All Investments articles – Page 24
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DHL names forwarding chief
May 18 - The supervisory board of Deutsche Post has appointed Tim Scharwath to head up its DHL Global Forwarding, Freight division.
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Rickmers Group sees first quarter slide
May 13 - Rickmers Group generated revenues of EUR129.3 million (USD146.74 million) during the first quarter of 2016 - a decline of 7.1 percent year-on-year in comparison with the same period of 2015.
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Horizon Terminal opens at Port Everglades
May 13 - Horizon Terminal Services has commenced operations in Port Everglades, Florida, USA.
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Hapag-Lloyd battles through 'seasonally weak first quarter'
May 13 - Hapag-Lloyd reported a fall in revenues during the first quarter of 2016, due in part to a significant drop in average freight rates.
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Challenging times ahead, says WWH
May 13 - Shipping and integrated logistics group Wilh. Wilhelmsen Holding (WWH) reported an operating profit of USD143 million for Q1 2016, on the back of revenues totalling USD848 million during the quarter.
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K-100 rope hits Middle East
May 11 - A Grove RT880E has been the first crane in the Middle East to be fitted with Samson's innovative K-100 synthetic hoist rope.
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Boskalis results 'as expected'
May 10 - Royal Boskalis Westminster (Boskalis) closed the first quarter of 2016 in line with expectations, with EBITDA margins down compared with the same period of 2015 and the order book showing slight year-on-year increases.
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Armitt in at Thamesport
May 9 - UK shipping agent and specialist logistics company, The Armitt Group, has signed a long term agreement to build a 120,000 sq ft (11,148 sq m) multimodal terminal at London Thamesport with the port's owners Hutchison Port Holdings (HPH) Group.
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ALE concludes major wind energy project
May 9 - ALE is close to finishing a major contract for the transportation, lifting and installation of 24 x 2.5 MW turbines on a project site in Khao Kho and another 30 x 2.5 MW turbines at Watabak, Thailand.
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Profit up, revenue down at Agility
May 9 - Agility posted a net profit of KWD13.1 million (USD43.4 million) for the first quarter of 2016, which is an increase of 10.9 percent; and a revenue of KWD298.8 million (USD991.7 million) - a 6.1 percent decrease compared with the same period of 20
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Owner to offer stake in DB Schenker
May 6 - Deutsche Bahn (DB) has announced plans to move forward with the sale of a stake in its DB Schenker forwarding and logistics business.
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BBC shows PPG support
May 5 - BBC Chartering Australia has been named the first major sponsor for the Project Professionals Group's (PPG) tenth anniversary annual conference in Melbourne next year.
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ALE on track in Saudi Arabia
May 5 - ALE has been awarded a contract to transport 1,186 railcars from Poland to Saudi Arabia.
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Port Manatee offers workshops
May 4 - The International Trade Hub at Port Manatee has started a series of workshops aimed at encouraging innovative commercial ties with European and Latin American businesses.
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New HQ for Multitrade Spain
May 4 - Multitrade Spain has moved to a new headquarters in Barcelona and is now starting a new service for wine logistics, following last year's investment by Balguerie Groupe in the company.
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FMT makes big investment
May 4 - Federal Marine Terminals (FMT) is investing USD3.7 million in 2016, which will see it acquire a new USD1.7 million crane for its Cleveland terminal and 11 heavy-duty forklifts for Burns Harbor, Milwaukee, Cleveland and Hamilton.
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Dongbang in Iranian first
April 28 - Dongbang Transport Logistics has carried eight fabricated deck modules on one of its heavy load carriers, Dongbang Giant No. 2, from Ulsan, South Korea, to Khorramshahr in Iran.
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Strong 2015 for ACS
April 28 - Air Charter Service (ACS) posted a 10 percent year-on-year increase in turnover in its 2015 financial year at USD480 million; and a 28 percent increase in gross profit to USD60.2 million.
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Vanguard ready for power in Africa
April 27 - Constrained power supply holds back economic growth in Africa, but capacity is steadily being built to feed this electricity-hungry region.
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Dundee development gets under way
April 26 - Site survey works are under way at the Port of Dundee for the proposed new GBP10 million (USD14.6 million) quayside development.