Latest news from Heavy Lift & Project Forwarding International Magazine

Pan Ocean back on track

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

This is a 141.9 percent increase from the USD34.09 million net profit in 2015, while the sales revenues remained relatively similar to that of 2015 at USD1.62 billion.

The 2015 net profit figures were affected by Pan Ocean having to repay the liabilities that it had incurred during its two-year rehabilitation process, which it exited in 2015.

Since 2009, Pan Ocean has operated both semi-submersible and geared heavy lift vessels to provide integrated heavy lift transport solutions. It successfully completed long-term contracts for Ichthys Onshore LNG Project and the Panama Canal Expansion Project with the semi-submersible vessels Sun Shine and Sun Rise.

 

www.panocean.com

www.sgx.com

Heavy Lift | News

MACS appoints UAL America as agent thumbnail image

MACS appoints UAL America as agent

April 23 - MACS Maritime Carrier Shipping has appointed Universal Africa Lines, America (UAL America) as its sales agent in Texas, effective June 1, 2019.
Views: 145
EU recognises Scheuerle and Kamag thumbnail image

EU recognises Scheuerle and Kamag

April 23 - The EU Commissioner for budget and human resources, Günther Oettinger, congratulated TII Group for a combined 200 years of innovation and competence at its subsidiaries, Scheuerle and Kamag.
Views: 166
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: 323
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.
Views: 338

Heavy Lift Across The World

Discover heavy lift and project logistics industry news from around the world by region.