All Rates articles – Page 22
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Logwin revenue falls
March 11 - In its 2013 financial year, the Logwin Group reported total revenues of EUR1.22 billion (USD1.68 billion) compared with EUR1.32 billion (USD1.82 billion) in 2012.
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Sea Star and Horizon face the music
March 11 - Sea Star Line LLC and Horizon Lines LLC will pay a USD3.4 million settlement to resolve allegations that they violated the False Claims Act when they knowingly fixed the price of government cargo transportation contracts between the USA and Pue
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ENTREC fixes funds
March 7 - ENTREC Corporation has closed a new USD240 million senior secured asset-based credit facility, the ABL Facility, with a syndicate of lenders led by Wells Fargo Capital Finance Corporation Canada.
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Polet denies reports
February 14 - Polet Airlines has denied reports in the international media that charter rates for the AN-124 freighter are set to increase following the grounding of two of its aircraft.
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The Friday Flyer - February 14th 2014
This week's round up of news from the world of heavy lift and project forwarding.
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Liner reliability set to decline in the first quarter of 2014
February 7 - According to Drewry's newly published Carrier Performance Insight report, liner shipping is becoming less and less reliable as operators ignore service standards in the rush to cut costs.
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M&M bank gets go ahead
February 3 - Maritime & Merchant AS (M&M) has received regulatory approval to operate a private bank in Norway, which will be dedicated to meeting the funding needs of owners active in the shipping and offshore industries worldwide.
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Cargo fraud warning in Turkey
January 20 - Signum Services - the investigative arm of Thomas Miller & Co Ltd working on behalf of the members of the UK P&I Club - has uncovered a series of frauds perpetrated against ship owners with regard to bogus cargo in Turkey.
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Moore Stephens is upbeat on 2015
January 13 - International accountant and shipping adviser Moore Stephens believes that the shipping industry's fortunes should be noticeably improved by 2015 if it maintains the recovery which got under way last year.
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NordiKmaritime enhances European service
December 19 - NordiKmaritime's fortnightly European coastal service between Bilbao, Spain and Esbjerg, Denmark is being enhanced to accommodate inducement calls at ports en route.
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All time high for shipping confidence, says Moore Stephens
December 20 - According to the latest shipping confidence survey from Moore Stephens, overall confidence levels in the shipping industry rose to their highest level for more than three years over the three-month period to November, 2013.
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The Friday Flyer - December 20th 2013
This week's round up of news from the world of heavy lift and project forwarding.
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Fremantle seeks ro-ro investment
December 11 - The Port of Fremantle in Western Australia is seeking expressions of interest from the private sector to build and operate a new automotive and ro-ro terminal at its Victoria Quay.
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ENTREC's revenue grows
November 15 - ENTREC Corporation, provider of heavy lift and heavy haul services, has announced its third quarter 2013 financial results.
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Kim steps down from debt-laden Hanjin
November 11 - Hanjin Shipping's chief executive officer, Kim Young Min, has announced his resignation from the company, assuming responsibility for its continuing losses and delay in getting financial support from creditors.
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Drewry says Korean liner shipping companies under severe stress
August 28 - Drewry Maritime Equity Research (DMER) has issued a report which paints a dire picture for Korean container shipping companies.
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Chapman Freeborn positions Libyan AN-26
August 28 - Global air charter broker Chapman Freeborn Airchartering has formed an exclusive partnership with Air Libya to place and manage an Antonov AN-26 freighter aircraft in the country.
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Hamburg sees H1 growth
August 19 - The Port of Hamburg, Germany has achieved above average growth and strengthened its market position during the first half of 2013.
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STX Pan Ocean posts Q2 loss
August 14 - STX Pan Ocean Co, South Korea's largest commodities-shipping company, has posted a Q2 2013 net loss of USD24.7 million - down from USD84.3 million 12 months ago.
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ASCO Group releases annual report
August 12 - UK headquartered international oil field services company ASCO Group has issued its trading results for 2012.