Business news – Page 235
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Dockwise Yacht Transport to join forces with Yacht Path International
July 30 - Dockwise's wholly owned subsidiary Dockwise Yacht Transport (DYT) is to merge with Yacht Path International Inc to create a new force in premium yacht transport.
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Terex finalises Fantuzzi deal.
July 29 - Terex Corporation has completed the acquisition of the port equipment businesses of Fantuzzi Industries and Noell Crane for around Euros 155 million.
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New shareholders for EUROPORTS
July 29 - Luxembourg-based port operator EUROPORTS has two new shareholders.
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CH2M HILL VP to deliver key Breakbulk conference address
July 29 - John F. Mika, senior vice president Procurement at CH2M HILL, will deliver the keynote speech at the 20th Annual Breakbulk Transportation Conference and Exhibition which will take place between October 13th and 15th at the Ernest N. Morial Conve
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SAL commissions two heavy lift vessels
July 27 - SAL - Schiffahrtskontor Altes Land, has placed an Euros 120 million order with the Sietas shipyard for the construction of two heavy lift vessels to be built in the Hamburg Neuenfelde shipyard.
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20th Annual Breakbulk USA Transportation Conference and Exhibition
July 23 - All Eyes are now focused on New Orleans, as the 20th Annual Breakbulk Transportation Conference & Exhibition will return from October 13th to 15th 2009 at the Ernest M. Morial Convention Center.
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Russia to resume production of world's largest airplane
July 23 - Reports in the Russian media suggest that production of the Antonov An-124, the largest commercial aircraft to be mass-produced, could be about to recommence.
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Ainscough Crane Hire promotes from within
July 21 - Ainscough Crane Hire, one of the UK's largest crane hire operators has announced recent changes within its senior team.
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Kuehne + Nagel doesn't expect market recovery just yet
July 20 - Kuehne + Nagel says that its half-year results confirm the Group's dual strategy of counteracting the economic crisis through strict cost management and a commitment to market share expansion.
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Expeditors predicts plummeting profits
July 14 - Expeditors International is forecasting a 33 0.000000all in profits through the company's second quarter of 2009, despite a slight upturn in traffic volumes.
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PPG and Shippingchina link up
July 14 - Project freight forwarding network, the Project Professionals Group and Shippingchina have announced an informal strategic alliance.
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Kuehne + Nagel opens Chongqing office
July 9 - Kuehne + Nagel has opened a new branch office in Chongqing in central China and confirmed that it will be involved in the management of project cargoes with inquiries being organised in close coordination with the company's project competence cen
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PPG heads for Corpus Christi
July 7 - A record number of sponsors and over 100 freight forwarding executives from 34 countries are expected to attend the Project Professionals Group annual conference in Corpus Christi, Texas, later this month.
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Solid earth for PD Ports?
July 7 - Speculation continues about the future ownership of PD Ports with reports in the financial media suggesting that Terra Firma, a leading British buyout firm, is preparing a bid for the subsidiary of Babcock & Brown Infrastructure.
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Looking forward to Breakbulk in New Orleans
July 7 - New Orleans, the famous Big Easy, is the venue of the 20th Annual Breakbulk Transportation Conference and Exhibition, between October 13-15, 2009.
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Toll Group set to manage Gorgon Project's Barrow Island
June 30 - Toll Group, a leading provider of integrated logistics services, has won a A$180 million (USD145 million) three year contract from Chevron Australia Pty Ltd's (Chevron) to manage and provide logistics services for the Barrow Island Supply Base.
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DONG Energy acquires A2SEA in multi-million dollar deal
June 25 - Offshore wind power turbine installation contractor A2SEA, partly owned by heavy lift company Clipper Projects, has been acquired by UK-based DONG Energy for around USD 131 million.
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Swire Shipping cuts RTW services, focuses on Asia Pacific
June 22 - In a major restructuring of its regional and global network of liner shipping services and a decision to focus on the Asia - Pacific region, Swire Shipping is suspending its round-the-world multi-purpose liner services due to weak markets in the
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Rotterdam remains upbeat on prospects
June 18 - Despite the gloom about the state of the global economy, the Port of Rotterdam remains upbeat about prospects for breakbulk and heavy lift activities in the long term.
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Toll takes on Perkins
June 16 - The Toll Group has reached agreement for the purchase of 1000f the shares in Perkins Group Holdings Pty Limited, the parent of the Perkins Shipping Group. The conditions for the transaction include competition clearance.