Latest news from Heavy Lift & Project Forwarding International Magazine

Cosco profits in Q1 2017

May 4 - Cosco Shipping Specialized Carriers has reported a 1,104 percent year-on-year first quarter net profit increase,totalling CNY11.06 million (USD1.61 million).

 Revenues were up by 17.8 percent to CNY1.6 billion (USD232 million). Cosco attributed the surge to strong returns from equity investments and an improved shipping operating environment. 

The company shipped 3.03 million tonnes of cargo in the first quarter, an increase of 6.1 percent.

Its multipurpose vessels shipped 1.06 million tonnes - up 40.6 percent year-on-year. Heavy lift vessels accounted for  610,000 tonnes, up 50.7 percent. Semi-submersible ships shipped 73,000 tonnes of cargo, up 116.8 percent. Car carriers delivered 90,000 tonnes, up 87.5 percent year-on-year.


Heavy Lift | News

Fesco and RZD team up to link Europe and Asia thumbnail image

Fesco and RZD team up to link Europe and Asia

May 24 - Fesco Transportation Group and Russian Railways Logistics (RZD Logistics) are launching a Trans-Siberian multimodal service to expedite the delivery of goods from Japan to Europe via Russia.
Views: 371
POSH to launch maritime training centre in Taiwan thumbnail image

POSH to launch maritime training centre in Taiwan

May 24 - POSH Kerry Renewables – a joint venture of PACC Offshore Services Holding (POSH) and Kerry TJ Logistics – has signed a memorandum of understanding (MoU) to develop Taiwan’s first specialised maritime training centre. 
Views: 302
PPG restructures training course thumbnail image

PPG restructures training course

May 24 - The Project Professionals Group (PPG) has restructured its project cargo forwarding training course into a one-day format.
Views: 316

Heavy Lift Across The World

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