Latest news from Heavy Lift & Project Forwarding International Magazine

Cargolux to appeal against EU price fixing fine

January 27 - Main deck cargo airline Cargolux Airlines International is to appeal against the European Union's EUR79.9 million (USD109.3 million) fine for participating in an international price fixing cartel.

In November 2010, Cargolux and 10 other airlines were fined by the European Commission for operating a cartel in airfreight. Fines amounted to EUR799.4 million in total (USD1094.4 million). At this stage, Cargolux is not making any additional comments on this matter.

The fines are for alleged collusion to set fuel and security surcharges for six years up to 2006.

Meanwhile, two senior executives at the airline, Cargolux CEO Ulrich Ogiermann and senior vice president sales and marketing Robert van de Weg, are facing separate criminal charges for participating in price fixing in the United States, where Cargolux was fined USD119 million in 2009.

Heavy Lift | News

GPLN delegates convene in Bremen thumbnail image

GPLN delegates convene in Bremen

May 23 - More than 180 delegates of the Global Project Logistics Network (GPLN) convened at the Dorint Park Hotel in Bremen earlier this week for the group’s 16th annual meeting.
Views: 97
Big Carl arrives at Bristol Port thumbnail image

Big Carl arrives at Bristol Port

May 23 - Sarens’ SGC 250 crane is presently in storage at Bristol Port, UK ahead of its delivery to the Hinkley Point C nuclear power plant.
Views: 122
CakeBoxx enters coil market thumbnail image

CakeBoxx enters coil market

May 22 - CakeBoxx Technologies has launched the 20 ft CoilBoxx container, specifically designed for the transportation of steel and aluminium coils.
Views: 328
Mammoet in Meyer takeover thumbnail image

Mammoet in Meyer takeover

May 22 - Mammoet has agreed to acquire heavy lifting, installation and assembly specialist Meyer Anlagenbau.
Views: 606

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