All articles by HeavyLiftPFI – Page 184
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HMM struggles to stay afloat
February 2 - According to reports in the international media, Hyundai Merchant Marine (HMM) is resurrecting an asset sale plan in an effort to avoid bankruptcy as it struggles under a KRW7 trillion (USD5.8 billion) debt.
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HLPFI adds Associate Editor
February 2 - Yvonne Mulder, a communications specialist in the freight and supply chain industry for more than 25 years, has joined the Heavy Lift & Project Forwarding International team as Associate Editor.
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Japanese carriers brace for tough 2016
February 2 - MOL has forecast a USD1.45 billion loss for its financial year ending March 31, 2016, as the Japanese line restructures its dry bulker and container shipping business areas.
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Yale unveils Fortis2 sling
February 2 - Synthetic rope manufacturer Yale Cordage has added a new heavy lift multipart sling, Fortis2, to its line of industrial products.
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Pan Ocean profit slides
February 1 - South Korean shipowner Pan Ocean saw a 79.27 percent year-on-year decrease in its net profit for the fourth quarter of 2015.
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ZOMC sets lifting record
February 1 - ZPMC-OTL Marine Contractor (ZOMC) says that its self-propelled single boom crane vessel, Zhen Hua 30, has successfully lifted 13,200 tonnes during testing.
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Höegh names number three
February 1 - The third vessel in Höegh Autoliners' New Horizon class of pure car and truck carriers (PCTC) has been named Höegh Tracer during a ceremony at Xiamen Shipbuilding Industries in China.
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Rickmers reconfirms positive forecast
February 1 - Despite persistently challenging market conditions, the Rickmers Group has reconfirmed its positive forecast for the 2015 financial year with regards to revenues and EBITDA.
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NBPC ceo takes on port role
February 1 - Current president and ceo of NYK Bulk & Projects Carriers (NBPC), Masamichi Morooka, has been appointed president of the newly launched Yokohama Kawasaki International Port Corporation.
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Greenshields bags BIFA award
February 1 - Greenshields Cowie & Co triumphed in the project forwarding category of the British International Freight Association (BIFA) Freight Service Awards.
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AAPA concerns despite cargo growth
February 1 - According to a report by the U.S. Army Corps of Engineers, seaports in the USA are seeing a steady rise in waterborne cargo volumes with 2014 tonnage figures showing a 3.1 percent increase over 2013 totals.
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Grove goes to GMVykon
January 29 - Mexico based equipment rental specialist GMVykon has taken delivery of a 400-tonne capacity Grove GMK6400 all-terrain crane, which will be used to support the maintenance of oil and steel production facilities in the country.
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Pacific Forum in Polynesian merger
January 29 - Polynesian Shipping Line (PSL), which is owned by Neptune Pacific Line, has concluded an agreement to merge with Pacific Forum Line (PFL) with effect from January 31, 2016.
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CMA CGM inks Iranian deal
January 29 - According to reports in the international media, France's CMA CGM has signed a memorandum of understanding (MoU) with the Islamic Republic of Iran Shipping Lines (IRISL).
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Buss to close Hamburg terminal
January 29 - Buss Port Logistics is to cease operation of its Buss Hansa Terminal (BHT) in Hamburg at the end of 2016.
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Antonov denies liquidation rumours
January 29 - Antonov has denied reports in the international media suggesting that Antonov State Company has gone into liquidation.
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Indiana-Jeffersonville steels ahead
January 29 - The Port of Indiana-Jeffersonville handled 16 percent more cargo in 2015 compared with the previous year, driven mostly by large volumes of steel and agriculture products.
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PCN members power ahead
January 29 - Member of the Project Cargo Network (PCN) in the Netherlands, Ryano Logistics, has coordinated a shipment of power plant equipment to Zambia; while PCN member in Pakistan, Aaras Shipping Agencies, has discharged various project cargoes from t
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Venice loads for Iran
January 28 - A giant boiler, manufactured by Simic in Italy, has been loaded on board a ro-ro vessel at the Port of Venice for shipment to Iran.