Latest business news – Page 149
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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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Mammoet turns on gas in Algeria
December 22 - Mammoet has transported a 400-tonne Siemens gas turbine generator from Algiers port to the Cap Djinet power plant project site in Algeria.
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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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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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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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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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New projects network launched
December 18 - A new project freight forwarder network - Project Freight Net (PFN) - has been launched.
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SAL: 'Toughen up' in 2016
December 18 - Hamburg headquartered shipping line, SAL Heavy Lift, said 2015 turned out to be a tough year. Despite completing a raft of technical projects, the tumbling oil price led to a steep downturn in the global offshore industry.
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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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Peel Ports in at Great Yarmouth
December 16 - Peel Ports Group has completed the acquisition of Great Yarmouth Port Company Limited (GYPC) from International Port Holdings for an undisclosed sum.
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Cargolux agreement finally reached
December 16 - Following repeated meetings over the last 24 hours, Cargolux says that an 'amicable agreement' has been achieved between all concerned parties on the new collective work agreement (CWA) for staff of the freighter airline.
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Specialist buy for Ainscough
December 11 - UK based Ainscough Crane Hire has acquired Specialist Crane Hire.
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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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Chinese tie-up approved
December 11 - A statement on China's State Council website suggests that the merger between China Ocean Shipping Group (Cosco) and China Shipping Group (CSCL) has been approved.
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UTC hails Ex-Im bank renewal
December 11 - UTC Overseas has expressed its thanks to industry colleagues, supporters and associates for their combined efforts in winning Congressional reauthorisation of the US Export-Import Bank (Ex-Im).
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Cargolux CWA deal takes step backwards
December 10 - Collective work agreement (CWA) talks between Cargolux management and the unions were cut short after LCGB backtracked on the principle agreement reached on December 1.
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Seajacks ship set for operation
December 10 - Seajacks International, the offshore installation and maintenance contractor, has announced that its fifth self-propelled jack-up vessel, Seajacks Scylla, is set to enter service.
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Imperial makes Speedway buy
December 9 - Imperial Crane Services has acquired Speedway Crane, which it says will help accelerate its expansion into the Joliet region of Illinois, USA.
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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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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.