Latest business news – Page 179
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Consistent results for Toll
February 19 - Transport and logistics provider, Toll Group, has revealed that its revenue for the six months ended December 31, 2013 was in line with the year before at AUD4.5 billion (USD4.05 billion).
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Port projects planned at Longview
February 18 - The Port of Longview has stated that in 2014 it plans to continue the redevelopment of Berth 4, as well as invest in the port's first mobile harbour crane.
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Panama reaches initial deal to resume canal expansion
February 14 - Reports in the international media suggest that the outline of a deal has been reached towards ending a lengthy budget dispute over the stalled project to expand the Panama canal.
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Cautious optimism from WWH
February 13 - Wilh. Wilhelmsen Holding ASA (WWH) has seen a positive growth in deep sea volumes transported and the group's maritime services segment for the fourth quarter of 2013.
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Concerns about new Australian heavy vehicle law
February 13 - Australia's National Heavy Vehicle Regulator (NHVR) is working closely with the industry to address concerns about the length of time it is currently taking to issue permits for heavy haulage operators.
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Pella buys Sietas
February 12 - As of March 10, 2014, Russia's Pella Shipyard is taking over the Sietas shipyard in Hamburg.
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New Spanish office for WWL
February 12 - Wallenius Wilhelmsen Logistics (WWL) has opened a new branch office in Barcelona to support its growing customer business in Spain.
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Heavy lift growth at Tiong Woon
February 12 - Tiong Woon Corporation Holding Ltd has posted a net profit increase of 46 percent at SGD13.4 million (USD10.6 million) for the six months ended December 31, 2013.
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NCSG acquires Mullen
February 10 - Edmonton headquartered NCSG Crane & Heavy Haul Services has acquired the Calgary based Mullen Rigging and Industrial Services Inc.
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High five for Indian ports
February 6 - The Cabinet Committee on Economic Affairs (CCEA) has approved the proposal of four new container terminal projects and one multipurpose cargo berth project.
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Saudia Cargo maintains solid performance in 2013
February 4 - Saudia Cargo continues to perform well despite the difficult economic climate, comments Nabil Khojah, ceo of the standalone air freight business of Saudi Arabian Airlines.
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OXL seeks to reassure creditors
February 5 - Just over one month since it filed for creditor protection, Zeebrugge-based heavy lift and multi-purpose shipping line OXL it is confident that it will meet the May deadline set by the Belgian court to restructure its business and satisfy cre
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M&M bank gets go ahead
February 3 - Maritime & Merchant AS (M&M) has received regulatory approval to operate a private bank in Norway, which will be dedicated to meeting the funding needs of owners active in the shipping and offshore industries worldwide.
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C.H. Robinson enters Austria
January 30 - C.H. Robinson has expanded its office network across Europe with the opening of its newest office in Innsbruck, Austria, which will focus on European road transportation.
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NMT gains first Terex model
January 29 - Bedfordshire based NMT Crane Hire has taken delivery of the first ever 220-tonne capacity Terex Explorer 5800 all terrain crane, to replace its existing Terex AC 200-1 model as part of the company's ongoing investment programme.
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Another good year for Liebherr
January 29 - Liebherr reports that sales of mobile harbour cranes (LHM) have once more contributed strongly to its overall success in 2013.
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Crane trio gives SOHAR a lift
January 28 - SOHAR Port and Freezone has received three new post-Panamax ship-to-shore gantry cranes from Chinese crane manufacturer ZPMC.
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Severe disruption in Queensland, warns ISS
January 28 - Inchcape Shipping Services (ISS) has advised that adverse weather conditions are causing port disruptions, closures and evacuations in North Queensland, Australia.
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Appropriations bill to support US seaports
January 22 - The American Association of Port Authorities (AAPA) has noted that several high priority programmes crucial to safe, efficient and competitive operation of American seaports are included in the USD1.1 trillion Consolidated Appropriation Act o