Business news – Page 174
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Hamburg hails canal expansion
June 11 - The Port of Hamburg has welcomed news that the Budgetary Committee of the German Federal Parliament has allocated EUR265 million for the widening of the eastern section of the Kiel Canal.
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German owners form shipping pool
June 11 - BHS Pool Weser-Ems is a new joint venture founded by shipping companies Briese and Harren & Partner to create a shipping pool for heavy lift vessels.
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US west coast ports negotiate
June 9 - With the current contract set to expire on June 30, the Pacific Maritime Association and the International Longshore and Warehouse Union is negotiating a new contract with US West Coast ports.
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Crane Rental towers above
June 9 - Crane Rental Corporation is to take delivery of a Terex Peiner SK-415 electric tower crane, which will be put to work immediately in Florida where two of the company's existing tower cranes are participating in a 12-month-long project.
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Capital projects and contracts - June 6th 2014
Over the past seven days we have seen the International Energy Agency call for more than USD48 trillion of energy investment by 2035 to meet global demand; billions of dollars have been earmarked for infrastructure projects in Queensland and the Australia
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Liverpool: ACL's UK call for new ships
June 5 - Atlantic Container Line (ACL) has confirmed that the Port of Liverpool will remain as the UK port of call for its new five-strong fleet of the world's largest container/ro-ro ships (CONROs) after a review of potential schedules, market potential
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Capital projects and contracts - May 30th 2014
Here is a round up of this week's developments in the engineering, procurement and construction sector.
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Safmarine MPV enhances West African service
May 27 - Safmarine MPV has enhanced its Europe-West Africa service with the launch of ENERGY, a new dedicated shipping service that will provide the oil and gas industry with routes into West Africa.
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Bonnie rocks on with ASCO
May 26 - ASCO Group has continued its push into the Australian market after reaching agreement to become the majority shareholder in Bonnie Rock Transport - a specialist provider of oil and gas logistics support.
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Carriers must embrace change, says Coyne
May 23 - Larry Coyne, ceo of Coyne Airways, told delegates at the 10th annual meeting of the Air Cargo Club (ACC) that carriers must embrace change in order to survive in a new airfreight landscape defined by emerging global brands, modal shift and growin
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Capital projects and contracts - May 23rd 2014
This week we have seen Technip win a giant USD6.14 billion EPC deal for a LNG facility in Russia, a consortium including RWE Dea and Petrofac securing a USD976 million contact to build a gas processing plant in the Algerian Sahara, and Europe's largest bl
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Sad Song for Cargolux
May 23 - Cargolux Airlines International and Robert Song have mutually agreed to terminate his role as senior vice president, head of Asia & Pacific with immediate effect.
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Barnhart reaches new Hite
May 22 - Barnhart Crane & Rigging has reached a definitive agreement to purchase Hite Crane & Rigging based in Spokane, Washington.
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Adani in bumper Dhamra acquisition
May 20 - Adani Ports and Special Economic Zone - one of India's largest private port operators - has acquired Dhamra Port in Odisha in a deal worth approximately USD941 million.
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Air Partner bags two
May 20 - Air charter broker, Air Partner, has revealed that Mark Middleton has joined the group as director of business development for freight - Asia Pacific, based in Singapore. Middleton was previously commercial director at Chapman Freeborn.
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IMO approves container weighing verification requirement
May 20 - The IMO has confirmed that the Maritime Safety Committee (MSC) has approved draft amendments to Safety of Life at Sea (SOLAS) chapter VI to require mandatory verification of the gross mass of containers.
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Capital projects and contracts - May 16th 2014
Here is a round up of some the key developments in the engineering, procurement and construction (EPC) sector.
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BNSF Railway allocates USD1 billion to Northern Corridor
May 12 - BNSF Railway Corporation has started its USD1 billion investment plan to improve and extend rail capacity in US states along the Northern Corridor, which spans between the Pacific Northwest and Chicago.
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Manston Airport to close on May 15
May 12 - Manston Airport will shut its doors on May 15, 2014 explained the airport's owners, the Gloag Foundation.
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FPS expands network in Qatar
May 9 - The Famous Pacific Shipping (FPS) network agent for Dubai, Jebel Ali and Abu Dhabi - Reliance Freight Systems - has opened a new office in Doha, Qatar.