All Investments articles – Page 26
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MHI Vestas invests in Esbjerg
March 17 - MHI Vestas Offshore Wind has signed an agreement with the Port of Esbjerg, more than doubling the area of land it leases at the Danish port for the pre-assembly and shipment of offshore wind turbine components.
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Indonesia looks to Antwerp
March 17 - Antwerp Port Authority chairman Marc Van Peel has signed two framework agreements with IPC Corporate University - a subsidiary of the Indonesian Port Corporation - which will see the port provide training and consultancy services for Indonesian
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Sohar strengthens breakbulk focus
March 16 - Speaking at the Breakbulk China exhibition in Shanghai, Sohar Port and Freezone's executive commercial manager Marc Evertse told delegates that the Omani port saw a 46 percent year-on-year increase in breakbulk cargo shipments in 2015.
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Asciano agrees joint consortium bid
March 15 - Australian logistics provider Asciano has entered into binding documentation to sell the company to Brookfield Consortium and Qube Consortium.
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Intermarine trio undergoes retrofit
March 10 - Carbon War Room (CWR) has joined forces with shipowner Hammonia Reederei and operator Intermarine to retrofit three sister vessels - Industrial Ruby, Industrial Royal, and Industrial Revolution - with efficiency technologies, intended to produc
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Boskalis weathers the storm
March 9 - While the company's revenue rose 2.3 percent year-on-year in 2015, Royal Boskalis Westminster achieved a net profit of EUR440 million (USD482 million), compared with EUR490 million (USD537 million) in 2014.
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DHL meets 2015 forecast
March 9 - Deutsche Post DHL Group posted a consolidated EBIT for 2015 of EUR2.41 billion (USD2.64 billion), which was in line with its forecast.
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Hapag-Lloyd targets heavy cargoes
March 3 - As part of an increased focus on obtaining heavy and over-dimensional cargoes for its container ships, Hapag-Lloyd has established special cargo teams for the major markets in Asia and the Americas, in addition to its special cargo division at i
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K+N profit up in 2015
March 3 - Despite recording a 4.4 percent year-on-year drop in turnover for 2015 at CHF16.7 billion (USD16.72 billion), Kuehne + Nagel posted EBITDA of CHF1.04 billion (USD1.041 billion) - a 3.6 percent increase compared with 2014.
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Panalpina results 'prove resilience'
March 1 - Panalpina's gross profit for 2015 decreased 7.1 percent year-on-year to CHF1.47 billion (USD1.46 billion), while its EBIT was slightly up compared with 2014 at CHF117.2 million (USD117.1 million).
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SCH ups lifting capacity
March 1 - Southampton Cargo Handling (SCH) has expanded its fleet of project cargo handling equipment with the acquisition of a 72-tonne capacity modular spreader beam from Tilbury, UK based supplier Delphini.
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Goffin takes Great Yarmouth reins
February 23 - Following the acquisition of Great Yarmouth Port Company (GYPC) last year, Peel Ports has named Richard Goffin port director at the UK gateway.
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Cargolux promotes Jiang
February 19 - Cargolux has appointed Janet Jiang as its new regional manager, China.
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Louisiana calls for Gulf Stream Marine
February 19 - Gulf Stream Marine has expanded into Louisiana, after being awarded a stevedoring license by the Port of Lake Charles.
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Metro Vancouver sees breakbulk slump
February 19 - Port Metro Vancouver recorded a year-on-year decline in breakbulk metal imports during the second half of 2015, which it attributed to lower capital investments in the energy sector.
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Integrated makes big investment
February 19 - Integrated Logistics has recently invested in an array of new equipment to cope with increasing demand and upcoming projects.
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POSH foresees 2016 challenges
February 19 - Offshore marine services provider PACC Offshore Services Holding (POSH) posted a 20 percent year-on-year increase in revenue for 2015 at USD280.8 million.
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More losses at Nurminen
February 18 - Against a backdrop of particularly challenging market conditions, Nurminen Logistics posted a negative net profit of EUR -4.4 million (USD -4.8 million) for 2015.
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TTS predicts 'improving market' for heavy lift cranes
February 18 - Marine and offshore equipment supplier TTS Group posted a turnover of NOK259 million (USD30.2 million) for its multipurpose/general cargo business in 2015, compared with NOK138 million (USD16.1 million) in 2014.
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Dundee plans huge port investment
February 17 - Forth Ports has unveiled plans to invest over GBP10 million (USD14.3 million) to create a new quayside with heavy lift capability at the UK's Port of Dundee.