Latest business news – Page 242
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PPG heads for Corpus Christi
July 7 - A record number of sponsors and over 100 freight forwarding executives from 34 countries are expected to attend the Project Professionals Group annual conference in Corpus Christi, Texas, later this month.
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Solid earth for PD Ports?
July 7 - Speculation continues about the future ownership of PD Ports with reports in the financial media suggesting that Terra Firma, a leading British buyout firm, is preparing a bid for the subsidiary of Babcock & Brown Infrastructure.
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Looking forward to Breakbulk in New Orleans
July 7 - New Orleans, the famous Big Easy, is the venue of the 20th Annual Breakbulk Transportation Conference and Exhibition, between October 13-15, 2009.
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Toll Group set to manage Gorgon Project's Barrow Island
June 30 - Toll Group, a leading provider of integrated logistics services, has won a A$180 million (USD145 million) three year contract from Chevron Australia Pty Ltd's (Chevron) to manage and provide logistics services for the Barrow Island Supply Base.
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DONG Energy acquires A2SEA in multi-million dollar deal
June 25 - Offshore wind power turbine installation contractor A2SEA, partly owned by heavy lift company Clipper Projects, has been acquired by UK-based DONG Energy for around USD 131 million.
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Swire Shipping cuts RTW services, focuses on Asia Pacific
June 22 - In a major restructuring of its regional and global network of liner shipping services and a decision to focus on the Asia - Pacific region, Swire Shipping is suspending its round-the-world multi-purpose liner services due to weak markets in the
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Rotterdam remains upbeat on prospects
June 18 - Despite the gloom about the state of the global economy, the Port of Rotterdam remains upbeat about prospects for breakbulk and heavy lift activities in the long term.
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Toll takes on Perkins
June 16 - The Toll Group has reached agreement for the purchase of 1000f the shares in Perkins Group Holdings Pty Limited, the parent of the Perkins Shipping Group. The conditions for the transaction include competition clearance.
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Rickmers anniversary marked in Hamburg
June 12 - A landmark anniversary for the Rickmers group of companies, including heavy lift liner shipping company Rickmers-Linie, is being marked by a family celebration and an international business symposium.
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SC&RA and NBIS strengthen property and casualty insurance cover
June 12 - The Specialized Carriers & Rigging Association (SC&RA) has worked with partner NationsBuilders Insurance Services (NBIS), an insurance underwriter for the heavy construction equipment and related transport industries, to form an alliance with To
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Collett invests in heavy lift equipment
June 11 - Collett Transport says that it continues to experience a significant demand for its specialist services, with the recession appearing to have little impact on a number of market sectors.
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Huge tanks demonstrate Colletts abilities
June 5 - R. Collett & Sons (Transport), one of the UK's leading heavy lift transport companies, says that despite the downturn in the market for heavy and over-dimensional cargoes, it is busier than ever.
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Mitsubishi Heavy targets higher sales
June 4 - According to a report on www.tradingmarkets.com Mitsubishi Heavy Industries Ltd is aiming to boost sales in the energy and environment fields to Yen3 trillion (USD31.19 billion) as early as fiscal 2012, up from the 2 trillion yen targeted for fis
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Trafinsa becomes Agility in Mexico
June 3 - Agility Logistics has acquired its longstanding partner in Mexico, Trafinsa, plus the company's US affiliate, Trafinsa International, to strengthen its presence in the country.
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Rate pressures facing conventional sector being seen by heavy lift operators
May 29 - Speaking at this week's Breakbulk Europe conference in Antwerp, Arie Peterse, managing director of BigLift Shipping suggested that shipping lines that focus on heavy lift and over-dimensional cargoes, blessed with many years of capacity shortages
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Upbeat assessment of industry fundamentals
May 28 - Presenting on the opening day of the Breakbulk Europe conference in Antwerp, keynote speaker Dirk Visser, senior shipping consultant with Dynamar BV forecast that operators of multi-purpose and heavy lift vessels would weather the current economi
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Bollore Logistics sets sail
May 27 - French Industrial and transport organisation, the Bollore Group has created the Bollore Logistics brand to assist the group's commercial brands in their development.
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Wind of change blows through Lowestoft's port
May 21 - According to Associated British Ports, the Port of Lowestoft will become the operations centre for the Greater Gabbard Offshore Windfarm which, when completed, will be the world's largest offshore windfarm.
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ASCO Enters Asia Pacific Market
May 20 - ASCO, the Aberdeen based oil and gas logistics specialist, has entered the Asia Pacific market with the opening of ASCO Freight Management in Singapore.
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Dutch dredging company still interested in parts of SMIT
May 18 - In its latest trading update, Dutch dredging company Boskalis has made it clear that it is still interested in acquiring parts of SMIT International.