APM Terminals has reached an agreement with Perez y Cia to acquire their majority stake in the Barcelona-based Grup Maritim TCB and its maritime services’ container terminal portfolio in Europe and Latin America.
Grup Maritim TCB has 11 container terminals with an annual throughput capacity of 4.3 million TEUs and an estimated annual container volume of 3.5 million TEUs. The transaction is expected to close by the end of the year and is subject to certain...
World's First Environmentally Friendly Fishing Vessel
The car industry is not the only one which is investing into environmentally friendly energy systems: Norwegian boat builder Selfa Arctic AS is now supplying the world's first electric fishing vessel.
Norwegian fishing company Øra AS has order the...
Will new name, warship permit save Bharati Shipyard?
The board of debt-laden Bharati Shipyard will discuss on Friday a name change to Bharati Defence and Infrastructure Ltd
What’s in a name? Potentially, greater breathing room.
The board of debt-laden Bharati Shipyard Ltd will discuss on Friday a name change to Bharati Defence and Infrastructure Ltd. The shipbuilder is also looking to raise money to complete pending ship...
Shipping Confidence Falls to Seven Year Low
Overall confidence levels in the shipping industry fell during the three months to May 2015 to a level equal to the lowest rating recorded in the past seven years, according to the latest Shipping Confidence Survey from international accountant and...
Induction is like any other form of cooking, it uses heat. Therefore the results of induction heating have the same effect on food. The induction cooktop creates an electro-magnetic field that causes the metal of the pan itself to get hot.
Safety & Cleanliness
An induction burner turned on to full heat is still cool to the touch. As it heats metal, cookware will become hot, but the burner itself creates no heat. This makes induction much safer than traditional ranges. COCINAS BURAGLIA induction ranges have automatic detectors that shut off the burner when there is no pan present (electronic pot recognition), when the pan is empty (overheating protection), or when foreign objects fall onto the surface of the range indicator.