Latest news from Heavy Lift & Project Forwarding International Magazine

Blue Water 'extraordinarily satisfied' with 2014 result

June 3 - Blue Water Shipping posted an 11 percent increase in turnover and an 80 percent increase in total profit in 2014, compared with 2013.

Blue Water Shipping achieved a total turnover of DKK4.98 billion (USD742 million) in 2014, which represents a DKK497 million (USD74 million) increase over 2013. The company's profit before tax was DKK63 million (USD9.3 million), compared with the DKK35 million (USD5.2 million) in 2013.

"We are extraordinarily satisfied with the fact that approximately 80 percent of our growth is organic, as it means that we are indeed reaping the fruits of our strengthened organisation," said Blue Water Shipping managing director Kim Hedegaard Sørensen.

"The result shows that we are on the right track in relation to our plans for improved earnings performance through increased synergy and cooperation in the entire organisation," said Sørensen, adding that he expects the result for 2015 to be at least the same level as 2014.

Over the next one or two years, Blue Water Shipping says it will focus on increasing market share in Norway, Sweden and Finland, as well as targeting new clients within the general road, sea and airfreight sectors.

Heavy Lift | News

BigMove goes digital for licenses thumbnail image

BigMove goes digital for licenses

July 17 - BigMove – a European alliance of 13 medium-sized logistics companies – is introducing digital driving licenses for its network of 1,000 drivers.
Views: 11
ESTA joins EC best practice project thumbnail image

ESTA joins EC best practice project

July 16 - The European association of abnormal road transport and mobile cranes (ESTA) has been asked to support a European Commission study to “explore health, safety and environment (HSE) best practice in the wind power sector”.
Views: 498
LDA installs kite system  thumbnail image

LDA installs kite system 

July 16 - Louis Dreyfus Armateurs (LDA) has fitted its ro-ro vessel Ville de Bordeaux with an AirSeas kite system, as it looks to develop the use of wind propulsion technologies.
Views: 431
Sarens partners with Moir Crane thumbnail image

Sarens partners with Moir Crane

July 16 - Sarens has teamed up with Canada’s Moir Crane as the two companies look to capitalise on the region’s upcoming construction projects.
Views: 550

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