Business news – Page 106
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NewsAll change, but no change at AP Møller - Mærsk
AP Møller - Mærsk (APMM) will maintain its Damco freight forwarding entity as a separate business under its own brand as part of a reorganisation that will see the Danish giant combine its ocean and supply chain offerings.
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NewsNew ship for Scotline
Multipurpose shipping operator Scotline has seen the launch of its latest newbuilding at the Royal Bodewes Shipyard in Groningen, the Netherlands.
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NewsMammoet signs Samsung contracts
Heavy lifting and engineered transport specialist Mammoet has signed two contracts with Samsung Engineering (Thailand) for petrochemical projects in Map Ta Phut, Rayong Province.
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NewsWW Solutions and Keen team up in Tacoma
Wallenius Wilhelmsen Solutions (WW Solutions) is to consolidate its facility at the US west coast port of Tacoma with that of Keen Transport, the trucking company that it acquired in December 2017.
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NewsProject Cargo Summit set to return in 2019
Having made its debut this year, the Project Cargo Summit is set to return to Rotterdam next year, as the organisers announce dates for 2019.
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NewsVolga-Dnepr will struggle without us, say charter brokers
Leading air charter firms have reacted coolly to Volga-Dnepr’s statement that it plans to discontinue its relationship with charter brokers, predicting that the move could backfire.
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Sulphur cap set to raise shipping costs
Maersk Line is to introduce a new bunker adjustment factor (BAF) surcharge ahead of the global sulphur cap on marine emissions which enters into force on January 1, 2020.
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NewsVolga-Dnepr cuts out brokers
Volga-Dnepr Airlines intends to discontinue its relationship with charter brokers and has decided to target direct sales instead.
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NewsLMA launches SOMWS
Lloyds Market Association (LMA) plans to launch the Society of Offshore Marine Warranty Surveyors (SOMWS) on September 18.
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NewsMund + Bruns renames in the USA
Houston-based Jaeckel Mund + Bruns has rebranded to correspond with its Bremen-headquartered parent company and will operate as Mund + Bruns.
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NewsISS Global Forwarding established in Dubai
The Investment Corporation of Dubai has established ISS Global Forwarding, a wholly-owned subsidiary focused on supply chain logistics.
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NewsKerry expands in Pakistan
Kerry Logistics Network has formed a subsidiary in Pakistan in order to extend its footprint in the region and tap into the increasing trade in South Asia.
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NewsBolloré Ports eyes La Rochelle terminal
Bolloré Ports La Rochelle has signed a terminal agreement to operate the future Chef de Baie 4 terminal with Atlantic Port La Rochelle, France.
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NewsBWS wins wind contract
Blue Water Shipping (BWS) has been awarded the logistics contract for the Stockyard Hill wind farm in Victoria, Australia.
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NewsMore infrastructure required for Arctic sailings
As the Northern Sea Route (NSR) becomes an increasingly attractive shipping lane, the International Union of Marine Insurance (IUMI) says more support is required to facilitate the provision of adequate insurance for Arctic sailings.
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NewsCenturion closes its doors
The US Department of Transportation (DOT) has revoked Miami-based Centurion Air Cargo’s air carrier operating certificate (AOC).
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NewsZeamarine gets the go ahead
The proposed joint venture between Zeaborn and Intermarine – Zeamarine – has received governmental and agency approvals.
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NewsSeaway awarded Triton contract
Seaway Heavy Lifting, part of the Subsea 7 Renewables and Heavy Lifting business unit, has been awarded a transport and installation contract for the Triton Knoll offshore wind farm.
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NewsSir Adrian Swire passes away
Sir Adrian Swire, former chairman of the Swire Group, passed away on August 24, aged 86.
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NewsStink bug regulations to take effect
The Australian Department of Agriculture and Water Resources (DAWR) and the Ministry for Primary Industries (MPI) of New Zealand have announced regulations for the upcoming Brown Marmorated Stink Bug (BMSB) season.