Latest news from Heavy Lift & Project Forwarding International Magazine

Lufthansa Cargo charter arm comes to aid of parent's bottom line

March 29 - Lufthansa Cargo Charter Agency has come to aid of parent company Lufthansa Cargo with a doubling of profits last year despite the loss of a third of revenue.

That was the message at the company's recent Frankfurt press conference as parent company Lufthansa Cargo announced record losses of €171 million (USD229 million) for its 2009 financial year.

Business activity for the charter arm was strong for three main reasons: international charter activities are gaining momentum as there is a noticeable shortage of uplift in some markets; shippers are moving to replenish stocks and inventories in RDCs around the world; and crises in Haiti and Chile have required urgent maindeck activity.

Heavy Lift | News

AET places Kalmar order thumbnail image

AET places Kalmar order

June 14 - Antwerp Euroterminal (AET) has placed an order for six Kalmar forklifts, including a fully electric model. 
Views: 331
Multipurpose charter rates remain stable thumbnail image

Multipurpose charter rates remain stable

June 14 - Time charter rates in the multipurpose shipping sector have remained stable over the last month, according to the latest data from shipbroker Toepfer Transport.
Views: 437
Buss launches JV with Idea thumbnail image

Buss launches JV with Idea

June 14 - Hamburg-based Buss Offshore Solutions and French logistics provider Idea established a joint venture that will serve the offshore market in France.
Views: 412

Heavy Lift Across The World

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