Latest news from Heavy Lift & Project Forwarding International Magazine

Business News from February 2016

Kobelco merger to go ahead thumbnail image

Kobelco merger to go ahead

February 23 - February 23 - Kobe Steel will merge the businesses of Kobelco Construction Machinery and Kobelco Cranes together with effect from April 1, 2016.
Views: 247
Goffin takes Great Yarmouth reins thumbnail image

Goffin takes Great Yarmouth reins

February 23 - February 23 - Following the acquisition of Great Yarmouth Port Company (GYPC) last year, Peel Ports has named Richard Goffin port director at the UK gateway.
Views: 247
Challenging market harms Terex thumbnail image

Challenging market harms Terex

February 23 - February 23 - Terex has recorded an income from continuing operations of USD142.5 million in 2015, compared with USD259 million in 2014.
Views: 368
Jones in at Straightpoint thumbnail image

Jones in at Straightpoint

February 22 - February 22 - Straightpoint has named ex-NMB Technologies ceo, Myron Jones, as its operations manager in the USA.
Views: 288
Terex Konecranes merger on hold thumbnail image

Terex Konecranes merger on hold

February 22 - February 22 - In a stock exchange statement, Terex Corporation has said that "it would be prudent to pause the integration planning activities for its merger with Konecranes for the time being".
Views: 299
Vallur joins GAC thumbnail image

Vallur joins GAC

February 22 - February 22 - GAC has appointed Madhu Vallur as the group vendor manager for its oil and gas division.
Views: 209
POSH foresees 2016 challenges thumbnail image

POSH foresees 2016 challenges

February 19 - February 19 - Offshore marine services provider PACC Offshore Services Holding (POSH) posted a 20 percent year-on-year increase in revenue for 2015 at USD280.8 million.
Views: 338
'Great year' for Atlas Air thumbnail image

'Great year' for Atlas Air

February 19 - February 19 - Atlas Air Worldwide Holdings posted an adjusted net income of USD125.3 million for the 12 months ended December 31, 2015, compared with USD93.4 million in 2014.
Views: 203
Integrated makes big investment thumbnail image

Integrated makes big investment

February 19 - February 19 - Integrated Logistics has recently invested in an array of new equipment to cope with increasing demand and upcoming projects.
Views: 345
Metro Vancouver sees breakbulk slump thumbnail image

Metro Vancouver sees breakbulk slump

February 19 - February 19 - Port Metro Vancouver recorded a year-on-year decline in breakbulk metal imports during the second half of 2015, which it attributed to lower capital investments in the energy sector.
Views: 207
Cargolux promotes Jiang thumbnail image

Cargolux promotes Jiang

February 19 - February 19 - Cargolux has appointed Janet Jiang as its new regional manager, China.
Views: 295
Volumes down at NWSC thumbnail image

Volumes down at NWSC

February 18 - February 18 - Shipments undertaken by the North-Western Shipping Company (NWSC) in 2015 totalled 4.8 million tonnes - 14 percent lower than the previous year.
Views: 295
More losses at Nurminen thumbnail image

More losses at Nurminen

February 18 - February 18 - Against a backdrop of particularly challenging market conditions, Nurminen Logistics posted a negative net profit of EUR -4.4 million (USD -4.8 million) for 2015.
Views: 419
TTS predicts 'improving market' for heavy lift cranes thumbnail image

TTS predicts 'improving market' for heavy lift cranes

February 18 - February 18 - Marine and offshore equipment supplier TTS Group posted a turnover of NOK259 million (USD30.2 million) for its multipurpose/general cargo business in 2015, compared with NOK138 million (USD16.1 million) in 2014.
Views: 311
Jantzie up at C.H. Robinson thumbnail image

Jantzie up at C.H. Robinson

February 17 - February 17 - C.H. Robinson has promoted Bruce Jantzie to vice president of global forwarding, project logistics.
Views: 197
Dundee plans huge port investment thumbnail image

Dundee plans huge port investment

February 17 - February 17 - Forth Ports has unveiled plans to invest over GBP10 million (USD14.3 million) to create a new quayside with heavy lift capability at the UK's Port of Dundee.
Views: 360
North Sea decommissioning: changes afoot? thumbnail image

North Sea decommissioning: changes afoot?

February 17 - February 17 - Douglas Westwood's (DW) new publication, the North Sea Decommissioning Market Forecast 2016-2040, considers whether offshore decommissioning will continue to be carried out using heavy lift vessels.
Views: 371
Crane Worldwide names Barnes thumbnail image

Crane Worldwide names Barnes

February 15 - February 15 - Crane Worldwide Logistics has appointed Andrew Barnes as its new UK sales director, with effect from April 1, 2016.
Views: 338
Finnish rep for Flensborg thumbnail image

Finnish rep for Flensborg

February 15 - February 15 - Flensborg and Associates has appointed Jari Pirhonen as its Finnish representative.
Views: 314
DFDS names terminals manager thumbnail image

DFDS names terminals manager

February 12 - February 12 - In the UK, DFDS has appointed John Kendall as project cargo manager - terminals.
Views: 291
Time for Sommer at Gruber thumbnail image

Time for Sommer at Gruber

February 11 - February 11 - Intertransport Gruber has appointed Patrick Sommer as its new project manager.
Views: 326
Oversize cargo slides in Hamburg thumbnail image

Oversize cargo slides in Hamburg

February 11 - February 11 - The Port of Hamburg handled 1.7 million tonnes of non-containerised general cargo, including out-of-gauge and ro-ro cargoes, in 2015 - a 14 percent decrease compared with 2014.
Views: 292
2015 a 'good year' for DSV thumbnail image

2015 a 'good year' for DSV

February 10 - February 10 - DSV record a net revenue of DKK12.6 billion (USD1.89 billion) in the fourth quarter of 2015, a slight increase compared with the DKK12.53 billion (USD1.88 billion) recorded in the fourth quarter of the previous year.
Views: 262
Faktor 5 for Lee & Muirhead thumbnail image

Faktor 5 for Lee & Muirhead

February 10 - February 10 - Indian logistics and transport company Lee & Muirhead has invested in a Faktor 5 high girder bridge from Goldhofer for use in power generation projects.
Views: 236
Adoran to lead Ceva cluster thumbnail image

Adoran to lead Ceva cluster

February 9 - February 9 - Ceva Logistics has appointed Fuat Adoran to head up its Balkan, Middle East and Africa cluster.
Views: 387
SafmarineMPV down to one trade thumbnail image

SafmarineMPV down to one trade

February 8 - February 8 - Following the recent sale of its South Africa - West Africa multipurpose service to Cape Town based Fairseas International and the withdrawal of the line from the West Africa - US Gulf trade in early January 2016, multipurpose operator Safmar
Views: 348
Scheuerle delivers big to ALE thumbnail image

Scheuerle delivers big to ALE

February 8 - February 8 - ALE has taken delivery of 240 axle lines of Scheuerle's new generation of self-propelled modular transporters (SPMT).
Views: 299
PPG enjoys Mumbai meeting thumbnail image

PPG enjoys Mumbai meeting

February 8 - February 8 - The Project Professionals Group (PPG) held its ninth annual conference in Mumbai, India from February 3-5, which PPG general manager Kevin Stephens said was a "very successful event".
Views: 385
Konecranes to scale back thumbnail image

Konecranes to scale back

February 5 - February 5 - Konecranes intends to initiate actions aimed at annual cost savings of EUR25 million (USD27.9 million) by the end of 2017.
Views: 371
Flensborg appoints French rep thumbnail image

Flensborg appoints French rep

February 4 - February 4 - With immediate effect Chilean-born Don Whelan has been appointed French representative to Flensborg and Associates.
Views: 323
Dacotrans in Key merger thumbnail image

Dacotrans in Key merger

February 3 - February 3 - Dacotrans Sweden has merged with GH Transport and Key Logistics to form a medium-sized freight forwarding and logistics outfit.
Views: 361
MIQ strengthens Latin presence thumbnail image

MIQ strengthens Latin presence

February 3 - February 3 - MIQ Logistics has purchased assets in Miami, Florida based Alfa Logistics and Colombia's Kronos Logistics.
Views: 323
Crane sales slide at Manitowoc thumbnail image

Crane sales slide at Manitowoc

February 3 - February 3 - Manitowoc's cranes business has posted an 18.1 percent year-on-year decline in net sales for the fourth quarter of 2015.
Views: 259
Lake Charles prepares for boom thumbnail image

Lake Charles prepares for boom

February 3 - February 3 - The Port of Lake Charles has handled 220 components of a large Mammoet crane, which was shipped into the US gateway from Brazil on board BBC Chartering's heavy lift vessel BBC Fuji.
Views: 462
Atlas Breakbulk Alliance bags Pegg thumbnail image

Atlas Breakbulk Alliance bags Pegg

February 2 - February 2 - Atlas Logistics Network (ALN) has formed a separate organisation dedicated to the breakbulk and project cargo industry - the Atlas Breakbulk Alliance - which will be headed up by well known industry personality, Albert Pegg.
Views: 469
Longview names interim ceo thumbnail image

Longview names interim ceo

February 2 - February 2 - The Port of Longview's board of commissioners has voted in favour of appointing current chief operating officer, Norm Krehbiel, as the port's interim ceo.
Views: 211
Ahlers in ABA buy thumbnail image

Ahlers in ABA buy

February 2 - February 2 - Ahlers Belgium has acquired Antwerp Breakbulk Agencies (ABA).
Views: 337
Japanese carriers brace for tough 2016 thumbnail image

Japanese carriers brace for tough 2016

February 2 - February 2 - MOL has forecast a USD1.45 billion loss for its financial year ending March 31, 2016, as the Japanese line restructures its dry bulker and container shipping business areas.
Views: 413
CargoLogicAir takes off thumbnail image

CargoLogicAir takes off

February 2 - February 2 - The new British all-cargo airline, CargoLogicAir (CLA), has been awarded its Air Operator Certificate (AOC) by the UK Civil Aviation Authority.
Views: 311
Pan Ocean profit slides thumbnail image

Pan Ocean profit slides

February 1 - February 1 - South Korean shipowner Pan Ocean saw a 79.27 percent year-on-year decrease in its net profit for the fourth quarter of 2015.
Views: 166
Rickmers reconfirms positive forecast thumbnail image

Rickmers reconfirms positive forecast

February 1 - February 1 - Despite persistently challenging market conditions, the Rickmers Group has reconfirmed its positive forecast for the 2015 financial year with regards to revenues and EBITDA.
Views: 330
NBPC ceo takes on port role thumbnail image

NBPC ceo takes on port role

February 1 - February 1 - Current president and ceo of NYK Bulk & Projects Carriers (NBPC), Masamichi Morooka, has been appointed president of the newly launched Yokohama Kawasaki International Port Corporation.
Views: 265

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