Latest news – Page 631
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News
Atlas Air posts third quarter loss
November 3 - Atlas Air Worldwide Holdings posted a loss from continuing operations in the third quarter of 2016, which it attributed to "nondeductible expenses triggered by shareholder approval of warrants granted to Amazon".
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PrimoCargo continues Sohar shipment
November 3 - PrimoCargo has delivered the third lot of project cargo from Antwerp to Oman's Sohar Port for MAN Diesel Turbo.
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Modulift names Mexican rep
November 3 - Modulift has appointed below-the-hook equipment provider Cargo Lift as its first distributor in Mexico.
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Compass completes Afghan airlift
November 3 - Aerospace logistics specialist Compass Forwarding has completed the delivery of a Bell 212 Twin Huey utility helicopter from Alberta, Canada to Afghanistan on a Boeing 747 freighter aircraft.
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Omega Morgan enters crane market
November 2 - US based heavy transport provider Omega Morgan has begun offering crane services to customers in the Pacific Northwest.
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Singapore to invest in offshore future
November 2 - Singapore's minister of trade and industry, S. Iswaran, has stated that the government is studying the need for measures in the marine and offshore engineering sectors.
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Nooteboom wins Pendel-X patent case
November 2 - The European Patent Office has ruled in favour of Nooteboom's patent application for its Pendle-X Euro low-loader with excavator trough, after a ten-year judicial process.
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DSV freight volumes grow
November 2 - DSV's Air & Sea division has posted a 51 percent year-on-year increase in sea freight volumes for the first nine months of 2016, along with an 84 percent increase in airfreight volumes, when compared with the same period last year.
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ABC heads to Heathrow
November 2 - London's Heathrow Airport has welcomed AirBridgeCargo Airlines (ABC) as its second dedicated cargo-only service.
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Terex suffers in challenging market
November 2 - Terex Corporation posted income from continuing operations of USD33.3 million in the third quarter of 2016, compared with USD30.3 million in the same period of 2015.
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Cosco, DEME sign umbrella deal
November 1 - Cosco Shipping and DEME have signed an umbrella agreement to work closely on the development of offshore wind energy in China.
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A2SEA wins East Anglia ONE work
November 1 - A2SEA has been awarded a contract to install 102 wind turbines for the East Anglia ONE wind farm off the coast of Great Yarmouth in the UK.
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Breakbulk container launched
CakeBoxx Technologies and ATS International have launched a hybrid shipping container designed to carry breakbulk and oversize cargoes, dubbed the Breakbulk Box.
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Ship operating costs set to rise further
November 1 - Vessel operating costs are expected to rise by 1.9 percent in 2016 and 2.5 percent in 2017, according to the latest survey by shipping consultant Moore Stephens.
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Logistics Plus expands in Africa
November 1 - Logistics Plus has established new operations in Nairobi and Mombasa, Kenya, as well as Kampala, Uganda and Juba, South Sudan.
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Ruscon adds Novorossiysk warehouse
October 31 - Russian multimodal operator Ruscon has opened a new warehouse in Novorossiysk on the Black Sea.
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Hydrocracker piece arrives in Rotterdam
October 31 - The first section of a new hydrocracker system has been delivered to the ExxonMobil refinery in Botlek at the Port of Rotterdam.
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GE and Baker Hughes join forces
October 31 - General Electric (GE) has entered into an agreement to combine its oil and gas business with Baker Hughes to create an oilfield technology provider with a wide range of service and equipment capabilities.
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Horizon opens at Jaxport
October 31 - Horizon Terminal Services has commenced operations at the Port of Jacksonville in Florida, USA.
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Japanese lines to merge box operations
October 31 - Three of Japan's largest shipping companies have announced that they plan to merge their container shipping and overseas terminal operations as the industry struggles with overcapacity and mounting losses.