Business news – Page 166
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HHLA on the up
November 14 - Hamburger Hafen und Logistik (HHLA) increased its revenue by 6 percent to EUR906.7 million (USD1.13 billion) during the first nine months of 2014.
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K+N expands Australian footprint
November 14 - Kuehne + Nagel has opened its new logistics centre in Greater Sydney to meet a growing demand for end-to-end logistics solutions in Australia.
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Deep Sea Mooring weathers the Storm
November 13 - StormGeo and Deep Sea Mooring have signed an agreement to provide notifications of weather-related movements of floating offshore units and vessels undertaking complex marine operations.
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Agility sees strong third quarter
November 13 - Global forwarder Agility saw Q3 2014 revenues increase 3 percent year-on-year over the same period of 2013 to KWD337.09 million (USD1.16 billion), contributing to a net profit of KWD13.04 million (USD44.8 million) - up 8 percent.
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Ukraine crisis hits Nurminen
November 11 - Despite ongoing challenging market conditions, Nurminen Logistics continued to implement efficiency measures in the third quarter of 2014 to improve the company's cost structure.
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McAleese invests in Heavy Haulage Australia
November 11 - McAleese Group has agreed to pay USD3 million for a 50 percent equity investment in Heavy Haulage Australia (HHA), with an option to acquire the remaining 50 percent in two to five years.
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Update: ALP in Harms' way?
November 10 - ALP Maritime Services has entered into a purchase agreement to purchase six anchor handling tugs, which are currently managed and operated by Harms Bergung Transport & Heavylift.
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Joint project debut for Aertssen and ALE
November 7 - Aertssen and ALE have been awarded their inaugural contract as a joint venture, which will see the two companies work for Tecnicas Reunidas on the OPTARA project at the Total refinery in Antwerp.
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Poulsen joins forces with HBC
November 6 - Danish company J. Poulsen Shipping has joined forces with the HBC Group based in Singapore and Hamburg.
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FSG ceo steps down
November 6 - After 18 years working for Flensburger Shiffbau-Gesellschaft (FSG), Peter Sierk has stepped down from his position as ceo of the yard.
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Topline wraps up properly
November 5 - Topline Express Logistics has recently handled two projects that were packed or re-packed by the company to save logistical costs.
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Swire inks deal with Everett
November 5 - Swire Shipping's West Coast North America (WCNA) service will add a monthly, direct call linking the Port of Everett with Australia, New Zealand and the Pacific Islands.
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European study into the Aeroscraft
November 3 - Members of the European Consortium of Aeroscraft Operations (ECAO) have signed a memorandum of understanding (MoU) defining an independent study concerning the Aeroscraft.
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Growth strategy at Port of Sheerness
October 31 - Peel Ports has announced a 20-year strategy for growth at the Port of Sheerness as part of a Master Plan which details options for expansion on the port estate.
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Infrastructure vital for SOHAR's success
October 31 - SOHAR executive commercial manager Edwin Lammers has emphasised the importance of pressing forward with national infrastructure projects that will allow the port to offer better connectivity across the GCC region.
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Rotterdam on a high
October 30 - The Port of Rotterdam has seen a surge in ro-ro and general cargo throughput during 2014.
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Malaysia eyes ABP stake
October 28 - GS Infrastructure Partners and Infracapital Partners have commenced a process that could lead to the sale of their 33.3 percent stake in the UK's largest port operator - Associated British Ports (ABP).
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Able gets energy park go-ahead
October 27 - Despite petitions made by Associated British Ports (ABP) against the development, a Joint Parliamentary Committee has cleared the way for the multi-million pound Able Marine Energy Park (AMEP) on the south bank of the Humber.