Latest news from Heavy Lift & Project Forwarding International Magazine

Record year for Liebherr

The Liebherr Group has achieved an annual turnover of over EUR10 billion (USD11.3 billion) for the first time in the company’s history. 

Despite a slight decline in overall economic growth, 2018 was a record year for the Liebherr Group; both the construction machinery and mining equipment divisions recorded overall increases in sales revenues. 

Within these divisions, Liebherr said the earthmoving, mobile cranes and mining business units posted “especially strong contributions”. 

The company added that sales continued to increase within the European Union (EU), which Liebherr said is its most important sales region.

Outside of Europe, Liebherr is investing in projects such as the development of the Newport News site in the USA. The expansion of the crane, construction machinery and concrete technology divisions is intended to support the group’s long-term growth strategy in the US market.

Looking ahead, Liebherr said: “According to the latest projections, global economic growth is expected to continue to slow during the current year. However, there are no signs of an imminent recession. Demand in most regions and industries may develop very positively in 2019. Therefore, the group expects sales revenues to continue to rise in 2019. The order books which were already nicely filled at the start of the year also suggest this.”

www.liebherr.com

Heavy Lift | News

MACS appoints UAL America as agent thumbnail image

MACS appoints UAL America as agent

April 23 - MACS Maritime Carrier Shipping has appointed Universal Africa Lines, America (UAL America) as its sales agent in Texas, effective June 1, 2019.
Views: 132
Barnhart in steeple lift thumbnail image

Barnhart in steeple lift

April 23 - Barnhart Crane & Rigging has provided a 100-ton (90.7-tonne) lifting capacity crane to replace a 30 ft (9.1 m) church steeple in Nebraska, USA.
Views: 111
Höegh adds port call in Mackay thumbnail image

Höegh adds port call in Mackay

April 23 - Höegh Autoliners has expanded its services in Australia with the addition of a port call in Mackay, North Queensland.
Views: 158
EU recognises Scheuerle and Kamag thumbnail image

EU recognises Scheuerle and Kamag

April 23 - The EU Commissioner for budget and human resources, Günther Oettinger, congratulated TII Group for a combined 200 years of innovation and competence at its subsidiaries, Scheuerle and Kamag.
Views: 157

Heavy Lift Across The World

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