Latest business news – Page 244
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Mundra Port builds project cargo capabilities
April 15 - India's Mundra Port and Special Economic Zone Ltd (MPSEZL) is developing as a facility for the handling of over dimensional and heavy project cargoes in India.
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Specialized Carriers & Riggers announces Financial & Risk Management Forum
April 15 - The Specialized Carriers & Rigging Association (SC&RA) will hold its 2009 Financial & Risk Management Forum at the Omni William Penn in Pittsburgh, Pa. on August 19-20.
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Atlantic Street Capital Acquires EZE Trucking
April 9 - Atlantic Street Capital, a private equity firm with a focus on lower middle-market special situation and deep value investments, has acquired EZE Trucking, a leading provider of specialist logistics services for the infrastructure market.
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WWPC off to Frankfurt
April 6 - Heavy lift and project forwarder network, WWPC, will hold its 9th annual conference at the Westin Grand Hotel in Frankfurt, between May 28-30.
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Historic UK shipyard equipment sails for India
April 6 - The end of era is truly at hand, with the UK's Port of Tyne witnessing the final departure of the Swan Hunter floating drydock, which Fairstar Heavy Transport, working with Offshore Heavy Transport AS (OHT) successfully loaded at the weekend, al
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Noble Denton joins Germanischer Lloyd Group
April 3 - Noble Denton and Germanischer Lloyd have merged to form a fully integrated technical assurance and consulting company to serve the worldwide energy industries.
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What's happened to trade credit? asks International Chamber of Commerce
April 2 - The International Chamber of Commerce is urging the G20 nations to take action to fight protectionism and support trade finance to keep trade flowing.
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Record results now 'history' for TBS
April 1 - Whilst profits doubled for TBS International last year, the company is confronting an opaque market in 2009.
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Mediterranean Project Chartering on the move
March 27 - Mediterranean Project Chartering (MPC), the wholly-owned subsidiary of BBC Chartering & Logistic, is moving head office in Genoa.
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Singapore Harbour shows sign of the times as capacity laid up
March 26 - A colleague was taken aback when he saw the images of the ships laid up at Singapore Harbour because falling demand has made them unprofitable to operate.
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Agility revenues up
March 25 - Agility has reported profits of US$526 million in 2008, compared to US$531 million in 2007, while revenue rose 16 percent to US$6.8 billion.
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Global and African freight forwarding networks form alliance
March 19 - Project cargo network, Project Professionals Group (PPG) and Lagos-based African freight forwarding group African Cargo and Logistics Alliance (ACLA) have announced an informal strategic alliance.
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Cartagena refinery expansion on hold after finance failure
March 16 - Glencore International has failed to provide promised funding for the USD2.8 billion expansion of Colombia's second largest refinery in Cartagena.
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Younger Niche assists in Angolan investment
March 16 - A liquid gas plant in Soyo, Angola has been regularly receiving shipments of structural steel and cement from Younger Niche's project forwarding division.
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Port Services Group delivers multi-million pound crane delivery
March 16 - A massive GBP4.5 million (USD6.2 million) investment by Port Services Group has brought the largest mobile crane ever to be based in Scotland to the group's Aberdeen operations.
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Kuehne + Nagel strengthens capabilities in oil and gas logistics
March 09 - Subject to the approval of relevant authorities, Kuehne + Nagel has agreed to take over J. Martens Holding AS, headquartered in Bergen, Norway, a leading service provider in the oil and gas industry.
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Heavy lift and transport helps Smit exceed 2007's record results
March 06 - Rotterdam-based Smit Internationale has enjoyed bullish results in 2008, thanks in part to heavy lift and transport activities, achieving the marked increase in net results for the second half of 2008 that was predicted in August last year.
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Russian project forwarder announces merger
March 06 - Project freight forwarder STS Logistics says it intends to merge with RLS to create one of the largest independent logistics providers in Russia.
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Exports to fall in 2009, warns WTO director general
March 06 - The WTO did not succeed in reaching a final agreement on modalities for agriculture and industry - two key pillars of the Doha Round - at the end of last year, WTO director general Pascal Lamy told a press conference in Canberra.
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Hamilton steels itself
March 04 - In light of yesterday's news that U.S. Steel Corp., the largest U.S.- based steelmaker by sales, is idling most of its operations in Canada and laying off 1,500 workers because of falling demand, Hamilton Port Authority is committing to redoubl