All Business articles – Page 36
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Tariff hikes cause concern
The escalating bilateral trade war between the USA and China is reverberating across international markets.
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US Ex-Im Bank revived
The US Senate confirmed Kimberly Reed as president of the US Export-Import Bank (Ex-Im Bank), along with Spencer Bachus III and Judith DelZoppo Pryor as members of the board of directors.
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Maxim moves to acquire Shaughnessy Companies
Maxim Crane Works has entered into an agreement to acquire Boston-based Shaughnessy & Ahern Co and S&A Cranes.
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Saudia expands Asian connections
Saudia Cargo has added weekly freighter services to Guangzhou, China and Mumbai, India to its network.
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Boskalis vessel hijacked in Africa
Royal Boskalis Westminster’s heavy transport vessel Blue Marlin was hijacked on May 5, 2019 offshore Equatorial Guinea.
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Entrec reports growth for Q1
Entrec reported year-on-year revenue growth of 10 percent during the first quarter of 2019, but the company’s president and ceo John Stevens said revenue fell below the company’s expectations.
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London calling for Blue Water
Blue Water Shipping has opened an office in London, UK that will focus on supporting the oil and energy industries.
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Service upgrades at APL
APL is adding port calls in southern China and the Philippines to its Japan, Thailand, Vietnam (JTV) service.
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Universal Foundation to relocate
Universal Foundation, part of the Fred. Olsen Ocean group, is moving from its facilities in Aalborg to Fredericia, Denmark.
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Klema places Demag order
Munich-based crane specialist Klema has placed an order with Terex for a Demag AC 130-5 all-terrain crane.
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Kerry names Stoekenbroek
Kerry Logistics has appointed Martin Stoekenbroek as its managing director for Europe, the Middle East, and Africa (EMEA).
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SC&RA names officers
The Specialized Carriers & Rigging Association (SC&RA) has elected its officers for the 2019-2020 term at its annual conference awards and dinner at the Omni La Costa Resort in California.
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Martel to step up at Marseille
Hervé Martel has been named interim managing director of the Marseille-Fos port authority following his nomination by the French transport minister.
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Arkon secures Hass deal
Hass Logistic Ghana (HLG) and Hass Freight Ghana (HFG) have appointed Arkon Shipping & Projects as their representative and commercial agent.
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ALE readies to launch SK10,000
ALE has launched its 10,000-tonne capacity SK10,000 ring crane at the Offshore Technology Conference (OTC) in Texas, USA.
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Ulrichs joins BBC Chartering
BBC Chartering has named Ulrich Ulrichs as its chief commercial officer.
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MACS names Zuidnatie in Antwerp
MACS Maritime Carrier Shipping has appointed the Zuidnatie Breakbulk terminal for its port calls in Antwerp.
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M-Star readies project division
M-Star Freight Services is preparing to launch a corporate project division – M-Star Projects – at next week’s AntwerpXL exhibition.
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AKM places Terex order
Munich-based AKM Autokranvermietung has placed an order with Terex for two Demag all-terrain cranes.
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Allseas wins Equinor contract
Equinor Energy selected Allseas for the removal, transfer, load-in and disposal of the 48,000-tonne Statfjord A platform topsides.