Superior Unveils Mobile Ship Loading Conveyor
Superior Industries, a U.S.-based manufacturer and global supplier of bulk material processing and handling systems, recently developed a new model TeleStacker Conveyor for loading dry bulk cargo ships. This multipurpose, highly mobile conveyor incorporates truck unloading and ship loading capabilities into a single machine.“Since expanding our TeleStacker Conveyor to marine-based applications in the early 2000s, we’ve collected hundreds of data points, design preferences and functional requirements from operators and engineers,” said Scott Gulan, sales manager at Superior.
Fitch Ratings: Demand Risks Weigh on Global Shipping Sector Outlook
The global shipping sector outlook remains negative reflecting the demand-side risks of protectionism and slower economic growth, Fitch Ratings says. Higher fuel costs and sulphur regulation will also put pressure on shippers.Partly offsetting an unfavourable environment are emerging signs of better capacity management by shipping companies, which is key to a sustainable balance and freight rates that support consistent profitability. We expect better fundamentals in container and dry bulk…
Moody's Changes Hapag-Lloyd Rating to Stable
Moody's Investors Service has changed to stable from negative the outlook on the B2 corporate family rating (CFR), the B2-PD probability of default rating (PDR) and the Caa1 senior unsecured rating of Hapag-Lloyd AG. Concurrently, Moody's has affirmed the ratings assigned to the company including its B2 CFR, B2-PD PDR and Caa1 senior unsecured rating. Headquartered in Hamburg, Germany, Hapag-Lloyd AG is the fourth-largest container shipping company in the world measured in TEU. During 2014, Hapag-Lloyd reported revenues EUR6.8 billion.
Harley Marine N.Y. Receives EPA Award
Harley Marine NY, a subsidiary company of Harley Marine Services has been selected to receive a 2010 U.S. Environmental Quality Award from the Environmental Protection Agency. Harley Marine NY has demonstrated an outstanding commitment to protecting and enhancing environmental quality and public health. This award is the highest recognition presented to the public by the EPA. In addition to exceeding compliance with local, state and federal environmental regulations and requirements, Harley Marine New York continues to lead the way with the following innovative and environmentally responsible programs: company-wide ISO 9001 and 14001 standardization for Safety and Environmental Management Systems…
