Business news – Page 218
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Konecranes completes acquisition of WMI Cranes
February 21 - Following the October 2010 announement that it had entered into an agreement to acquire the Indian crane company WMI Cranes Ltd (WMI, Konecranes has now received the required regulatory approvals, and WMI will be consolidated into Konecranes
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Heavy cargoes boost Wilhelmsen results
February 17 - A substantial increase in volumes supported by a healthy balance between cars and high and heavy cargoes were key factors behind the solid rebound in Wilh. Wilhelmsen's operating profit and total income for 2010 compared with 2009.
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A. Soulis Enterprises invests in Liebherr crane
February 17 - A. Soulis Enterprises based in Larnaca is keen to grab a share of the growing wind farm installation business in Cyprus and has invested in a Liebherr LTM 11200-9.1, the world's most powerful telescopic crane.
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Rock-It Cargo expands logistics activities
February 15 - Rock-It Cargo's acquisition of certain assets of Core Logistics and B.E. Logistics will facilitate the movement of heavy cargoes for events such as music tours and film production, says the company.
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Saint Petersburg commits to investment
February 15 - In 2010, the Sea Port of Saint-Petersburg group of companies transferred over RUB1.1 billion (USD0.03 billion) for the implementation of port infrastructure development programmes.
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Could GE technology reduce heavy lift demand in wind farm construction?
February 14 - Last week's statement from GE that it has acquired new technology to help build taller wind turbine towers that produce more electricity could have an impact on heavy lift companies focusing on the installation work involved in wind farms.
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Beluga confirms anti-piracy guards to be deployed
February 11 - Following the terrible hijacking of its ship, Beluga Nomination, Beluga Shipping has confirmed that it is deploying private security guards aboard some of its ships off the Somali coast and rerouting other vessels.
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Antwerp and Essar sign memorandum
February 11 - Port of Antwerp International (PAI), a subsidiary of Antwerp Port Authority, has signed a Memorandum of Understanding (MoU) with Essar Ports in which the two parties declare their intention of collaborating as strategic partners in port deve
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Fairstar results highlight low utilisation in last quarter
February 10 - Fairstar Heavy Transport recorded a loss of USD2.7 million for the Fourth Quarter of 2010.
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Breakbulk Asia posts record attendance
February 7 - The organiser of the recent Breakbulk Asia event in Singapore has said that it will inaugurate Breakbulk China in Shanghai in early 2012, bringing the largest event in the heavy lift, project cargo and breakbulk maritime sector to the world's
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Container-Transport-Dienst enhances over-dimensional capabilities
February 4 - Hamburg-based Container-Transport-Dienst has added a four-axle heavy-load chassis to the three-axle telescopic chassis previously deployed for handling oversize and heavy cargoes.
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Georgia Ports Authority Selects Lynch as Chief Operating Officer
February 2 - Georgia Ports Authority's (GPA) has named Griffith Lynch as Chief Operating Officer, effective mid-March 2011.
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Panalpina will integrate long-time partner in Australia
February 2 - Panalpina will fully integrate its partner Apollo in Perth, Australia stating that the Apollo set-up ideally complements Panalpina's already existing office which focuses on industrial projects and the oil and gas business.
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Port Corpus Christi gains air permit for Las Brisas Energy Center project
January 27 - The Texas Commission on Environmental Quality (TCEQ) has approved an air permit for the proposed Las Brisas Energy project.
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Siem Kapital now full owner of Partner Shipping AS
January 27 - Earlier this month, Cayman Islands-based Siem Kapital has acquired full ownership of Norway-based Partner Shipping.
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Big lift helps Sembcorp towards greener future
January 25 - Sembcorp engineers and specialist heavy lifting contractors worked together to ensure the latest piece of green technology was safely lifted into place at Wilton Power Station.
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Mammoet takes full control of KR Wind
January 25 - Mammoet has taken full ownership of its KR Wind joint venture. The acquisition will increase Mammoet's increase its focus on offshore wind turbine construction internationally.
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Bryn Thomas Crane Hire back in business
January 25 - The directors of Bryn Thomas Crane Hire are back in business operating from associated companies Bryn Thomas Cranes Ltd and Bryn Thomas Holdings Ltd.
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GAC Nigeria ethical practices gain TRACE certification
January 20 - GAC Clearing & Forwarding (Nigeria) has been recognised for its commitment to strict ethical business practice by major international anti-bribery association, TRACE.
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Energy market powers CEVA expansion in West Africa and Central Asia
January 19 - Expansive growth in the energy sector has persuaded CEVA Logistics, a leading global supply chain management company, to increase its presence in West Africa and Central Asia, areas which will be managed under CEVA's Southern Europe, Middle E