Business news – Page 164
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Venice going offshore
January 5 - The Venice Port Authority has taken another step forward with its innovative offshore-onshore port transfer system.
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Antwerp looks forward to record year
December 30 - The port of Antwerp is expected to handle a total of 198.8 million tonnes of freight by the end of 2014 - a year-on-year increase of 4.2 percent and a new record for the Belgian gateway.
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Give us a break, says Archard
December 30 - "Owners are due a break - but I don't think it will come in 2015," says Justin Archard managing director, Asia Pacific & Oceania at SAL Heavy Lift Singapore Pte Ltd.
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Containership scrapping is below forecast
December 30 - According to shipping research company, Alphaliner, containership scrapping will barely reach 400,000 teu in 2014, substantially short from the 500,000 teu forecast at the beginning of the year.
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Breakbulk Exhibitions sold
December 24 - AXIO Data Group (AXIO) has sold Breakbulk Exhibitions to ITE Group plc (ITE), the leading exhibitions group, for a maximum consideration of USD42 million.
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AAPA urges federal intervention in West Coast negotiations
December 23 - The American Association of Port Authorities (AAPA) has urged President Obama to assign federal mediators to help resolve ongoing contract negotiations between the International Longshore and Warehouse Union (ILWU) and the Pacific Maritime A
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Gefco enters Algerian market
December 23 - Gefco has expanded its North African network by setting up a subsidiary in Algeria.
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Congress strengthens support for Jones Act
December 18 - The United States Congress has enacted the strongest statement of support for the Jones Act and the American domestic maritime industry since the Merchant Maritime Act of 1936.
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Boskalis and Kotug merge towing activities
December 17 - Royal Boskalis Westminster (Boskalis) and Kotug International have signed a memorandum of understanding to merge their European harbour towage operations.
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Milwaukee sees record year for steel
December 16 - Workers at the Port of Milwaukee are busy unloading the final shipment of steel for 2014, culminating in one of the gateway's busiest seasons for steel in recent decades.
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RINA snaps up Hayes Stuart stake
December 15 - Italy's growing engineering, testing, marine services and ship classification group RINA has acquired a majority stake in Montreal-based marine survey company Hayes Stuart.
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Pacific Basin sells towage business
December 12 - Pacific Basin Shipping has sold PB Towage Australia to Smit Lamnalco, a 50-percent owned associate of Royal Boskalis Westminster.
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Final nail for Manston Airport?
December 12 - Manston Airport on the south coast of the UK looks set to close for good after Thanet district councilors voted against pursuing a compulsory purchase order for the gateway.
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DYT supports shark studies
December 12 - DYT Yacht Transport's semi-submersible vessel Yacht Express has shipped the 126 ft (38.4 m) research vessel Ocearch from Port Everglades to Brisbane in Australia.
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CTU Code takes leap forward, says FIATA
December 12 - The International Federation of Freight Forwarders Associations (FIATA) has welcomed steps taken by international trade associations to bring about the full adoption of the CTU Code.
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All over for Polet?
December 11 - It appears that Polet Airlines has suspended its passenger and cargo operations, following an ongoing case involving Moscow Arbitration Court.
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Logistics sector looks set for more M&As
December 10 - Transport Intelligence has said that the talks between DSV and UTi Worldwide which were revealed in the media last week show that there is an undiminished appetite for mergers and acquisitions in the global logistics industry.
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ABP again challenges ABLE project
December 9 - Associated British Ports (ABP) is once again challenging the development of the Able Marine Energy Park (AMEP) on the south bank of the Humber River.
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2015 - a year of shelved oil projects?
December 9 - The dramatic fall in the price of oil is causing major doubts about the viability of many oil and gas projects, says Rystad Energy.