All Investments articles – Page 17
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Market challenges Tiong Woon
February 13 - Tiong Woon Corporation reported a profit after income taxes of SGD3.43 million (USD2.42 million) for the first half of its current financial year, which ends on June 30, 2017.
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Lambertsson Kran's innovative pairing
February 9 - Lambertsson Kran is taking delivery of a Grove GMK4100L-1 and Samson K-100 synthetic rope, which the Swedish company will use together.
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Maersk's finances fall
February 9 - A.P. Møller-Mærsk's annual report for 2016 reveals a net loss of USD1.9 billion compared to a USD925 million profit in 2015.
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Drewry launches credit research service
February 7 - Drewry Financial Research Services, the investment research arm of shipping consultancy Drewry, is launching a credit research service for the global maritime sector.
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First lift for Milwaukee crane
February 7 - A 300-ton (272-tonne) capacity Manitowoc crawler crane has made its first lift at the Port of Milwaukee, USA.
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Pan Ocean back on track
February 7 - Mandatory disclosures of financial results for the fourth quarter of 2016 and the full 2016 financial year on the Singapore Stock Exchange (SGX) indicate that shipping company Pan Ocean finished its 2016 financial year with a net profit of US
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Worldwide slide for clean energy investment
February 3 - According to a Bloomberg New Energy Finance (BNEF) report, new investment in clean energy worldwide fell by 18 percent last year to USD287.5 billion despite a record year for offshore wind finance.
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Iliffe leaves Hansa Heavy Lift
February 1 - With immediate effect, Roger Iliffe is leaving Hansa Heavy Lift and will be replaced by Steve Dawson and Alex Karakassis as managing directors.
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Sinotrans Shipping forecasts losses
January 31 - Hong Kong-based Sinotrans Shipping has issued a warning that it expects a substantial increase in net losses for the 12 months ending December 31, 2016, compared to the deficit recorded in 2015.
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Good move on the Mersey
January 27 - John Good Shipping is opening a refurbished, 2,200 sq ft (204.4 sq m) office at Burlington House near the Port of Liverpool, to further expand its freight forwarding, ship agency and airfreight activities in the northwest of the UK.
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Airfreight prepare for takeoff at Luxembourg
January 24 - The growth of airfreight at Luxembourg Airport continued increasing by 8.2 percent compared with 2015, with an 8.5 percent growth in oversized shipments.
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Better days lie ahead, says Concargo
January 19 - David Kruyer, founder of Cape Town based Concargo, believes better days lie ahead providing the South African government make the necessary infrastructural investments as soon as possible.
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Wood Mackenzie predicts upstream growth
January 13 - Wood Mackenzie is forecasting that the investment cycle in the upstream oil and gas industry will show the first signs of growth in 2017 since 2014 and final investment decisions (FIDs) will double, compared with 2016.
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World Bank forecasts higher growth
January 12 - The world economy is expected to expand 2.7 percent this year, recovering from a post-crisis low in 2016, thanks to rising commodity prices and Donald Trump's stimulus, the World Bank said in its latest Global Economics Prospects report.
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Simest invests in Fagioli
January 11 - Simest, part of the Italian CDP group, has acquired 9 percent of Fagioli Group's subsidiary in North America.
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Osprey Heavy Lift secures funding
January 6 - A joint venture created in 2015 between Osprey Maritime and the Allelys Group has secured a GBP7.5 million (USD9.3 million) financial package from HSBC.
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Recovery in sight says Drewry
January 4 - According to the latest Multipurpose Shipping Market Review and Forecaster report, published by Drewry, the multipurpose shipping market will see the first signs of recovery by the end of 2017.
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Wilhelmsen and Wallenius sign reshuffle agreement
December 23 - Wilh. Wilhelmsen Holding and Wallenius Lines have signed an agreement leading to a new ownership structure for their jointly owned investments in Wallenius Wilhelmsen Logistics, Eukor Car Carriers and American Roll-On Roll-Off Carrier.
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Brunel adds Chinese rail link
December 22 - Brunel Project Cargo says that it can now offer a rail service for containers between Yiwu, China to London, UK.
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M&M Bank opens doors
December 21 - Maritime & Merchant Bank (M&M) - a Norwegian headquartered specialist bank for the shipping and offshore sector - has officially opened for business.