Property Developer News

HX (Hurtigruten Expeditions) has announced Alex Delamere-White’s official appointment as Chief Commercial Officer (CCO), following six months as acting interim CCO.Based out of the new HX HQ in London, Delamere-White will bring the global functions under one leadership model to further fuel HX’s long-term growth plans, including newly evolved roles for Nathaniel Sherborne and Jim Sayer. Sayer is appointed to SVP Global Marketing bringing together the global marketing functions under his leadership.

Singapore port operator Jurong Port has completed its acquisition of a stake in a major oil storage terminal in the city-state from the family behind collapsed oil trader Hin Leong Trading Pte Ltd, a port spokesman said on Saturday.The spokesman said government-owned Jurong Port had completed the purchase of a 41% stake in Universal Terminal from the Lim family. He declined to give details on the transaction.A lawyer for the family did not immediately respond to a Reuters email…

French electricity giant Électricité de France (EDF) is moving into the Irish energy market.EDF Renewables, a subsidiary of the French energy utility, has acquired a 50% stake in the Codling offshore wind project from Hazel Shore, a company linked to the property developer, Johnny Ronan.EDF Renewables will develop and build the project alongside Fred Olsen Renewables, which owns the other 50% stake in 1100MW Codling Wind ParkIt is the first investment by the international energy player in the Republic.The Codling project is located south of Dublin, 13 km off the coast of County Wicklow thus benefiting from the favorable conditions for offshore wind off the east coast of Ireland. The initial development work started in 2003.

A short drive west of Johannesburg on the edge of a fading bohemian high street stands 27 Boxes, a mosaic-colored retail center built entirely of old shipping containers. Opened in August, it consists of 27 iron containers stacked Lego-like into three floors of stores ranging from a green grocer, al fresco coffee houses and a Philadelphia-style grill house, to a toddler-wear boutique and bicycle rental shop. Retail expansion in South Africa, especially in the small business sector…

"This move is a long-term investment for us and underlines our commitment to Aberdeen and our customers in the area," said David Currie, Aker Solutions' regional head in the UK. Aker Solutions explains that the facility is under development and will consist of three interconnected buildings in the Aberdeen International Business Park on Dyce Drive, the main route between Aberdeen's city center and international airport. The complex will total about 31,100 square meters (334,713 square feet) of office space and related facilities, including a fitness center with squash courts, catering facilities, a nursery, medical facilities and an auditorium. It constitutes the first phase of the park's development and is expected to be ready for occupation in the second quarter of 2015.

Israeli property Developer Azrieli Group Said on Sunday it is in Talks to Sell Energy Company Sonol Israel to S. Shlomo Holdings Holding Company. Sonol is fully owned by Azrieli Subsidiary Granite Hacarmel . Refined Petroleum Products It distributes and Operates a chain of service stations Nationwide. Azrieli Group , which has Numerous Investments in Israel , INCLUDING Several shopping MALLS, Gave no further details of the Negotiations. Financial daily Globes reported the deal could be worth 500 million shekels ($ 144.62 million). (Reporting by Ari Rabinovitch ) ($ 1 = 3.4574 Israeli Shekels)

Christine Cabau Woehrel has taken up her new role as CEO of the Marseilles Fos port authority after two years heading the Port of Dunkirk. She succeeds Jean-Claude Terrier following a French transport ministry nomination that was backed by the port’s supervisory board in February and has now been confirmed by government decree. Her move marks a return to the headquarters city of CMA GGM, France’s biggest and the world’s third largest container carrier, where she worked from 1987-2011.

A&P Group, a UK commercial ship conversion and repair company now headquartered in Cardiff, moves into 2010 with a strong order book for projects ranging from defence to sustainable energy. A&P was taken over last July by the Cardiff-based Bailey Group, headed by property developer and entrepreneur Paul Bailey. He previously held a 50 per cent stake in A&P, which has moved to new corporate offices at Cardiff Gate. The shipping group, with UK sites at Tyne, Tees and Falmouth, has scored major successes this year, including a $88.3m Ministry of Defence contract and the refit and conversion of a medical ship – the largest single project of its kind in Royal Fleet Auxiliary history.

Hutchison Whampoa Ltd. rejected allegations made by a U.S. senator that it controlled both ends of the Panama Canal, saying it had no influence over the canal’s operation or shipping traffic. “What has been alleged about is totally untrue and unfounded,” said Nora Yong, spokeswoman for Hutchison Port Holdings. The Hong Kong-based company also denied the senator’s allegations it was connected to China’s military. Senate Majority Leader Trent Lott, a Mississippi Republican, last week released a letter sent Aug. 1 to U.S. Defense Secretary William Cohen complaining that Hutchison’s operation of container ports at each end of the canal was a security threat and a sign of China’s growing influence over the strategically important waterway.

Tensions surrounding the turnover of the Panama Canal from U.S. to Panamanian authority are running high. Last week, Hong Kong-based billionaire Li Ka-Shing said he had no intention of taking control of the Panama Canal, as suggested by some U.S. lawmakers. Li was responding for the first time personally to charges by U.S. Senate Majority leader Trent Lott (R-Miss) that his company, Hutchison Whampoa Ltd., could put a strangle-hold on the strategic waterway. "I have no intention to control the Panama Canal," Li said. The U.S. Senate Armed Services Committee is expected soon to discuss the right of a Hutchison subsidiary to run two container ports at the Atlantic and Pacific entrances of the canal.