Business news – Page 227
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No rest for Magdenli
April 23 - Cargo Equipment Experts' member in Turkey, Magdenli Transport and Trade Co, has been extremely busy recently moving heavy components for various power plant projects in Turkey.
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Modulift engineers a successful expansion
April 22 - In a time of financial uncertainty and with a decline in engineering orders, global engineering company Modulift is experiencing its busiest period ever, and as a result is expanding its production division, alongside developing new distributio
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Bellville Rodair takes to the water to move energy equipment
April 20 - Full service freight forwarder Bellville Rodair International has turned to Europe's inland waterway system to avoid the administrative delays and headaches associated with the road transport of alternative energy generating equipment.
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Wilhelmsen Ships Service takes full ownership of Japanese JV
April 20 - Wilhelmsen Ships Service has purchased the remaining 49 percent of Aall & Company's interest, and established complete 100 percent ownership in Wilhelmsen Aall Ships Service Pte Ltd, in Japan, absorbing what was previously a joint venture compa
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Humber ports' project cargo traffic gets lift thanks to Liebherr
April 20 - Two Liebherr A 944 c HD Litronic material-handling machines have been delivered to Associated British Ports' (ABP) Humber ports of Grimsby, Immingham, Hull and Goole.
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Combi-Lift finds encouragement in Brazil
April 19 - A flood of investment in the Brazilian energy sector has German heavylift carrier, Combi-Lift, eyeing long-term charter contracts for up to two of its Combi Dock I, II, III and IV, semi-submersible heavily vessels, writes Rainbow Nelson.
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IATA urges re-think of volcano measures
April 19 - The International Air Transport Association (IATA) has sharply criticised European governments for their lack of leadership in handling airspace restrictions in light of the Icelandic volcano eruption and urged a re-think of the decision-making
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AirBridgeCargo fleet grows with arrival of new Boeing 747-400s
April 16 - Less than two weeks after taking delivery of its fifth Boeing 747-400, AirBridgeCargo Airlines (ABC), the scheduled cargo subsidiary of Volga-Dnepr Group, has added a sixth B747-400ERF, increasing its total 747 fleet to nine.
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Vanguard invests in mobile crane
April 16 - In South Africa, Vanguard, in a joint venture with Grindrod and private investors, has invested ZAR70 million (USD9.5 million) on a new mobile cranes.
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All eyes turn to Antwerp for Breakbulk Europe
April 15 - The 5th Annual Breakbulk Europe Transportation Conference and Exhibition will take place in Antwerp from 18-20 May.
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Hamilton welcomes first overseas vessel in 2010 season
April 14 - Fednav's Federal Patroller was welcomed into the Port of Hamilton as the first overseas vessel for the 2010 navigation season.
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Actuant completes Integrated Solutions acquisitions
April 14 - Actuant Corporation has expanded its Enerpac Integrated Solutions capabilities with the acquisitions of Team Hydrotec and Hydrospex. The combined businesses generate approximately USD30 million in annual revenue.
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Agility posts rise in net profits in 2009
April 12 - Logistics major Agility posted an 11 percent increase in net profits over the course of last year, while revenues slipped by seven percent during the same period.
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Tuscor Lloyds opens for business in Rio Grande
April 9 - Tuscor Lloyds has added a Rio Grande office to its established network of offices and agents in Brazil, headed by Luiz Octavio Cavalcante.
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Shipping confidence hits fifteen-month high
April 9 - Overall confidence levels in the shipping industry have risen to their highest levels for fifteen months, according to the latest Shipping Confidence survey by Moore Stephens.
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Fifth 747-400F for AirBridgeCargo
April 8 - AirBridgeCargo Airlines (ABC) has added a fifth Boeing 747-400 freighter to its fleet to compensate for delivery delays of the Boeing 747-8 freighter.
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Expansion by Primax
April 8 - Brazilian project forwarder, Primax Transportes Pesados, is set to continue its expansion throughout Latin America with the opening of offices in Colombia, Mexico and Venezuela this year, reports Rainbow Nelson from the Intermodal exhibition in
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Boskalis completes acquisition of SMIT
April 7 - With more than 95 percent of shareholders having accepted the offer made by dredging company Royal Boskalis Westminster to acquire heavy lift shipping, tug and salvage company SMIT International, the merger of the two is now set to go ahead.
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Dockwise Ltd Seven up for Dockwise
April 7 - Dockwise has been awarded seven near-term contracts for the transportation of four jack-up rigs, jack-up construction vessels, supply boats and a floating crane barge, to be transported to Brazil, Egypt, the UAE, Singapore, The Netherlands, Iran