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• Geodis group operating profit increased by nearly 20%, reaching €53.1 million• Net debt was reduced by €67.5 million relative to that of 30 June 2005The Board of Directors of Geodis held a meeting on 29 August 2006 chaired by Pierre Blayau for the closing of the financial accounts of the first half of 2006.
The Alaskan Legend to be Delivered to BP on August 18General Dynamics NASSCO, a wholly owned subsidiary of General Dynamics (NYSE: GD), today held a ceremony to name the fourth and final double-hulled oil tanker it is building for BP Shipping Ltd., the Alaskan Legend. BP Shipping Ltd. is a wholly owned subsidiary and ship operating division of BP p.l.c. (ADR: BP).
Bombardier Aerospace announced that the Government of Spain has placed a firm order for one Bombardier 415 amphibious aircraft. The contract is valued at approximately 30.6 million $US and includes initial spare parts provisioning, training and technical support.
The Georgia Ports Authority’s (GPA) Board of Directors approved today an ambitious $82.6 million capital improvement plan. “We are committed to keeping one of Georgia’s strongest economic engines performing better than the competition,” said Senator Mack Mattingly, Chairman of the GPA Board of Directors. “This financial plan will increase our capacity and efficiency as well as significantly boost GPA’s economic impact throughout Georgia.”
Newbuilding "E.R. Toulouse" starts serviceFleet container capacity grows to 282,000 teu A further 12 units (63,000 teu) are planned by 2008The Hamburg based shipping company E.R. Schiffahrt has put another container ship into service today (Wednesday). The "E.R. Toulouse" is a super-post-Panamax newbuilding with a container capacity of 8,204 teu. This is the planned continuation of the newbuilding programme of the shipping line, which is part of the Nordcapital Group, Hamburg.
Russian Railways (RZD) and the Transport Ministry of the country sealed an understanding memorandum with German Siemens and Deutsсhe Bahn (DB) to cooperate in high-speed railway service. The experts say Siemens and DB may soon join the RZD project of high-speed railway, which is being revived.
On 17th June, Gdynia Container Terminal S.A. (GCT), a subsidiary of Hutchison Port Holdings (HPH), celebrated the official opening of Stage One operations at its facility in the Port of Gdynia, Poland. In commemoration of the special occasion, John Meredith, Group Managing Director of HPH and Wojciech Szczurek, Mayor of Gdynia, unveiled a plaque signifying the commencement of operations at GCT.
Two logistics centers, the Huangpu and New Airport international parks, are expected to be built in Guangzhou within the next four years, improving and extending current freight hubs.
Leading European supply chain solutions provider, Wincanton, has acquired a major new customer, the well-known tyre manufacturer Goodyear Dunlop Tyres. Wincanton is set to operate a newly-built central warehouse for the company in the Slovak town of Senec and manage the distribution of tyres from this warehouse throughout Slovakia, to the Czech Republic and to Hungary.
GAC Marine Logistics (GML) has added the teeming port city of Mumbai to its growing network of sales offices, to focus on major maritime decision makers in the Indian Subcontinent. Director Chris Steibelt says that with ever more maritime companies relocating their technical and purchasing functions to India, the region is a prime market for GML's integrated 'door-to-deck' ship spares delivery services.
