Latest news from Heavy Lift & Project Forwarding International Magazine

Business News from November 2013

Lloyd's tracks container trends thumbnail image

Lloyd's tracks container trends

November 29 - November 29 - According to a recent paper issued by Lloyd's List Intelligence, Recent Trends in Container Shipping, over the last decade the container fleet has grown by almost 70 percent in terms of the number of vessels but more than doubled in terms of
Views: 742
Dissaco joins GPLN thumbnail image

Dissaco joins GPLN

November 29 - November 29 - Antwerp, Belgium headquartered Dissaco N.V. has become the latest organisation to join the Global Project Logistics Network (GPLN).
Views: 1039
STX PO board sweep thumbnail image

STX PO board sweep

November 26 - November 26 - In the wake of the company's new rehabilitation plan, four members of the STX Pan Ocean (STX PO) board have resigned, including its ceo and executive director of just five months, Chun Il Yu.
Views: 807
Aeroscraft discussed at European Parliament thumbnail image

Aeroscraft discussed at European Parliament

November 25 - November 25 - The president and ceo of Aeros, Igor Pasternak, and the company's director of strategic finance, William Feeley, have attended a meeting at the European Parliament in Brussels, Belgium to discuss the economical and environmental benefits of
Views: 1041
Damen unveils new wind farm service vessel thumbnail image

Damen unveils new wind farm service vessel

November 25 - November 25 - Damen Shipyards has unveiled a new wind farm service vessel (WSV) to support and accommodate turbine maintenance crews at sea and allow them to 'walk to work'.
Views: 913
The Friday Flyer - November 22nd 2013 thumbnail image

The Friday Flyer - November 22nd 2013

November 25 - The embattled STX Group has seen its biggest creditor become its biggest shareholder after the state-owned Korea Development Bank (KDB) traded debt for equity in the troubled shipbuilder and its affiliated shipping company STX Pan Ocean. The move by the K
Views: 1644
New European canal back on track thumbnail image

New European canal back on track

November 21 - November 21 - A multi-billion-euro transport infrastructure project to link the inland waterways network of the Greater Paris region with that of the Benelux countries and beyond, appears to be back on track.
Views: 935
Blue chip companies strengthen management thumbnail image

Blue chip companies strengthen management

November 19 - November 19 - Hellmann Worldwide Logistics has appointed Henrik Lund as its new global airfreight director, based in Hamburg and reporting directly to Mark Hellmann, chairman of the global air cargo board.
Views: 1105
Boskalis raises 2013 outlook thumbnail image

Boskalis raises 2013 outlook

November 19 - November 19 - Boskalis has announced its Q3 2013 results, reporting higher revenue and earnings levels than in the first and second quarter, with its order book increased to EUR4.3 billion (USD5.8 billion).
Views: 855
Expansion plans for MOL thumbnail image

Expansion plans for MOL

November 18 - November 18 - Tokyo-based Mitsui O.S.K. Lines (MOL) has announced plans to expand its group-wide logistics services, by winning more plant project business, enhancing trucking and warehouse operations and expanding business into Southeast Asia.
Views: 854
PPL welcomes Heaven Logistics thumbnail image

PPL welcomes Heaven Logistics

November 18 - November 18 - The Pacific Power Logistics (PPL) network is in heaven this week, literally, following the appointment of Heaven Logistics Ltd as its lates member.
Views: 951
Hunt & Palmer chooses Platinum thumbnail image

Hunt & Palmer chooses Platinum

November 15 - November 15 - As part of its expansion into North America, Hunt & Palmer Cargo Charters (HPCC) has appointed Platinum Air Cargo as its general sales agent (GSA) in the USA.
Views: 629
ENTREC's revenue grows thumbnail image

ENTREC's revenue grows

November 15 - November 15 - ENTREC Corporation, provider of heavy lift and heavy haul services, has announced its third quarter 2013 financial results.
Views: 1145
Little sign of recovery for STX Pan Ocean thumbnail image

Little sign of recovery for STX Pan Ocean

November 14 - November 14 - The debt-ridden shipping firm STX Pan Ocean has reported a huge net loss of USD399.07 million in the third quarter of 2013, compared with a loss of USD88.57 million at the same time in 2012.
Views: 1014
Cutillo heads up WCA Projects thumbnail image

Cutillo heads up WCA Projects

November 13 - November 13 - WCA Projects, the specialist project freight network of WCA Ltd, has appointed Bruce Cutillo as its new general manager.
Views: 883
Delayed super-oilfield starts to bear fruit thumbnail image

Delayed super-oilfield starts to bear fruit

November 12 - November 12 - More than 13 years after its discovery the Kashagan super-giant oilfield, located in the northern part of the Caspian Sea close to Atyrau, Kazakhstan, started production last month, pumping approximately 40,000 barrels of oil per day (bpd).
Views: 1163
FPS Group adds two thumbnail image

FPS Group adds two

November 12 - November 12- Famous Pacific Shipping (FPS) Group has appointed two new network members, which have experience in project cargo logistics.
Views: 1532
Maersk-Rickmers doubles up thumbnail image

Maersk-Rickmers doubles up

November 11 - November 11 - US flag heavy lift project carrier, Maersk-Rickmers, has lifted and moved two range support craft, of which the largest weighed 220 tonnes, for the US Navy.
Views: 1358
Ocean7 launches thumbnail image

Ocean7 launches

November 11 - November 11 - A new heavy lift chartering and shipping company has been founded, Ocean7 Projects, operating a fleet of multipurpose and heavy lift vessels.
Views: 1376
Kim steps down from debt-laden Hanjin thumbnail image

Kim steps down from debt-laden Hanjin

November 11 - November 11 - Hanjin Shipping's chief executive officer, Kim Young Min, has announced his resignation from the company, assuming responsibility for its continuing losses and delay in getting financial support from creditors.
Views: 1124
The Friday Flyer - November 8th 2013 thumbnail image

The Friday Flyer - November 8th 2013

November 11 - There has been plenty of media coverage this week about the opening of DP World's London Gateway, the UK's newest container port, which saw the arrival of its first scheduled call, by MOL Caledon, a container ship laden with fruit and wine from South Afri
Views: 1891
Bibby acquires Murray Fenton thumbnail image

Bibby acquires Murray Fenton

November 8 - November 8 - Bibby Ship Management Group has purchased Murray Fenton Surveyors (India) Limited via its Indian division.
Views: 790
Liebherr duet in bridge refurbishment thumbnail image

Liebherr duet in bridge refurbishment

November 7 - November 7 - Two Liebherr LG 1750 lattice boom mobile cranes operated by H. N. Krane and Maxicraft have helped position bridge sections for the Freidrich Bridge over the River Spree in Berlin, as part of its refurbishment.
Views: 1010
Tiong Woon sees strong start to FY 2014 thumbnail image

Tiong Woon sees strong start to FY 2014

November 6 - November 6 - Singapore headquartered Tiong Woon Corporation has released strong results for the three months ended September 2013 (Q1 2014), with turnover rising 3 percent year-on-year over Q1 2013 to USD35.9 million and gross profit jumping 30 percent to
Views: 1149
Mixed results for Wilh Wilhelmsen thumbnail image

Mixed results for Wilh Wilhelmsen

November 6 - November 6 - Reduced volumes of high and heavy cargo and seasonally lower demand for maritime services negatively affected Wilh Wilhelmsen Holding ASA's (WWH) total income and result for Q3 2013, said the Norwegian maritime industry group in a statement t
Views: 965
Bridgepoint invests in LOC thumbnail image

Bridgepoint invests in LOC

November 4 - November 4 - LOC Group has secured a minority external investment from Bridgepoint Development Capital (BDC).
Views: 927
Vessel operating costs to increase thumbnail image

Vessel operating costs to increase

November 4 - November 4 - According to a survey by Moore Stephens, vessel operating costs are expected to rise by more than 3 percent in 2013 and 2014.
Views: 714
The Friday Flyer - November 1st 2013 thumbnail image

The Friday Flyer - November 1st 2013

November 1 - November 1 - In the northern hemisphere, winter is upon us, as the nights draw in and thoughts turn to snow and ice on jobsites. There does seem to be a brighter light at the end of the tunnel, with improved economic prospects in sight in many markets.
Views: 1987
Expansion for KOG Transport thumbnail image

Expansion for KOG Transport

November 1 - November 1 - KOG Transport has opened a new office in the UK and has entered into an agreement with Switzerland-headquartered Theodor Wille Intertrade (TWI).
Views: 911
Mammoet invests in Scheuerle SPMTs thumbnail image

Mammoet invests in Scheuerle SPMTs

November 1 - November 1 - Mammoet has signed a contract for 650 axle lines of self-propelled modular transporters (SPMTs) at Scheuerle, bringing the company's total number of employed axle lines to more than 3,000.
Views: 843
Success for CLC Projects in KL thumbnail image

Success for CLC Projects in KL

November 1 - November 1 - 54 project freight forwarders from 36 countries around the world attended the fourth global conference of CLC Projects Network, held October 24-25 in Kuala Lumpur, Malaysia.
Views: 1466

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