Business news – Page 159
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Pan Ocean profits double
May 1 - South Korean shipping line Pan Ocean has more than doubled its first quarter 2015 net profit.
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Flying start for Atlas Air
May 1 - For the three months ended March 31, 2015, Atlas Air Worldwide Holdings reported a net profit of USD29.23 million - up from USD11.3 million in Q1 2014.
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The Friday Flyer - May 1st 2015
Here's the latest round up of news concerning the lift, transport and installation of heavy and over-dimensional project cargoes, prepared for you by HLPFI.
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World's largest lock begins to fill
April 30 - The pumps have been switched on at the Deurganck dock lock, Port of Antwerp, and 1.5 million cu m of water is filling what will be the world's largest lock upon its completion in 2016.
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HumberPort promotes Northern powerhouse
April 30 - Speaking at the Multimodal 2015 conference and exhibition in Birmingham, UK, the HumberPort partnership stressed the important role that the River Humber can play in unlocking the potential of Northern England and the wider UK.
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Swiss first for Terex
April 28 - Crane service and heavy transport provider Welti-Furrer has taken delivery of the first two Terex Explorer 5800 cranes to be delivered to Switzerland.
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Eineder adds Terex capacity
April 23 - Ingolstadt, Germany-based Eineder Autodienst has added a new Terex Explorer 5800 all terrain crane to its fleet.
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Steady start for Panalpina
April 23 - Swiss forwarder and logistics services provider Panalpina had a steady to start to 2015, reporting a consolidated profit of CHF19.6 million (USD20.31 million) in the first quarter of the year, up 10 percent over 2014.
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Pasha's Horizon deal cleared
April 23 - The U.S. Department of Justice (DOJ) has cleared The Pasha Group's acquisition of the Hawaii trade-lane business of Horizon Lines, Inc. (Horizon).
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ACS flies through 2014
April 23 - Air Charter Service (ACS) reported growth across its commercial airliner, group travel and cargo, and private jet divisions during its 2014 financial year.
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Revenues and profits tumble at Air Partner
April 23 - Air Partner's results announcement for the year ended January 31, 2015, reveals a fall in revenue and profits for the global aviation charter specialist.
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Pan Ocean in new debt for equity swap
April 20 - Pan Ocean has revealed intentions to issue a new round of shares within its debt for equity swaps with creditors.
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AV Dawson inks new yard deal
April 17 - UK-based multimodal supply chain specialist AV Dawson has signed a strategic deal with Network Rail to take control of its neighbouring Middlesbrough goods yard.
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AAPA hails bipartisan trade legislation
April 17 - The American Association of Port Authorities (AAPA) has applauded introduction of The Bipartisan Congressional Trade Priorities and Accountability Act of 2015 (TPA-2015).
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Hamilton welcomes first vessel of year
April 13 - The vessel Pacific Huron, carrying a load of steel coils from Spain and Italy, has arrived at the Port of Hamilton's Federal Marine Terminals facility, marking the beginning of the Canadian gateway's 2015 shipping season.
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Moore Stephens in Chantrey Vellacott merger
April 10 - Mid-tier accountancy company Chantrey Vellacott DFK is to merge with Moore Stephens.
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Braemar in board reshuffle
April 9 - Braemar Shipping Services is making a number of changes to its board of directors, all of which become effective after the company's AGM on June 24, 2015.
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The Wednesday Wire - April 8th 2015
Your midweek round-up of news from the world of heavy lift and project forwarding.
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Lloyd Fonds falls at first hurdle
April 7 - Lloyd Fonds' plans to inject 11 single shipowning entities through a non-cash equity offer in which limited partners would receive shares in the company have initially been unsuccessful.