Latest news from Heavy Lift & Project Forwarding International Magazine

Cosco profits in Q1 2017

May 4 - Cosco Shipping Specialized Carriers has reported a 1,104 percent year-on-year first quarter net profit increase,totalling CNY11.06 million (USD1.61 million).

 Revenues were up by 17.8 percent to CNY1.6 billion (USD232 million). Cosco attributed the surge to strong returns from equity investments and an improved shipping operating environment. 

The company shipped 3.03 million tonnes of cargo in the first quarter, an increase of 6.1 percent.

Its multipurpose vessels shipped 1.06 million tonnes - up 40.6 percent year-on-year. Heavy lift vessels accounted for  610,000 tonnes, up 50.7 percent. Semi-submersible ships shipped 73,000 tonnes of cargo, up 116.8 percent. Car carriers delivered 90,000 tonnes, up 87.5 percent year-on-year.


 

Heavy Lift | News

Ceva launches BRI block train thumbnail image

Ceva launches BRI block train

April 22 - Ceva Logistics North Asia has launched a block train service from China to Europe as the company looks to tap into the potential of the Belt and Road Initiative (BRI).
Views: 97
Crowley promotes Sandra Goranovic thumbnail image

Crowley promotes Sandra Goranovic

April 22 - Crowley Maritime has appointed Sandra Goranovic as vice president of finance and accounting for the Crowley Shipping business unit.
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Big Bend Channel expanded thumbnail image

Big Bend Channel expanded

April 22 - Port Tampa Bay in Florida has completed the USD63 million expansion of the Big Bend Channel, one year ahead of schedule.
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Penman joins Malin React thumbnail image

Penman joins Malin React

April 22 - Malin Group has named Graham Penman as business unit manager of its recently launched Malin React division.
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