Latest business news – Page 211
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SUMO-Shipping sets sail
March 13 - The heavy lift shipping industry is set to welcome a new kid on what most would describe as a pretty overcrowded block.
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Deutsche Post - DHL says it is on target
March 12 - In its financial results announced last week, Deutsche Post - DHL (DP-DHL) reported an "on target" performance for its full year and last quarter 2011.
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Art for art's sake
March 8 - An artwork, Max Bill's 66 tonne sculpture 'Continuity', has been lifted into place by a Terex mobile crane - but not an ordinary crane. It was the 200th unit of the AC 500-2 delivered from the Terex Cranes facility in Zweibr
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Panalpina reports a successful 2011
March 7 - The Panalpina Group, which handles project cargo through its Panprojects division, can look back on a successful 2011 after further expanding its profit margins and achieving a consolidated profit of USD 138.3 million.
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Fairstar Heavy Transport returns to profit in Q4
March 2 - Fairstar Heavy Transport has recorded an operating profit in its Q4 2011 results of USD884,000 on revenues of USD9.5 million.
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Tokyo MOU highlight perils of poor maintenance warns Cargo Care
March 2 - A recent state inspection campaign that raises concerns over multiple problems with hatch openings should be welcomed by the industry, is the message from Peter Peltenburg, group director of Cargo Care Solutions.
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Wilhelmsen Ships Service extends capabilities in South America
March 2 - Wilhelmsen Ships Service (WSS) is keen to extend its reach in South America amid predictions that industry growth will focus on the offshore sector.
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Gulf Stream Marine recapitalised
March 2 - The CapStreet Group, LLC and Crutchfield Capital Corporation has reported the majority recapitalisation of Gulf Stream Marine, Inc by CapStreet Group. Crutchfield served as the exclusive financial advisor to Gulf Stream Marine throughout the tra
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Jade Cargo in deal with UniTop
March 1 - Jade Cargo, which grounded its fleet in January, came closer to flying once more after its owners agreed to work with UnitTop Group, a Chinese transportation company, to restructure the troubled carrier.
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Chinese market coming of age
March 1 - US management consulting firm A.T. Kearney is "very optimistic" about the prospects for China's breakbulk market, saying important structural changes in the country's economy and a growing sophistication among Chinese shippers suggest opportunit
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Port of Liverpool invests in ro-ro tractors
February 29 - Peel Ports has invested in operational equipment at the Port of Liverpool in the shape of new Terberg RT 283 Tractor units that it says are renowned for their capability of carrying out heavy work under demanding conditions.
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February 29 - AVEVA has opened a new office in Charlotte, USA, to support the growing global nuclear energy market.
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Drewry Maritime Research opens for business in Shanghai, China.
February 27 - Drewry, one of the leading independent advisory and analytical research organisation in the maritime sector, and a regular editorial contributor to HLPFI, has announced the opening of a new office in Shanghai.
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HOCHTIEF to build another special-purpose wind farm ship
February 24 - HOCHTIEF Solutions has commissioned the construction of a further heavy-lift jack-up vessel from the Crist shipyard in Poland for the installation of offshore wind farms.
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ASCO to build and operate Darwin marine supply base
February 24 - Oil and gas logistics company, ASCO, has been awarded the contract to build and operate a marine supply base in Darwin, Australia.
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Safmarine welcomes first of three new WAFMAX vessels
February 21 - Safmarine has taken delivery of the 4,500 teu Safmarine Chilka, the first of three new Safmarine-branded WAFMAX containerships to join the A.P Moller-Maersk fleet in 2012.
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BBC Chartering starts Euro-Asia service
February 21 - BBC Chartering has started a new liner service connecting Europe and Asia.
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2012 conference on health and humanitarian logistics announced
February 21 - The main objective of the 2012 Conference on Health and Humanitarian Logistics, which will be held in Hamburg, Germany, from March 21-23, is to bring together all relevant stakeholders of humanitarian response and global health care at a neu
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Widdows to take over from Steffens at Rickmers
February 16 - After ten very successful years with the Rickmers Group and especially, with Rickmers-Linie, Jan B Steffens will, by 31 March 2012, step down from the twin positions of CEO of Rickmers Holding and of Rickmers-Linie although he will continue