Latest news from Heavy Lift & Project Forwarding International Magazine

Agility grows in 2012

April 2 - Kuwait headquartered global logistics provider Agility has released its full year financial results for 2012.

For the full year ending December 31, 2012, Agility recorded net profit of KD34.4 million (USD120.5 million)- a 27 percent improvement over FY 2011. Revenue for the 2012 trading period stood at KD1.4 billion (USD4.91 billion), a seven percent year-on-year boost over 2011.

According to Tarek Sultan, Agility's chairman and md: "In 2012, we continued to improve profitability, invested strategically in the business and maintained a healthy balance sheet. All this is impressive in light of the fact that the global economy was - and continues to be - weak."

Heavy Lift | News

Zeaborn to take full control of Zeamarine thumbnail image

Zeaborn to take full control of Zeamarine

April 18 - The Zeaborn Group has signed an agreement to acquire the remaining shares in Zeamarine – the joint venture with Intermarine that was established in May 2018.
Views: 219
Tyne moves Bedford lifeboat thumbnail image

Tyne moves Bedford lifeboat

April 18 - After almost two years in covered storage, the historic Bedford lifeboat has been relocated from the port of Tyne to the North East Maritime Trust’s yard in the UK, ahead of a restoration project.
Views: 115
Panalpina improves profitability thumbnail image

Panalpina improves profitability

April 18 - In the first three months of 2019, Panalpina boosted its profitability by 15 percent compared to the same period of last year.
Views: 169
AAL calls in Felixstowe thumbnail image

AAL calls in Felixstowe

April 18 - AAL has made its inaugural call at the UK’s port of Felixstowe to deliver four rubber-tyred gantry cranes (RTG).
Views: 189

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