Business news – Page 201
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Panama Canal toll rises are unacceptable, say shipowners
May 28 - Plans to increase toll charges for the Panama Canal are 'rushed, excessive and likely to cause further problems for shipping companies' given the fragile state of economic recovery, say shipowners.
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Broekman and Rotterdam invest in project cargoes
May 25 - At this week's Breakbulk Europe event, the Port of Rotterdam Authority and the Broekman Group announced their intention to renovate and redesign the eastern section of the RDM site in the Waalhaven.
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Logwin celebrates 40 years in Asia
May 25 - Celebrating 40 years in Asia, Logwin says it has experienced strong growth and today is operational in almost 60 locations in eleven Asian countries.
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Cargolux takes fourth Boeing 747-8 freighter
May 25 - Cargolux has taken delivery of another Boeing 747-8 Freighter, and the fourth aircraft out of a total order of 13 has entered into service.
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Safmarine welcomes new WAFMAX vessel
May 22 - Safmarine Chachai, a new 4,500 teu, Safmarine-branded WAFMAX containership, was delivered to Safmarine yesterday.
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Five in line for Sietas Group companies
May 22 - Five concrete offers have been received for the companies of the Hamburg-based Sietas Group.
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Scholpp moves two production lines
May 22 - Scholpp Montage from Germany has relocated and installed two production lines to China.
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Fairstar describes Dockwise tactics as "hostile and nasty"
May 22 - Fairstar Heavy Transportation, which opposes a takeover by Dutch rival Dockwise, has revealed a new credit line worth USD247 million.
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Infrastructure performance helps Q1 for Agility
May 18 - Global forwarder Agility has revealed Q1 2012 results that show the logistics provider had a net profit of USD 25 million in the quarter.
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Business as usual, says Fairstar
May 17 - Facing a hostile and unwelcome takeover by heavy lift giant Dockwise, business at Fairstar might seem anything but usual.
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Port Corpus Christi names director of Engineering Services
May 17 - Port Corpus Christi has promoted David Krams to director of Engineering Services under the supervision of the deputy port director of Engineering, Finance and Administration.
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Fairstar rejects Dockwise offer of financial support as a 'poison pill'
May 16 - Fairstar Heavy Transport has rejected the unsolicited financial proposal received from Dockwise on Monday evening as being "of no interest to Fairstar", adding that whilst "Dockwise has attempted to characterise the offer of USD 30 million in 'su
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AV Dawson's quay to success
May 16 - Work is due to start on the second phase of the GBP10 million (USD15.9 million) development of AV Dawson's 60 acre site in Middlesbrough, UK, with the creation of a new deepwater quay.
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Dockwise launches offer for all issued and outstanding shares in Fairstar
May 15 - Dockwise Ltd has resolved to launch, through its wholly-owned subsidiary Dockwise White Marlin bv, an unconditional mandatory offer for all the issued and outstanding shares of Fairstar Heavy Transport nv at a price of NOK9.30 per Fairstar share.
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New crane expands lift capacity
May 15 - The UK's AV Dawson has strengthened its lifting capacity by investing in a new EUR2 million (USD2.57 million) mobile harbour crane.
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Gloves come off in Dockwise-Fairstar takeover saga
May 14 - Last Friday saw Fairstar Heavy Transport release copies of the most recent correspondence between itself and Dockwise in preparation for the former's AGM.
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MIQ Logistics awarded San Cristobal mining business
May 14 - US-based, MIQ Logistics has won a multi-year service agreement with Minera San Cristobal for logistics activities supporting mining operations in the province of Nor Lipez, Bolivia.
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Good first quarter for Wilh Wilhelmsen Holding
May 14 - Wilh. Wilhelmsen Holding ASA (WWH) has delivered top line and profit growth lifted by historically high total income and operating profit in the shipping segment.
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Dockwise approves rights issue to finance proposed acquisition of Fairstar
May 11 - The Dockwise-Fairstar saga has rumbled on this week, with Dockwise advising that the financing of its proposed acquisition of shares in Fairstar Heavy Transport nv through the issuance of common shares in a rights Issue to existing shareholders a
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Smit Marine Projects goes with Amarcon again
May 10 - Smit Marine Projects has ordered Amarcon's OCTOPUS-Onboard software for the Taklift 7, having already installed the system on the Taklift 4 in 2010.