More news – Page 591
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News
Eye-watering loss for Nord/LB
November 25 - German state bank Nord/LB, the country's second-largest ship financer, revealed a further decline in results on Thursday and indicated that its full-year losses would surpass an eye-watering EUR1 billion (USD1.05 billion).
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EC green lights Hapag-Lloyd and UASC merger
November 25 - The European Commission has approved the merger between Hapag-Lloyd and UASC - subject to certain conditions, including the latter withdrawing from the North Atlantic trade.
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PCN holds sixth summit
November 25 - The Project Cargo Network (PCN) welcomed over 175 attendees from more than 70 countries to its sixth annual summit, which took place at the Radisson Blu in Dubai from November 19-21.
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ALE jib set for mid-2017 job
November 24 - ALE is progressing with the fabrication of a new heavy-duty jib for its AL.SK190 and AL.SK350 cranes.
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Swedish Orient adds sailing
November 24 - From today, Swedish Orient Line (SOL) is increasing the frequency of its sailings between the port of Gothenburg, Sweden and Zeebrugge, Belgium to seven times per week in each direction.
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UECC's dual-fuel LNG ship named
November 24 - United European Car Carriers (UECC) named the world's first dual-fuel LNG pure car truck carrier (PCTC), Auto Eco, at a ceremony at the Port of Zeebrugge earlier this week.
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Chapman adds managerial pair
November 24 - Chapman Freeborn Airchartering has appointed Pierre van der Stichele to the role of group cargo operations director.
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Cortland seals partnership deal
November 23 - Customised rope and cable specialist Cortland Company has signed a cooperation agreement with specialist hoisting and lifting solutions provider KWINT Offshore.
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Hewden goes into administration
November 23 - UK based Hewden Crane Hire has collapsed into administration, with A-Plant acquiring three of the company's divisions.
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Scandinavian Shipping promotes Sundblad
November 23 - Pär Sundblad has been appointed managing director of Scandinavian Shipping & Logistics.
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ACS flies record American load
November 23 - Air Charter Services (ACS) chartered Antonov Airlines' AN-225 freighter to transport a 182-tonne transformer from Brazil to Chile - which it claims is the heaviest single unit of cargo to be transported by air in the Americas.
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BIMCO adopts ship financing term sheet
November 23 - BIMCO's Documentary Committee has approved a standard term sheet for use in ship financing transactions.
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Fratelli Neri adds Damen trio
November 22 - Italian towing company Fratelli Neri has expanded its fleet with the delivery of three new Damen workboats.
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Weinberg up at Canaveral
November 22 - Tom Weinberg has been selected to serve as chairman of the Canaveral Port Authority.
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Bolloré adds Charleston branch
November 22 - Bolloré Logistics USA has opened a new office in Charleston, South Carolina.
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Blue Water delivers to White Rock
November 22 - Blue Water Shipping has coordinated the first shipment of wind turbines for the White Rock wind farm in New South Wales from China to the Port of Newcastle in Australia.
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RHA launches abnormal loads forum
November 17 - As a direct result of a meeting between its abnormal loads liaison group, the UK's Road Haulage Association (RHA) has established an abnormal loads cross industry forum and working group to address concerns affecting the industry.
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Sterett lifts the lid with Terex
November 21 - Sterett Crane & Rigging has completed the lid removal and replacement of eight anaerobic digester tanks at two wastewater treatment plants in Evansville, Indiana using a 400-tonne capacity Terex CC 2400-1 lattice boom crawler crane.
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ITIC warns over misread tariffs
November 22 - According to the International Transport Intermediaries Club (ITIC), the misreading of tariffs in shipping documentation is a common cause of costly claims.
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ITS reels it in
November 21 - ITS International Transport & Shipping has coordinated the shipment of 15 cable reels to Jebel Ali in the UAE.