Latest business news – Page 125

  • News

    WWL ALS opens in Norway

    2017-08-07T00:00:00Z

    August 7 - Wallenius Wilhelmsen Logistics Abnormal Load Service (WWL ALS) is expanding into the Scandinavian market and will take over the Wilhelmsen Ships Services Nordic (WSS Nordic) offices in Bergen, Norway.

  • News

    Volga-Dnepr eyes up AN-124 replacement

    2017-08-07T00:00:00Z

    August 7 - Volga-Dnepr is exploring the prospects for the development of a replacement super-heavy cargo transporter, which it hopes will be 35 - 40 percent more efficient than the Antonov AN-124, both technically and economically.

  • News

    Dooley named as BDP cfo

    2017-08-04T00:00:00Z

    August 4 - Global logistics and transportation solutions company BDP International has named Todd Dooley as chief financial officer (cfo), effective immediately.

  • News

    Bishop Lifting takes Matex Wire Rope

    2017-08-03T00:00:00Z

    August 3 - SBP Holdings, through its wholly owned subsidiary Bishop Lifting Products, has acquired Kilgore, USA-based, Matex Wire Rope.

  • News

    HLI on track with acquisition

    2017-08-03T00:00:00Z

    August 3 - HLI Rail & Rigging has acquired a new 20-axle railcar, which is currently under construction and expected to be ready for service early in 2018.

  • News

    ACS grows in Canada

    2017-08-02T00:00:00Z

    August 2 - The Canadian office of Air Charter Service (ACS) has moved to larger premises in Toronto to facilitate its growth plans in the country.

  • News

    Transaid trains Ugandan drivers

    2017-08-01T00:00:00Z

    August 1 - Transaid, the international development organisation, has started a major project to develop heavy goods vehicle and passenger service vehicle driver training in Uganda.

  • News

    CES claims heavy-duty reachstacker first

    2017-07-31T00:00:00Z

    July 31 - During an event at its factory near Verona, Italy, Containerhandling Equipment & Solutions (CES) presented its new heavy-duty reachstacker, the VRS-K, which boasts a lifting capacity of 150 tonnes.

  • News

    Subsea 7 sees market improvement

    2017-07-27T00:00:00Z

    July 27 - Subsea 7's renewables and heavy lifting business unit saw increased offshore activity in the second quarter of 2017, following its acquisition of Seaway Heavy Lifting.

  • News

    Container profitability on the horizon

    2017-07-27T00:00:00Z

    July 27 - Container lines could see a 12-month cumulative profit of up to USD5 billion this year, as the "super-cycle" of carrier consolidation has changed the playing field and left shippers with less choice, says Drewry.

  • News

    Harren & Partner strikes SAL deal

    2017-07-26T00:00:00Z

    July 26 - Ten years after it first took a stake in the shipping company, and six years after it took complete control, Japan-based Kawasaki Kisen Kaisa ("K" Line) has sold SAL Heavy Lift to the Bremen, Germany-based shipping group Harren & Partner.

  • News

    First Sapphire shipment arrives at Newcastle

    2017-07-25T00:00:00Z

    July 25 - The Port of Newcastle has welcomed the first shipment of wind turbine components bound for the Sapphire Wind Farm, which it claims will be the largest wind turbines to be imported into Australia.

  • News

    Samskip eyes up Nor Lines

    2017-07-25T00:00:00Z

    July 25 - Samskip will acquire the activities of Nor Lines, part of the DSD Group, subject to the approval of Norway's competition authorities.

  • News

    Fagioli to get equity boost

    2017-07-24T00:00:00Z

    July 24 - QuattroR, a management company specialising in corporate restructuring, is in advanced talks to acquire an initial 49 percent of Italy's Fagioli group.

  • News

    Antwerp invests in Açu

    2017-07-24T00:00:00Z

    July 24 - The Port of Antwerp, through its subsidiary Port of Antwerp International (PAI), will invest USD10 million in the Port of Açu, a privately owned port complex in São João da Barra, Brazil.

  • News

    Stena ups North Sea capacity

    2017-07-21T00:00:00Z

    July 21 - Stena Line will replace the vessels operating on its Rotterdam, the Netherlands to Harwich, UK service with larger ro-ro ships in response to demands for increased freight capacity.

  • News

    Bilbao builds manufacturing plant

    2017-07-20T00:00:00Z

    July 20 - The construction of Haizea Wind's offshore wind tower manufacturing plant has commenced at the Port of Bilbao, Spain.

  • News

    McCain targets Jones Act again

    2017-07-19T00:00:00Z

    July 19 - For the second time in less than two years, US senator John McCain has introduced legislation that would revise the Jones Act, which requires that all goods shipped between US ports be carried on US-built, owned and operated ships.

  • News

    Tidewater gets court approval

    2017-07-17T00:00:00Z

    July 17 - The United States Bankruptcy Court for the District of Delaware has confirmed the Second Amended Joint Prepackaged Chapter 11 Plan of Reorganization for Tidewater, the US provider of larger offshore service vessels to the global energy industry,

  • News

    Japanese provide ONE details

    2017-07-14T00:00:00Z

    July 14 - Even though some jurisdictions have yet to approve the merger, Japan's three large container lines have set out details of their new Ocean Network Express (ONE) organisation.