All Investments articles – Page 48
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CSA urges ice breaker investment
March 21 - The Canadian Shipowners Association (CSA) is extremely concerned that Canada's ice breaker fleet will not be able to create and maintain the routes needed to move key cargo to Canadian and American industries.
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EPC round up - March 21, 2014
March 21 - Here is a round up of some of the most important developments in the engineering, procurement and construction (EPC) sector from the past week.
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The Friday Flyer - March 21st 2014
This week's round up of news from the world of heavy lift and project forwarding.
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WSS invests in Asia
March 19 - Wilhelmsen Ships Services (WSS) is expanding it network of supply points across Asia in response to an increasing level of oil and gas exploration and production in the region.
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Air Partner names interim cfo
March 17 - UK based charter broker Air Partner has named Neil Morris as interim chief financial officer (cfo) with effect from April 1, 2014.
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Ports name regional reps
March 14 - The Port of Antwerp is expanding its representation in North Rhine-Westphalia (NRW) with two new port representatives: Robert Giraud and Hans Knigs, who with Dr Dieter Lindenblatt complete Antwerp's team of German representatives.
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The Friday Flyer - March 14th 2014
This week's round up of news from the world of heavy lift and project forwarding.
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Ahlers sees Indian potential
March 13 - Ahlers India has celebrated 10 years of successful trading in the country by generating revenues of USD24.75 million during its 2013 financial year.
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Air Charter Service Group, Hangar 8 merger talks end
March 13 - Merger talks between the Air Charter Service Group (ACS) and Oxford-based aircraft management company Hangar 8 have been terminated, ACS confirmed today..
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Boskalis breaks records in 2013
March 13 - Royal Boskalis Westminster - the Netherlands based dredging and marine contractor - posted a record net profit of EUR366 million (USD511 million) in 2013, up from EUR249 million (USD347.7 million) in 2012.
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DHL's Forwarding and Freight division results hit by challenging business environment
March 12 -In Deutsche Post DHL's (DPDHL) 2013 results, announced earlier today, the companies Global Forwarding and Freight division was highlighted as the weaker performer in what was largely a successful year for the group.
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Royal Arctic Line reports deficit
March 12 - A 9.1 percent decrease in freight volumes to and from Greenland has resulted in Royal Arctic Line posting a loss before tax and minority interests of DKK20 million (USD3.7 million) and DKK14million (USD2.6 million) after tax for 2013.
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Sea Star and Horizon face the music
March 11 - Sea Star Line LLC and Horizon Lines LLC will pay a USD3.4 million settlement to resolve allegations that they violated the False Claims Act when they knowingly fixed the price of government cargo transportation contracts between the USA and Pue
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PSA Marine enters PB Sea-Tow talks
March 11 - Hong Kong headquartered Pacific Basin Shipping Limited has entered into discussions with PSA Marine to divest its harbour towage, offshore towage and infrastructure support business, PB Sea-Tow.
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ArcelorMittal chooses PKP for super-long lines
March 11 - Poland headquartered rail freight specialist PKP Cargo Logistics has started handling 120 m long steel railway lines on behalf of ArcelorMittal, the world's largest steel producer.
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Antwerp goes on the road with steel and breakbulk
March 10 - The Port of Antwerp is taking its roadshow to China once more visiting Shenzhen, Shanghai and Ningbo with the emphasis on promoting its services for the steel and breakbulk sectors.
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ENTREC fixes funds
March 7 - ENTREC Corporation has closed a new USD240 million senior secured asset-based credit facility, the ABL Facility, with a syndicate of lenders led by Wells Fargo Capital Finance Corporation Canada.
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The Friday Flyer - March 7th 2014
This week's round up of news from the world of heavy lift and project forwarding.
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Panalpina EBIT on the up
March 5 - International freight forwarding and logistics company Panalpina reported an earnings before interest or taxes (EBIT) of CHF48 million (USD54 million), or CHF108 million (USD121 million) when adjusted for non-recurring items, which is more than
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President's FY 2015 budget harmful to seaports?
March 5 - The American Association of Port Authorities (AAPA) has expressed both encouragement and disappointment over the funding levels and programmatic changes in federal port-related programmes that were proposed in the President's FY 2015 budget.