Latest news from Heavy Lift & Project Forwarding International Magazine

Bahri sees Q1 slowdown

April 23 - The National Shipping Line of Saudia Arabia (Bahri) has seen its net profit for the first three months of 2013 fall by 9.4 percent year-on-year over 2012 to SAR144.5 million (USD33.5 million).

Bahri ceo Eng. Saleh N AL-Jasser attributed the year-on-year net profit fall to a lower time charter equivalent (TCE) spot rate for crude oil VLCC transportation.
Gross profit for the three-month trading period totaled SAR115.6 million (USD30.83 million) - a year-on-year decline of 35.9 percent.

Heavy Lift | News

Crowley realigns activities thumbnail image

Crowley realigns activities

May 17 - Crowley Maritime Corporation has realigned its shipping and solutions business units in a bid to enhance its focus on non-asset based customer solutions.
Views: 444
Bob Felix joins UTC thumbnail image

Bob Felix joins UTC

May 17 - UTC Overseas has appointed Bob Felix to its rail logistics team as director of specialised projects.
Views: 667
DEME awarded Hornsea project thumbnail image

DEME awarded Hornsea project

May 17 - DEME Offshore has been awarded a transport and installation contract for Ørsted’s Hornsea Two offshore wind farm, located approximately 89 km off the Yorkshire coast in the UK.
Views: 440
Qube in LCR takeover thumbnail image

Qube in LCR takeover

May 17 - Australia-based Qube Holdings has acquired industrial logistics service provider LCR Group in a deal valued at AUD135 million (USD93.2 million).
Views: 478

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