Business news – Page 209
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Dockwise presents mixed bag of results
November 14 - In its latest financial statement, Dockwise has reported third quarter profits slipped as a rise in revenue was not enough to offset increased costs.
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PCN members all set for London
November 10 - Over 85 senior managers from 46 countries will shortly be flying into London to attend the upcoming 1st PCN Annual Summit.
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Big questions over TBS International's future following announcement
November 10 - In its latest financial results, TBS International has reported that its equity in the eyes of its lenders has 'no value' leaving uncertainty over the company's future in light of its ongoing difficulties in complying with all financial cove
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Tiong Woon reports increased revenues but drop in profit
November 9 - For the first quarter 2011, ended 30 September 2011, Tiong Woon Corporation Holding Ltd (TWC) has recorded revenues of SGD36.0 million (USD28.1 million), up 25 percent from SGD28.8 million (USD21.8 million) from the previous corresponding qua
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Strategic alliance between Marmedsa Noatum Maritime and SLP in Bilbao
November 8 - Marmedsa Noatum Maritime and SLP have made an agreement whereby SLP will acquire 50 percent of Agemasa, the port of Bilbao's general cargo stevedore, whilst Marmedsa Noatum Maritime will acquire 24 percent of SLP, the port's bulk terminal.
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Dockwise to sell yacht transport arm
November 8 - Following last week's announcement of the granting of a grants waiver request by its lending syndicate, Dockwise Ltd has announced it has signed a letter of intent to sell its wholly-owned subsidiary, Dockwise Yacht Transport (DYT) to Coby En
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Fairstar agrees deal with banks and bondholders
November 8 - Fairstar Heavy Transport has signed a 'facility agreement' with DNB Nor, ING and HSH Nordbank.
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PCN names Indonesia member
November 7 - The Project Cargo Network (PCN) reports that its latest member is MI Logistic Indonesia, a leading freight forwarder and heavy lift specialist based in Jakarta, Indonesia.
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John Good Group launches The Matthew Good Foundation
November 7 - The John Good Group has launched The Matthew Good Foundation, a charitable trust in commemoration of former joint managing director, Matthew Good (pictured below), who passed away on earlier this year, aged 32, whilst running a UK half marath
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GPA sees growth despite uncertain economic times
November 4 - Heavy automobile and machinery throughput at ports in Brunswick and Savannah ports has helped the Georgia Ports Authority (GPA) enjoy a growth of five percent in Q1 of FY2012 to 6.5 million tonnes of cargo.
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Beer and wind powers Hamilton's traffic
November 4 - Canadian thirsts for alternative green energy production and a refreshing cold beer are drivers of growth in project cargo at the Port of Hamilton, Ontario.
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Tiong Woon seals two deals
November 2 - Tiong Woon Corporation Holding Ltd has signed contracts in Burma (Myanmar) and Malaysia to supply heavy equipment and marine transportation for oil and gas-related projects.
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Next stop Poznan for Bellville Rodair
November 2 - It's been quite a year for Bellville Rodair International (BRI), one which has seen the opening of four new offices already, with Poznan operational from today, and another slated to be up and running by the beginning of 2012.
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Tiaca warns of high cost of night flight bans
November 1 - The International Air Cargo Association (Tiaca) has warned that night-time flight bans at major airports will come at a high economic and environmental price.
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Fairstar wins Oando Energy Services contract
October 31 - Fairstar Heavy Transport has been awarded a contract by Oando Energy Services, a leading indigenous, energy and energy services company in Nigeria to transport the drilling rig Respect from Lagos, Nigeria to Galveston, USA.
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Bay Crane adds to fleet
October 31 - In the USA, Bay Crane has made some significant additions to its fleet, improving and expanding the existing equipment.
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Spain's largest port operator rebrands terminals
October 31 - Noatum, one of Spain's leading maritime terminal and port operations and services companies, has strengthened its corporate identity by rebranding many of the group's terminals and by integrating them under the global Noatum brand.
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Latin American demand lifts Liebherr mobile harbour crane sales
October 28 - Bullish demand from the Americas has seen sales for Liebherr mobile harbour cranes (MHC) double this year compared with 2010 asdemand for investment in cargo handling equipment remains unbroken, says the global manufacturer.
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Drewry forecasts container overcapacity to last few years
October 28 - Drewry's latest quarterly Container Forecaster emphasises that this year should have been much better for the industry. First half global demand growth was still running at an annual rate of percent and yet ocean carriers are losing money due