Latest business news – Page 167
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Vessel operating costs set to rise
October 27 - According to a new survey by international accountant and shipping consultant Moore Stephens, vessel operating costs are expected to rise by 2.9 percent in both 2014 and 2015.
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IMO: no ban on African travel
October 27 - The International Maritime Organization (IMO) has declared that there should be no general ban on international travel or trade due to the Ebola virus outbreak in West Africa.
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Antwerp on course for record year
October 24 - The Port of Antwerp handled a freight volume of 148,344,168 tonnes during the first nine months of this year, which is 3.7 percent more than the same period of 2013.
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National Air Cargo files for Chapter 11
October 24 - Florida headquartered National Air Cargo Holdings Inc. has reorganised its freight forwarding operations.
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Shippers call for clarification on sulphur
October 24 - The Global Shippers' Forum (GSF) is calling for more information regarding the impact of low sulphur fuel, ahead of the implementation of the emission control areas (ECAs) from January 1, 2015.
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CP ends merger talks with CSX
October 22 - Further to our report in last week's Friday Flyer, Canadian Pacific Railway (CP) has confirmed that exploratory talks held with CSX Corp about a possible merger have been terminated.
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Panalpina maintains stability
October 21 - "We have managed to keep up profitability in the first nine months of the year," says Panalpina ceo Peter Ulber.
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Indiana's wind recovery
October 21 - The Port of Indiana-Burns Harbor has handled its first shipment of windmill blades and towers for more than three years, as cargo traffic picked up on the Great Lakes.
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Clearlake acquires AmQuip
October 21 - Clearlake Capital Group has completed its acquisition of crane rental and lifting solutions provider AmQuip.
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Cutting-edge counterweight concept
October 21 - Liebherr has developed an innovative concept for erecting its 600-tonne capacity LR 1600/2 crawler cranes with long wind power boom systems.
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A foxy dozen down Rio way
October 20 - Fox Cargo do Brasil has project managed the transportation of 12 new electric rubber-tyred gantry cranes from Zhangzhou, China to the Libra Terminal in Rio de Janeiro, Brazil.
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Hamilton adds warehouse
October 17 - Hamilton Port Authority (HPA) has added a warehousing asset to its portfolio of logistics-focused real estate.
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ABC adds sixth B747-8F
October 16 - AirBridgeCargo Airlines (ABC) has celebrated the delivery of its sixth new Boeing 747-8 freighter.
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GeoSea buys Hochtief assets
October 16 - International construction group Hochtief is selling its offshore assets to marine contractor and long-term partner, GeoSea.
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European ports want open dialogue with EC
October 15 - A group of ports in northwest Europe have called for an open dialogue with the European Commission about the allocation of future funding, rather than 'publishing more paper'.
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Daewon Logipia completes acquisition
October 14 - South Korea's Daewon Logipia has completed the acquisition of logistics consulting and service company, Korea Logistics Consulting & Service.
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Jumbo executes offshore works
October 10 - On behalf of Ithaca Energy, Jumbo successfully completed the mooring system pre-installation for the Greater Stella Area (GSA) development in the North Sea.
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Lufthansa Cargo remains optimistic
October 10 - Lufthansa Cargo says it is cautiously optimistic for the fourth quarter of 2014 and expects a seasonal upturn in demand during the Christmas period.