Business news – Page 140
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Damen on the double
July 6 - Silverburn Shipping Group has taken delivery of two Damen Stan Pontoon 8916 ICE vessels.
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RAPID receives record column
July 5 - According to Petronas, the tallest and heaviest propylene fractionator process column for the steam cracker facility has arrived at the Refinery and Petrochemical Integrated Development (RAPID) project's Pengerang Integrated Complex (PIC) in Peng
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Loomis sells to Rhenus
July 4 - Rhenus Alpina has acquired the general cargo business of Sweden's Loomis Group, which includes the individual operating units of Mat Transport, Bonafide Logistic, Via Mat (France) and O.Lisboa Despachos Internacionais.
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Ti report predicts 'further consolidation'
July 1 - Transport Intelligence's (Ti) new Global Freight Forwarding 2016 report suggests that while the market is estimated to have contracted by 1.6 percent in 2015, forwarders' revenues were not hit as hard as you might think.
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Northern UK ports join forces
July 1 - PD Ports has signed an agreement with other major ports across the north of the UK, forming a collaboration to ensure its unified voice is heard by government to improve freight and transport links across the region.
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Hapag board approves UASC merger
June 29 - Hapag-Lloyd's supervisory board has approved the merger of the German container line with United Arab Shipping Company (UASC).
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MPV sector improvement 'some way off'
June 29 - According to the latest Multipurpose Shipping Market Review and Forecaster report published by Drewry, the demand outlook for the multipurpose fleet has not improved since the first quarter of 2016.
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Air Charter Service rebrands
June 29 - Air Charter Service (ACS) has unveiled a new logo - its first rebranding in over a decade.
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Freja strengthens project team
June 24 - Following investment in its project forwarding business in the past year and as a response to the increasing amount of jobs, FREJA Group has employed Kari Samuelsen Moldeklev as area sales manager.
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European transport infrastructure gets cash injection
June 21 - The European Commission has unveiled a list of 195 transport projects that will receive EUR6.7 billion (USD7.5 billion) of funding under the Connecting Europe Facility (CEF).
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Geodis targets oil and gas resupply
June 21 - International logistics provider Geodis is presently opening a new office in Aberdeen, UK, focusing on the oil and gas resupply business.
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'Small rise' in shipping confidence
June 21 - According to the latest Shipping Confidence Survey from Moore Stephens, overall confidence levels in the shipping industry rose slightly in the three months to May 2016.
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Siemens and Gamesa to merge
June 21 - Siemens has signed a binding agreement to merge its wind power business with Gamesa to create what it claims will become “a leading global wind power player”.
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K+N in European reshuffle
June 21 - With effect from October 1, Kuehne + Nagel is establishing two organisational units focusing on central and eastern Europe, and western Europe respectively.
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Scheuerle trailer in Alaskan haul
June 20 - Alaska West Express - part of the Lynden group of companies - acquired a Scheuerle trailer last year, which has recently played a key role in an Alaskan pipeline project.
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Grieg Star completes refinancing
June 17 - Grieg Star has completed a senior debt refinancing, involving extended maturities for the financing of 23 vessels in its fleet.
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ABC serves six in China
June 16 - AirBridgeCargo Airlines (ABC) has added its sixth destination in China with the launch of flights to Chongqing.
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Liebherr turnover growth continues
June 15 - Liebherr Group recorded a turnover of EUR9.2 billion (USD10.3 billion) in 2015, a 4.7 percent year-on-year increase.
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Kieldrecht Lock ready for business
June 15 - Grimaldi's vessel Grande Lagos has become the first ship to enter the new Kieldrecht Lock in Antwerp, Belgium.
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Chipolbrok celebrates 65 years
June 14 - The Chinese-Polish Joint Stock Shipping Company (Chipolbrok), which celebrates its 65th anniversary tomorrow, says that, in spite of the "ongoing shipping crisis since 2008, the latest mergers, cooperations and startups", the company has dealt w