All Investments articles – Page 85
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B&B's US port interests transfer to SteelRiver
May 20 - In the face of the ongoing financial problems facing by Babcock & Brown Infrastructure, executives at Babcock & Brown Infrastructure Fund North America (BBIFNA), working with John Hancock Life Insurance, have acquired the fund's USD1.8 billion as
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Go-ahead for the London Array
May 18 - In the UK, Gordon Brown's government has welcomed the fact that investors have given the go-ahead for the world's largest offshore wind farm to be constructed in the Thames Estuary. The 1GW London Array wind farm will generate sufficient electric
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Dutch dredging company still interested in parts of SMIT
May 18 - In its latest trading update, Dutch dredging company Boskalis has made it clear that it is still interested in acquiring parts of SMIT International.
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SMIT achieves net profit of EUR 28 million in first quarter
May 14 - Net profit for SMIT in the first quarter of 2009 amounted to EUR 28 million, including a net contribution of EUR 10 million from the financial settlement of the 'Thunderhorse' project, without which, net profit from normal operating activities sh
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Dockwise profits up
May 14 - Dockwise has posted revenue of USD33 million for the first quarter of 2009, a 120% rise from USD15 million in the quarter last year, on the back of increased rig shipments.
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Braemar Shipping Services: Best year ever
May 13 - In reporting its best ever annual results ending February 28th, Braemar Shipping Services identified its Cory Brothers, Fred Olsen and Freight Action business units for particular praise.
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TBS International swings to Q1 loss
May 8 - In its first quarter results, TBS International swung to loss, hurt by a drop in freight rates, sending its shares down as much as 18 percent.
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"K" Line 2008 results helped by positive heavy lift activities
May 7 - The heavy lift shipping business, including the transport of petrochemical plant and infrastructure-related heavy lifts, was one positive note to come out of "K" Line's 2008 results.
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Heavy lift helps Agility to weather economic downturn
May 5 - Kuwait-based forwarder Agility enjoyed strong financial results in Q1 2009 despite the global financial slowdown, says Tarek Sultan, Agility chairman and managing director. Net profit before non-recurring items was KD 39.2m / USD 134.7m, a gain of
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Keppel Singmarine loses offshore rig contract
May 4 - Keppel Corp, parent company of Keppel Singmarine, has received notice to terminate work on a USD122 million multipurpose offshore drilling vessel from the contracting oil group GSP Titan Ltd.
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Confident Cory on the move in the UK
April 30 - Project specialist Cory Brothers says it is optimistic about the future as it opens new UK offices to accommodate the company's growth.
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Shortage of capacity hinders tide and wave energy projects
April 29 - Industry observers have said that the potential of marine power as a future source of renewable energy is being undermined by a shortage of vessels that are able to deploy marine devices.
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Boosting Brazilian presence
April 24 - HLPFI South American correspondent, Rainbow Nelson reports from the Intermodal South America event which took place in Sao Paulo this week.
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Specialized Carriers & Riggers announces Financial & Risk Management Forum
April 15 - The Specialized Carriers & Rigging Association (SC&RA) will hold its 2009 Financial & Risk Management Forum at the Omni William Penn in Pittsburgh, Pa. on August 19-20.
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Atlantic Street Capital Acquires EZE Trucking
April 9 - Atlantic Street Capital, a private equity firm with a focus on lower middle-market special situation and deep value investments, has acquired EZE Trucking, a leading provider of specialist logistics services for the infrastructure market.
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What's happened to trade credit? asks International Chamber of Commerce
April 2 - The International Chamber of Commerce is urging the G20 nations to take action to fight protectionism and support trade finance to keep trade flowing.
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Fairstar strengthens commercial department
April 2 - Fairstar Heavy Transport NV (Fairstar) has appointed Hans Woltman to work alongside Mario Kerssens in Fairstar's commercial department.
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Record results now 'history' for TBS
April 1 - Whilst profits doubled for TBS International last year, the company is confronting an opaque market in 2009.
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SC&RA presents testimony before US Labor Department to support proposed cranes and derricks safety rule
March 31 - Joel Dandrea, executive vice president of the Specialized Carriers & Rigging Association (SC&RA), advocated the proposed safety rule on cranes and derricks in construction during testimony before the Occupational Safety and Health Administratio
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Singapore Harbour shows sign of the times as capacity laid up
March 26 - A colleague was taken aback when he saw the images of the ships laid up at Singapore Harbour because falling demand has made them unprofitable to operate.