Latest news from Heavy Lift & Project Forwarding International Magazine

The Friday Flyer - October 24th 2014

This week's round up of news from the world of heavy lift and project forwarding.

So what do you think about this week's ongoing decline in the OPEC Oil Basket price? The price slump from USD99.99 per barrel at the beginning of September 2014 to USD81.94 today, has seen suppliers having to cut prices, along with announcements about the likely impact on future investments.

Commentators feel that the slump is mainly due to demand projections being lowered, but we wonder if the difference between supply and demand means that we should base the future of the industry, and the likely impact on the logistics companies that rely upon it, on this particular slump.

This week's Friday Flyer is sponsored by Volga-Dnepr Group, your global partner in unique logistics solutions.


In business

Canadian Pacific Railway confirmed that exploratory talks held with CSX Corp about a possible merger have been terminated.

BBC Chartering plans to introduce a low sulphur surcharge in 2015 to offset additional costs incurred by switching to cleaner fuels in sulphur emission control areas.

Clearlake Capital Group completed the acquisition of AmQuip.

AirBridgeCargo Airlines carried a total of 290,735 tonnes of cargo in the first nine months of 2014, a 14 percent year-on-year increase.

Despite ongoing restructuring, Panalpina's gross profit and EBIT both increased 1 percent year-on-year in the first nine months of 2014.

The Port of Antwerp handled a freight volume of over 148 million tonnes during the first nine months of this year.

 

Capacity developments

ALE debuted the latest addition to its transportation fleet: the Trojan 8870 truck.

VT Halter Marine began construction on the first of two LNG-powered con-ro ships for Crowley Maritime Corporation.

The Port of Houston's Manchester Terminal was named BBC Chartering's new dedicated North American hub.

Liebherr developed an innovative concept for erecting its LR 1600/2 crawler crane with long wind power boom systems, using an LTR 1220 telescopic crawler as the counterweight.

The first steel was cut for BigRoll Shipping's new vessel BigRoll Bering at the COSCO Dalian Shipyard.

Cosco Shipping's 28,000 dwt multipurpose heavy lift vessel Da Liang was delivered to the carrier.

 

Shipment of the week

Sarens used a Terex CC 8800-1 crawler crane with its recently acquired Boom Booster kit to erect an Enercon E-126 wind turbine at the Windpark Noordoostpolder in the Netherlands. Sarens used 48 trucks to transport the crane, and another 28 vehicles to take the superlift counterweight to its destination. Once two assist cranes had erected the Enercon E-126's tower, the Terex crane lifted the last components to a height of 135 m. The 170-tonne nacelle was lifted to the required height using a working radius of 40 m; the 260-tonne generator using a working radius of 36.5 m; the 375-tonne hub using a working radius of 33 m; and the three fibreglass rotor blades, each weighing 40 tonnes, using a working radius of 23.5 m.

 

On the move

Tschudi Project Transports (TPT) will open a new office in Aarhus, Denmark on November 1, which will be headed up by former DSV manager in Horsens, Thomas-Peder Jensen. Slingmax Rigging Solutions appointed Gregory D'Elia as its new engineering manager.

 

Network and association developments

The Project Partners network enlisted new member in Hong Kong and China, Triple Eagle Container Line. The XLProjects (XLP) network welcomed KNT Cargo as a new member representing South Korea, while CLC Projects added Mexico's Navieros & Consignaciones to its roster. Spain's Merzcargo Forwarding joined the Pacific Power Logistics (PPL) network.

 

Capital projects and contracts

Have you got your subscription to HLPFI's Capital Projects & Contracts yet?

If not, you could be missing out on some valuable information.

Published on a weekly basis, the newsletter provides a comprehensive summary of contract announcements by EPCs, oil majors, mining and civil engineering companies, energy groups, OEMs and governments.

Don't miss out on information, which could be critical to your new business activities. Subscribe now by contacting David Kershaw - [email protected] - that will cost you USD825, GBP500 or EUR650 per annum. That's just 16 dollars a week for information that could be priceless!

 

All about Evie

Evie has been busy over the last couple of weeks, having spent the weekend before last at KOG Transport's worldwide meeting in Switzerland's beautiful Emmental valley.

Despite eating one too many meringues, she had a great time in the countryside and loved hearing from all of KOG's offices around the world.

This week Evie was also lucky enough to have been invited to the launch of ALE's latest addition to its transport fleet: the impressive new Trojan truck, which the company says signals a major breakthrough in capability, fuel efficiency and reliability.

Heavy Lift | News

Breakbulk Europe kicks off thumbnail image

Breakbulk Europe kicks off

May 21 - More than 550 exhibitors are preparing for the start of this year’s Breakbulk Europe exhibition, which kicks off later today in Bremen. 
Views: 182
Multipurpose charter rates dip thumbnail image

Multipurpose charter rates dip

May 21 - Time charter rates in the multipurpose shipping sector have declined over the last month, according to the latest data from shipbroker Toepfer Transport.
Views: 243
Drake closes Cometto deal for ANI thumbnail image

Drake closes Cometto deal for ANI

May 20 - The Drake Group, in its capacity as representative of the Cometto brand in Australia, has received an order from Australian Naval Infrastructure (ANI) for 16 self-propelled MSPE modules.
Views: 291

Heavy Lift Across The World

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