Business news – Page 131

  • News

    Shipowners' Club warns on charter parties

    2017-02-16T00:00:00Z

    February 16 - Mutual insurance association, The Shipowners' Club has issued advice for anyone planning to undertake a charter party with an unfamiliar entity and wants to ensure the charterer will pay their hire.

  • News

    Forwarders criticise protectionism

    2017-02-16T00:00:00Z

    February 16 - The International Federation of Freight Forwarders Associations (FIATA), the umbrella organisation for global freight forwarder associations, has commented on the value of free trade, trade facilitation, and trade development in the wake of

  • News

    Sarens handles huge bridge pylon

    2017-02-15T00:00:00Z

    February 15 - Sarens has transported and installed a 1,700-tonne pylon from Belgium to Sunderland, UK, for the New Wear Crossing bridge, which is scheduled to open in 2018.

  • News

    DSV invests in Immingham

    2017-02-15T00:00:00Z

    February 15 - DSV is expanding its presence in Immingham, UK, adding a 100,000 sq ft (9,290 sq m) logistics facility to its existing facility, which will be fully operational at the end of May.

  • News

    Egytrans forecasts wind growth

    2017-02-14T00:00:00Z

    February 14 - Egytrans expects further growth in the wind energy sector in Egypt, as it claims that wind turbine transportation is one of the most promising fields for the company.

  • News

    Two Grove cranes join Vernazza's fleet

    2017-02-14T00:00:00Z

    February 14 - Italy's Vernazza Autogru has added two new Grove all-terrain cranes to its fleet, a GMK5250L and a GMK6400.

  • News

    Consultant highlights bright spots for heavy lift

    2017-02-14T00:00:00Z

    February 14 - Douglas-Westwood (DW), a leading provider of market research and consulting services to the energy industry worldwide, has picked out offshore wind energy and decommissioning as two bright spots for the super-heavy lift shipping sector.

  • News

    Market challenges Tiong Woon

    2017-02-13T00:00:00Z

    February 13 - Tiong Woon Corporation reported a profit after income taxes of SGD3.43 million (USD2.42 million) for the first half of its current financial year, which ends on June 30, 2017.

  • News

    DSV's fourth quarter high

    2017-02-13T00:00:00Z

    February 13 - DSV has reported a net revenue increase of 39.8 percent in the fourth quarter of 2016, amounting to DKK17.6 billion (USD2.5 billion), which DSV claims is largely due to the acquisition of UTi Worldwide.

  • News

    Wilhelmsen figures on the up

    2017-02-13T00:00:00Z

    February 13 - In its fourth quarter 2016 results, Wilh. Wilhelmsen Holding (WWH) reported an increase in total income and operating profit when compared to the previous quarter.

  • News

    Rotterdam had a healthy and stable year

    2017-02-13T00:00:00Z

    February 13 - Throughput of freight in Rotterdam fell in 2016 by 1.1 percent to 461.2 million tonnes while the turnover of the Port of Rotterdam Authority remained stable at EUR675.4 million (USD718 million).

  • News

    Better prospects for dry bulk

    2017-02-10T00:00:00Z

    February 10 - Drewry's latest report on the dry bulk shipping market could be good news for those owning and operating multipurpose and heavy lift ships.

  • News

    Lambertsson Kran's innovative pairing

    2017-02-09T00:00:00Z

    February 9 - Lambertsson Kran is taking delivery of a Grove GMK4100L-1 and Samson K-100 synthetic rope, which the Swedish company will use together.

  • News

    Maersk's finances fall

    2017-02-09T00:00:00Z

    February 9 - A.P. Møller-Mærsk's annual report for 2016 reveals a net loss of USD1.9 billion compared to a USD925 million profit in 2015.

  • News

    Jaromin adds another Terex

    2017-02-09T00:00:00Z

    February 9 - Auto-Krandienst Jaromin, a crane rental company based in Oberhausen, Germany, has expanded its fleet with the acquisition of a Terex Explorer 5500 all terrain crane.

  • News

    Drewry launches credit research service

    2017-02-07T00:00:00Z

    February 7 - Drewry Financial Research Services, the investment research arm of shipping consultancy Drewry, is launching a credit research service for the global maritime sector.

  • News

    Pan Ocean back on track

    2017-02-07T00:00:00Z

    February 7 - Mandatory disclosures of financial results for the fourth quarter of 2016 and the full 2016 financial year on the Singapore Stock Exchange (SGX) indicate that shipping company Pan Ocean finished its 2016 financial year with a net profit of US

  • News

    First lift for Milwaukee crane

    2017-02-07T00:00:00Z

    February 7 - A 300-ton (272-tonne) capacity Manitowoc crawler crane has made its first lift at the Port of Milwaukee, USA.

  • News

    Worldwide slide for clean energy investment

    2017-02-03T00:00:00Z

    February 3 - According to a Bloomberg New Energy Finance (BNEF) report, new investment in clean energy worldwide fell by 18 percent last year to USD287.5 billion despite a record year for offshore wind finance.

  • News

    An ACE deal for OIA

    2017-02-02T00:00:00Z

    February 2 - OIA Global has acquired American Cargo Express (ACE), which it believes will help expand its North American logistics and supply chain services.