Business news – Page 162
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Nordana Sky makes a splash
February 24 - The first in a series of six multipurpose ecobox-design vessels - Nordana Sky - has been launched by the Ferus Smit Shipyard in Leer, Germany.
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Iraq gains power with CPP and NAWAH
February 23 - China Petroleum Pipeline (CPP) and North America Western Asia Holdings (NAWAH) have entered into an agreement to jointly pursue potential energy sector development projects in Iraq.
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Manston closure was a mistake, says BACA
February 23 - The Baltic Air Charter Association (BACA) has expressed its opinion that Manston Airport on the south coast of the UK should not have been allowed to close.
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South Carolina adds BBC link
February 19 - The South Carolina Ports Authority reported a seven percent year-on-year increase in non-containerised cargoes transiting its gateways in January 2015, just as it confirmed a new BBC Chartering service connecting Charleston and Asia.
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Biggest ship to date for AV Dawson
February 18 - AV Dawson has seen the largest ship to date visit the quayside of its North Sea Supply Base in Middlesbrough, UK, following a GBP3.2 million (USD4.91 million) investment in facilities there last year.
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Toll to get posted to Japan?
February 18 - Toll Holdings has entered into a Scheme Implementation Deed (SID) with Japan Post, under which it is proposed that Japan Post will acquire all of the Toll shares by way of a scheme of arrangement in a deal which could be worth over USD5 bill
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Volumes up at north German ports
February 17 - Germany's Seaports of Niedersachsen has reported that at the multiple locations and business units of the nine ports within its organisation, total volumes handled grew one percent in 2014 to 46.4 million tonnes.
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MPI establishes Middlesbrough base
February 18 - MPI Offshore signed a six-year lease with PD Ports to use Teesport Commerce Park in Middlesbrough as its UK base.
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Bureau Veritas wins LNG class contracts
February 17 - International classification society Bureau Veritas has been chosen by Seaspan Ferries to class two hybrid LNG/diesel/battery powered ro-ro cargo ferries.
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Explore private equity, says Moore Stephens
February 16 - International accountant and shipping adviser Moore Stephens says the time is right for shipping to seek financial backing from the private equity sector to help fund investment in innovative products and services designed to keep the indust
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NWSC sees volume slip
February 13 - North-Western Shipping Company's (NWSC) cargo volumes fell by 13 percent year-on-year in 2014 to 5.6 million tonnes.
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Katoen Natie opts for Liebherr quartet
February 10 - Katoen Natie has invested in three new Liebherr mobile harbour cranes - one LHM 550 and two LHM 600s - in the port of Antwerp, as well as reinforcing its operations in Radicatel, France with a new LHM 420 crane.
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New Terneuzen lock takes step forward
February 10 - Flemish minister Ben Weyts and Dutch minister Melanie Schultz van Haegen have signed a treaty between the Netherlands and Flanders for the construction of a new lock, which aims to improve access to the ports of Ghent and Terneuzen.
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Lloyd Fonds set to own ships
February 10 - Lloyd Fonds, the shipping and property funds manager, seems set to realign its business as a listed shipping company.
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School of thought for Davies Turner
February 9 - UK-based freight forwarder Davies Turner & Co has coordinated the delivery of an entire primary school from the UK to Abu Dhabi in the United Arab Emirates.
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Able breathes 'sigh of relief' at ABP step down
February 9 - Associated British Ports (ABP) has decided to abandon its attempts to challenge the government's approval of plans for the development of the Able Marine Energy Park on the south bank of the Humber.
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Obama's budget to benefit Manatee
February 6 - Port Manatee and its stakeholders look to benefit from full federal funding of a feasibility study related to the deepening of its channel and harbour area in President Obama's fiscal 2016 budget.
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PD Ports steels the deal
February 5 - PD Ports has signed a new seven-year deal with SSI UK for the handling of steel slab through Teesport in Middlesbrough, UK.
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The sky's the limit for Maximus Air
February 3 - Maximus Air posted a profit increase of 20 percent year-on-year in 2014, which company chairman Homaid Al Shemmari described as an "exceptional year" for the oversized cargo specialists.