All Forecasts articles – Page 8
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ACS soars in 2016
May 2 - Air Charter Service (ACS) has reported a strong 2016, with an 8 percent increase in revenue, totalling GBP342 million (USD441.8 million) in the year ending January 31, 2017.
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Port promotions in the USA
May 1 - The Port of Vancouver, USA has appointed Elizabeth Gotelli as chief financial and administrative officer (cfao).
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Pioneering Spirit sets record
May 1 - Allseas' dynamically positioned single-lift installation/decommissioning and pipelay vessel Pioneering Spirit has set a world lifting record with the safe and successful removal of Shell UK's 24,000 tonnes Brent Delta platform topsides from the No
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Moore Stephens flags shipping pool pitfalls
April 20 - International accountant and shipping adviser Moore Stephens issued a warning to ship owners and operators to check carefully the financial, tax and jurisdictional implications of participating in shipping pool arrangements.
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Siemens set for Dubai global logistics
April 19 - Siemens, one of the largest manufacturing and electronic companies in the world, will set up its global logistics headquarters, including its portfolio for airports, cargo infrastructure and ports, in Dubai.
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Armitt handles ship unloaders
April 3 - In the UK, the Armitt Group has successfully managed the removal of two 1,050-tonne ship unloaders from the former Tilbury power station located on the River Thames, east of London.
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MOL marks Malaysian enhancement
March 30 - Mitsui OSK Lines (MOL) has acquired a 20.9 percent share in Malaysian logistics company, PKT Logistics Group.
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Recovery in sight, says Drewry
March 29 - Following another poor year for multipurpose shipping with further erosion of rates making it the worst market in over 10 years, signs of recovery are now evident with momentum expected to build over the next few years, according to global ship
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EC re-adopts air cartel decision
March 17 - The European Commission has re-adopted a cartel decision against 11 air cargo carriers and imposed a fine totalling EUR776.465 million (USD834.5 million) for operating a price-fixing cartel.
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MarketLine predicts recovery for marine freight
March 14 - MarketLine expects the marine freight industry to reach a value of USD210 billion by 2021.
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No news is good news for shipping
March 9 - International accountant and shipping adviser Moore Stephens says the UK Budget 2017 contained no unwelcome surprises for the shipping industry, and some good news for the offshore sector.
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Results round up
March 8 - Gebrüder Weiss has reported total revenues of EUR1.36 billion (USD1.435 billion) for its 2016 financial year, up 6.4 percent in comparison to EUR1.278 billion (USD1.348 billion) achieved in 2015.
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UK groups set up abnormal loads forum
March 8 - A new abnormal loads cross-industry forum and working group has been established in the UK to develop an industry code of practice to benefit the whole of the distribution network.
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Erring on the side of caution
February 24 - Speaking at a recent Journal of Commerce webinar this week, Susan Oatway, associate director of Drewry Maritime Research, outlined some of the challenges, which still face the multipurpose and heavy lift shipping sector.
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Bahri on line with Saudi Rail
February 22 - Bahri has signed a contract with Saudi Rail Company (SAR), for the provision of transportation and shipping services as well as Customs clearance support through Bahri Logistics, one of the six business units within the group.
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DP World's Senegal expansion plans
February 17 - DP World's Group chairman and ceo has discussed the benefits of long-term partnerships between governments and the private sector for Senegal and other African nations.
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Forwarders criticise protectionism
February 16 - The International Federation of Freight Forwarders Associations (FIATA), the umbrella organisation for global freight forwarder associations, has commented on the value of free trade, trade facilitation, and trade development in the wake of
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Shipowners' Club warns on charter parties
February 16 - Mutual insurance association, The Shipowners' Club has issued advice for anyone planning to undertake a charter party with an unfamiliar entity and wants to ensure the charterer will pay their hire.
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Sarens handles huge bridge pylon
February 15 - Sarens has transported and installed a 1,700-tonne pylon from Belgium to Sunderland, UK, for the New Wear Crossing bridge, which is scheduled to open in 2018.
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Egytrans forecasts wind growth
February 14 - Egytrans expects further growth in the wind energy sector in Egypt, as it claims that wind turbine transportation is one of the most promising fields for the company.