Latest business news – Page 195
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Logwin strengthens Southern China presence
December 19 - Luxembourg-headquartered Logwin has opened a new office in southern Chinese city, Shantou; its fourth in China this year.
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Boskalis revises Dockwise offer
December 17 - Royal Boskalis Westminster has revised its voluntary offer for all remaining shares in Dutch shipping company Dockwise - upping its bid by 5 percent to EUR18 per share.
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Clipper Steel Services celebrates its 20th anniversary
December 14 - Since it was formed In November 1992, Clipper Steel Services has made more than 800 voyages and says that 2012 will be a record year with more than 70 sailings from Europe to USA/Mexico.
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Peel Ports secures refinancing deal
December 14 - UK port group, Peel Ports has successfully completed a GBP1.6 billion refinancing deal in order to fund its future growth plans.
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NYK-Hinode and NYK Global Bulk to merge
December 14 - Tokyo-headquartered shipping line Nippon Yusen Kaisha (NYK) has announced that two of its wholly-owned subsidiaries - project and heavy cargo shipping line NYK-Hinode Line (Hinode), and bulk carrier NYK Global Bulk Corporation (NGB) - have a
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THE FRIDAY FLYER - DECEMBER 14TH 2012
As 2012 draws to its close, HLPFI staff and Friday Flyer readers around the world are wondering what 2013 will bring in the business of heavy lift and project cargo.
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STX Pan Ocean stake up for grabs?
December 13 - According to reports on the Bloomberg website, South Korea's STX Group is considering the sale of its shareholding in STX Pan Ocean Co, South Korea's largest dry bulk ship operator, as part of a scheme to raise finance via asset sales to red
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USD420 million contract for Keppel in Mexico
December 13 - Marine manufacturer Keppel FELS - a subsidiary of Keppel Offshore & Marine Limited - has won a USD420 million contract to build two KFELS B Class jackup rigs for PEMEX Exploracion y Produccion, a subsidiary of Mexico's national oil company P
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Order for second jack-up vessel cannot currently be filled
December 13 - The proposed deal for Netherlands-based shipbuilder VeKa Group to take over financially troubled Sietas shipyard, Hamburg, first mooted in June this year, has failed to be completed.
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Air Charter Service expresses confidence in Kazakhstan
December 13 - At the end of November, UK-headquartered international charter broker, Air Charter Service (ACS), opened a new branch in Almaty to serve Kazakhstan and the CIS region.
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COSCOL confirms price paid for Guangzhou Ocean Shipping
December 12 - Further to our report from earlier this week, COSCO Shipping Company (COSCOL) has advised that its acquisition of 100 percent of the shares in Guangzhou Ocean Shipping from China Ocean Shipping (Group) Company on December 5, was completed wi
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COSCOL confirms price paid for Guangzhou Ocean Shipping
December 12 - Further to our report from earlier this week, COSCO Shipping Company (COSCOL) has advised that its acquisition of 100 percent of the shares in Guangzhou Ocean Shipping from China Ocean Shipping (Group) Company on December 5, was completed wi
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Cosco Shipping confirms acquisition plans
December 11 - COSCO Shipping Company (COSCOL) has confirmed that it plans to acquire full equity of Guangzhou Ocean Shipping from COSCO Group.
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Boskalis offer undervalues Dockwise, says Board
November 30 - Some 25 percent of Dockwise shareholders are dissatisfied with the price offered by Royal Boskalis Westminster (Boskalis) earlier this week, says the company that has gone from diner to dinner.
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Port of Corpus Christi promotes Frank Brogan to managing director
November 29 - The Port of Corpus Christi - the fifth-largest port in the United States - has announced that Frank Brogan, former deputy port director - engineering, finance and administration services, has been installed as managing director, effective im
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ETAL invests in fleet expansion
November 29 - Egyptian Transportation and Logistics (ETAL), a subsidiary of Egytrans, has recently doubled its fleet with the acquisition of a new Scheuerle hydraulic low-bed with 40 axles, three MAN tractors and two Scheuerle turn tables.
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UKMPG chairman damns red tape
November 28 - In a speech made last week, UK Major Ports Group (UKMPG) group chairman and Forth Ports CEO, Charles Hammond, criticised excessive regulation that has been imposed on the industryfrom the UK and the European Union.
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Agility achieves AEO-F status in Hungary
November 26 - Agility, the Kuwait-headquartered logistics services providers, has been achieved Authorized Economic Operator full (AEO-F) status in Hungary.
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APM Terminals reveals Nigerian mega-port proposal
November 23 - APM Terminals and a number of consortium partners, has revealed plans to develop a new greenfield mega-port project and Free Trade Zone at Badagry in Nigeria's Lagos State, some 55 km west of Apapa and the Port of Lagos on the Benin-Lagos Ex
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Logwin grows in China
November 22 - Luxembourg headquartered global logistics services provider Logwin is continuing to expand its network of locations in China, with the opening of new sales offices in the industrial city of Wuhan in Central China as well as in Zhongshan in t