All Investments articles – Page 46
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Capital projects and contracts - May 23rd 2014
This week we have seen Technip win a giant USD6.14 billion EPC deal for a LNG facility in Russia, a consortium including RWE Dea and Petrofac securing a USD976 million contact to build a gas processing plant in the Algerian Sahara, and Europe's largest bl
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Manston Airport to close on May 15
May 12 - Manston Airport will shut its doors on May 15, 2014 explained the airport's owners, the Gloag Foundation.
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BNSF Railway allocates USD1 billion to Northern Corridor
May 12 - BNSF Railway Corporation has started its USD1 billion investment plan to improve and extend rail capacity in US states along the Northern Corridor, which spans between the Pacific Northwest and Chicago.
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FPS expands network in Qatar
May 9 - The Famous Pacific Shipping (FPS) network agent for Dubai, Jebel Ali and Abu Dhabi - Reliance Freight Systems - has opened a new office in Doha, Qatar.
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The Friday Flyer - May 9th 2014
This week's round up of news from the world of heavy lift and project forwarding.
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Capital projects and contracts - May 9th 2014
Here is a round up of some the key developments in the engineering, procurement and construction (EPC) sector. This week we have seen GE secure a deal to supply gas engines for China's emerging shale gas market, Fluor winning an EPC contract for the Quell
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Wilhelmsen operating profit declines
May 8 - Despite a stable top line, Wilh. Wilhelmsen Holding ASA (WWH) posted a decline in operating profit in the first quarter of 2014, due to weaker profitability in the group's shipping and logistics activities.
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Agility posts profit progress
May 8 - Agility posted a net profit increase of 11 percent at KD11.24 million (USD40 million) in the first quarter of 2014 compared with the same period of 2013.
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Terex ups Indonesia's floating crane capacity
May 7 - Terex Port Solutions (TPS) has strengthened its presence in Indonesia, with the order of three further Terex Gottwald Model 8 floating cranes from Winning Logistics Investments Pte Ltd.
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US report calls for structural repair of bridges
May 7 - An analysis of the 2013 National Bridge Inventory database released by the US Department of Transportation (USDOT) has found that more than 63,000 bridges in the USA are in need of structural repair.
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Transitex Italia eyes sub-Saharan projects
May 6 - Spanish freight forwarding group Transitex has established a new division in Genoa - Transitex Italia - specialising in project cargo and reefer logistics.
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Logwin improves operating margin in first quarter
May 5 - The Logwin Group has reported revenues of EUR278.5 million (USD386.5 million) for the first quarter of 2014, a significant decrease on the EUR320.7 million (USD445million) achieved in the same period of 2013, which the company says is due to dives
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Manitowoc sees crane sales slip
May 2 - Manitowoc Company reported Q1 2014 sales of USD850 million, down 5 percent year-on-year over Q1 2013.
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Projects and contracts - May 2nd 2014
Here is a round up of some key developments in the engineering, procurement and construction (EPC) sector. In the past seven days we have seen Saipem secure a USD1.8 billion deal for Stage 2 of the Shah Deniz Project, ICA Fluor win a substantial pipeline
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The Friday Flyer - May 2nd 2014
This week's round up of news from the world of heavy lift and project forwarding.
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Cargolux posts raised profits despite stale marketplace
May 1 - Cargolux Airlines International earned a full year net profit of USD8.4 million in 2013, compared with a USD35.1 million net loss in 2012.
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Changes at the top for Rickmers
April 30 - Tommorow (May 1) will see the high profile Ron Widdows step down from his position as chief executive officer of Rickmers Group.
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Rotterdam wins Brazilian business
April 30 - The Port of Rotterdam Authority and TPK (Terminal Presidente Kennedy) Logistica signed a joint venture agreement in Vit
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US report suggests no benefit to developing Arctic shipping
April 29 - There is little benefit to developing shipping infrastructure in the Arctic suggests a new report issued by the U.S. Government Accountability Office (GAO).