Business news – Page 221
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News
Decline in heavy lift activity lowers Tiong Woon results
November 15 - Singapore-based Tiong Woon Corporation Holding has cited lower revenue contributions from its heavy lift and haulage, fabrication and engineering, marine transportation and trading segments as a factor in lower results for its 2010-2011 firs
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DHL develops centres of excellence network for oil and energy
November 14 - DHL has revealed its global strategy to boost its service offerings and infrastructure for the EUR260 billion (USD388 billion) global oil and energy logistics industry.
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SMIT hits EUR75 million
November 12 - SMIT's net profit for the period until 30 September 2009 amounts to EUR75.1 million (USD112.24 million).
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Bigger bollard pull for Fairmount Marine duo
November 11 - Fairmount Marine has announced increased bollard pull capacities for two of its tugs, Fairmount Sherpa and Fairmount Summit.
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Yet another conference planned
November 11 - The news that Lloyd's List DCN has scheduled a breakbulk and project cargo conference between May 16 - 17th in Perth, leaves us wondering just how many of these events this industry can sustain.
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Wilh. Wilhelmsen Q3 results boosted by cargo mix and efficiencies
November 10 - Shipping group Wilh. Wilhelmsen (WW) has recorded a significant increase in operating profit and total income for Q3 2010 and credits "an improved cargo mix and operational efficiencies" as key drivers behind the solid results, says the grou
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Mammoet makes strategic investment to provide testing location
November 9 - Mammoet Benelux has acquired an eight hectare undeveloped harbour site at Autrichehaven in Westdorpe, near Terneuzen, with the intention of developing a third multi-purpose terminal in the Netherlands.
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Dockwise new ship to cater for cargoes of 100,000 tonnes
November 8 - Subject to approval by a Special General Meeting of shareholders to authorise the proposed USD100 million rights issue to part-finance the investment, Dockwise Ltd has announced its intention to commission a newbuild vessel to serve the emerg
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Panalpina resolves Foreign Corrupt Practices Act cases with U.S. authorities
November 5 - Panalpina has announced the final resolution of claims against it arising from an investigation by the U.S. Department of Justice (DOJ) and U.S. Securities and Exchange Commission (SEC) for violations of the U.S. Foreign Corrupt Practices Act
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FIATA to present forwarders' perspective at TIACA's Air Cargo Forum
September 3 - The International Federation of Freight Forwarders Associations (FIATA) has accepted an invitation from The International Air Cargo Association (TIACA) to give a forwarders' perspective on logistics and supply chain issues at TIACA's 25th In
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Heavy lift and project cargo ports bring fresh air to the industry
November 3 - In January 2011, under the auspices of the International Association of Ports and Harbors (IAPH), the World Ports Climate Initiative (WPCI) will introduce the Environmental Ship Index (ESI), an international standard for calculating emissions
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Konecranes expands Moroccan company
November 2 - Konecranes has acquired 100 percent of the shares in port crane service and modernisation company Techniplus S.A.R.L. in Morocco which has 120 employees and net sales of EUR7 million (2009) (USD9.7 million). The value of the acquisition has n
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Braemar Marine merger into Braemar Falconer
November 2 - Braemar Shipping Services plc announced yesterday the merger of subsidiary Braemar Marine into the existing survey and risk control operations of Braemar Falconer.
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All eyes on Amsterdam for air cargo show
November 2 - Billed as the world's biggest international air cargo exhibition, Amsterdam will be hosting the 25th International Air Cargo Forum & Exposition (ACF) starting today and organised every other year by The International Air Cargo Association (TI
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Taking project forwarding acumen to a higher level
November 1 - Project cargo training designed to fast track skills that otherwise could take many years to acquire and aimed at "rising stars" in companies who want to strengthen team working in the heavy lift project forwarding sector, was held as part of
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UK forwarders warn against knee-jerk reaction to air cargo security
November 1 - The British International Freight Association (BIFA), the trade association for UK freight forwarders and other cargo interests, says that whilst the UK Government is likely to review all aspects of air cargo security following the incident a
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Hyster ReachStackers to lift the new wind power generation
October 29 - Heavy lift company Weldex has introduced Hyster ReachStackers for the handling of wind farm components at the Port of Mostyn in North Wales.
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Bigge delivers the power at the new Antelope generating station
October 29 - Bigge Crane and Rigging is helping construct a new gas-fired power plant just outside of Lubbock in the USA.
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Eco Plus rail option helps to green the supply chain
October 26 - A German company is on track to reduce CO2 output having switched to Deutsche Bahn's (DB) Eco Plus service.
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Great news for Beluga as vessel freed
October 25 - Just one day after being captured and seized by pirates in the Indian Ocean, Beluga Fortune and her crew of 16 are free again with no ransom payment.