by CanadianSailings | Dec 10, 2012 | Other, Shipbuilding and Repair
Steve Durell, a 27-year veteran of Irving Shipbuilding and until recently its President, is no longer with the company. The circumstances surrounding his departure are not publicly known. Ross Langley, Vice-Chairman, will be responsible for assuming his duties until a...
by CanadianSailings | Dec 10, 2012 | Business and Economy, Other
As Canadian Sailings reported in its October 22 issue, it appeared that BHP Billiton was set to sell its controlling share in the Ekati diamond mine in the Northwest Territories. Recently, BHP confirmed that it was selling its stake in the mine, as well as its...
by CanadianSailings | Dec 10, 2012 | Business and Economy, Other, Supply Chain and Logistics
The Kuehne + Nagel Group reported improved results in the third quarter of 2012 due to volume increases in seafreight and airfreight and greater attention to cost management. Compared to the previous year’s third quarter, revenues grew by 12.4 per cent and gross...
by CanadianSailings | Dec 10, 2012 | Business and Economy, Other
During the first nine months of 2012, Port of Hamburg handled total tonnage of 98.1 million tonnes, down 0.8 per cent from a year earlier. Container traffic (6.7 million TEUs) fell 0.6 per cent. The downturn in container traffic was due to a decline in trade with...
by CanadianSailings | Dec 10, 2012 | Business and Economy, Other
Agility reported a net profit of KD 9.75 million and earnings per share (EPS) of 9.81 fils, compared to the Q3 2011 net profit of KD 8.05 million and EPS of 8.04 fils. Excluding one-off items in Q3 2011, EBITDA increased 65% compared to the same period last year....
