Business news – Page 224
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Berard uses 144 axle lines to move superstructures
August 6 - Louisiana-based heavylift transport company Berard Transportation utilised 144 axle lines in the recent move of two oil platform superstructures.
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Geodis Wilson in Atlanta facility expansion
August 6 - Global freight forwarder Geodis Wilson has expanded its operations in Atlanta, USA into a new, larger, state-of-the-art facility.
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Forwarders see revenues rise
August 5 - Expeditors International registered second quarter gross revenue growth of 67 percent and increased net sales by 27 percent.
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Advance International Transport co-ordinates multi-port freight shipment for Mitsubishi
August 5 - International project freight forwarder, Advance International Transport has successfully co-ordinated the shipment of oil industry project cargo from two countries for Mitsubishi Corporation destined for a vital Brazilian oil industry project.
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Abu Dhabi awards building works contract
July 30 - Abu Dhabi Ports Company has awarded of an AED 1.03 billion contract to a joint venture between ED Zublin AG and Al Jaber Transport & General Contracting for its flagship Khalifa Port & Industrial Zone (KPIZ) project.
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Air cargo demand rises by more than a quarter
July 28 - Air cargo demand jumped by more than a quarter in June compared with a year ago according to a monthly report from IATA, the International Air Transport Association.
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Logistics summit builds business bridges across Africa
July 27 - Recognising the potentiality for business growth and partnerships in Africa is the key theme of the annual African Logistics Summit from March 10-12, next year, at the International Conference Centre, Abuja, Nigeria.
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G'day as Aussie mining plant shipped to DRC
July 26 - An Australian gold processing plant purchased by Canadian mining company Banro for dismantling and reassembly in the Democratic Republic of the Congo (DRC) has begun arriving on site in the DRC.
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Baltic port investment for DB Schenker
July 26 - DB Schenker Rail Polska is investing approximately EUR22.5 million (USD29.1 million) in expanding its facilities at the Szczecin and Swinoujscie Baltic Sea ports.
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Wind Solution makes inaugural call at Harwich
July 26 - The accommodation ship, Wind Solution has docked at Harwich International Port on its maiden call.
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Dockwise sells Enterprise
July 23 - Dockwise has sold the so-called type-IV vessel, Enterprise to optimise the composition of the company's fleet with an increasing focus on premium cargoes.
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Beluga adds financial partner
July 22 - Beluga Shipping has taken onboard a strong partner, the American investment company Oaktree Capital Management LP (OCM) which will invest and provide financing for the project and heavy lift shipping company's strategic growth.
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Fairstar sees revenue fall ... but strengthens financial position
July 22 - Fairstar Heavy Transport NV (FAIR) has seen decline in top line revenue as well as earnings for the first six months of 2010.
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Donjon Towing enjoys bullish project business
July 21 - New Jersey-based tug boat operator Donjon Marine has reported a bullish period of recent marine transportation projects activity despite the economic troubles facing much of the shipping industry.
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Agility Expands Presence in Ho Chi Minh City, Vietnam
July 19 - In Vietnam, Agility, which claims strong capabilities in project logistics activities, has relocated to a new modern facility in Ho Chi Minh City located close to the Tan Son Nhat International Airport.
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Latest Drewry report published
July 16 - After a 19 percent drop in demand for multi-purpose vessels (MPVs) in 2009, owners and managers will experience uncertainty in 2010 but growth should start to pick up from next year, continuing steadily at least until 2014.
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BDP acquisition in Spain will handle project cargoes
July 12 - Whilst project cargoes are not the main competency of BDP International's recently acquired Spanish company Euromodal SA, Arnie Bornstein executive director - Marketing & Corporate Communications said that the company's project logistics arm wil
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Port Corpus Christi promotes controller
July 9 - Port Corpus Christi has promoted Dennis DeVries to director of finance, to replace Daniel Hodgkins, chief financial officer, who has retired, writes Alice Davidson.
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Toll Group on acquisition trail
July 9 - Integrated logistics company, Toll Group is continuing on the acquisition trial and is acquiring WT Sea Air Group (WT) and Genesis Forwarding Group (Genesis), writes Alice Davidson.