Latest news from Heavy Lift & Project Forwarding International Magazine

Business News from February 2017

GPA and VPA file agreement thumbnail image

GPA and VPA file agreement

February 27 - February 27 - The Georgia Ports Authority (GPA) and the Virginia Port Authority (VPA) have filed the East Coast Gateway Terminal Agreement with the Federal Maritime Commission (FMC).
Views: 662
Bahri adds Mumbai office thumbnail image

Bahri adds Mumbai office

February 27 - February 27 - Shipping company Bahri has opened a branch office in Mumbai to strengthen its presence in the fast-growing Indian maritime industry and lay the foundations to offer diverse shipping services to domestic customers.
Views: 719
MOL Logistics' plan to expand thumbnail image

MOL Logistics' plan to expand

February 24 - February 24 - MOL Logistics has submitted an application with the Indian government to establish a subsidiary in India.
Views: 533
Erring on the side of caution thumbnail image

Erring on the side of caution

February 24 - February 24 - Speaking at a recent Journal of Commerce webinar this week, Susan Oatway, associate director of Drewry Maritime Research, outlined some of the challenges, which still face the multipurpose and heavy lift shipping sector.
Views: 632
A record year for the Ports of Indiana thumbnail image

A record year for the Ports of Indiana

February 23 - February 23 - The Ports of Indiana has handled nearly 3.9 million tons (3.5 million tonnes) of cargo during the fourth quarter of 2016, the highest quarterly shipment total in the organisation's 55-year history.
Views: 456
HLPFI adds haulage expert to editorial team thumbnail image

HLPFI adds haulage expert to editorial team

February 22 - February 22 - Heavy Lift & Project Forwarding International (HLPFI) magazine has strengthened its editorial proposition and scope with the appointment of highly experienced and award winning commercial vehicle journalist and editor, Peter Shakespeare.
Views: 562
Bahri on line with Saudi Rail thumbnail image

Bahri on line with Saudi Rail

February 22 - February 22 - Bahri has signed a contract with Saudi Rail Company (SAR), for the provision of transportation and shipping services as well as Customs clearance support through Bahri Logistics, one of the six business units within the group.
Views: 746
DP World's Senegal expansion plans thumbnail image

DP World's Senegal expansion plans

February 17 - February 17 - DP World's Group chairman and ceo has discussed the benefits of long-term partnerships between governments and the private sector for Senegal and other African nations.
Views: 503
Forwarders criticise protectionism thumbnail image

Forwarders criticise protectionism

February 16 - February 16 - The International Federation of Freight Forwarders Associations (FIATA), the umbrella organisation for global freight forwarder associations, has commented on the value of free trade, trade facilitation, and trade development in the wake of
Views: 619
Shipowners' Club warns on charter parties thumbnail image

Shipowners' Club warns on charter parties

February 16 - February 16 - Mutual insurance association, The Shipowners' Club has issued advice for anyone planning to undertake a charter party with an unfamiliar entity and wants to ensure the charterer will pay their hire.
Views: 463
DSV invests in Immingham thumbnail image

DSV invests in Immingham

February 15 - February 15 - DSV is expanding its presence in Immingham, UK, adding a 100,000 sq ft (9,290 sq m) logistics facility to its existing facility, which will be fully operational at the end of May.
Views: 502
Sarens handles huge bridge pylon thumbnail image

Sarens handles huge bridge pylon

February 15 - February 15 - Sarens has transported and installed a 1,700-tonne pylon from Belgium to Sunderland, UK, for the New Wear Crossing bridge, which is scheduled to open in 2018.
Views: 575
Egytrans forecasts wind growth thumbnail image

Egytrans forecasts wind growth

February 14 - February 14 - Egytrans expects further growth in the wind energy sector in Egypt, as it claims that wind turbine transportation is one of the most promising fields for the company.
Views: 453
Consultant highlights bright spots for heavy lift thumbnail image

Consultant highlights bright spots for heavy lift

February 14 - February 14 - Douglas-Westwood (DW), a leading provider of market research and consulting services to the energy industry worldwide, has picked out offshore wind energy and decommissioning as two bright spots for the super-heavy lift shipping sector.
Views: 640
DSV's fourth quarter high thumbnail image

DSV's fourth quarter high

February 13 - February 13 - DSV has reported a net revenue increase of 39.8 percent in the fourth quarter of 2016, amounting to DKK17.6 billion (USD2.5 billion), which DSV claims is largely due to the acquisition of UTi Worldwide.
Views: 580
Rotterdam had a healthy and stable year thumbnail image

Rotterdam had a healthy and stable year

February 13 - February 13 - Throughput of freight in Rotterdam fell in 2016 by 1.1 percent to 461.2 million tonnes while the turnover of the Port of Rotterdam Authority remained stable at EUR675.4 million (USD718 million).
Views: 415
Market challenges Tiong Woon thumbnail image

Market challenges Tiong Woon

February 13 - February 13 - Tiong Woon Corporation reported a profit after income taxes of SGD3.43 million (USD2.42 million) for the first half of its current financial year, which ends on June 30, 2017.
Views: 638
Wilhelmsen figures on the up thumbnail image

Wilhelmsen figures on the up

February 13 - February 13 - In its fourth quarter 2016 results, Wilh. Wilhelmsen Holding (WWH) reported an increase in total income and operating profit when compared to the previous quarter.
Views: 314
Better prospects for dry bulk thumbnail image

Better prospects for dry bulk

February 10 - February 10 - Drewry's latest report on the dry bulk shipping market could be good news for those owning and operating multipurpose and heavy lift ships.
Views: 716
Hamburg disappointed at dredging delay thumbnail image

Hamburg disappointed at dredging delay

February 10 - February 10 - Angela Titzrath, chairwoman of Hamburger Hafen und Logistik AG (HHLA), has reacted with disappointment to yesterday's decision by the Federal Administrative Court in Leipzig, Germany that plans to dredge the River Elbe in Hamburg must be imp
Views: 535
Jaromin adds another Terex thumbnail image

Jaromin adds another Terex

February 9 - February 9 - Auto-Krandienst Jaromin, a crane rental company based in Oberhausen, Germany, has expanded its fleet with the acquisition of a Terex Explorer 5500 all terrain crane.
Views: 524
Lambertsson Kran's innovative pairing thumbnail image

Lambertsson Kran's innovative pairing

February 9 - February 9 - Lambertsson Kran is taking delivery of a Grove GMK4100L-1 and Samson K-100 synthetic rope, which the Swedish company will use together.
Views: 383
Maersk's finances fall thumbnail image

Maersk's finances fall

February 9 - February 9 - A.P. Møller-Mærsk's annual report for 2016 reveals a net loss of USD1.9 billion compared to a USD925 million profit in 2015.
Views: 456
Seattle appoints interim ceo thumbnail image

Seattle appoints interim ceo

February 8 - February 8 - David Soike has been appointed as interim ceo of the Port of Seattle, USA, following the resignation of Ted Fick.
Views: 392
First lift for Milwaukee crane thumbnail image

First lift for Milwaukee crane

February 7 - February 7 - A 300-ton (272-tonne) capacity Manitowoc crawler crane has made its first lift at the Port of Milwaukee, USA.
Views: 605
Pan Ocean back on track thumbnail image

Pan Ocean back on track

February 7 - February 7 - Mandatory disclosures of financial results for the fourth quarter of 2016 and the full 2016 financial year on the Singapore Stock Exchange (SGX) indicate that shipping company Pan Ocean finished its 2016 financial year with a net profit of US
Views: 666
Drewry launches credit research service thumbnail image

Drewry launches credit research service

February 7 - February 7 - Drewry Financial Research Services, the investment research arm of shipping consultancy Drewry, is launching a credit research service for the global maritime sector.
Views: 344
Worldwide slide for clean energy investment thumbnail image

Worldwide slide for clean energy investment

February 3 - February 3 - According to a Bloomberg New Energy Finance (BNEF) report, new investment in clean energy worldwide fell by 18 percent last year to USD287.5 billion despite a record year for offshore wind finance.
Views: 763
An ACE deal for OIA thumbnail image

An ACE deal for OIA

February 2 - February 2 - OIA Global has acquired American Cargo Express (ACE), which it believes will help expand its North American logistics and supply chain services.
Views: 696
Rigmarine anticipates Kazakh growth thumbnail image

Rigmarine anticipates Kazakh growth

February 2 - February 2 - Rigmarine has said that it sees potential in the mining and power industries in Kazakhstan, and is looking to meet the increasing demand from this sector via its Aktau, Kazakhstan facility.
Views: 838
Iliffe leaves Hansa Heavy Lift thumbnail image

Iliffe leaves Hansa Heavy Lift

February 1 - February 1 - With immediate effect, Roger Iliffe is leaving Hansa Heavy Lift and will be replaced by Steve Dawson and Alex Karakassis as managing directors.
Views: 708

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