All Investments articles – Page 74
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Dockwise positions itself for offshore growth
ebruary 28 - Dockwise recorded adjusted 2010 full year revenues of USD439 million, down on 2009.
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Fairstar posts small net profit for 2010
February 28 - Fairstar Heavy Transport's audited financial statement for 2010 records a net profit after tax of USD228,000 and highlights the company's success in raising almost USD100 million that is being invested in two new open stern, semi-submersible
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Increased profits for Toll
February 25 - Toll Holdings, the Asia-based transport and logistics provider, recorded an 18 0ncrease in reported profits after tax to USD173 million and a 28% jump in revenue to USD4.2 billion for the six months ended 31 December 2010.
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Business is booming for Nooteboom
February 24 - Trailer manufacturer Nooteboom says it has experienced increased demand for its products since the fourth quarter of 2010 and is ramping up production of its semi and drawbar trailers.
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PCN secures representation in Russia's biggest port
February 22 - ABL Novorossiysk has joined the the Project Cargo Network as its representative in Russia.
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Heavy cargoes boost Wilhelmsen results
February 17 - A substantial increase in volumes supported by a healthy balance between cars and high and heavy cargoes were key factors behind the solid rebound in Wilh. Wilhelmsen's operating profit and total income for 2010 compared with 2009.
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Project forwarder network expands global footprint
February 16 - Heavy lift freight forwarding network, the Project Professionals Group (PPG), has strengthened its global footprint with several new appointments.
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Saint Petersburg commits to investment
February 15 - In 2010, the Sea Port of Saint-Petersburg group of companies transferred over RUB1.1 billion (USD0.03 billion) for the implementation of port infrastructure development programmes.
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Could GE technology reduce heavy lift demand in wind farm construction?
February 14 - Last week's statement from GE that it has acquired new technology to help build taller wind turbine towers that produce more electricity could have an impact on heavy lift companies focusing on the installation work involved in wind farms.
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Antwerp and Essar sign memorandum
February 11 - Port of Antwerp International (PAI), a subsidiary of Antwerp Port Authority, has signed a Memorandum of Understanding (MoU) with Essar Ports in which the two parties declare their intention of collaborating as strategic partners in port deve
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Beluga confirms anti-piracy guards to be deployed
February 11 - Following the terrible hijacking of its ship, Beluga Nomination, Beluga Shipping has confirmed that it is deploying private security guards aboard some of its ships off the Somali coast and rerouting other vessels.
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Fairstar results highlight low utilisation in last quarter
February 10 - Fairstar Heavy Transport recorded a loss of USD2.7 million for the Fourth Quarter of 2010.
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Dockwise selects Hyundai
February 7 - Dockwise has appointed Hyundai Heavy Industries (HHI) of Korea as yard to build its new ship to service the emerging market for ultra-large transports - see previous news items posted here on November 8 and 23.
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Georgia Ports Authority Selects Lynch as Chief Operating Officer
February 2 - Georgia Ports Authority's (GPA) has named Griffith Lynch as Chief Operating Officer, effective mid-March 2011.
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Big lift helps Sembcorp towards greener future
January 25 - Sembcorp engineers and specialist heavy lifting contractors worked together to ensure the latest piece of green technology was safely lifted into place at Wilton Power Station.
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Bryn Thomas Crane Hire back in business
January 25 - The directors of Bryn Thomas Crane Hire are back in business operating from associated companies Bryn Thomas Cranes Ltd and Bryn Thomas Holdings Ltd.
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GAC Nigeria ethical practices gain TRACE certification
January 20 - GAC Clearing & Forwarding (Nigeria) has been recognised for its commitment to strict ethical business practice by major international anti-bribery association, TRACE.
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Energy market powers CEVA expansion in West Africa and Central Asia
January 19 - Expansive growth in the energy sector has persuaded CEVA Logistics, a leading global supply chain management company, to increase its presence in West Africa and Central Asia, areas which will be managed under CEVA's Southern Europe, Middle E
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Rickmers-Linie appoints Colombian agent
January 18 - Rickmers-Linie, the Hamburg-based specialist for breakbulk, heavy lift and project cargo, has appointed Gerleinco, Bogota, as its agent in Colombia with immediate effect.
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Heavy lift crane developments driven by higher loads
January 17 - Industry observers have noted the significant co-incidence that as the current Heavy Lift & Project Forwarders International (HLPFI) is published containing an insightful article into the activity of crane manufacturers, clear trends are bein