Business news – Page 150

  • News

    TII Group enters India

    2015-12-08T00:00:00Z

    December 8 - Germany's TII Group has entered the Indian market after acquiring domestic trailer manufacturer Tratec and establishing an Indian subsidiary - TII India PvT. Ltd.

  • News

    Lufthansa and ANA expand agreement

    2015-12-02T00:00:00Z

    December 2 - One year after its original launch, Lufthansa Cargo and All Nippon Airways Cargo (ANA) are expanding their network joint venture between Europe and Japan by adding Fukuoka and Sapporo as destinations.

  • News

    Metro Ports seeks US Gulf growth

    2015-12-01T00:00:00Z

    December 1 - Brent Mahana has been named Metro Ports vice president - business development, with a special emphasis on growth in the US Gulf region.

  • News

    ALC in Cargo Service buy

    2015-11-27T00:00:00Z

    November 27 - Aarhus Logistics Centre (ALC) has signed an agreement to take over the activities of Cargo Service at the Danish Port of Aarhus.

  • News

    Cargolux approves extra pilots

    2015-11-27T00:00:00Z

    November 27 - Against a background of ongoing discussions with unions regarding a new collective work agreement (CWA), the Cargolux board of directors has agreed a significant expansion strategy for the airline.

  • News

    ASEAN-China agreement revised

    2015-11-26T00:00:00Z

    November 26 - The Association of Southeast Asian Nations (ASEAN) and China have signed an agreement to amend and update the ASEAN-China Free Trade Agreement (ACFTA).

  • News

    Steder goes ro-ro

    2015-11-24T00:00:00Z

    November 24 - Steder Group has transported a Hitachi EX1200 excavator from the customer's quay in the Netherlands to a terminal in Belgium for shipment by ro-ro vessel to South America.

  • News

    UGLYcargo launches marketplace

    2015-11-23T00:00:00Z

    November 23 - UGLYcargo has launched an online marketplace designed to assist shippers in finding an appropriate carrier at competitive prices and support carriers in maximising their load capacity.

  • News

    ProvPort plays offshore wind part

    2015-11-23T00:00:00Z

    November 23 - Deepwater Wind and General Electric (GE) are establishing a new temporary manufacturing facility at Rhode Island's Port of Providence (ProvPort), for the assembly of turbine components for the Block Island wind farm.

  • News

    Ship operating costs to rise

    2015-11-23T00:00:00Z

    November 23 - According to the latest Ship Operating Costs Annual Review and Forecast 2015/16 report published by Drewry, the cost of operating cargo ships is forecast to rise over the next two years after falling in 2015.

  • News

    Rickmers-Linie in 'positive turnaround'

    2015-11-20T00:00:00Z

    November 20 - Rickmers Group's heavy lift shipping subsidiary Rickmers-Linie recorded a 6.9 percent year-on-year drop in revenue for the first nine months of 2015, but a positive increase in EBITDA (consolidated operating profit before interest, taxes, de

  • News

    Nordana Sea to set sail

    2015-11-18T00:00:00Z

    November 18 - Nordana Sea - the third vessel in a series of six ships to be delivered to Symphony Shipping and subsequently chartered out to Nordana - will be launched by the Ferus Smit shipyard in Leer, Germany on December 11, 2015.

  • News

    Everett unveils new budget

    2015-11-18T00:00:00Z

    November 18 - The Port of Everett Commission has revealed a USD78 million operating and capital budget for 2016.

  • News

    States club together in terminal build

    2015-11-17T00:00:00Z

    November 17 - Georgia and South Carolina's port authorities have signed a joint venture agreement that provides the necessary framework for the two US states to work cooperatively towards the development of the Jasper Ocean Terminal (JOT).

  • News

    Townsville inks Indonesian tie-up

    2015-11-17T00:00:00Z

    November 17 - Australia's Port of Townsville has signed a memorandum of understanding (MoU) with the Indonesia Port Corporation (IPC) to strengthen trade and development opportunities between the respective countries.

  • News

    Boskalis outlook unchanged

    2015-11-16T00:00:00Z

    November 16 - Royal Boskalis Westminster (Boskalis) has posted "good" third quarter results, with quarterly revenue slightly exceeding the average quarterly revenue in the first of the year.

  • News

    Agility growth steady in 'soft' market

    2015-11-12T00:00:00Z

    November 12 - Agility posted a net profit of KWD13.7 million (USD45 million) for the third quarter of 2015, which represents a 5 percent increase compared with the same period of 2014.

  • News

    Subsea 7 downscaling plans succeed

    2015-11-12T00:00:00Z

    November 12 - Subsea 7 has disclosed a bigger fleet reduction plan with six of its ships being laid up in order to reduce the fleet in "subdued markets".

  • News

    New Orleans hits high

    2015-11-12T00:00:00Z

    November 12 - The Port of New Orleans has surpassed the half-million mark for twenty-foot equivalent units (teu) handled over a 12-month period.

  • News

    Alstom sells to GE

    2015-11-10T00:00:00Z

    November 10 - Alstom has closed the sale of its energy activities to General Electric (GE) for approximately EUR12.4 billion (USD13.25 billion).