All Investments articles – Page 32
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Work set to start at Wismar
August 14 - A three-year EUR36 million (USD40.2 million) expansion project at the Baltic port of Wismar is set to start.
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Two ships up at Allcargo
August 14 - India's Allcargo Logistics has acquired two 24,000 dwt multipurpose vessels through its wholly owned subsidiary Allcargo Shipping.
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'Steady growth' for Agility
August 14 - Agility has posted a net profit of KWD13.5 million (USD44.6 million) for the second quarter of 2015 - a 5 percent increase compared with the second quarter of 2014.
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Rickmers-Linie back in black
August 12 - Rickmers Group has presented its half year results for 2015, posting a 6.6 percent year-on-year improvement in revenue to EUR289.6 million (USD324.5 million), while operating profit surged 35.4 percent to EUR137.4 million (USD153.96 million).
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Terex and Konecranes to merge
August 11 - Cranes and materials handling specialists Terex and Konecranes have agreed an all-share merger of equals to form a leading global lifting and materials handling solutions company.
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Edwards gains Faktor 5
August 10 - Edwards Moving & Rigging has added a Goldhofer Faktor 5 high girder bridge to its fleet of trailers.
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Seattle and Tacoma launch alliance
August 5 - The ports of Seattle and Tacoma have formally launched the Northwest Seaport Alliance, which they claim is the first of its kind in North America.
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All change at Schenker
August 4 - Jochen Thewes has been appointed the new chairman of the Schenker AG board of management, in which role he will lead the DB Schenker Logistics business unit.
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Volatile claims shake shipping industry
July 31 - The shipping industry faces a particularly challenging time punctuated by unpredictable markets and continuing marine claims volatility.
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GPA breaks tonnage records
July 31 - The Georgia Ports Authority (GPA) handled record numbers of containerised and ro-ro cargo in its 2015 fiscal year, and posted its highest ever-recorded total tonnage.
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BBC opens in Vietnam
July 31 - BBC Chartering will inaugurate a new office in Ho Chi Minh City, Vietnam, on August 1, 2015, to serve the country's burgeoning demand for project cargo, breakbulk and general cargo transportation.
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Cargolux, OGBL make breakthrough
July 28 - Cargolux Airlines and Luxembourg's OGBL union have reached an agreement on the main points of a new collective work agreement, effective October 2015 and covering three years.
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DSM stamps out trademark infringements
July 24 - DSM Dyneema has stepped up legal action against online marketplaces by more aggressively enforcing the removal of advertisements in which the Dyneema trademark is used without permission.
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Profits stabilise at Panalpina
July 23 - Panalpina has reported revenues of CHF2.94 billion (USD3.08 billion) in the first six months of 2015 - down 8.9 percent over the same period of 2014 from CHF 3.23 billion (USD3.38 billion).
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Optara project draws to a close
July 15 - ALE and Aertssen have completed their work for the Optara project at Total's Antwerp refinery, which involved the transportation of modules from Spain to Belgium and the installation of main units for Tecnidas Reunidas.
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Record EU transport investment endorsed
July 14 - The European Commission's EUR13.1 billion (USD14.4 billion) investment plan for the transport sector has taken a step forward, after EU member states approved the list of projects to receive funding under the Connecting Europe Facility (CEF).
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Stena agrees new Rotterdam berth
July 14 - Stena Line and the Port of Rotterdam have agreed to collaboratively build a second berth at the company's Europoort terminal, as part of a EUR27 million (USD29.7 million) investment.
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Seattle, Tacoma hail transport investment
July 13 - The ports of Seattle and Tacoma have welcomed the passing of a USD16.2 billion transportation investment package that aims to speed the movement of cargo through Washington state's ports and freight corridors.
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ABP in ownership shuffle
July 13 - GS Infrastructure Partners (GSIP) and Infracapital have sold their combined 33.3 percent stake in Associated British Ports (ABP) to Anchorage Ports - a consortium comprising Canada Pension Plan Investment Board (CPPIB) and Hermes Infrastructure.
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NewsTrojan extends at Aberdeen
Trojan Crates has invested GBP1 million (USD1.55 million) in new premises close to Aberdeen airport, Scotland, which feature state-of-the-art manufacturing equipment.