Latest news from Heavy Lift & Project Forwarding International Magazine

Logwin improves operating margin in first quarter

May 5 - The Logwin Group has reported revenues of EUR278.5 million (USD386.5 million) for the first quarter of 2014, a significant decrease on the EUR320.7 million (USD445million) achieved in the same period of 2013, which the company says is due to dives

Despite this significant decrease, the operating result (EBIT) of EUR 8.0 million (USD11.1 million) matched last year's level. The operating margin improved to 2.9 percent.

The company's Air + Ocean business segment generated revenues of EUR151.3 million (USD210 million) in the first quarter of 2014, slightly above the figure for the same period of 2013 (EUR148.9 million (USD206.6 million).

For the full year 2014, Logwin Group says it expects an improved result against the prior year despite the volatile market environment and one-time expenses for measures aiming at improving profitability.

Heavy Lift | News

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: 122
Dsouza joins Virgin Atlantic  thumbnail image

Dsouza joins Virgin Atlantic 

May 20 - Virgin Atlantic Cargo has named Bosco Dsouza as its account manager in Melbourne as the airline looks to continue its expansion in Australia. 
Views: 152
Demag duo for Cosmo thumbnail image

Demag duo for Cosmo

May 20 - Australia’s Cosmo Cranes has added two Demag all-terrain cranes to its fleet.
Views: 142
Marr towers ahead in Sydney Metro project thumbnail image

Marr towers ahead in Sydney Metro project

May 20 - At the end of 2018, Austrlian heavy lifting specialist Marr Contracting utilised two tower cranes to complete a key phase of the Sydney Metro infrastructure project.
Views: 129

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