Latest business news – Page 172

  • News

    Bad shipping loans threaten German banks

    2014-07-22T00:00:00Z

    July 22 - A report published by the International Monetary Fund (IMF) claims that bad loans in the shipping sector held by German banks pose a concern to the country's overall banking system, ahead of the European Central Bank's upcoming Comprehensive Ass

  • News

    AAPA elects new chair

    2014-07-22T00:00:00Z

    July 22 - The American Association of Port Authorities' (AAPA) board of directors has elected Kristin Decas, ceo of California's Port of Hueneme, as incoming chair for its 2014-2015 activity year.

  • News

    UTC ups Azeri operations

    2014-07-22T00:00:00Z

    July 22 - UTC Overseas has restructured its Baku-based Azerbaijan operation from UTC Overseas Ltd to UTC Caspian Ltd.

  • News

    ICS appeals to Paris MOU

    2014-07-22T00:00:00Z

    July 22 - The International Chamber of Shipping (ICS) has written to the Paris MOU (memorandum of understanding) in order to draw attention to the global shipping industry's serious concern with respect to the sulphur emission control area (ECA) implement

  • News

    Dachser takes over in South Korea

    2014-07-21T00:00:00Z

    July 21 - In South Korea, Dachser has rebranded as Dachser Korea Inc following its acquisition of the remaining 50 percent of the shares in MGI & Dachser Inc, which was established in 2006, and moved into new offices in Seoul.

  • News

    ANL in for Perkins service

    2014-07-21T00:00:00Z

    July 21 - ANL has reached agreement with Toll to take over the Perkins International Service from Toll effective early August 2014. The service which currently runs two vessels between Darwin, Dili and Singapore carries a mixture of container, breakbulk a

  • News

    Further expansion for consortia and alliances, says Drewry

    2014-07-21T00:00:00Z

    July 21 - The formation of 2M is only the conclusion of the latest round of mega-alliance negotiations. Much more lies ahead, says Drewry Maritime Research.

  • News

    Ainscough buys a dozen

    2014-07-17T00:00:00Z

    July 17 - UK based crane hire company Ainscough Crane Hire has added a mixture of 12 new Liebherr LTM1060-3.1 and LTM1100-5.2 cranes to its fleet as part of its ongoing investment and growth strategy.

  • News

    SOHAR looks to Singapore

    2014-07-17T00:00:00Z

    July 17 - SOHAR Port and Freezone has announced its intention to strengthen economic interests with global shipping powerhouse, Singapore.

  • News

    TNT acquires Rent-A-Crane

    2014-07-16T00:00:00Z

    July 16 - TNT Crane & Rigging has purchased the assets of Oklahoma based Rent-A-Crane.

  • News

    Wind power growth stable

    2014-07-15T00:00:00Z

    July 15 - New analysis by the Worldwatch Institute shows that double-digit growth continued in the global wind energy market in 2013.

  • News

    Sarens rebrands in America

    2014-07-15T00:00:00Z

    July 15 - Sarens USA and Sarens Canada have become the official trade names under which the Sarens Group will market its services in North America, replacing the previous names of Rigging International and Canada Crane Services.

  • News

    Blue Water and DONG cooperate

    2014-07-14T00:00:00Z

    July 14 - DONG Energy has entered into an agreement with Blue Water Shipping to expand the two companies' existing lease agreement in the Port of Esbjerg.

  • News

    New semi-sub for Coscol

    2014-07-11T00:00:00Z

    July 11 - Coscol (HK) Investment and Development Co. has signed a contract with Guangzhou Shipyard International Co. for the construction of a new 90,000 dwt semi-submersible vessel.

  • News

    Gebr

    2014-07-10T00:00:00Z

    July 10 - Gebr

  • News

    Nicaragua Canal route unveiled

    2014-07-08T00:00:00Z

    July 8 - The Nicaraguan government and the company behind plans to build the proposed canal to link the Pacific and Atlantic, Hong Kong Nicaragua Development (HKND) Investment Co., have settled on a route.

  • News

    ThyssenKrupp steels the show

    2014-07-07T00:00:00Z

    July 7 - ThyssenKrupp Steel Europe has begun the modernisation of its Duisburg-Bruckhausen steel plant.

  • News

    Bahri-Vela merger approved

    2014-07-04T00:00:00Z

    July 4 - General cargo carrier National Shipping Company of Saudi Arabia (Bahri) has obtained the approval of its extraordinary general assembly to merge with the fleet and operations of Vela International Marine Limited.

  • News

    Outlook for air cargo stabilises

    2014-07-04T00:00:00Z

    July 4 - The International Air Transport Association (IATA) released data for global air freight markets showing air cargo growth accelerated in May, with 4.7 percent growth compared to a year ago.

  • News

    KVH acquires Videotel

    2014-07-04T00:00:00Z

    July 4 - KVH Industries has acquired Videotel, a market leader in the provision of maritime training services via video, animation, e-Learning computer-based training (CBT) and interactive distance learning courses.