Latest business news – Page 155
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Suez Canal expansion now open
August 7 - One year after the announcement of a development programme, Egypt's expanded Suez Canal is open for business.
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Seattle and Tacoma launch alliance
August 5 - The ports of Seattle and Tacoma have formally launched the Northwest Seaport Alliance, which they claim is the first of its kind in North America.
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Georgia looks inland
August 3 - The Georgia Ports Authority (GPA), Murray County, the Governor of Georgia and CSX Transportation have signed an agreement regarding the establishment of the Appalachian Regional Port in Chatsworth, Georgia, USA.
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BBC opens in Vietnam
July 31 - BBC Chartering will inaugurate a new office in Ho Chi Minh City, Vietnam, on August 1, 2015, to serve the country's burgeoning demand for project cargo, breakbulk and general cargo transportation.
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GPA breaks tonnage records
July 31 - The Georgia Ports Authority (GPA) handled record numbers of containerised and ro-ro cargo in its 2015 fiscal year, and posted its highest ever-recorded total tonnage.
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Volatile claims shake shipping industry
July 31 - The shipping industry faces a particularly challenging time punctuated by unpredictable markets and continuing marine claims volatility.
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ESB Kranverleih adds Liebherr lift
July 28 - Mittelbiberach, Germany based ESB Kranverleih Transport und Hebetechnik has invested in its heavy lift capability with the acquisition of a new Liebherr LTM 1200-5.1 mobile crane.
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'Game on' for Red Box duo
July 28 - ZPMC-Red Box Energy Services has confirmed that its 50,000 dwt semi-submersible heavy lift vessel Red Zed II has departed the CIMC Yantai Raffles Shipyard for Batam, Indonesia, where it will load the first modules for the Yamal LNG project.
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Cargolux, OGBL make breakthrough
July 28 - Cargolux Airlines and Luxembourg's OGBL union have reached an agreement on the main points of a new collective work agreement, effective October 2015 and covering three years.
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Rhenus buys into CFNR
July 27 - Rhenus Group has purchased the inland waterway activities of Compagnie Française de Navigation Rhénane (CFNR).
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DSM stamps out trademark infringements
July 24 - DSM Dyneema has stepped up legal action against online marketplaces by more aggressively enforcing the removal of advertisements in which the Dyneema trademark is used without permission.
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Profits stabilise at Panalpina
July 23 - Panalpina has reported revenues of CHF2.94 billion (USD3.08 billion) in the first six months of 2015 - down 8.9 percent over the same period of 2014 from CHF 3.23 billion (USD3.38 billion).
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PCN duo shine in solar project
July 16 - Members of the Project Cargo Network (PCN), Grand Arabia Forwarding and Fortune International Transport, have been awarded a logistics contract for the Shamsuna PV solar project in Aqaba, Jordan.
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Palfinger adds crane model
July 16 - Manufacturer of truck-loading cranes, Palfinger, has launched a new generation of heavy-duty crane in the form of the PK 165.002 TEC 7.
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Optara project draws to a close
July 15 - ALE and Aertssen have completed their work for the Optara project at Total's Antwerp refinery, which involved the transportation of modules from Spain to Belgium and the installation of main units for Tecnidas Reunidas.
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Stena agrees new Rotterdam berth
July 14 - Stena Line and the Port of Rotterdam have agreed to collaboratively build a second berth at the company's Europoort terminal, as part of a EUR27 million (USD29.7 million) investment.
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Record EU transport investment endorsed
July 14 - The European Commission's EUR13.1 billion (USD14.4 billion) investment plan for the transport sector has taken a step forward, after EU member states approved the list of projects to receive funding under the Connecting Europe Facility (CEF).
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Wind of change for BNSF
July 14 - BNSF Logistics has acquired rail logistics provider Transportation Technology Services (TTS), which focuses on the transport of components for the wind energy industry.
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NewsTrojan extends at Aberdeen
Trojan Crates has invested GBP1 million (USD1.55 million) in new premises close to Aberdeen airport, Scotland, which feature state-of-the-art manufacturing equipment.
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Seattle, Tacoma hail transport investment
July 13 - The ports of Seattle and Tacoma have welcomed the passing of a USD16.2 billion transportation investment package that aims to speed the movement of cargo through Washington state's ports and freight corridors.