Latest business news – Page 183
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Italian banks support Fagioli
October 29 - Fagioli has secured new credit facilities from the group's existing pool of main Italian banks to support a three-year international growth plan and investments in new equipment.
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Charles Gee group in administration
October 22 - UK haulage and shipping group Charles Gee has called in restructuring firm FRP Advisory after suffering acute cashflow pressures following years of tough trading.
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High cube container use is growing
October 22 - Shipper demand for 40 ft high-cube containers is still increasing, creating stowage problems for ocean carriers and analytical difficulties for trade forecasters using teu measurements.
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Hopes raised for Seine-Scheldt link
October 21 - France, the Netherlands and the Belgian regions of Flanders and Wallonia have signed the 'Declaration of Tallinn' in which they promise to undertake "all necessary steps" to bring the planned construction of the high capacity Seine-Nord Europ
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Boeing to slow production rate of 747-8
October 21 - Citing lower market demand for large passenger and freighter aircraft, Boeing is reducing its 747-8 production rate from 1.75 aircraft to 1.5 per month through 2015.
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Dockwise Yacht Transport sold
October 18 - Royal Boskalis Westminster (Boskalis) has sold Dockwise Yacht Transport (DYT) to Amsterdam-based Sevenstar Yacht Transport, which is part of the Spliethoff Group.
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Terex goes underground
October 17 - A total of 18 Terex CTT flat top tower cranes are assisting in the construction of the City Circle Line, the fourth and final phase of the construction project for the Copenhagen Metro in Denmark.
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Kran Wind invests in Nooteboom
October 16 - German company, A.M. Kran Wind GmbH has purchased three of Nooteboom's latest three-axle Super Wing Carriers.
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Bank on us, say Maritime & Merchant founders
October 11 - Bloomberg is reporting that a trio of shipping, offshore and finance professionals based in Norway are planning to set up a new bank to focus on the funding requirements of owners and operators active in the global shipping and offshore indus
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BWS acquires ACi
October 11 - Denmark headquartered Blue Water Shipping (BWS) has strengthened its position in the Nordic transport market following its acquisition of Swedish freight forwarder, ACi Transport & Spedition, based in Malm
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Airbus forecasts global freighter growth
October 11 - Aircraft manufacturer Airbus has released its latest Cargo Global Market Forecast, highlighting how it sees the market for freighter aircraft developing over the next 20 years.
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Dockwise to lift Concordia wreck
October 10 - Netherlands headquartered heavy lift shipping line Dockwise has been awarded the contract to load and transport the sunken vessel Concordia, offshore Isola del Giglio in Italy.
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Air Partner: freight struggles
October 10 - London headquartered air charter broker Air Partner has released its results for the 12 months ending July 31, 2013.
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PEMA adds Nooteboom capacity
October 9 - Herzberg am Harz, Germany based PEMA Truck & Trailer hire has added several new Nooteboom semi low-loaders to its hire fleet.
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Arctic Circle attracts key industry figures
October 8 - Industry leaders, key government figures and other significant stakeholders will gather to discuss critical Arctic issues such as climate change, economic development and new shipping lanes at the inaugural Arctic Circle assembly, October 12-1
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Scandinavian Shipping and Neptumar merge
October 8 - Scandinavian Shipping & Logistics AB - owned by Sweden's Greencarrier AB - has merged with Neptumar AB, owned and operated by the German transport group Menzell & D
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Terex team in stadium build
October 7 - A trio of Brazilian crane rental and construction firms are using their combined expertise, along with a fleet of Terex machinery, to build the 45,000 capacity Arena da Amazonia stadium in Manaus.
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Panama Canal widening may slow US East Coast container transit
October 3 - Project cargo forwarders handling containerised cargo through US East Coast ports may find the arrival of larger box ships following the expansion of the Panama Canal actually slows down the transit of their boxes through ports along the Easte
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Energy industries association confirms CEO
October 2 - At the Energy Industries Council (EIC), interim ceo Claire Miller has been confirmed as the trade association's permanent ceo.
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Etihad Rail and National Air tie-up
September 30 - Developer and operator of the UAE's national railway network, Etihad Rail, and USA based provider of on-demand air charter services National Air Cargo, have signed a memorandum of understanding (MoU) that will see the latter incorporate rai