Business news – Page 232
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Funding in place for Smit acquisition, says Boskalis
December 17 - Royal Boskalis Westminster has announced that financing of its intended public offer of EUR60 per share (cum dividend) for Smit Internationale is now in place.
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Nordic Heavy Lift sheds contracts for Borealis construction
December 17 - Rotterdam-based Nordic Heavy Lift (NHL) has sold the construction contracts for the heavy lift crane ship Borealis to a subsidiary of London-based Acergy Group, the seabed-to-surface engineering and construction contractor to the offshore oi
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Inmarsat activates 5,000th Fleetbroadband terminal
December 16 - Inmarsat (LSE: ISAT), a provider of global mobile satellite communications services, has activated the 5,000th FleetBroadband terminal.
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Project cargo forwarding requires new solutions for air lift
December 10 - Project cargo forwarding has been on a roll in the last few years, but for those forwarders that rely on air freight movements, there are a number of challenges on the horizon that may very well impact on their business model within the next
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Boskalis - Smit merger on track
December 9 - Royal Boskalis Westminster in The Netherlands says good progress is being made in preparation for the merger of the company with Smit Internationale NV (Smit).
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Nordana on the move in Spain
December 4 - From January 1, 2010, Nordana will shift its Spanish operations from Valencia port to Sagunto port.
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Production of AN-124 will not resume just yet
December 4 - Recent reports in the Russian media which indicated that production is about to resume on the AN-124 freighter aircraft (as reported on this website on December 2nd) have been put into perspective by a statement from Volga-Dnepr.
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Production set to restart on AN-124
December 2 - Reports in the Russian media indicate that after three years of planning, production will resume on the AN-124 cargo aircraft.
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NEPA launches 'one-stop shop' for shipowners and investors
December 1 - NEPA Projects and Investments is offering shipowners an integrated solution including managing their investments, ownership representation, commercial management, arranging technical management, dry docking supervision, newbuilding and conver
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AirBridgeCargo Airlines adds another Boeing 747-400ERF
November 30 - AirBridgeCargo Airlines (ABC), the scheduled cargo subsidiary of the Volga-Dnepr Group has added another Boeing 747-400ER Freighter to its current fleet.
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Breakbulk Asia sets out to charting the recovery
November 26 - The 2nd Annual Breakbulk Asia Conference & Exhibition, a large and important gathering for companies involved in the shipping of heavy lift, project cargo and traditional breakbulk will convene under the banner 'Charting the Recovery'.
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ALS moves tunnel borer from Canada To Argentina
November 24 - Abnormal Load Services (International) Ltd (ALS) has completed the delivery of an ME310SE Series 24500 tunnel boring machine (TBM), plus back up system from Canada to Argentina on behalf of LOVAT Inc, Canada - a wholly owned division of Cate
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TIACA takes international event to Incheon in 2014
November 24 - Incheon International Airport, the world's second largest international cargo airport and home base of Korean Air, the world's biggest cargo airline has been chosen to host The International Air Cargo Association's (TIACA) International Air
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US seaports braced for Panama Canal expansion impact
November 20 - Considered to be one of the most important and game changing public works projects of the century, completion of a third set of Panama Canal ship locks in 2014 will provide many of the world's largest vessels a crucial "intercontinental shor
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Prices to rise at Houston
November 19 - From January 1, 2010, tariffs at the Port of Houston will increase; three percent for container cargo and two percent for general cargo to help offset an expected eight percent increase in operating costs.
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Lack of infrastructure threatens Lekki port project
November 18 - The Nigerian media is reporting that the promoters of the proposed N1.2 trillion (USD8 billion) Lekki port are urging the federal and state governments to help in the provision of basic infrastructure that would make their huge investment in
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Boskalis and Smit announce merger
November 12 - Royal Boskalis Westminster nv (Boskalis) and Smit Internationale nv (Smit) have reached agreement on a full merger of the two companies, whereby all the activities of Smit will be continued in the combined company (the Group).
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Singapore hosts project cargo training course
November 10 - Singapore's reputation as one of the busiest transportation hubs in the world and its strategic location makes it an ideal venue for an international training course designed to fast track skills in project cargo management.
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Multitrade Spain supports public transport investments
November 9 - Barcelona-based project cargo forwarder Multitrade Spain, a member of the Cargo Equipment Experts (CEE) network, has been involved in a range of heavy lift movements associated with passenger infrastructure projects in North Africa and South