Latest news from Heavy Lift & Project Forwarding International Magazine

Suez Canal expansion now open

August 7 - One year after the announcement of a development programme, Egypt's expanded Suez Canal is open for business.

Egyptian President Abdel Fattah El-Sisi led the inauguration ceremony, which marked the official opening of a 23-mile parallel channel that will allow two-way traffic and reduce waiting time.

Egypt forecasts the widening to increase traffic to about 97 ships per day and nearly 34,000 annually.

The Suez Canal Authority expects the upgraded canal to boost annual revenue to about USD13.5 billion in 2023 and anticipates growth by at least another 4 percent.

Heavy Lift | News

Baltimore sets cargo record thumbnail image

Baltimore sets cargo record

April 24 - Combined international cargo throughput at the state-owned and privately owned marine terminals at the port of Baltimore totalled a record 43 million tons in 2018.
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Macnaughton joins Air Partner thumbnail image

Macnaughton joins Air Partner

April 24 - UK-headquartered charter broker Air Partner has appointed Kevin Macnaughton as managing director, charter, with immediate effect.
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