Latest business news – Page 185
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Macalloy Terminal seeks private investors
August 29 - Jones Lang LaSalle (JLL) is marketing the Macalloy Intermodal Terminal and Break-bulk Park for private infrastructure investment and terminal operating interests.
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Imperial on the up in 2013
August 28 - Johannesburg, South Africa headquartered freight forwarder Imperial Logistics has issued its financial results year ending June 30, 2013 (FY2013), showing revenues of RND34 billion (USD3.26 billion), up 21 percent year-on-year over FY2012.
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Drewry says Korean liner shipping companies under severe stress
August 28 - Drewry Maritime Equity Research (DMER) has issued a report which paints a dire picture for Korean container shipping companies.
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DFDS christens ro-ro newbuild
August 27 - Danish shipping line DFDS has named the first of two newbuild ro-ro vessels at the Volkswerft Straisund shipyard in Germany.
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Tiong Woon performs strongly in 2013
August 27 - In its financial year 2013 (FY2013) results, Singapore headquartered Tiong Woon Corporation saw revenue rise 36 percent year-on-year over FY2012 to SGD200.5 million (USD156.2 million). Net profit during FY2013 equated to SGD17.6 million (USD13
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Dragon Dream passes government tests
August 23 - California, USA headquartered Aeros - developer of Aeroscraft, an innovate rigid air vehicle capable of transporting heavy cargoes - has seen its prototype aircraft Dragon Dream pass all Pentagon and NASA tests, set out under the Project Pelic
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Damco sees red in H1 2013
August 22 - Freight forwarder and logistics services provider Damco has posted revenues of USD1.53 billion for the first half of 2013, up 0.6 percent year-on-year.
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UK logistics firms miss tax breaks
August 21 - UK headquartered business advisory Baker Tilly says that smaller transport and logistics firms operating in the UK may be missing out on tax breaks resulting from research and development (R&D).
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Ground broken on Turkmenistan seaport
August 20 - The government of Turkmenistan has launched a USD2 billion project to build a new port on the Caspian Sea - the International Seaport City of Turkmenbashi.
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Hamburg sees H1 growth
August 19 - The Port of Hamburg, Germany has achieved above average growth and strengthened its market position during the first half of 2013.
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Boskalis on the up in 2013
August 16 - Royal Boskalis Westminster - the Netherlands headquartered marine contractor - has issued its H1 2013 performance figures reporting a net profit of EUR123 million (USD164 million), up from EUR102 million (USD136.11 million) in H1 2012.
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Entrec sees strong growth
August 13 - Entrec Corporation - an Alberta, Canada headquartered provider of heavy lift and heavy haul services - has issued its financial results for the three months ending June 30, 2013 (Q2 2013).
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NEAS acquires MPV
August 12 - Iqaluit, Canada headquartered shipping line NEAS has taken delivery of its newest multipurpose vessel - Mitiq - which will be deployed on services to Canada's isolated Arctic communities.
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Kerry buys Cargo Master's Group
August 12 - Hong Kong headquartered logistics services provider Kerry Logistics has acquired a majority stake in Cargo Master's Group (CMG) - a Mexico based logistics and freight forwarding concern.
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Wilh. Wilhelmsen results up on previous quarter
August 9 - Wilh. Wilhelmsen Holding ASA (WWH) has issued its results for the second quarter of 2013.
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PCN celebrates 3rd birthday
August 9 - The Project Cargo Network (PCN) is celebrating its third anniversary. Today, PCN has an international presence that includes 197 members spanning more than 700 worldwide offices in 93 countries.
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The Friday Flyer - August 9th 2013
The new VAT rules issued by Beijing applicable to ocean transport services is in danger of turning into an exercise of Chinese whispers as confusion reigns among shipping lines.
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Agility sees strong Q2
August 7 - Kuwait headquartered logistics services provider Agility has issued its financial results for second quarter of 2013.
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Public/private plan to grow UK offshore wind
August 7 - The UK government and business have come together to publish a long-term plan that aims to strengthen the UK's position in the offshore wind industry - The Offshore Wind Industrial Strategy.