Business news – Page 154
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Scheuerle delivers big to ALE
February 8 - ALE has taken delivery of 240 axle lines of Scheuerle's new generation of self-propelled modular transporters (SPMT).
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Konecranes to scale back
February 5 - Konecranes intends to initiate actions aimed at annual cost savings of EUR25 million (USD27.9 million) by the end of 2017.
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Crane sales slide at Manitowoc
February 3 - Manitowoc's cranes business has posted an 18.1 percent year-on-year decline in net sales for the fourth quarter of 2015.
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MIQ strengthens Latin presence
February 3 - MIQ Logistics has purchased assets in Miami, Florida based Alfa Logistics and Colombia's Kronos Logistics.
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Lake Charles prepares for boom
February 3 - The Port of Lake Charles has handled 220 components of a large Mammoet crane, which was shipped into the US gateway from Brazil on board BBC Chartering's heavy lift vessel BBC Fuji.
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Japanese carriers brace for tough 2016
February 2 - MOL has forecast a USD1.45 billion loss for its financial year ending March 31, 2016, as the Japanese line restructures its dry bulker and container shipping business areas.
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Atlas Breakbulk Alliance bags Pegg
February 2 - Atlas Logistics Network (ALN) has formed a separate organisation dedicated to the breakbulk and project cargo industry - the Atlas Breakbulk Alliance - which will be headed up by well known industry personality, Albert Pegg.
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Rickmers reconfirms positive forecast
February 1 - Despite persistently challenging market conditions, the Rickmers Group has reconfirmed its positive forecast for the 2015 financial year with regards to revenues and EBITDA.
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Pan Ocean profit slides
February 1 - South Korean shipowner Pan Ocean saw a 79.27 percent year-on-year decrease in its net profit for the fourth quarter of 2015.
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Pacific Forum in Polynesian merger
January 29 - Polynesian Shipping Line (PSL), which is owned by Neptune Pacific Line, has concluded an agreement to merge with Pacific Forum Line (PFL) with effect from January 31, 2016.
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Terex gets another offer
January 27 - Terex Corporation has received an unsolicited, non-binding acquisition proposal from Zoomlion Heavy Industry Science and Technology to acquire all of its outstanding shares, in what seems like an attempt to override the existing deal between
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Maxim goes for 13
January 26 - Maxim Crane has begun taking delivery of an additional 13 crawler cranes from Manitowoc, ranging in capacity from 400 to 825 tonnes.
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Faymonville takes another to America
January 25 - Faymonville has launched its TeleMAX - a flatdeck semi-trailer extendable to a maximum length of 210 ft (64 m) - for the North American market.
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ZPMC - Red Box gets Audax
January 25 - ZPMC - Red Box Energy Services has taken delivery of Audax, one of two 25,000 dwt PC-3 module carriers that the company is having built in China.
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DP World looks to Rwanda
January 25 - DP World has been granted a 25-year concession to develop and operate a new logistics centre in Kigali, Rwanda.
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Seaport alliance sees breakbulk slide
January 22 - Although the Northwest Seaport Alliance handled more than 3.5 million teu in 2015, a 4 percent year-on-year increase, its breakbulk cargo volumes fell by almost 8 percent.
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DSV completes UTi acquisition
January 22 - DSV's acquisition of UTi Worldwide has now been completed with the approval of UTi shareholders and competition authorities.
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RiverOak targets Manston reopening
January 22 - The UK's National Infrastructure Planning inspectorate has received an application from RiverOak Investment Corporation to reopen Manston Airport in Kent.
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Cargolux China approved
January 20 - The Cargolux board of directors has approved an investment of USD77 million for Cargolux China - a new joint venture Chinese cargo airline based in Zhengzhou.