Latest news from Heavy Lift & Project Forwarding International Magazine

Business News from May 2009

Upbeat assessment of industry fundamentals thumbnail image

Upbeat assessment of industry fundamentals

May 28 - May 28 - Presenting on the opening day of the Breakbulk Europe conference in Antwerp, keynote speaker Dirk Visser, senior shipping consultant with Dynamar BV forecast that operators of multi-purpose and heavy lift vessels would weather the current economi
Views: 1012
Bollore Logistics sets sail thumbnail image

Bollore Logistics sets sail

May 27 - May 27 - French Industrial and transport organisation, the Bollore Group has created the Bollore Logistics brand to assist the group's commercial brands in their development.
Views: 1054
Agility to work on Australia gas project thumbnail image

Agility to work on Australia gas project

May 25 - May 25 - Agility Project Logistics says it has entered into an agreement with Chevron Australia Pty Ltd to provide supply base operations and transportation services for the Gorgon Project - a joint venture between the Australian subsidiaries of Chevron (
Views: 841
Wind of change blows through Lowestoft's port thumbnail image

Wind of change blows through Lowestoft's port

May 21 - May 21 - According to Associated British Ports, the Port of Lowestoft will become the operations centre for the Greater Gabbard Offshore Windfarm which, when completed, will be the world's largest offshore windfarm.
Views: 516
ASCO Enters Asia Pacific Market thumbnail image

ASCO Enters Asia Pacific Market

May 20 - May 20 - ASCO, the Aberdeen based oil and gas logistics specialist, has entered the Asia Pacific market with the opening of ASCO Freight Management in Singapore.
Views: 955
Go-ahead for the London Array thumbnail image

Go-ahead for the London Array

May 18 - May 18 - In the UK, Gordon Brown's government has welcomed the fact that investors have given the go-ahead for the world's largest offshore wind farm to be constructed in the Thames Estuary. The 1GW London Array wind farm will generate sufficient electric
Views: 818
Dockwise profits up thumbnail image

Dockwise profits up

May 14 - May 14 - Dockwise has posted revenue of USD33 million for the first quarter of 2009, a 120% rise from USD15 million in the quarter last year, on the back of increased rig shipments.
Views: 942
SMIT achieves net profit of EUR 28 million in first quarter thumbnail image

SMIT achieves net profit of EUR 28 million in first quarter

May 14 - May 14 - Net profit for SMIT in the first quarter of 2009 amounted to EUR 28 million, including a net contribution of EUR 10 million from the financial settlement of the 'Thunderhorse' project, without which, net profit from normal operating activities sh
Views: 902
TBS International swings to Q1 loss thumbnail image

TBS International swings to Q1 loss

May 8 - May 8 - In its first quarter results, TBS International swung to loss, hurt by a drop in freight rates, sending its shares down as much as 18 percent.
Views: 728
Heavy lift helps Agility to weather economic downturn thumbnail image

Heavy lift helps Agility to weather economic downturn

May 5 - May 5 - Kuwait-based forwarder Agility enjoyed strong financial results in Q1 2009 despite the global financial slowdown, says Tarek Sultan, Agility chairman and managing director. Net profit before non-recurring items was KD 39.2m / USD 134.7m, a gain of
Views: 1113
Chapman Freeborn announces new shareholder structure thumbnail image

Chapman Freeborn announces new shareholder structure

May 5 - May 5 - The Chapman Freeborn Group, the world's largest air charter broker, has introduced a new shareholder structure that will take over from current directors in moving the company forward and ensuring future growth.
Views: 579
Keppel Singmarine loses offshore rig contract thumbnail image

Keppel Singmarine loses offshore rig contract

May 4 - May 4 - Keppel Corp, parent company of Keppel Singmarine, has received notice to terminate work on a USD122 million multipurpose offshore drilling vessel from the contracting oil group GSP Titan Ltd.
Views: 438

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