All Forecasts articles – Page 15
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ABL in Dissaco takeover
January 11 - ABL has acquired the Antwerp based freight forwarding company Dissaco.
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Danbor extends wind portfolio
January 8 - NorSea Group subsidiary Danbor has established a Wind Centre of Excellence, which will be headed up by newly-appointed managing director Morten Basse.
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Drewry: Container lines brace for losses in 2016
January 8 - The container shipping industry should brace for losses in 2016, according to the latest Container Forecaster report released by global shipping consultancy Drewry, which will have a negative knock-on effect on the heavy lift and multipurpose
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Sinotrans & CSC Holdings gobbled up
December 30 - According to China Merchants Group, the Hong Kong based state-owned conglomerate with businesses in transportation, finance and real estate, is set to acquire China's Sinotrans & CSC Holdings.
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Mammoet turns on gas in Algeria
December 22 - Mammoet has transported a 400-tonne Siemens gas turbine generator from Algiers port to the Cap Djinet power plant project site in Algeria.
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Breakbulk shipping improvement 'some way off'
December 21 - According to global shipping consultancy Drewry, although demand growth is expected to recover next year after a very poor 2015, and supply growth is likely to be minimal, competition from other sectors will maintain pressure on the breakbul
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New projects network launched
December 18 - A new project freight forwarder network - Project Freight Net (PFN) - has been launched.
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What next for US crude?
December 18 - With US Congress nearing a deal to end its longstanding crude oil export ban, HLPFI considers the impact this will have on the languishing sector.
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AAPA welcomes US port funds
December 18 - The American Association of Port Authorities (AAPA) has noted that there are significant funds inked to enhance US port infrastructure in the US House-Senate conference agreement for the fiscal 2016 omnibus appropriations bill.
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SAL: 'Toughen up' in 2016
December 18 - Hamburg headquartered shipping line, SAL Heavy Lift, said 2015 turned out to be a tough year. Despite completing a raft of technical projects, the tumbling oil price led to a steep downturn in the global offshore industry.
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Cargolux agreement finally reached
December 16 - Following repeated meetings over the last 24 hours, Cargolux says that an 'amicable agreement' has been achieved between all concerned parties on the new collective work agreement (CWA) for staff of the freighter airline.
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Fitch cuts outlook for shipping
December 11 - Credit ratings and research oufit, Fitch Ratings has revised its global shipping sector outlook for 2016 to negative from stable in 2015.
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UTC hails Ex-Im bank renewal
December 11 - UTC Overseas has expressed its thanks to industry colleagues, supporters and associates for their combined efforts in winning Congressional reauthorisation of the US Export-Import Bank (Ex-Im).
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Seajacks ship set for operation
December 10 - Seajacks International, the offshore installation and maintenance contractor, has announced that its fifth self-propelled jack-up vessel, Seajacks Scylla, is set to enter service.
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Cargolux CWA deal takes step backwards
December 10 - Collective work agreement (CWA) talks between Cargolux management and the unions were cut short after LCGB backtracked on the principle agreement reached on December 1.
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ASEAN-China agreement revised
November 26 - The Association of Southeast Asian Nations (ASEAN) and China have signed an agreement to amend and update the ASEAN-China Free Trade Agreement (ACFTA).
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Steder goes ro-ro
November 24 - Steder Group has transported a Hitachi EX1200 excavator from the customer's quay in the Netherlands to a terminal in Belgium for shipment by ro-ro vessel to South America.
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UGLYcargo launches marketplace
November 23 - UGLYcargo has launched an online marketplace designed to assist shippers in finding an appropriate carrier at competitive prices and support carriers in maximising their load capacity.
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Ship operating costs to rise
November 23 - According to the latest Ship Operating Costs Annual Review and Forecast 2015/16 report published by Drewry, the cost of operating cargo ships is forecast to rise over the next two years after falling in 2015.
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Rickmers-Linie in 'positive turnaround'
November 20 - Rickmers Group's heavy lift shipping subsidiary Rickmers-Linie recorded a 6.9 percent year-on-year drop in revenue for the first nine months of 2015, but a positive increase in EBITDA (consolidated operating profit before interest, taxes, de