vietnam Office

BBC Chartering announces the opening of a new representative office in Ho Chi Minh City, Vietnam, starting August 1st breakbulk, and general cargo transportation

Fratelli Neri Orders Damen Tug

One of the largest Italian tug owners, Fratelli Neri S.p.A, ordered its first Damen tug, an ASD 3212, on 21 July 2015.   The vessel will be the first ASD tug

News

U.S. Drillers Add Rigs Despite Crude Collapse

U.S. energy firms added 5 oil rigs this week after putting 21 rigs into service last week, the most in over a year, despite a collapse in U.S. crude prices from recent highs in June,

West Africa's August Crude Exports to Asia to Slip

West African crude oil exports to Asia were expected to fall to 1.84 million barrels per day (bpd) in August, Reuters data and a survey of traders showed.     Slower

DHS, Postal Service to Dedicate USCG Forever Stamp

U.S. Department of Homeland Security (DHS) and Postal Service leaders are scheduled to dedicate the United States Coast Guard Forever stamp during a ceremony Tuesday at Coast Guard Headquarters.

Intermodal

Hapag-Lloyd Adds Halmstad to Rotation

As one of the top global carriers Hapag-Lloyd offers a comprehensive service network and will add port of Halmstad, Sweden to the Nordic Short Sea Network. As

China Shipping Orders Eight 13500 TEU Box Ships

China Shipping Container Lines has placed orders for eight 13,500 twenty-foot-equivalent container ships at Shanghai Jiangnan Changxing Shipbuilding, continuing

Substantial Demand Underscores Need for TIGER Grants

U.S. Transportation Secretary Anthony Foxx has announced that applications to the U.S. Department of Transportation for its seventh round of Transportation Investment

Logistics

U.S. Drillers Add Rigs Despite Crude Collapse

U.S. energy firms added 5 oil rigs this week after putting 21 rigs into service last week, the most in over a year, despite a collapse in U.S. crude prices from recent highs in June,

West Africa's August Crude Exports to Asia to Slip

West African crude oil exports to Asia were expected to fall to 1.84 million barrels per day (bpd) in August, Reuters data and a survey of traders showed.     Slower

South China Sea Hotline in the Works

China and Southeast Asian nations have agreed to set up a foreign ministers' hotline to tackle emergencies in the disputed South China Sea, a senior official of

Mergers & Acquisitions

MHI: Notice of Absorption-Type Split Agreements

MHI gives Notice Regarding Conclusion of Absorption-type Split Agreements Relating to Transfer of Ship Construction and Hull Block Manufacture Businesses to Two

Calais Port Blocked Again by Protesters

Protesting ferry-workers blocked road access to the northern French port of Calais with burning tyres on Friday, police said. The workers have in recent weeks

BBC Chartering Opens Vietnam Office

BBC Chartering announces the opening of a new representative office in Ho Chi Minh City, Vietnam, starting August 1st breakbulk, and general cargo transportation

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Offshore Oil Pipelines Port Authority Ship Electronics Ship Simulators Shipbuilding / Vessel Construction Sonar Winch
rss | archive | history | articles | privacy | 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: 0.2534 sec (4 req/sec)