Latest business news – Page 150

  • News

    Metro Ports seeks US Gulf growth

    2015-12-01T00:00:00Z

    December 1 - Brent Mahana has been named Metro Ports vice president - business development, with a special emphasis on growth in the US Gulf region.

  • News

    ALC in Cargo Service buy

    2015-11-27T00:00:00Z

    November 27 - Aarhus Logistics Centre (ALC) has signed an agreement to take over the activities of Cargo Service at the Danish Port of Aarhus.

  • News

    Cargolux approves extra pilots

    2015-11-27T00:00:00Z

    November 27 - Against a background of ongoing discussions with unions regarding a new collective work agreement (CWA), the Cargolux board of directors has agreed a significant expansion strategy for the airline.

  • News

    ASEAN-China agreement revised

    2015-11-26T00:00:00Z

    November 26 - The Association of Southeast Asian Nations (ASEAN) and China have signed an agreement to amend and update the ASEAN-China Free Trade Agreement (ACFTA).

  • News

    Steder goes ro-ro

    2015-11-24T00:00:00Z

    November 24 - Steder Group has transported a Hitachi EX1200 excavator from the customer's quay in the Netherlands to a terminal in Belgium for shipment by ro-ro vessel to South America.

  • News

    UGLYcargo launches marketplace

    2015-11-23T00:00:00Z

    November 23 - UGLYcargo has launched an online marketplace designed to assist shippers in finding an appropriate carrier at competitive prices and support carriers in maximising their load capacity.

  • News

    ProvPort plays offshore wind part

    2015-11-23T00:00:00Z

    November 23 - Deepwater Wind and General Electric (GE) are establishing a new temporary manufacturing facility at Rhode Island's Port of Providence (ProvPort), for the assembly of turbine components for the Block Island wind farm.

  • News

    Ship operating costs to rise

    2015-11-23T00:00:00Z

    November 23 - According to the latest Ship Operating Costs Annual Review and Forecast 2015/16 report published by Drewry, the cost of operating cargo ships is forecast to rise over the next two years after falling in 2015.

  • News

    Rickmers-Linie in 'positive turnaround'

    2015-11-20T00:00:00Z

    November 20 - Rickmers Group's heavy lift shipping subsidiary Rickmers-Linie recorded a 6.9 percent year-on-year drop in revenue for the first nine months of 2015, but a positive increase in EBITDA (consolidated operating profit before interest, taxes, de

  • News

    Nordana Sea to set sail

    2015-11-18T00:00:00Z

    November 18 - Nordana Sea - the third vessel in a series of six ships to be delivered to Symphony Shipping and subsequently chartered out to Nordana - will be launched by the Ferus Smit shipyard in Leer, Germany on December 11, 2015.

  • News

    Everett unveils new budget

    2015-11-18T00:00:00Z

    November 18 - The Port of Everett Commission has revealed a USD78 million operating and capital budget for 2016.

  • News

    States club together in terminal build

    2015-11-17T00:00:00Z

    November 17 - Georgia and South Carolina's port authorities have signed a joint venture agreement that provides the necessary framework for the two US states to work cooperatively towards the development of the Jasper Ocean Terminal (JOT).

  • News

    Townsville inks Indonesian tie-up

    2015-11-17T00:00:00Z

    November 17 - Australia's Port of Townsville has signed a memorandum of understanding (MoU) with the Indonesia Port Corporation (IPC) to strengthen trade and development opportunities between the respective countries.

  • News

    Boskalis outlook unchanged

    2015-11-16T00:00:00Z

    November 16 - Royal Boskalis Westminster (Boskalis) has posted "good" third quarter results, with quarterly revenue slightly exceeding the average quarterly revenue in the first of the year.

  • News

    Agility growth steady in 'soft' market

    2015-11-12T00:00:00Z

    November 12 - Agility posted a net profit of KWD13.7 million (USD45 million) for the third quarter of 2015, which represents a 5 percent increase compared with the same period of 2014.

  • News

    Subsea 7 downscaling plans succeed

    2015-11-12T00:00:00Z

    November 12 - Subsea 7 has disclosed a bigger fleet reduction plan with six of its ships being laid up in order to reduce the fleet in "subdued markets".

  • News

    New Orleans hits high

    2015-11-12T00:00:00Z

    November 12 - The Port of New Orleans has surpassed the half-million mark for twenty-foot equivalent units (teu) handled over a 12-month period.

  • News

    Alstom sells to GE

    2015-11-10T00:00:00Z

    November 10 - Alstom has closed the sale of its energy activities to General Electric (GE) for approximately EUR12.4 billion (USD13.25 billion).

  • News

    Tork talks up new crane

    2015-11-10T00:00:00Z

    November 10 - Turkish heavy haulier Tork Industrial Logistics Solutions has invested in a new 1,100-tonne capacity Enerpac gantry crane, as well as a Scheuerle Power Booster.

  • News

    Manitoulin takes Entrec stake

    2015-11-09T00:00:00Z

    November 9 - Canada's Manitoulin Transport has made a strategic investment into Entrec Corporation, taking beneficial ownership of approximately 15.4 percent of the issued and outstanding common shares of the company on a non-diluted basis.