Latest business news – Page 241
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ASCO adds to European network with Dutch operation
August 12 - ASCO Group Limited (ASCO) has announced a joint venture with the Maritime Service Centre IJmond (MSCIJ) Group of Companies in Holland.
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Vestas factory closure threatens turbine shippers
August 12 - Carriers and project forwarders involved in the shipment of wind turbines may have been dealt a blow today with the news that Vestas Wind Systems is to close its blade factory on the Isle of Wight, UK.
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Rickmers-Linie establishes UK liner agency
August 11 - Hamburg-headquartered Rickmers-Linie GmbH & Cie KG, specialist in the transport of breakbulk, heavy lift and project cargoes, and Escombe Lambert Holdings Ltd have established a new liner agency company in the UK, Rickmers-Linie Agency Ltd.
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Russian forwarder sees wind power potential
August 10 - Russia could breathe new life into the country's project forwarding sector by investing in wind power technology, according to one local operator.
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Gottwald's going Poti
August 7 - The Black Sea port of Poti in Georgia has ordered two HMK 260 E mobile harbour cranes from Gottwald Port Technology GmbH (Gottwald).
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Unlucky 13 for falling airfreight demand
August 6 - Maindeck and bellyhold project airfreight suffered a double-digit fall year-on-year in June as the global economic crisis continues to hurt high and heavy project activity.
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Results show times are tough
August 6 - A raft of Q2 and H1 2009 results published in the last few days has demonstrated a very clear trend in the industry that has reflected the wider global picture: while all companies are down, US-based companies are more down than the rest.
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Fleet additions lift Fairstar Heavy Transport
August 5 - In its second quarter results, Fairstar has reported continued increases in revenue and profitability, and reduced debt.
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Dockwise Yacht Transport to join forces with Yacht Path International
July 30 - Dockwise's wholly owned subsidiary Dockwise Yacht Transport (DYT) is to merge with Yacht Path International Inc to create a new force in premium yacht transport.
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Terex finalises Fantuzzi deal.
July 29 - Terex Corporation has completed the acquisition of the port equipment businesses of Fantuzzi Industries and Noell Crane for around Euros 155 million.
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New shareholders for EUROPORTS
July 29 - Luxembourg-based port operator EUROPORTS has two new shareholders.
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CH2M HILL VP to deliver key Breakbulk conference address
July 29 - John F. Mika, senior vice president Procurement at CH2M HILL, will deliver the keynote speech at the 20th Annual Breakbulk Transportation Conference and Exhibition which will take place between October 13th and 15th at the Ernest N. Morial Conve
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SAL commissions two heavy lift vessels
July 27 - SAL - Schiffahrtskontor Altes Land, has placed an Euros 120 million order with the Sietas shipyard for the construction of two heavy lift vessels to be built in the Hamburg Neuenfelde shipyard.
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20th Annual Breakbulk USA Transportation Conference and Exhibition
July 23 - All Eyes are now focused on New Orleans, as the 20th Annual Breakbulk Transportation Conference & Exhibition will return from October 13th to 15th 2009 at the Ernest M. Morial Convention Center.
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Russia to resume production of world's largest airplane
July 23 - Reports in the Russian media suggest that production of the Antonov An-124, the largest commercial aircraft to be mass-produced, could be about to recommence.
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Ainscough Crane Hire promotes from within
July 21 - Ainscough Crane Hire, one of the UK's largest crane hire operators has announced recent changes within its senior team.
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Kuehne + Nagel doesn't expect market recovery just yet
July 20 - Kuehne + Nagel says that its half-year results confirm the Group's dual strategy of counteracting the economic crisis through strict cost management and a commitment to market share expansion.
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Expeditors predicts plummeting profits
July 14 - Expeditors International is forecasting a 33 0.000000all in profits through the company's second quarter of 2009, despite a slight upturn in traffic volumes.
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PPG and Shippingchina link up
July 14 - Project freight forwarding network, the Project Professionals Group and Shippingchina have announced an informal strategic alliance.
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Kuehne + Nagel opens Chongqing office
July 9 - Kuehne + Nagel has opened a new branch office in Chongqing in central China and confirmed that it will be involved in the management of project cargoes with inquiries being organised in close coordination with the company's project competence cen