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Record profits for Tiong Woon
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August 28 - Singapore-based Tiong Woon, a leading, one-stop integrated services provider of infrastructure businesses for the oil and gas, petrochemical, power and construction industries, has announced record profits for its financial year ending 30 June 2009.
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Heavy lift bonus for Panalpina
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August 28 - High and heavy activities are not a core activity for global forwarder Panalpina’s airfreight arm but at present the sector is proving a lifeline in the current economic misery faced by the global freight forwarding industry.
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Advance shows its bottle in Poland
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August 28 - International freight forwarder, Advance International Transport, is working on a major project freight management contract on behalf of Mitsubishi Heavy Industries (MHI), shipping thousands of tonnes of machinery and material to support the construction of the first PTA (purified terephthalic acid) plant in Poland.
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POST holed
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August 27 - (By Dale Crisp) Asia-Australia breakbulk and project veteran Pacific Orient Sea Transport (POST) has ceased trading after falling victim to high period charter rates, aggressive competition and the regional impact of the global financial crisis.
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BDP Project Logistics opens in Abu Dhabi
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August 27 - BDP Project Logistics, a wholly owned subsidiary of BDP International based in Singapore, has opened an office in Abu Dhabi.
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Demag results slide
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August 27 - Demag Cranes AG has seen its results suffer a “dramatic decline” in the third quarter of its 2009 financial year.
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World Crane and Transport Summit 2009
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August 27 - The countdown has started for the inaugural World Crane and Transport Summit 2009 which will take place on 22 and 23 October 2009 at the Hotel Okura in Amsterdam.
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BBC Chartering reduces South American tariffs
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August 26 - With effect of all sailings from September 14, BBC Chartering, the project cargo and breakbulk shipping line, will implement a 20 percent reduction in the tariff of its breakbulk liner routes serving the following trades:
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Deadline looms for BIFA Awards
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August 26 - If you're a forwarder involved in project cargoes, time is running out for you to enter this year's freight industry awards organised by the British International Freight Association (BIFA).
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Donjon moves forward with Fedra removal
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August 26 - Further to our report of June 29, Donjon Marine continues work on a contract for the wreck removal and disposal of the remnants of Fedra which, in October 2008, grounded and sank during a severe storm of Gibralter.
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