Business news – Page 212
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Wilh Wilhelmsen reports huge improvements in 2011 results
February 15 - Wilh Wilhelmsen Holding ASA (WWH) delivered a 49 percent increase in earnings in 2011 while revenues improved by 21 percent. A strong rebound in the group's shipping segment drove the recovery.
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Govt award for Express Transport's Gandhi
February 14 - Nailesh Gandhi, director of Mumbai-based Express Transport Pvt. Ltd., is pictured receiving the WCO Certificate of Merit, conferred by Pranab Mukherjee, India's Finance Minister, on February 2.
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Safmarine name new ship in Savannah
February 13 - Shipping line, Safmarine held a naming ceremony in Savannah for its newest vessel, Safmarine Sahara.
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Harbour project receives additional funding
February 13 - The Savannah Harbor Expansion Project (SHEP) has received an additional USD 2.5 million in construction funding.
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Tiong Woon posts 36 percent jump in revenue
February 10 - Singapore-based Tiong Woon Corporation (TWC) has announced its results for its first half 2012, with a 36 percent increase in revenue from SGD54.7 million (USD43.4 million) to SGD74.6 million (USD59.3 million) for the six months ended 31 Dec
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Infrastructure UK boss to address Global Infrastructure Leadership Forum
February 8 - Leaders from many of the biggest infrastructure projects in the world, including the GBP50 billion Plan Nord project in Canada, the GBP16 billion UK Crossrail scheme, the GBP12 billion Rio/S
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ICS board meeting focuses on piracy and emissions
February 8 - The Board of Directors of the International Chamber of Shipping (ICS), whose member national shipowners' associations represent all sectors and trades and more than 80 percent of the world merchant fleet, met in London earlier his week.
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First for Demag Cranes in Bermuda
February 7 - A Gottwald HMK 170 Ewill be taking up commercial operations in the spring of 2012 at the port of Hamilton, the capital of Bermuda, where it will be handling containers and general cargo.
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Prangl expands telescope boom fleet
February 7 - Austrian crane and material handling hirer Prangl has acquired a further range of Liebherr mobile cranes with telescopic booms.
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Braemar Seascope asks is another demolition spike due?
February 3 - As the Baltic Dry Index plumbs all-time depths, those with long memories are recalling the dark days of the 1980s for the shipping markets, says Braemar Seascope.
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Liebherr looks back at 2011
February 2 - Significant orders for Mobile Harbour Cranes (MHC) in 2011 from emerging economies, as well as the market introduction of the new LHM 420 model, helped Liebherr-Werk Nenzing stabilise its bottom-line in what it describes as a "challenging" wo
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Discovery Air Innovations launches student competition
February 2 - Discovery Air Innovations (DAI), in collaboration with the Canadian Transportation Research Forum, has announced the first annual Hybrid Air Vehicle (HAV) student paper competition.
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Liebherr hits a century in Africa
January 31 - With the impending delivery in March of its one hundredth mobile harbour crane for the African continent, Liebherr is set to celebrate a major milestone.
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First 747-8 Freighter for AirBridgeCargo Airlines
January 30 - Boeing and AirBridgeCargo Airlines (ABC), part of Volga-Dnepr Group, have celebrated the delivery of the first of five new Boeing 747-8 Freighters to the airline.
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SC&RA 2012 annual conference announced
January 30 - The 2012 Annual Conference of the Specialized Carriers & Rigging Association (SC&RA), April 17-21, at the Hyatt Regency Lost Pines, Austin, Texas, USA, features a program that includes educational sessions, networking events and committee mee
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Saipem double for Fairstar
January 27 - Fairstar Heavy Transport has been awarded two contracts by Saipem to provide marine transportation services for the Golden Eagle Project in the North Sea. The total contract value is EUR11.99 million (USD15.7 million).
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SDV invests in FAST Overseas Group and FAST France
January 26 - After several years of cooperation, SDV International Logistics has taken a minority interest in the FAST Overseas Group, which has a presence in Lebanon, Syria, Jordan and Italy.
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Damen Shipyards receives three orders for five pontoons
January 26 - Damen Pontoons & Barges has signed three contracts for a total of five purpose-built Damen Stan Pontoons (SPo): two Damen Stan Pontoons 6511 for Mammoet Maritime (The Netherlands), two Stan Pontoons 8916 ICE for Silverburn Shipping (I.O.M.) L
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Oil and gas executives ready to spend as industry confidence rises
January 26 - Oil and gas industry leaders have forecast improved performance and higher levels of capital expenditure this year, despite concerns over global economic instability, according to a new report on the future of the sector.