Latest business news – Page 132
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Good move on the Mersey
January 27 - John Good Shipping is opening a refurbished, 2,200 sq ft (204.4 sq m) office at Burlington House near the Port of Liverpool, to further expand its freight forwarding, ship agency and airfreight activities in the northwest of the UK.
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Index reveals positive signs, underpinned by concern
January 24 - According to the 2017 Agility Emerging Markets Logistics Index, 43 percent of logistics professionals consider the International Monetary Fund's (IMF) markets growth forecast of 4.6 percent to be too optimistic.
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Airfreight prepare for takeoff at Luxembourg
January 24 - The growth of airfreight at Luxembourg Airport continued increasing by 8.2 percent compared with 2015, with an 8.5 percent growth in oversized shipments.
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Better days lie ahead, says Concargo
January 19 - David Kruyer, founder of Cape Town based Concargo, believes better days lie ahead providing the South African government make the necessary infrastructural investments as soon as possible.
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Industry prepares for widespread consolidation
Consolidation was the word on everybody's lips at the Breakbulk Americas 2016 exhibition held from September 26-29 in Houston, USA. Annie Roberts reports from the show.
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Modulift unveils even bigger beam
January 16 - Modulift says that it has manufactured its largest ever spreader beam, which can lift 1,500 tonnes at a span of 20 m, for Netherlands based equipment and service provider to the marine industry, Safe Lifting Europe.
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Rumours fuel OOCL share price rise
January 13 - The share price of Orient Overseas International (OOIL), the parent company of shipping line Orient Overseas Container Line (OOCL), has jumped more than 25 percent since the end of 2016, reaching a 52-week high of HKD39.70 (USD5.12) on Wednes
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Wood Mackenzie predicts upstream growth
January 13 - Wood Mackenzie is forecasting that the investment cycle in the upstream oil and gas industry will show the first signs of growth in 2017 since 2014 and final investment decisions (FIDs) will double, compared with 2016.
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World Bank forecasts higher growth
January 12 - The world economy is expected to expand 2.7 percent this year, recovering from a post-crisis low in 2016, thanks to rising commodity prices and Donald Trump's stimulus, the World Bank said in its latest Global Economics Prospects report.
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Simest invests in Fagioli
January 11 - Simest, part of the Italian CDP group, has acquired 9 percent of Fagioli Group's subsidiary in North America.
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Osprey Heavy Lift secures funding
January 6 - A joint venture created in 2015 between Osprey Maritime and the Allelys Group has secured a GBP7.5 million (USD9.3 million) financial package from HSBC.
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Done deal for Konecranes and Terex
January 5 - Konecranes has completed the acquisition of Terex's material handling and port solutions (MHPS) business.
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Recovery in sight says Drewry
January 4 - According to the latest Multipurpose Shipping Market Review and Forecaster report, published by Drewry, the multipurpose shipping market will see the first signs of recovery by the end of 2017.
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Wilhelmsen and Wallenius sign reshuffle agreement
December 23 - Wilh. Wilhelmsen Holding and Wallenius Lines have signed an agreement leading to a new ownership structure for their jointly owned investments in Wallenius Wilhelmsen Logistics, Eukor Car Carriers and American Roll-On Roll-Off Carrier.
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Brunel adds Chinese rail link
December 22 - Brunel Project Cargo says that it can now offer a rail service for containers between Yiwu, China to London, UK.
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Tampa Bay agrees new berth
December 21 - The board of commissioners of Port Tampa Bay has agreed to award a construction contract to GLF Construction Company to build a second new cargo berth at Port Redwing (Berth 302).
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M&M Bank opens doors
December 21 - Maritime & Merchant Bank (M&M) - a Norwegian headquartered specialist bank for the shipping and offshore sector - has officially opened for business.
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Shipping confidence hits 15-month high
December 21 - Shipping confidence improved for the third successive quarter in the three months ending November 16, according to the latest Shipping Confidence Survey from international accountant and shipping adviser Moore Stephens.
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Steely move for Blue Water
December 20 - Blue Water Shipping's terminal crew transported two steel structures weighing 99 tonnes and 65.5 tonnes respectively at the Port of Esbjerg.
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Liebherr upgrades Dammam base
December 16 - Liebherr has opened a new subsidiary office in Dammam, Saudi Arabia.