Business news – Page 217
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Sarens' worldwide menu of heavy lifts
March 21 - In a bi-annual message to its heavy lift industry clients, Belgium-based heavy lift multi-purpose contractor Sarens Group has revealed the range of recent lifting operations it has been involved in as well its acquisition of a new Canadian memb
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Boskalis sees 2011 as a year of transition
March 18 - Dutch maritime services company, Royal Boskalis Westminster has announced a 36 percent increase in net profits for 2010 and cited the acquisition of Smit Internationale, an improved performance from its Dredging business and an exceptional gain
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Safmarine supports new Kakinada maritime and seafarer centre
March 15 - Safmarine recently celebrated the double opening of the Kakinada Maritime Community Centre and the ITF Seafarer Centre at Kakinada port. The centres aim to equip the local seafaring community with the necessary resources needed in the maritime
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Maximus Air Cargo seeks to strengthen African foothold
March 14 - With the first of its three new A300-600RF's set to join the fleet in the next few months, Maximus Air Cargo - the UAE's largest dedicated cargo aircraft operator - is setting its sights on Africa as a region that represents great opportunity f
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Steel cut for Fairstar's second newbuild
March 11 - Steel cutting for the second of Fairstar's newbuild 50,000 dwt open-stern semi-submersible vessels, Finesse has taken place, marked by a ceremony at the ASIC facility in Nantong, China attended by representatives of Det Norsk Veritas, Guangzhou
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SAL Schiffahrtskontor Altes Land puts Lone into service
March 11 - SAL Schiffahrtskontor Altes Land has put the newbuilding 'Lone' into service.
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Customs licence for Hellmann East Europe
March 11 - Hellmann East Europe has gained the Customs Representative Licence for Russia (previously known as the Customs Broker Licence) which enables the company to offer customs clearance services under its own private licence.
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Corpus Christi completes property sale to Canyon
March 10 - Further to our report on February 23, the Port Corpus Christi commissioners have approved a letter of intent with Canyon Supply & Logistics for the sale of its Ingleside Facility, formerly known as U.S. Naval Station Ingleside, for USD102.1 mil
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Intermediaries post positive results
March 10 - The HLPFI editorial inbox has been inundated with results statements from freight intermediaries which paint quite a positive picture.
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Tuscor Lloyds offers advice on Mexico
March 8 - Tuscor Lloyds gave a keynote presentation at a recent Mexico Matters seminar given by the UK Trade and Investment (UKTI) department, in a workshop which covered crossdock, distribution, warehousing and transport security and other related inform
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Union Railway issues first tenders for UAE railway
March 7 - In what could be a major fillip for the region's project cargo business, Union Railway, the main developer and operator of the national rail network in the UAE, has issued to pre-qualified companies, tenders for the rolling stock of the railway
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Wilhelmsen Ships Service acquires Eurokor Logistics
March 3 - Effective April 1, Wilhelmsen Ships Service has agreed to acquire Eurokor Logistics, a ships agency, logistics and forwarding company with operations in the Netherlands and Belgium.
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Kuehne + Nagel benefits from recovery
March 3 - The Kuehne + Nagel Group says that it benefitted from the recovery of world trade in its last financial year - 2010.
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Dockwise positions itself for offshore growth
ebruary 28 - Dockwise recorded adjusted 2010 full year revenues of USD439 million, down on 2009.
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Fairstar posts small net profit for 2010
February 28 - Fairstar Heavy Transport's audited financial statement for 2010 records a net profit after tax of USD228,000 and highlights the company's success in raising almost USD100 million that is being invested in two new open stern, semi-submersible
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Increased profits for Toll
February 25 - Toll Holdings, the Asia-based transport and logistics provider, recorded an 18 0ncrease in reported profits after tax to USD173 million and a 28% jump in revenue to USD4.2 billion for the six months ended 31 December 2010.
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Offshore supply vessels for Topaz
February 24 - Topaz Energy and Marine, an international oilfield services group, is set to acquire two offshore supply vessels in Brazil, for a total delivered price of USD40.4 million.
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Business is booming for Nooteboom
February 24 - Trailer manufacturer Nooteboom says it has experienced increased demand for its products since the fourth quarter of 2010 and is ramping up production of its semi and drawbar trailers.
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Panalpina acquires Norwegian forwarder Grieg Logistics
February 23 - Panalpina today announced it was acquiring Grieg Logistics, a Norwegian forwarder, subject to the approval of local competition authorities.
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PCN secures representation in Russia's biggest port
February 22 - ABL Novorossiysk has joined the the Project Cargo Network as its representative in Russia.