Business news – Page 226
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Slowdown in US wind energy installations forecast
June 1 - A study from IHS Emerging Energy Research forecasts that 6.3 to 7.1 GW of wind energy installations could be installed in the USA in 2010, 40 to 60 percent lower than the 9.8 GW installed last year.
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Corpus Christi strengthens communications
May 28 - The Port of Corpus Christi has promoted Patricia Cardenas, formerly marketing and public affairs manager, to lead a newly created Communications Department as director of communications.
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Third new generation IL-76TD-90VD for Volga-Dnepr
May 27 - A third new generation IL-76TD-90VD freighter, built to order at the Tashkent Chkalov Aviation Factory, has joined Volga-Dnepr Airlines' fleet and successfully completed its first commercial flight on May 24th.
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Record attendance at Breakbulk Europe
May 27 - Having finally filed all the contacts made at last week's Breakbulk Europe 2010 conference and exhibition, it comes as no surprise to hear from the organisers that the event posted a record turnout of 3,300 attendees and 125 exhibitors, an increa
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Georgia's deepwater ports help state through recession
May 26 - According to Georgia Ports Authority (GPA) executive director Curtis J. Foltz, the results of a recent study confirm that Georgia's deepwater ports continue to be one of the state's strongest economic engines, fostering the development of virtual
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Alstom outlines plans for US wind turbine assembly facility
May 26 - Alstom has announced plans for the next phase of the company's entry into the North American wind power market.
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Intels Nigeria adds hybrid terminal truck
May 25 - Intels Nigeria Ltd has added a pluggable hybrid electric terminal tractor (PHETT) into its operations fleet at the Onne Oil and Gas Free Zone in Nigeria.
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Ramirent acquires Havator's access platform business
May 20 - Ramirent has acquired Havator Group's access platform operation and has signed a five-year rental and cooperation agreement with Havator in Finland, Sweden and Norway.
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Agility refocuses to combat profit decline
May 19 - According to chairman Tarek Sultan, Agility will increasingly focus on its Global Integrated Logistics (GIL) division in the face of declining profitability over the course of the next four quarters.
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CapMan to invest in Havator
May 17 - Finnish Institutional investor CapMan Buyout IX has taken a significant stake in the Havator Group, one of the Nordic region's leading suppliers of crane services, special transports, section assembly and harbour crane services.
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It's bonny in Scotland for Aberdeen
May 17 - Aberdeen Harbour enjoyed a healthy 2009, with a bullish second half that exceeded forecasts.
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Breakbulk Europe starts next week
May 14 - Has the progress in the recovery of the breakbulk and project sectors been significant enough to return the industry to sustainable levels of shipping?
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Vanguard crane rises to the occasion
May 14 - South African heavy lift and relocation specialist, Vanguard, has used its latest major capital investment - a GTK 1100 crane - to install a wind turbine as part of the first phase of the first commercial wind farm at Port Elizabeth.
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Advance powers marine engine shipments
May 12 - Advance International Transport is nearing the mid-way point of a significant contract to move engines to power eight 56,000 dwt multipurpose ships being constructed in Bulgaria.
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Lower profit for Tiong Woon in third quarter
May 11 - Tiong Woon Corporation Holding Ltd (TWC) has announced a net profit after tax and non-controlling interest of SGD9.6 million (USD 7.1) for the third quarter of its financial year ended 31 March 2010 - an increase of 35 percent over the SGD7.1 mil
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TBS sees improvements
May 10 - TBS International has seen a significant improvement to its results for the first quarter of 2010.
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Dollars to flow to Savannah Harbour improvements
May 7 - Funding has been approved by the Georgia General Assembly for the Savannah Harbor Expansion Project (SHEP), as well as significant infrastructure improvements, that will enhance access to the Port of Savannah and increase Georgia's role in global
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Figures turn red for Dockwise
May 6 - Dockwise had a very cautious start to the year and the company saw a 25 percent drop in operating income, leading to a loss for the first quarter.
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Latek Logistics welcomed to the Istanbul Stock Exchange
May 4 - One week after launching its IPO (initial public offering), Latek Logistics shares began trading on the Istanbul Stock Exchange.
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Hovertrans Solutions to debut hoverbarge next month
April 30 - Hovertrans Solutions, a newly-created designer and manufacturer of hoverbarges for heavy lift operations in difficult terrain in the global oil and gas, and specialist transportation industries, is to make its debut at the Offshore Technology C