All Business articles – Page 51
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Upstream delivery finally hits the mark
According to industry analyst Wood Mackenzie, upstream oil and gas companies are increasingly delivering major capital projects on time and on budget.
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NCA considers fleet reduction
Nippon Cargo Airlines (NCA) will revise the size of its freighter operations in response to the business improvement order received from Japan’s Ministry of Land, Infrastructure, Transportation and Tourism (MLIT) in July.
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Intermarine plucks up the Courage
Intermarine has taken delivery of its latest heavy lift tweendeck vessel, Industrial Courage.
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IUMI launches tutorial programme
The International Union of Marine Insurance (IUMI) has launched an online cargo tutorial programme, specifically designed for intermediate-level cargo underwriters.
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Boskalis vessels heading for scrap
Royal Boskalis Westminster has confirmed it will remove 11 of its “heavily loss-making" heavy transport vessels from service in the coming 12 months.
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Entrec eyes Capstan acquisition
Entrec has signed a letter of intent to acquire Alberta, Canada-based Capstan Hauling.
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Walker steps up at RSS
Rope and Sling Specialists (RSS) has appointed Davey Walker as business development director (Scotland), effective August 20.
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Hinrichs joins Combi Lift
Combi Lift has appointed Holger Hinrichs as managing director, joining Heiko Felderhoff in leading the Bremen-headquartered heavy lift shipping line.
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Burt joins Air Partner
Air Partner has appointed Jack Burt as vice president of its US cargo division.
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Boskalis terminates loss-making transport activities
Royal Boskalis Westminster has terminated the loss-making transport activities in its offshore energy division and will retire some closed-stern heavy transport vessels.
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Sunderland sets its sights on offshore renewables
The port of Sunderland in the UK has completed a resurfacing project covering almost two acres (0.8 ha) at its Endurance Park storage area.
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IUMI nominates Turner
The International Union Marine Insurance (IUMI) has nominated Richard Turner, global marine director and European director of global risk solutions at RSA Insurance Group, for the role of president.
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Boskalis names Heijermans
Royal Boskalis Westminster has appointed Bart Heijermans to the board of management.
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Valleyfield secures funding
The port of Valleyfield in Canada has received a CAD3.5 million (USD2.67 million) grant from the Québec government to support its marine transportation infrastructure investments.
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DeLuca steps up at Duluth
The Duluth Seaway Port Authority (DPSA) in the USA has appointed Deb DeLuca as executive director, effective August 16.
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EU invests in Danube
The European Union (EU) plans to invest EUR59 million (USD67.4 million) in modernising the locks on the Danube-Black Sea and Midia Navodari–Porte canals in Romania.
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Universal acquires Southern Counties
Universal Logistics Holdings, a provider of customised transportation and logistics solutions, has acquired Southern Counties Express.
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Zeaborn combines ship management activities
Bremen-based Zeaborn Group has combined the ship management activities of Rickmers Shipmanagement and E.R. Schiffahrt.
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CNCo opens Vancouver branch
China Navigation Company (CNCo), part of the Swire Group, has expanded its presence in North America by establishing a branch office in Vancouver, Canada.