Business news – Page 161
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The Wednesday Wire - March 18th 2015
Your midweek round-up of news from the world of heavy lift and project forwarding.
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Port of Vancouver USA has 'historic year'
March 17 - Port of Vancouver USA ceo Todd Coleman says that 2014 was a "banner year" for the port, with the gateway experiencing its best year for revenue and tonnage in its 103-year history.
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Sohar looks to China
March 16 - Sohar Port and Freezone has said that it aims to capitalise on the economic slowdown in China by focusing on the opportunities being created in booming regional markets.
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Boskalis sets a record
March 13 - Royal Boskalis Westminster (Boskalis) achieved a record net profit of EUR490 million (USD521 million) in 2014, compared with EUR366 million (USD389 million) in 2013.
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2014: a 'challenging year' for Nurminen
March 13 - "On the whole, 2014 was a challenging year for the company owing to the unexpected crisis in Ukraine and the exceptional decrease in the price of oil," said Nurminen Logistics president and ceo Olli Pohjanvirta.
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Toll acquires ODT
March 12 - Toll Group has acquired mining and industrial services provider ODT Australis.
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The Friday Flyer - March 6th 2015
This week's round up of news from the world of heavy lift and project forwarding.
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2014 'as expected' for Panalpina
March 6 - Panalpina's net forwarding revenue in 2014 remained stable at CHF6.7 billion (USD6.86 billion), compared with CHF6.75 billion (USD6.91 billion) in 2013, while gross profit increased by 2 percent year-on-year to CHF1.58 billion (USD1.61 billion).
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Profits down at Port of Rotterdam
March 6 - While revenue at the Port of Rotterdam Authority grew by 3.1 percent year-on-year in 2014 due to increased economic activity at the port, profits fell by 49 percent owing to higher interest charges and depreciation.
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US Cargo Airship Caucus launched
March 6 - A Cargo Airship Caucus has been created in the US House of Representatives to encourage the development of these potentially revolutionary aircraft for military and civilian use.
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ALE and Aertssen hit Total milestone
March 6 - ALE and Aertssen Kranen have completed the installation of the main fractioner unit at the Total Refinery in Antwerp.
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K+N sees continuous improvements
March 6 - Kuehne + Nagel posted a net turnover of CHF17.5 billion (USD17.93 billion), a 1.9 percent increase compared with 2013, while its gross profit rose by 0.5 percent to CHF6.28 billion (USD6.43 billion).
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Kenfreight stars in Kinangop project
March 4 - Early in 2014, East African transport and logistics provider Kenfreight was awarded a project by Spanish company Iberdrola to transport 38 wind turbines for the Kinangop wind farm project, located about 160 km north of Nairobi near the Aberdares
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ACS ups German ops
March 3 - Air Charter Service (ACS) is expanding its German operation by moving to new premises in Frankfurt, and has plans to expand the team with an additional six personnel by October 2015.
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Lovemore Bros ups rigging capacity
March 3 - Lovemore Bros has invested ZAR3.85 million (USD325,988) in a new hydraulic gantry crane with a lifting capacity of 350 tonnes.
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Gruber cements deal with HW
March 2 - Gruber Logistics has taken over the logistics department of Cologne-based cement plant manufacturer Humboldt Wedag (HW), a subsidiary of KHD Humboldt Wedag International.
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Rickmers concludes refinancing
March 2 - Rickmers Group has successfully concluded the negotiations on the general reorganisation of existing bank loans with a total value of EUR1.28 billion (USD1.43 billion), with corresponding contracts signed with a group of principal banks.
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Martin delivers to Teichmann
February 27 - Teichmann Plant Hire has taken delivery of a custom-made RGN 55 removable gooseneck lowbed trailer with an HD 50 single-axle dolly from Martin Trailer Company.
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The Wednesday Wire - February 25th 2015
Your midweek round-up of news from the world of heavy lift and project forwarding.
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McAleese on track
February 25 - McAleese, the Australia-based specialised transport and logistics provider, has reported a AUD52.5 million (USD41.4 million) net profit after tax for the first half year ended December 31, 2014, which is a great improvement on last year's AU