Latest news from Heavy Lift & Project Forwarding International Magazine

Business News from January 2017

Sinotrans Shipping forecasts losses thumbnail image

Sinotrans Shipping forecasts losses

January 31 - January 31 - Hong Kong-based Sinotrans Shipping has issued a warning that it expects a substantial increase in net losses for the 12 months ending December 31, 2016, compared to the deficit recorded in 2015.
Views: 466
Brunoni wins UAL business thumbnail image

Brunoni wins UAL business

January 31 - January 31 - Universal Africa Lines (UAL) has appointed O. Brunoni as its agent in Switzerland.
Views: 787
New commissioners at Duluth thumbnail image

New commissioners at Duluth

January 30 - January 30 - The St. Louis County (SLC) board has appointed two new commissioners - Patrick Boyle and Pete Stauber - to the Duluth Seaway Port Authority Board in the USA.
Views: 388
Good move on the Mersey thumbnail image

Good move on the Mersey

January 27 - January 27 - John Good Shipping is opening a refurbished, 2,200 sq ft (204.4 sq m) office at Burlington House near the Port of Liverpool, to further expand its freight forwarding, ship agency and airfreight activities in the northwest of the UK.
Views: 368
Marler makes the cut thumbnail image

Marler makes the cut

January 25 - January 25 - The Port of Vancouver, USA has appointed Julianna Marler as permanent chief executive officer (ceo).
Views: 464
Airfreight prepare for takeoff at Luxembourg thumbnail image

Airfreight prepare for takeoff at Luxembourg

January 24 - January 24 - The growth of airfreight at Luxembourg Airport continued increasing by 8.2 percent compared with 2015, with an 8.5 percent growth in oversized shipments.
Views: 442
GPO Heavylift prepares for action thumbnail image

GPO Heavylift prepares for action

January 23 - January 23 - The launch of GPO Grace, GPO Heavylift's first 65,000-dwt semi-submersible newbuilding, in December last year at China Shipbuilding Corp's (CSBC) Kaohsiung shipyard in Taiwan was a major turn of events for the heavy lift sector of the shippin
Views: 749
Kent sworn in at Pentagon thumbnail image

Kent sworn in at Pentagon

January 23 - January 23 - Pentagon Freight Services has appointed Chris Kent as global project director, effective January 9, 2017.
Views: 210
Industry prepares for widespread consolidation thumbnail image

Industry prepares for widespread consolidation

January 17 - Consolidation was the word on everybody's lips at the Breakbulk Americas 2016 exhibition held from September 26-29 in Houston, USA. Annie Roberts reports from the show.
Views: 570
GAC shuffles management thumbnail image

GAC shuffles management

January 17 - January 17 - Recent management appointments at the GAC Group include GAC Dubai's managing director Stuart Bowie taking over as group vice president - commercial. Effective February 1, 2017, he will replace Christer Sjödoff, who retires at the end of Janua
Views: 590
Rumours fuel OOCL share price rise thumbnail image

Rumours fuel OOCL share price rise

January 13 - January 13 - The share price of Orient Overseas International (OOIL), the parent company of shipping line Orient Overseas Container Line (OOCL), has jumped more than 25 percent since the end of 2016, reaching a 52-week high of HKD39.70 (USD5.12) on Wednes
Views: 443
Wood Mackenzie predicts upstream growth thumbnail image

Wood Mackenzie predicts upstream growth

January 13 - January 13 - Wood Mackenzie is forecasting that the investment cycle in the upstream oil and gas industry will show the first signs of growth in 2017 since 2014 and final investment decisions (FIDs) will double, compared with 2016.
Views: 367
Sarens appoints new CFO thumbnail image

Sarens appoints new CFO

January 12 - January 12 - Ludo Verrijken has been appointed chief financial officer of Sarens Bestuur with immediate effect.
Views: 242
World Bank forecasts higher growth thumbnail image

World Bank forecasts higher growth

January 12 - January 12 - The world economy is expected to expand 2.7 percent this year, recovering from a post-crisis low in 2016, thanks to rising commodity prices and Donald Trump's stimulus, the World Bank said in its latest Global Economics Prospects report.
Views: 479
Simest invests in Fagioli thumbnail image

Simest invests in Fagioli

January 11 - January 11 - Simest, part of the Italian CDP group, has acquired 9 percent of Fagioli Group's subsidiary in North America.
Views: 303
Kestrel flies with Carpenters thumbnail image

Kestrel flies with Carpenters

January 10 - January 10 - Kestrel Liner Agencies has been appointed liner agent in the UK, Europe, Africa and the USA for MBf Carpenters Shipping, and can now offer a weekly service to Papua New Guinea, Solomon Islands and Vanuatu.
Views: 704
Osprey Heavy Lift secures funding thumbnail image

Osprey Heavy Lift secures funding

January 6 - January 6 - A joint venture created in 2015 between Osprey Maritime and the Allelys Group has secured a GBP7.5 million (USD9.3 million) financial package from HSBC.
Views: 553
Done deal for Konecranes and Terex thumbnail image

Done deal for Konecranes and Terex

January 5 - January 5 - Konecranes has completed the acquisition of Terex's material handling and port solutions (MHPS) business.
Views: 412
Wolberg heads up Hamburg's Unikai thumbnail image

Wolberg heads up Hamburg's Unikai

January 5 - January 5 - Hartmut Wolberg succeeds Michael Sieck as the new managing director of Unikai Lagerei- und Speditionsgesellschaft.
Views: 314
Recovery in sight says Drewry thumbnail image

Recovery in sight says Drewry

January 4 - January 4 - According to the latest Multipurpose Shipping Market Review and Forecaster report, published by Drewry, the multipurpose shipping market will see the first signs of recovery by the end of 2017.
Kotug names Munir thumbnail image

Kotug names Munir

January 3 - January 3 - The supervisory board of Kotug has appointed Osman Munir as its new chief commercial officer.
Views: 249
Gearbulk-Grieg venture named thumbnail image

Gearbulk-Grieg venture named

January 3 - January 3 - Gearbulk and Grieg Star have confirmed that their new joint venture company will be named G2 Ocean.
Views: 449

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