Business news – Page 151
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CP Ships' Ray Miles dies
November 9 - Raymond R Miles, who during his 43-year international transport career helped steer the course of container shipping as it evolved through its second generation, died on Friday November 6, 2015 after a brief illness. He was 71.
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ZPMC-Red Box sees second ship
November 6 - Red Box Energy Services has seen the launch of its second 25,000 dwt PC-3 Polar Class Module Carrier, Pugnax from the drydock of the Guangzhou Shipyard (GSI) in Longxue, China.
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Safety a major concern at WCTS
November 5 - Over 270 delegates attended the two-day World Crane & Transport Summit (WCTS) at the NH Grand Krasnapolsky Hotel in Amsterdam, the Netherlands.
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Nurminen forecasts further struggles
November 4 - Helsinki headquartered Nurminen Logistics has updated its financial outlook for 2015, forecasting a decline in net sales and operating results.
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Tiong Woon issues profit warning
November 4 - Singapore headquartered Tiong Woon Corporation has issued a profit warning for the quarter ending September 30, 2015.
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Boeing predicts Middle East demand
November 4 - Boeing forecasts that Middle Eastern carriers will require 3,180 new aircraft over the next two decades, valued at an estimated USD730 billion.
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Famous five for Liverpool
November 3 - Zhen Hua 23, Shanghai Zhenhua Heavy Industries' (ZPMC) giant semi-submersible has made a spectacular delivery of five ship-to-shore megamax quayside cranes for the new Liverpool2 container terminal.
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Reachstackers take river route
November 3 - Two new reachstackers for the Southern Terminal of the Port of Strasbourg have been delivered.
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Money pumped into US transport projects
November 2 - The U.S. Department of Transportation (DOT) has confirmed that it will provide USD500 million for 39 transportation projects in the country, from its TIGER (Transportation Investment Generating Economic Recovery) programme.
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GAC delivers boats for refugee rescue
November 2 - GAC has coordinated the delivery of two, 12 m, high-speed boats to Greece on behalf of the not-for-profit NGO, the Swedish Sea Rescue Society (SSRS).
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Modulift in trunnion launch
November 2 - Modulift has launched its new modular trunnion spreader beam, which it says will ease the attachment of slings when rigging heavy lifts.
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Big B adds Terex lift
October 29 - Texas headquartered Big B Crane & Rigging has purchased a new 285-ton (260-tonne) lift capacity Terex HC 285 lattice boom crawler crane - the highest capacity crane in its fleet and the first of its kind operating in the USA.
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Panalpina names Energy Services head
October 27 - Effective January 1, 2016, Michel Dubois will become global head of Energy Solutions at Panalpina, replacing Hans Toggweiler.
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Antwerp explores Iran
October 27 - A delegation of petrochemical and shipping experts from the port of Antwerp has visited Iran to meet various ministries, petrochemical organisations and private companies to seek ways to re-open the doors of Iran for the Antwerp port communit
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AAL opens in Dubai
October 26 - Multipurpose shipping line AAL has opened a new office in Dubai, trading as AAL Middle East.
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AAPA cheered by transport bill
October 23 - The American Association of Port Authorities (AAPA) is encouraged to see new freight provisions contained in the Surface Transportation Reauthorization & Reform Act of 2015 (STRR), which was introduced and approved this week.
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Terex income down in 'challenging' market
October 22 - Terex Corporation posted an income from continuing operations of USD44.8 million for the third quarter of 2015, compared with USD58.7 million in the same period of 2014.
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GPA outlines port upgrades
October 22 - Georgia Ports Authority's (GPA) executive director, Curtis Foltz, has outlined an ambitious ten-year plan to enhance its Brunswick Terminal on the US Eastern Seaboard.
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ALE inks Santos contract
October 22 - ALE has been awarded a heavy haulage contract by Santos Queensland Upstream Developments for the Santos GLNG project in Australia.