Business news – Page 234
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M&M completes Central Asian coverage following Tajikistan opening
September 15 - Swiss project forwarder M&M Militzer & M
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Scan Project Italy established
September 7 - Scan-Trans Holding has established Scan Project Italy Srl.
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Heavy lift bonus for Panalpina
August 28 - High and heavy activities are not a core activity for global forwarder Panalpina's airfreight arm but at present the sector is proving a lifeline in the current economic misery faced by the global freight forwarding industry.
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Advance shows its bottle in Poland
August 28 - International freight forwarder, Advance International Transport, is working on a major project freight management contract on behalf of Mitsubishi Heavy Industries (MHI), shipping thousands of tonnes of machinery and material to support the c
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Record profits for Tiong Woon
August 28 - Singapore-based Tiong Woon, a leading, one-stop integrated services provider of infrastructure businesses for the oil and gas, petrochemical, power and construction industries, has announced record profits for its financial year ending 30 June
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BDP Project Logistics opens in Abu Dhabi
August 27 - BDP Project Logistics, a wholly owned subsidiary of BDP International based in Singapore, has opened an office in Abu Dhabi.
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Agility Norway adds air and oceanfreight services
August 25 - Agility is adding air and oceanfreight forwarding operations to the service portfolio offered by its branch in Norway.
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Brake hosts Lower Saxony ports day
August 24 - European policy for strengthening ports will be on the agenda of the 19th Lower Saxony ports day which will be held this year in the port of Brake on September 4th.
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Shipping Australia publishes breakbulk study
August 19 - Shipping Australia has released the results of a study which it believes is the first to be conducted in the break bulk shipping sector in Australia.
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Cargotec merges Hiab and Kalmar; renames business areas
August 18 - Following the recent merger of its Hiab and Kalmar business activities, Cargotec has formed two business areas: Marine, which comprises current MacGregor business area, and Industrial and Terminal, which comprises current Hiab and Kalmar busin
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Air Charter International eyes prospects of emerging markets
August 18 - Commenting on Boeing's recent World Air Cargo Forecast (WACF), Air Charter International has expressed its confidence that it is well-placed to capitalise on the projected tripling of world air cargo traffic over the next 20 years.
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Dockwise on course to meet expectations
August 17 - Dockwise has announced a 35 percent increase in second quarter net profit compared to the same time one year ago, recording a net profit of USD17 million for the quarter ending June against USD13 million over the same period a year ago.
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ASCO adds to European network with Dutch operation
August 12 - ASCO Group Limited (ASCO) has announced a joint venture with the Maritime Service Centre IJmond (MSCIJ) Group of Companies in Holland.
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Vestas factory closure threatens turbine shippers
August 12 - Carriers and project forwarders involved in the shipment of wind turbines may have been dealt a blow today with the news that Vestas Wind Systems is to close its blade factory on the Isle of Wight, UK.
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Rickmers-Linie establishes UK liner agency
August 11 - Hamburg-headquartered Rickmers-Linie GmbH & Cie KG, specialist in the transport of breakbulk, heavy lift and project cargoes, and Escombe Lambert Holdings Ltd have established a new liner agency company in the UK, Rickmers-Linie Agency Ltd.
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Russian forwarder sees wind power potential
August 10 - Russia could breathe new life into the country's project forwarding sector by investing in wind power technology, according to one local operator.
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Gottwald's going Poti
August 7 - The Black Sea port of Poti in Georgia has ordered two HMK 260 E mobile harbour cranes from Gottwald Port Technology GmbH (Gottwald).
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Unlucky 13 for falling airfreight demand
August 6 - Maindeck and bellyhold project airfreight suffered a double-digit fall year-on-year in June as the global economic crisis continues to hurt high and heavy project activity.
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Results show times are tough
August 6 - A raft of Q2 and H1 2009 results published in the last few days has demonstrated a very clear trend in the industry that has reflected the wider global picture: while all companies are down, US-based companies are more down than the rest.
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Fleet additions lift Fairstar Heavy Transport
August 5 - In its second quarter results, Fairstar has reported continued increases in revenue and profitability, and reduced debt.