All Investments articles – Page 20
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ARC gets patriotic
October 13 - American Roll-on Roll-off Carrier (ARC) has christened its US-flag ro-ro vessel, Patriot.
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Port NOLA strengthens Cuban ties
October 11 - The Port of New Orleans has signed a memorandum of understanding (MoU) with Cuba, which pledges to expand trade and commerce opportunities between Louisiana and the Caribbean nation.
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US clears Konecranes-Terex deal
October 11 - Konecranes has received clearance from the committee on foreign investment in the USA for its pending acquisition of Terex's material handling and port solutions (MHPS) business.
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ACS gets new investors
October 11 - Air Charter Service (ACS) has welcomed its first external investors after Alcuin Capital Partners purchased a minority stake in the UK air charter broker.
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Williams Shipping aims high
October 10 - Williams Shipping, an expanding marine and logistics firm based in Southampton, UK, has boosted its cargo handling capabilities with the investment in a powerful reach stacker and the development of a new one-acre cargo handling yard for its
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Drewry releases latest multipurpose report
October 7 - According to the latest Multipurpose Shipping Market Review and Forecaster report published by Drewry, "the last three months have been some of the worst the multipurpose and project carrier sector has endured in living memory".
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Longview claims ship-to-rail first
October 6 - The Port of Longview claims to be the first port in the USA to have discharged wind turbine blades directly from a vessel onto rail cars.
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ABB and Fluor ink power partnership
October 4 - ABB and Fluor have formed a global strategic partnership for the execution of large turnkey engineering, procurement and construction (EPC) projects for electrical substations.
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Coalition pushes for further Ex-Im bank action
October 3 - Despite the fact that reauthorisation of the US Export Import Bank (Ex-Im) finally passed both houses of Congress with strong majorities last year, the ability of the American credit finance agency to regain full operational efficiency remains
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Longview seeks Bridgeview proposals
September 30 - On the US West Coast, the Port of Longview is seeking proposals for available industrial waterfront property on the Columbia River.
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Bahri looks to US expansion
September 30 - Bahri intends to develop and expand its business in the American market, with the opening of a second US office in Houston, Texas.
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Revenues up at Air Partner
September 29 - Air Partner reported strong first-half 2016 results, with revenues up 2.4 percent year-on-year over 2015 to GBP112.9 million (USD146.7 million).
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Shipping confidence rises
September 27 - According to the latest Shipping Confidence Survey from Moore Stephens, shipping confidence, notably on the part of charterers and managers, improved for the second successive quarter in the three months ending August 2016.
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"K" Line considers 'drastic structural reform'
September 23 - In its 2016 report, "K" Line has said that its heavy lift shipping business, which is conducted by SAL Heavy Lift, is "striving to improve earnings by implementing various cost-cutting measures in addition to pursuing efficient fleet alloca
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Seaforth prototype ready for action
September 22 - Ballast Water Containers (BWC), a company set up by Glasgow based Malin Group, has recently begun trials with its Seaforth containerised ballast water treatment system (BWTS).
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New Flettner Freighter design revealed
September 14 - Following the development of a 4,500 dwt vessel last year, C-Job Naval Architects has been contracted by the Switijnk family to design an 8,000 dwt Flettner Freighter, dubbed FF8000.
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BWM convention to come into force in 2017
September 14 - Following Finland's decision to ratify the convention, the IMO's ballast water management (BWM) convention is set to enter into force on September 8, 2017.
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ITI to launch crane simulator
September 9 - Industrial Training International (ITI) is developing a virtual reality mobile crane simulator product, which it plans to unveil at Conexpo in March 2017.
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Wilhelmsen and Wallenius rejig partnership
September 5 - By the first quarter of 2017, Wilh. Wilhelmsen Holding ASA and Wallenius Lines AB intend to establish a new ownership structure for their jointly owned investments and majority of ships.
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GAC in big management shuffle
September 1 - The GAC Group has revealed a swathe of management changes and transfers.