Latest news – Page 618
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Rumours fuel OOCL share price rise
January 13 - The share price of Orient Overseas International (OOIL), the parent company of shipping line Orient Overseas Container Line (OOCL), has jumped more than 25 percent since the end of 2016, reaching a 52-week high of HKD39.70 (USD5.12) on Wednes
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Alibaba and WCA network partner up
January 13 - Global logistics network WCA and global wholesale trading platform, Alibaba.com have concluded a co-operation agreement that will see approved WCA member companies integrated into the Alibaba.com logistics platform for cross-border e-commerce
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Veolia and Peterson win decommissioning contract
January 13 - A partnership between Paris-based Veolia and Netherlands-based logistics firm Peterson has been awarded two platform decommissioning contracts for recycling at their facility in Great Yarmouth.
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Wood Mackenzie predicts upstream growth
January 13 - Wood Mackenzie is forecasting that the investment cycle in the upstream oil and gas industry will show the first signs of growth in 2017 since 2014 and final investment decisions (FIDs) will double, compared with 2016.
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Gantry first for Enerpac
January 13 - Enerpac has developed a 450-ton (408-tonne) capacity lift and rotation strand jack gantry, which it claims is the first of its kind to feature a rotating unit, enabling the lift and rotation of large turbine equipment during power plant insta
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NEM Energy chooses to roll the cargo
January 12 - Roll Group has transported two boiler blocks, each weighing nearly 2,000 tons (1,814 tonnes) and two combustor units, as well as air fan ducting structures and multiple steel frames from Taiwan to Malaysia for NEM Energy.
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Sarens debuts new jacking system
January 12 - Sarens has used its new CS1000 jacking system for the first time to install a 2,000-tonne, 120 m long segment of the new Schierstein Bridge in Germany.
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World Bank forecasts higher growth
January 12 - The world economy is expected to expand 2.7 percent this year, recovering from a post-crisis low in 2016, thanks to rising commodity prices and Donald Trump's stimulus, the World Bank said in its latest Global Economics Prospects report.
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Sarens appoints new CFO
January 12 - Ludo Verrijken has been appointed chief financial officer of Sarens Bestuur with immediate effect.
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Simest invests in Fagioli
January 11 - Simest, part of the Italian CDP group, has acquired 9 percent of Fagioli Group's subsidiary in North America.
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New installation at Newfoundland
January 11- Fagioli has partnered with RINA Services on the installation of the topsides for the platform at the Hebron oil field, located offshore Newfoundland and Labrador, Canada.
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Encouraging signs for airfreight
January 11 - The International Air Transport Association (IATA) released data for global airfreight markets showing that demand, measured in freight tonne kilometers (FTK), rose 6.8 percent in November 2016 compared to the previous year.
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ABC achieves 1,000
January 11 - AirBridgeCargo Airlines (ABC) exceeded 1,000 Boeing 747 freighter flights at Amsterdam Schiphol and Frankfurt airports for the first time in 2016.
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Revenue record for ACS
January 11 - Air Charter Service (ACS) has reported that the company's revenue in November was more than GBP40 million (USD49 million), making it a record month in its history.
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Volga-Dnepr delivers to South Korea
January 11 - Volga-Dnepr Airlines has delivered pump and vaporiser skids to Seoul, South Korea.
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IMO speaks out on emissions trading
January 10 - Kitack Lim, secretary general of the International Maritime Organization (IMO), believes including international shipping in the European Union's Emission Trading System (EU-ETS) could undermine global efforts to reduce greenhouse gas emissio
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Houston we have a new MIQ facility
January 10 - MIQ Logistics has opened a newly constructed global logistics facility in Houston, Texas.
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Kestrel flies with Carpenters
January 10 - Kestrel Liner Agencies has been appointed liner agent in the UK, Europe, Africa and the USA for MBf Carpenters Shipping, and can now offer a weekly service to Papua New Guinea, Solomon Islands and Vanuatu.
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Logistics Plus appoints Whitehill
January 10 - David Whitehill has joined Logistic Plus to head up its sourcing solutions division.
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First for Dudgeon
January 9 - A2SEA has installed the first turbine on the Dudgeon Offshore Wind Farm (OWF) in the UK's North Sea.