Latest business news – Page 145
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Turkish delight for BussErk
March 22 - Buss Port Logistics' joint venture company with Erkport Lojistik, BussErk, has secured a two-year contract with Gübretas Terminal in southern Turkey, which covers the handling of bulk, general and project cargoes.
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Poland gets road network upgrade
March 21 - The European Commission has approved ten TEN-T major projects worth EUR3.3 billion (USD3.7 billion) for the construction of approximately 330 km of new roads in Poland.
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Dutch ports appeal new tax rule
March 21 - The Port of Rotterdam Authority, Amsterdam Port Authority, Groningen Seaports, Moerdijk Port Authority, Port of Den Helder and Zeeland Seaports are appealing against the European Commission's decision, which states that Dutch seaports must pay
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Shipping losses continue to decline
March 21 - According to Allianz Global Corporate & Specialty's (AGCS) Safety and Shipping Review 2016, shipping losses continued their long-term downward trend in 2015, with 85 total losses reported worldwide last year.
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Good year for Gebrüder Weiss
March 17 - Gebrüder Weiss recorded a provisional net turnover of EUR1.28 billion (USD1.44 billion) in 2015, a 3 percent increase compared with EUR1.24 billion (USD1.4 billion) in 2014.
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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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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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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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RollDock returns to L&T
March 16 - RollDock Shipping has purchased RollDock Sky from Larsen & Toubro India (L&T).
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NileDutch buys out SafmarineMPV
March 16 - NileDutch has acquired SafmarineMPV's Europe to West Africa services and operations.
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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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Rickmers foresees tough 2016
March 15 - Rickmers Group posted revenues of EUR587 million (USD652 million) in 2015, a 7.6 percent rise compared with EUR545.4 million (USD605 million) in 2014.
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Oil prices rise but worst not over
March 11 - While oil prices have “recovered remarkably” in recent weeks, this should not “be taken as a definitive sign that the worst is necessarily over,” the International Energy Agency warned in its latest monthly report.
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CP boss faces battle
March 11 - Canadian Pacific Railway ceo Hunter Harrison is facing an uphill battle to convince CSX - not just Norfolk Southern - of the merits of a merger.
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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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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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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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Cannavo up at Flensborg
March 7 - With immediate effect, Rob Cannavo has taken over representation of Flensborg and Associates in South Africa.
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Tilbury set for expansion
March 4 - Forth Ports has entered into an agreement to purchase 152 acres (61.5 ha) of land, including a deepwater jetty, to the east of the UK's Port of Tilbury.
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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