All Business articles – Page 41
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NewsOpportunities in emerging markets
The logistics industry forecasts that emerging markets will grow at a healthy rate of 5 percent in 2019 but many executives are bracing for a crisis, according to Agility’s emerging market index.
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NewsLaso opens in Germany
Portugal’s Laso Transportes has established a German subsidiary, Laso Deutschland.
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NewsDutch court rules on Fairstar
Last month, an Amsterdam court ruled that the former directors of Fairstar Heavy Transport must pay compensation to the owners of the company, following the purchase of a semi-submersible vessel.
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NewsPanalpina reports positive results, as shareholders grapple for control
Panalpina has reported positive annual results, amid ongoing internal discussions over shareholder voting rights.
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NewsToll Group unveils vessel duo
Australia’s Toll Group has unveiled its latest general cargo vessel, Victorian Reliance II, at a naming ceremony at Webb Dock in Port Melbourne.
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NewsMixed impact from existing US tariffs and shifting deadlines
Asian shares improved dramatically this week on the news that the USA could delay a planned tariff increase on Chinese goods.
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NewsCalifornia readies for offshore wind energy
Domestic and international companies are looking to California’s offshore wind energy potential, as the first phases of a federal leasing process are put in place.
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NewsDP World re-acquires P&O Ferries
DP World has purchased P&O Ferries, the holding company of P&O Ferries and P&O Ferrymasters, in a deal valued at approximately USD421 million.
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NewsGrimaldi picks Telespazio for communications upgrade
The Grimaldi Group has signed two contracts with Telespazio for the upgrade of its satellite communications systemson its fleet of cargo and passenger vessels.
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NewsDEME integrates offshore activities
Belgium-headquartered marine contractor DEME has integrated its various offshore subsidiaries, including GeoSea, Tideway, A2Sea and EverSea, into one unit – DEME Offshore.
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NewsHess expands fleet with Liebherr
Düsseldorf, Germany-based Hess has expanded its fleet with the addition of a Liebherr LTM 1090-4.2 mobile crane.
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NewsABC adds Dhaka call
AirBridgeCargo Airlines (ABC) has expanded its international network with the addition of Dhaka, Bangladesh to its Asian services.
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CSA 2020 disappointed with EC scrubber proposal
The Clean Shipping Alliance 2020 (CSA 2020) has expressed concerns over the European Commission’s (EC) proposal to the International Maritime Organisation (IMO) regarding the use of exhaust gas cleaning systems.
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NewsABC inks Jettainer agreement
AirBridgeCargo Airlines (ABC) has signed a leasing agreement with Jettainer for the provision of unit load devices (ULD) to support the airline's transportation of special cargoes.
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NewsAir Charter Service on the up in LAX
Air Charter Service (ACS) has expanded its office size in Los Angeles as it continues its investment in California, USA.
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NewsSetramar sells multipurpose unit
International law firm Watson Farley & Williams (WFW) has confirmed that it advised Italy's Armamento Setramar, part of the Setramar Group, on the sale of its vessel Pietro Benedetti.
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NewsDelta Cargo rebrands products
Delta Cargo has rebranded its international product offering to align with global airline alliance SkyTeam Cargo, of which it is a member.
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NewsPeel Ports invests in Great Yarmouth
The UK’s port of Great Yarmouth, part of the Peel Ports group, has taken delivery of an LHM280 mobile harbour crane from Liebherr.
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NewsTiong Woon sets up in Bangladesh
Singapore-headquartered Tiong Woon Corporation has established a wholly owned subsidiary in Bangladesh.
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NewsSlowing growth threatens shipping
As the International Monetary Fund (IMF) revises its predictions for global growth in 2019 and 2020 - down to 3.5 percent and 3.6 percent respectively - BIMCO says the risks are piling up for the shipping industry.