All Investments articles – Page 14
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Ernst Russ and Ecofin form ship investment platform
June 15 - Hamburg-based asset management company Ernst Russ and specialist investment group, Ecofin Holdings, have established Elbe Financial Solutions (EFS), an international investment services firm focused on the maritime and infrastructure sectors.
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Cargolux signs Chinese JV
June 12 - Cargolux has signed a joint venture equity contract to establish a resident cargo airline operating out of Zhengzhou under a Chinese air operator certificate (AOC).
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Germany's shipping lenders face squeeze on profits
June 9 - Albeit early signs of recovery became visible during the first months of 2017, but the shipping industry's protracted slowdown will continue to exert pressure on German ship lenders' profitability, Moody's Investors Service said in a report publi
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Politics hinders Ex-Im Bank
June 9 - The ongoing drama surrounding the future of the US Export-Import (Ex-Im) Bank - the government's official export credit agency (ECA) - has taken several dramatic twists recently. While its future has been secured, the bank remains hamstrung by a
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Scharwath on board at DHL
June 5 - Tim Scharwath has joined the board of management of Deutsche Post DHL Group as the new ceo of DHL Global Forwarding, Freight.
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Cranes on the double
May 31 - Intermarine's recent delivery of two mobile harbour cranes marked the start of Yilport Holding's investment in Ecuador's Puerto Bolivar container terminal.
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Clark chosen in North Carolina
May 29 - North Carolina Ports has appointed Brian Clark as its chief operating officer.
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Djibouti opens DMP
May 25 - Djibouti has officially opened the Doraleh Multipurpose Port (DMP), marking the completion of the USD590 million project.
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Export Credit Norway set to finance retrofits
May 25 - Following the International Maritime Organization (IMO) ratifications of the ballast water and exhaust gas treaties, government-owned Export Credit Norway has offered financing to international vessel owners who purchase retrofit equipment from N
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Hapag-Lloyd and UASC complete merger
May 24 - Hapag-Lloyd and United Arab Shipping Company (UASC) have completed the merger between the two liner shipping companies.
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Blue Water Shipping adds fourth TCO contract
May 10 - A consortium led by Blue Water Shipping (BWS) has been awarded an additional contract by Tengizchevroil (TCO) for a project in Kazakhstan.
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Geodis eyes super-heavy and power projects
May 9 - In what has been a successful year for Geodis' Industrial Projects division, Igor Muniz, Industrial Projects director Europe, said the investments being made at the company would provide a solid foundation for future growth.
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SC&R appoints officers
May 9 - During its annual conference in Arizona, USA the Specialized Carriers & Rigging Association (SC&RA) appointed officers to its SC&R Foundation - its non-profit organisation promoting research projects, scholarships, grants, and education in the hea
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Van der Merwe heads up OMA Group
May 8 - OMA Group has appointed Gerrit van der Merwe as managing director, with immediate effect.
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Three's company for CLA
May 4 - CargoLogicAir (CLA) has taken delivery of a third Boeing 747 freighter.
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Rickmers reports loss ahead of restructuring
May 4 - Rickmers Group reported a year-on-year revenue decrease of 17.7 percent for 2016, falling to EUR483.3 million (USD527.6 million) from EUR587 million (USD640.8 million) in 2015.
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Cosco profits in Q1 2017
May 4 - Cosco Shipping Specialized Carriers has reported a 1,104 percent year-on-year first quarter net profit increase,totalling CNY11.06 million (USD1.61 million).
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Strong start for DSV
May 2 - DSV has reported a net revenue of DKK18.2 billion (USD2.7 billion) for the first quarter of 2017, in comparison to DKK15.3 billion (USD2.2 billion) for the corresponding period of 2016.
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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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Cargolux profits tumble in volatile 2016
May 1 - Cargolux Airlines carried almost 1 million tonnes of cargo on its global freight network during a volatile 2016. However, the carrier's profit fell some 90 percent year-on-year from USD49 million in 2015 to USD5.5 million in 2016; revenues fell by