Latest business news – Page 233
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Boskalis and Smit announce merger
November 12 - Royal Boskalis Westminster nv (Boskalis) and Smit Internationale nv (Smit) have reached agreement on a full merger of the two companies, whereby all the activities of Smit will be continued in the combined company (the Group).
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Singapore hosts project cargo training course
November 10 - Singapore's reputation as one of the busiest transportation hubs in the world and its strategic location makes it an ideal venue for an international training course designed to fast track skills in project cargo management.
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Multitrade Spain supports public transport investments
November 9 - Barcelona-based project cargo forwarder Multitrade Spain, a member of the Cargo Equipment Experts (CEE) network, has been involved in a range of heavy lift movements associated with passenger infrastructure projects in North Africa and South
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Toll completes hat-trick of 2009 acquisitions
November 9 - Australian-based Toll Group has acquired Logistic Distribution Systems (LDS), one of the leading privately-owned international freight forwarding companies in the United Arab Emirates (UAE).
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Wilh. Wilhelmsen sees slight rise in cargo as Q3 net profit stumbles
November 4 - Norway's Wilh. Wilhelmsen group had a Q3 2009 net profit of USD30.1 million compared to USD37.6 million in Q3 2008.
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Volga-Dnepr Airlines wins BACA award
November 4 - Volga-Dnepr Airlines has been voted 'Best Cargo Charter Airline of the Year 2009' by the Baltic Air Charter Association (BACA).
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BBC box comes full circle
October 29 - Whilst HLPFI focuses on heavy and OOG cargoes, its worth remembering that a sizeable proportion of project cargo moves in standard containers.
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Forwarders see volumes up, but profits down
October 28 - Two of the world's largest transport and logistics companies, both with a significant presence in the movement of heavy and OOG project cargoes have reported significant increases in transport volumes in the third quarter of 2009 compared to
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Freight by Water AGM & Regional Seminar
October 27 - The Freight by Water organisation will be holding their AGM and Regional Seminar next month.
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Collett invests
October 20 - Collett Transport has recently taken delivery of a new, bespoke 110-tonne lift capacity straddle carrier at its MISTRAL Point, Heavy Lift Terminal at Goole in the UK.
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USD250 million funding target for Dockwise as 3i sells stake
October 19 - Dockwise has announced that it will seek to raise up to USD250 million in fresh equity to pay off debt and prepare for future growth.
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Cost control boosts Dockwise profits
October 19 - Dockwise recorded a 83.6 0ncrease in net profit to USD8.1 million for the third quarter, thanks to tighter cost control as revenue growth slowed amid subdued market conditions. Compared to the third quarter of 2008, revenue grew 12.4% to USD1
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A less rosy future for project cargoes?
October 15 - Having escaped the headline-grabbing drop in traffic levels suffered by the container shipping lines over the last two years, the prospects for the multipurpose, heavy lift cargo shipping is looking a little less rosy, writes James Graham.
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20th Annual Breakbulk Transportation Conference & Exhibition
October 14 - All eyes are now focused on New Orleans where many of the world's heavy lift and project forwarding community is gathered for the 20th Annual Breakbulk Transportation Conference and Exhibition.
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Projects group strengthens supply chain networks
October 13 - The Project Professionals Group (PPG) is getting a positive response from supply chain service providers to an initiative to expand membership categories.
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DSV drops interim name to return to old identity
October 12 - Just 13 months after the corporate merger of DSV Air & Sea and ABX Logistics Air & Sea, described at the time by mangers as "the perfect match", the expanded company will now officially be known, with immediate effect, as DSV Air & Sea GmbH.
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Antwerp welcomes dredging go-ahead
October 12 - Antwerp Port Authority has given a warm welcome to the Dutch government's implementation of the treaty on deepening the Scheldt estuary, hailing it as an important step. However, managers are keeping the Champagne on ice until the dredging is
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Boeing approached with large B747-8F order
October 12 - Global HeavyLift Holdings a Florida-based, US Defense Logistics Agency-listed air transport provider with offices in Michigan and Chicago, is putting forward the submission of an RFP (Request For Proposal) to Boeing outlining a requirement fo