Latest business news – Page 188
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Countdown to Gas and Oil Expo
June 6 - 20,000 visitors and more than 500 exhibitors will gather in Canada's energy capital, Calgary, next week for the 2013 Gas and Oil Expo.
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ICS lobbies for unified Arctic approach
June 6 - Board members from the International Chamber of Shipping (ICS) have met with ministers from shipping nations around the world and the secretary general of the International Maritime Organization (IMO), to discuss Arctic shipping.
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DLT to build 5,000 tonne jacking system
June 6 - UK headquartered Dorman Long Technology (DLT) has been awarded a contract by China Petroleum First Construction Company (CPFCC), based in Henan Province, for the design and supply of a modular jacking tower system.
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Tiong Woon incorporates Myanmar subsidiary
June 4 - Singapore headquartered Tiong Woon Corporation Holding (TWCH) has incorporated its wholly-owned subsidiary in Myanmar - Tiong Woon Myanmar Company Limited (TWMCL).
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Costs could rise USD500 billion, says ICS
June 4 - The shipping industry faces USD500 billion in additional costs as a result of impending environmental legislation, says the International Chamber of Shipping (ICS).
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AP freight division continues to struggle
June 4 - UK headquartered charter broker, Air Partner, has issued its interim management statement for FY 2013 - as its freight division continues to struggle in the face of weak global demand.
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EIB funds Lithuanian Railways
June 3 - The president of the European Investment Bank (EIB), Werner Hoyer, has signed a EUR50 million (USD65.2 million) loan agreement with Lithuanian Railways for the acquisition of new rolling stock.
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Efficiency more important than ever, says WSS Japan
May 31 - With shipowners and vessel operators facing a combination of increased regulation and pressure on budgets, the cost of products and services is more crucial than ever, according to Yoshihiro Iizuka, general manager of Wilhelmsen Ships Services (W
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Globalink - domestic and international projects
May 30 - Globalink Logistics Group - a member for the Worldwide Project Consortium (WWPC) representing Kazakhstan - has shipped a 50-tonne separator from the country capital Kyzyl Orda to Zheskasgan.
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Shipping lobby calls for balance on environment
May 29 - Speaking at the recent OECD International Transport Forum in Leipzig, Germany, the International Chamber of Shipping (ICS) said that the cost of environmental protection threaten sustainable shipping.
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TT Club calls for improved packing standards
May 29 - Higher levels of training to maintain and improve the expertise of those employed by shippers, consolidators, warehouses and depots to pack containers is now a primary objective of a number of current industry initiatives.
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Lower Saxony ports exhibit strengths
May 28 - Seaports of Niedersachsen - an association of nine Lower Saxony, Germany based ports including Brake, Cuxhaven, Emden, Leer, Nordenham, Oldenburg Papenburg, Stade and Wilhelmshaven - has visited a number of leading trade shows to exhibit its serv
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Subsea 7 orders new heavy construction vessel
May 28 - Subsea 7 has signed a contract for a new heavy construction vessel, set for delivery in 2016.
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Solid Q1 for Subsea 7
May 28 - Luxembourg registered offshore engineering company Subsea 7 has released its first quarter 2013 results, for the three-months ending March 31, 2013.
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German trio research offshore crane tech
May 24 - Hochseeoperationen mit Kranen (HoOK) [Offshore Operations with Cranes] - a German joint project between Hamburg University of Technology, offshore engineer Mareval AG Hamburg and maritime engineers HeavyLift@Sea - has been launched to research an
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Asia-Pacific O&G outlook positive
May 24 - According to GL Noble Denton, large-scale oil and gas projects in Australia will drive growth across the industry in the wider Asia-Pacific region.
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The Friday Flyer - May 24th 2013
The global dash for gas and an oil price that remains resolutely north of USD100 a barrel has powered Australian megaprojects for oil and gas exploration and exploitation, according to a report from industry consultant GL Noble Denton.
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Damco sees revenue and gross profit gains
May 23 - Damco has reported a 6 percent year-on-year revenue increase in Q1 2013 to USD773 million; with gross profit growing 5.4 percent to USD195 million. However, earnings before interest and tax during Q1 2013 totaled USD9 million - down 30.7 percent
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Another record-breaking year at BWS
May 23 - Blue Water Shipping (BWS) has for a third consecutive year achieved record-breaking profit levels.
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Strike action threat at Cargolux
May 23 - A number of media outlets have reported that staff at Cargolux Airlines International have encouraged their unions to enter into a conciliation process - the first step towards full-scale industrial action.