South Africa’s growing SMEs need effective communications but want to avoid heavy investment and long-term commitments—and Nashua Mobile believes it has the answer.
Greek shipping company Box Ships has agreed to acquire two post-Panamax container vessels from OOCL for $31.15 million per vessel.
The two 5,344 TEU post-Panamax ships are the 1995-build OOCL Hong Kong and the 1996-build OOCL China. The expected dates of delivery for both vessels to the company are to take place mid-July.
Businesses around the world are recognising the growth potential of Asia. Incredibly diverse, it has wide cultural differences and varying levels of political maturity, governmental regulation and technological infrastructure. It is also subject to extremes of nature which can severely impact people and infrastructure. Jim Clarke, senior vice president of Telstra International Global Carrier Services, believes this diversity is central to the business opportunity, but creates a number of potential risks which must be addressed.
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The Irish Dairy Board (IDB) has entered into an agreement to sell its Belgian continental cheese packing operation, IDB Belgium, to Netherlands-based Royal FrieslandCampina.
The transaction, which is subject to regulatory approval, is expected to be completed by 31 July 2012.
Proceeds from the transaction will be invested in furthering the IDB’s strategic growth plans and in international acquisition prospects.
Anadarko Petroleum has announced the discovery of a “significant” natural gas accumulation at one of its wells offshore Mozambique.
The discovery was made in the Offshore Area 1 of the Rovuma Basin. The Atum discovery well encountered more than 300 net feet (92 metres) of natural gas pay in two high-quality Oligocene fan systems, the company said.
Insight Imaging, based in Lake Forest, California, and Center for Diagnostic Imaging, based in Minneapolis, Minnesota, today announced plans to merge.
Together, Insight and CDI will form one of the largest medical imaging and related services organizations in the US, with a footprint of 116 fixed centers in 25 states and 90 mobile MRI and PET/CT units. The transaction is expected to close in July.
Canadian engineering consultancy Genivar has announced it will merge with its UK-based rival WSP.
Genivar will acquire all of WSP’s shares for around £278 million.
The companies said that given their complementary geographic footprints, end-market exposures and service offerings and limited client overlap, the business fit is expected to provide revenue diversification as well as enhanced capabilities to better serve their combined client base on a global basis.
Harry Winston Diamond Corporation announced its first quarter Fiscal 2013 results today for the quarter ending 30 April 2012.
Consolidated sales increased 34 percent to $192.5 million for the first quarter compared to $143.9 million for the comparable quarter of the prior year. Operating profit was $18.7 million compared to $4.7 million in the comparable quarter of last year.