All Investments articles – Page 28
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Drewry: Container lines brace for losses in 2016
January 8 - The container shipping industry should brace for losses in 2016, according to the latest Container Forecaster report released by global shipping consultancy Drewry, which will have a negative knock-on effect on the heavy lift and multipurpose
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McClellan up at Crowley
January 6 - Kerri McClellan has been promoted to vice president and deputy general counsel for Crowley Maritime Corporation.
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Sinotrans & CSC Holdings gobbled up
December 30 - According to China Merchants Group, the Hong Kong based state-owned conglomerate with businesses in transportation, finance and real estate, is set to acquire China's Sinotrans & CSC Holdings.
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Bergeron up at New Orleans
December 29 - The board of commissioners at the Port of New Orleans has elected William T. Bergeron to succeed Scott H. Cooper as chairman.
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Breakbulk shipping improvement 'some way off'
December 21 - According to global shipping consultancy Drewry, although demand growth is expected to recover next year after a very poor 2015, and supply growth is likely to be minimal, competition from other sectors will maintain pressure on the breakbul
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What next for US crude?
December 18 - With US Congress nearing a deal to end its longstanding crude oil export ban, HLPFI considers the impact this will have on the languishing sector.
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Mammoet gets big fleet boost
December 18 - Mammoet USA has invested in a 1,600-tonne capacity Terex CC 8800-1 crawler crane to tackle several upcoming projects on the Gulf Coast.
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AAPA welcomes US port funds
December 18 - The American Association of Port Authorities (AAPA) has noted that there are significant funds inked to enhance US port infrastructure in the US House-Senate conference agreement for the fiscal 2016 omnibus appropriations bill.
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Aqualis finance chief moves on
December 17 - Christian Opsahl has resigned as chief financial officer of energy consultancy firm Aqualis to pursue interests outside the company.
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Fitch cuts outlook for shipping
December 11 - Credit ratings and research oufit, Fitch Ratings has revised its global shipping sector outlook for 2016 to negative from stable in 2015.
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US approves highway bill and EXIM Bank
December 9 - After lengthy debate, the US Senate approved a five-year USD305 billion highway bill and revived the charter of the US Export-Import Bank.
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TII Group enters India
December 8 - Germany's TII Group has entered the Indian market after acquiring domestic trailer manufacturer Tratec and establishing an Indian subsidiary - TII India PvT. Ltd.
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Adams joins ALE
December 8 - ALE has appointed Darren Adams as the new director for its UK business.
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Lufthansa and ANA expand agreement
December 2 - One year after its original launch, Lufthansa Cargo and All Nippon Airways Cargo (ANA) are expanding their network joint venture between Europe and Japan by adding Fukuoka and Sapporo as destinations.
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Cargolux approves extra pilots
November 27 - Against a background of ongoing discussions with unions regarding a new collective work agreement (CWA), the Cargolux board of directors has agreed a significant expansion strategy for the airline.
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ASEAN-China agreement revised
November 26 - The Association of Southeast Asian Nations (ASEAN) and China have signed an agreement to amend and update the ASEAN-China Free Trade Agreement (ACFTA).
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Rickmers-Linie in 'positive turnaround'
November 20 - Rickmers Group's heavy lift shipping subsidiary Rickmers-Linie recorded a 6.9 percent year-on-year drop in revenue for the first nine months of 2015, but a positive increase in EBITDA (consolidated operating profit before interest, taxes, de
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Townsville inks Indonesian tie-up
November 17 - Australia's Port of Townsville has signed a memorandum of understanding (MoU) with the Indonesia Port Corporation (IPC) to strengthen trade and development opportunities between the respective countries.
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Newport ups capacity
November 17 - Associated British Ports (ABP) has invested GBP1.6 million (USD2.4 million) in a new mobile harbour crane at the UK's Port of Newport.
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Boskalis outlook unchanged
November 16 - Royal Boskalis Westminster (Boskalis) has posted "good" third quarter results, with quarterly revenue slightly exceeding the average quarterly revenue in the first of the year.