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Turbochargers News

 

ABB Intends to Spin Off Its Turbocharging Business

Jul 21, 2022

ABB announced its intention to spin off Accelleron (formerly ABB Turbocharging) turbocharging division, by way of a dividend in kind of Accelleron Industries Ltd’s shares to ABB’s shareholders. Accelleron’s listing on SIX Swiss Exchange in Zurich is planned for October 3, 2022, and is subject to, among others, approval by ABB’s shareholders at an Extraordinary General Meeting scheduled for September 7…

Logistics News

Baltic Index Hits Third Weekly Loss As Capesize Rates Remain Weak

Baltic Index Hits Third Weekly Loss As Capesize Rates Remain Weak

European Wheat Falls Alongside Shifts in the Euro, Russian Exports

European Wheat Falls Alongside Shifts in the Euro, Russian Exports

Oil Supertanker Rates Drop After Record Highs

Oil Supertanker Rates Drop After Record Highs

DP World Busan Deploys Electric Yard Tractors

DP World Busan Deploys Electric Yard Tractors

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