Latest news from Heavy Lift & Project Forwarding International Magazine

Unlucky 13 for falling airfreight demand

August 6 - Maindeck and bellyhold project airfreight suffered a double-digit fall year-on-year in June as the global economic crisis continues to hurt high and heavy project activity.

According to figures released by the Geneva-based International Air Transport Association (IATA), international scheduled freight traffic results for June show freight demand was down 16.5ompared with June 2008.

Cargo demand remained weak at 16.50elow June 2008 levels. This is a moderate improvement, albeit from extremely weak levels, over May, which was 17.40elow 2008 levels. There has been some improvement in world trade and, after adjusting for seasonal fluctuations, freight volumes rose 6 0.000000rom the low point recorded in December 2008. However, the utilisation of airfreight capacity on international routes remained very weak (47.3%) in June due to unbalanced trade flows with Asia and some market share loss to ocean transport.

Heavy Lift | News

Meyer steps down from Zeaborn thumbnail image

Meyer steps down from Zeaborn

July 18 - Ove Meyer, co-founder of Zeaborn has resigned as managing director, including his role at Zeamarine.
Views: 409
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Bishop takes AWRS

July 18 - Bishop Lifting Products has completed the acquisition of American Wire Rope & Sling (AWRS), a leading provider of rigging, lifting and overhead crane solutions.
Views: 281
CITB readies for Alaska’s ice-free season thumbnail image

CITB readies for Alaska’s ice-free season

July 18 - Cook Inlet Tug & Barge (CITB), a subsidiary of Foss Maritime Company, has announced that the 2019 ice-free season on Alaska’s North Slope are under way.
Views: 240
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Sutton steps up at Crowley

July 18 - Crowley Maritime has appointed Peter Sutton as vice president of operations integrity and health, safety, security and environment (HSSE) for its shipping business unit.
Views: 272

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