All Business articles – Page 52
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NewsValleyfield secures funding
The port of Valleyfield in Canada has received a CAD3.5 million (USD2.67 million) grant from the Québec government to support its marine transportation infrastructure investments.
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NewsDeLuca steps up at Duluth
The Duluth Seaway Port Authority (DPSA) in the USA has appointed Deb DeLuca as executive director, effective August 16.
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NewsEU invests in Danube
The European Union (EU) plans to invest EUR59 million (USD67.4 million) in modernising the locks on the Danube-Black Sea and Midia Navodari–Porte canals in Romania.
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NewsUniversal acquires Southern Counties
Universal Logistics Holdings, a provider of customised transportation and logistics solutions, has acquired Southern Counties Express.
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NewsZeaborn combines ship management activities
Bremen-based Zeaborn Group has combined the ship management activities of Rickmers Shipmanagement and E.R. Schiffahrt.
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NewsCNCo opens Vancouver branch
China Navigation Company (CNCo), part of the Swire Group, has expanded its presence in North America by establishing a branch office in Vancouver, Canada.
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NewsChanges at the top for Brownsville
The port of Brownsville in the USA has appointed Lorena Hernandez as director of finance and Jose Herrera as special projects director.
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NewsComerford steps up at Tyne
The UK's port of Tyne has appointed Mike Comerford to its board as a non-executive director.
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NewsTrade tariffs take hold…
In its second-quarter analyst call, Caterpillar confirmed that the USA’s decision to impose import tariffs on steel and other metals will have a real effect on its businesses and customers in the second half of 2018.
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NewsPOSH benefits from improved market
Offshore marine services provider PACC Offshore Services Holdings (POSH) has recorded a 95 percent revenue increase year-on-year for the three months to the end of June 30, 2018.
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NewsRhenus buys C. Spaarmann Logistics
Rhenus Group has agreed to purchase all the shares in German freight forwarder C. Spaarmann Logistics.
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NewsStrømmen joins G2 Ocean
Leif Arne Strømmen has joined G2 Ocean as the company’s vice president for innovation.
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NewsSubsea 7 reorganises offshore energy services
Subsea 7 has expanded its Renewables & Heavy Lifting (RHL) business unit to improve services to its clients in the offshore energy sector.
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NewsAntwerp XL reveals initial exhibitor list
Launched just eight weeks ago, the latest exhibition for the breakbulk sector, Antwerp XL, has already signed up some blue-chip names from the heavy lift and project forwarding sector as exhibitors.
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NewsCosco completes OOCL takeover
Cosco Shipping has completed the acquisition of Orient Overseas International Ltd (OOIL) and its subsidiary Orient Overseas Container Line (OOCL).
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NewsK+N secures Petronas contract
Kuehne + Nagel (K+N) has been awarded a three-year logistics and supply chain contract with Malaysia’s Petroliam Nasional Berhad (Petronas).
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NewsFracht partners with CargoX
Switzerland’s Fracht Group has signed a partnership agreement with CargoX, the producer of the blockchain-based Smart Bill of Lading (B/L) solution.
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NewsBelugaXL completes maiden flight
The first BelugaXL aircraft has landed at Toulouse-Blagnac, France after completing its maiden flight over the south west of the country.
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NewsSCS rebrands as Ox Heavy
The Netherlands-based SCS Heavy Lifts & Transport has changed its name to OX Heavy.
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NewsBIMCO expels ShipNext
The Baltic and International Maritime Council (BIMCO) has expelled the recently-launched Ukrainian freight and shipping trading platform ShipNext from its membership saying that it “repeatedly and falsely” claimed that BIMCO supported its platform.