Latest news from Heavy Lift & Project Forwarding International Magazine

Strong 2012 at BAHRI

February 27 - The National Shipping Company of Saudi Arabia (BAHRI) saw strong financial performance during 2012.

Net profit at the shipping line for 2012 totalled SAR504 million (USD134.4 million), up 75.1 percent over 2011.

Operating profit during the trading period rose by 97.7 percent year-on-year to SAR453.8 million (USD121 million).

According to BAHRI, its net profit surge was a result of an improvement in the oil and gas sector, due to an increase of the average time charter equivalent rates in the very large crude carrier spot market.  BAHRI also saw improvement in the general cargo sector.

www.bahri.sa

Heavy Lift | News

ACE Belgium readies for launch thumbnail image

ACE Belgium readies for launch

April 25 - ACE Belgium Freighters is preparing to launch its scheduled and charter services out of Liège Airport after receiving its air operator’s certificate (AOC) from the Belgian Civil Aviation Authority.
Views: 224
Carrick joins ACS board thumbnail image

Carrick joins ACS board

April 25 - UK-headquartered charter specialist Air Charter Service (ACS) has named Richard Carrick as a non-executive director to its group board.
Views: 213
Scott-Macon adds with Tadano thumbnail image

Scott-Macon adds with Tadano

April 25 - USA-based Scott-Macon Equipment has purchased four Tadano Mantis telescopic boom crawler cranes.
Views: 180

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