Business news – Page 197
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Liebherr continues on high level in Latin America
November 2 - The on-going economic development in Latin America is still driving the demand for advanced cargo handling equipment, says Europe based crane manufacturer Liebherr.
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The Friday Flyer
November 2 - And so, it's time for another edition of HLPFI's Friday Flyer, giving you a round-up of news from the last week, together with a few comments from the editorial team.
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Safmarine forum on sustainable solutions
November 1 - Shipping line Safmarine has successfully introduced a new forum aimed at assisting its customers in finding solutions to business-critical challenges.
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Dockwise opts to build Type 1 White Marlin
November 1 - Breda, the Netherlands based Dockwise subsidiary Fairstar Heavy Transport has commissioned a new USD150million Type 1 vessel to be named White Marlin. With delivery scheduled in the fourth quarter 2014, the newbuild's capacity and capabilitie
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Drewry counsels prudence
November 1 - Supply chain advisors Drewry says there has been remarkable turnaround in fortunes that has seen the shipping industry fight back from a huge first quarter loss to a tidy profit in the second quarter.
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Farcont opens project cargo department
October 30 - Earlier this year, in response to market demands and increased shipping volumes, Ukrainian forwarding company, Farcont Ltd, set up a separate department and profit centre for its project cargo activities.
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Vessel operating costs set to rise
October 29 - The costs involved in operating a vessel are expected to rise by 3 percent in both 2012 and 2013 according to a new survey by international accountant and shipping consultant Moore Stephens.
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Nautilus names new coo
October 25 - Wilmington, California, USA based Nautilus International Holding has Michael F Giove as its chief operating officer, effective October 29, 2012.
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Lombard takes over as ceo at Geodis
October 24 - SNCF Geodis, the department of the French rail company responsible for freight transportation and logistics, has named Marie-Christine Lombard as chief executive officer of Geodis, effective from today (October 24, 2012).
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P+S Werft workers offered transfer platform
October 23 - A transfer company is being set up for all 1,750 employees of insolvent German shipbuilder P+S Werften?by the State of Mecklenburg-Western Pomerania, representatives of the works council at P+S Werften, and IG Metall, the dominant metal worke
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AVIC nets Deltamarin
October 18 - AVIC International Investments has signed an agreement to acquire the majority of the shares in Finland based consultancy, ship design and marine engineering company Deltamarin.
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Port of Vancouver USA secures development grant
October 18 - The Port of Vancouver USA has securedUSD5.7 million in grant funding that will be used to develop 58 acres of the port's Centennial Industrial Park.
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Cuxhaven opens new heavy-duty berth
October 15 - Following a EUR65 million (USD839.8 million) investment, a second offshore port terminal has been opened in Cuxhaven, Germany.
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Damco acquires Pacific Network Global Logistics
October 12 - Damco is set to acquire PacNet, a leading freight forwarder in China and Australia, with almost 400 employees and a turnover of USD180 million in its last financial year (2011), as well as offices in Italy, India, the UK and the USA.
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The Friday Flyer
October 12 - With HLPFI staff returning from the Air Cargo Forum in Atlanta and Houston's Breakbulk America event, it's all hands now back on deck at the office. Tales of joint ventures, takeovers and mergers throughout the industry have dominated this we
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No immediate consolidation of liner shipping industry foreseen
October 11 - A recent Alphaliner report suggests that the liner shipping industry is unlikely to see much consolidation in the foreseeable future despite the carriers' present financial difficulties.
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Shipping boss ponders on industry prospects
October 11 - In a keynote address to delegates of the 2012 Breakbulk Americas conference at the George R. Brown Convention Center in Houston on October 10, 2012, Ron Widdows, CEO of Germany-based Rickmers-Linie, queried when there would be an economic pic
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Great Yarmouth targets offshore energy industry
October 10 - In the UK, the management of Great Yarmouth outer harbour say that it is taking steps to make it more attractive as a base for the offshore energy industry.
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Cardinal Maritime restructures ownership
October 10 - Manchester, UK-based freight logistics provider, Cardinal Maritime Group, has completed a deal with founder Brian Hay that has delivered control of the business to the management team.
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Teesport sees a million tonnes of SSI slab steel
October 10 - SSI UK has recently achieved a major milestone having exported over one million tonnes of steel slab through PD Ports-owned Teesport in the UK.