Search results for: growth

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  • 29 March 2012

      DP World today announces strong financial results from its global portfolio of marine terminals for the twelve months to 31 December 2011, delivering a better than expected profit for the year, after separately disclosed items, of $751 million, 67% ahead of last year. Highlights – Consolidated volumes of 27.5 million TEU (twenty foot equivalent […]

  • 28 January 2011

    The President and CEO of Wärtsilä Corporation, Mr Ole Johansson, has decided to retire after turning 60 years of age in June, using the right stipulated in his executive contract. The exact timing of his retirement will be announced later. Also, Mr Johansson will not be available to continue in his position as a member […]

  • 8 December 2011
    Business & Finance, Vessels

    In pursuing efforts to gain international expansion, IHC Merwede is looking forward to declaring the acquisition of several Asian shipyards in the upcoming quarter, Reuters reports. The global market leader for efficient dredging and mining vessels and equipment, IHC Merwede is well equipped for future expansion. Earlier this year, the company secured the financial backing […]

  • 7 November 2014
    Business & Finance

    Moody’s Investors Service reaffirmed an A1 rating for the SC Port’s Authority’s outstanding debt, citing a strong economy and deep-water harbor as key drivers of the SCPA’s stable financial outlook. In a report released yesterday, Moody’s referenced SCPA’s current harbor depth as a competitive advantage that will be significantly enhanced by the end of the […]

  • 9 March 2011

      Research and Markets has announced the addition of the “Egypt: Transport and Logistics Sector 2010 – 2011” report to their offering. Water is still key to Egypt’s Economic health. During 2010 there was moderate growth in the sector and the start of new initiatives to increase internal trade using the river Nile. Medium and […]

  • 21 January 2016
    Business & Finance, Project & Tenders

    South Carolina Ports Authority (SCPA) posted 10 percent container growth in 2015, a year highlighted by strong volumes and significant progress on the harbor deepening project. The company handled 144,718 twenty-foot equivalent units (TEUs) in December, pushing total container volume to 1.97 million in 2015. As measured in pier containers, or total boxes handled, SCPA’s two […]

  • 23 March 2011
    Business & Finance

      DP World has delivered a positive and encouraging financial performance from its global portfolio of marine terminals, which reflect a stronger second half of the year as volume and revenue growth continued to improve on the first half of the year. This, coupled with continuing of cost management and improved terminal efficiencies, resulted in a return to EBITDA […]

  • 24 April 2014
    Business & Finance, Equipment, Technology

    Astika Holdings Inc. is finalizing the acquisition and accelerating the audit process in order to be able to bid on dredging projects in China, Australia and Africa. The China and global dredging market will continue to grow due to growing China and world populations, higher energy demand, increasing seaborne trade, rising size of container vessels, […]

  • 7 October 2014
    Business & Finance, Project & Tenders

    iPS has attracted Peter Hinssen to their team, he brings with him a wealth of maritime experience and knowledge built up over the years with Boskalis and National Marine Dredging Company (NMDC), amongst others. Following its growth aspirations, iPS is confident that along with Peters’ ambition and drive he will further enhance iPS position giving […]

  • 27 November 2012

    A concrete decision about the Salalah Port expansion plan will be introduced next year, according to Peter Ford, Chief Executive Officer of Salalah Port Services. Mr. Ford stated: “We have seen a growth of around 15 pct till the third quarter of this year. If we can expect that again on a regular basis, we […]

  • 6 June 2013
    Business & Finance

    The National Marine Dredging Company (NMDC) was ranked No. 1 on the category of services in the Top 500 Companies of the Arab World 2013 by Forbes Middles East (Saudi Arabia, Jordan, Egypt, Oman, Qatar , Kuwait , UAE…). NMDC received the award from H.H. Sheikh Nahayan Mubarak Al Nahayan, Minister of Culture, Youth and […]

  • 25 September 2014
    Business & Finance, Equipment, Technology

    U.S. Congressman Bill Enyart (IL-12) announced yesterday that the Kaskaskia Regional Port District has been awarded $322,000 to develop road and water infrastructure for industrial growth. “Southern Illinois needs job growth and economic opportunity in the region,” said Enyart. “The grant awarded yesterday is a great opportunity for the Kaskaskia Port region to continue developing jobs and […]

  • 21 August 2014
    Business & Finance

    The South Carolina Ports Authority has reported 2014 fiscal year-end operating earnings of $14.3 million, 20.7 percent over the organization’s financial plan. From July through June, the SCPA posted operating revenues of $164.1 million, an increase of nearly 17 percent over the previous fiscal year. FY2014 expenses totaled $149.9 million. “With the Port’s aggressive capital plan […]

  • 22 July 2014
    Business & Finance, Equipment, Technology

    SC Ports Authority reported a strong finish for the 2014 fiscal year with 8 percent container growth, an increase of 2 percent over projected plans. “Our above-market fiscal year growth again this year is testament to strong performance in our major business segments,” said SCPA president and CEO Jim Newsome. “The implementation of our strategic […]

  • 6 May 2015
    Business & Finance

    The new $85 million Berth 8 facility at the Port of Townsville is now open for business. According to Treasurer Curtis Pitt, the new facility is an important piece of infrastructure that will bring widespread economic benefits to North Queensland. “It’s another sign that Queensland is open for business and of the State Government’s willingness to engage with industry […]

  • 1 February 2012

    With the continued unpredictability of world markets, the shipping and port industry needs to watch for new frontiers for growth and emerging new patterns in global trade, said Mohammed Al Muallem, Senior Vice President and Managing Director, DP World, UAE Region. In a keynote speech to the second Middle East Liner Shipping Conference (MELSC) 2012, […]

  • 7 February 2010

    Adopting sustainable practices is a passport to future growth. Source: World Trade, February 6, 2010

  • 12 March 2012

    OITE Conferences in association with the Ministry of Transport & Communication announced the 3rd Annual TransOman Conference 2012, which will take place from 14th – 16th May, at the Grand Hyatt in Muscat. The conference aims to promote Oman’s potential as the next Middle East logistic hub and gateway to the world. A first of […]

  • 27 May 2013

    The role of transport and logistics has become increasingly important to accelerate the growth of Namibia’s economy and with the rapid growth in cargo volumes along the Walvis Bay corridors through the port of Walvis Bay and the benefits that the trade routes have to offer, Walvis Bay has been identified to become the logistics […]

  • 29 August 2013
    Business & Finance

    DP World Limited announces 26% increase in like-for-like profit for the six months ended 30 June 2013. “DP World is pleased to announce another strong set of first half results in spite of challenging market conditions. We are on track with our substantial investment plan and on schedule to deliver an additional 10 million TEU […]

  • 13 January 2014
    Business & Finance, Equipment, Technology

    SLPA has record a growth of 12.3% TEUs in transshipment operations during last year compared to the same period of 2012. Against 1,584,985 TEUs handled in this regard in 2012, SLPA has handled a total transshipment volume of 1,779,882 TEUs in 2013. SLPA has also shown a 1.8% growth in domestic operations in 2013 compared […]

  • 19 July 2018
    Business & Finance

    South Carolina Ports Authority (SCPA) said in its latest release that they achieved strong performance across multiple business segments in fiscal year 2018, accomplishing new records for monthly and annual container volumes as well as progress of key capital projects. “SCPA had an ambitious growth plan for the 2018 fiscal year, and our progress across […]

  • 17 September 2018
    Business & Finance

    The International Association of Dredging Companies (IADC) has just presented the 2017 edition of Dredging in Figures, an annual review of the global dredging market including the international dredging industry’s revenue. This paper highlights essential information about the dredging industry. Facts and figures are divided into sections addressing sustainability, emissions and safety as well as the drivers […]

  • 9 February 2017
    Business & Finance

    The Baker-Polito Administration’s Seaport Economic Council (SEC) has announced a total of $5 million in awards for 13 coastal communities. These grant awards will advance collaborative initiatives to improve public infrastructure and promote maritime economic development in a wide array of coastal cities and towns. “The Blue Economy is an integral component of Massachusetts’s long-term […]

  • 6 January 2015
    Business & Finance

    Abu Dhabi Terminals (ADT) has announced a financing agreement with Abu Dhabi Commercial Bank (ADCB) for the development of Khalifa Port Container Terminal (KPCT). This AED 300 million ($81.6 million) agreement marks the first long-term finance solution for ADT and extends ADCB’s relationship with the terminal operator to support ADT’s ambitious growth strategy and contribute […]

  • 30 March 2012

    Hamburger Hafen und Logistik AG (HHLA) experienced above-average growth in its core markets in the 2011 financial year, increasing both its revenue and its results considerably. Container throughput rose by 21.3 percent to 7.1 million standard containers (TEU), and container transport went up by 11.3 percent to 1.9 million TEU. Revenue grew by 14.0 percent […]