Latest news from Heavy Lift & Project Forwarding International Magazine

Business News from March 2015

Agility posts profits thumbnail image

Agility posts profits

March 30 - March 30 - Kuwait headquartered logistics services provider Agility posted a net profit of KD50.84 million (USD169.19 million) for its full financial year 2014 - a 10 percent year-on-year improvement over 2013.
Views: 1575
Attendance up at Breakbulk China thumbnail image

Attendance up at Breakbulk China

March 30 - March 30 - The Breakbulk China exhibition, which was held from March 17-20 at the Shanghai World Expo Exhibition & Convention Centre, hosted 6 percent more attendees this year compared with 2014.
Views: 1238
Gefco names Kesler thumbnail image

Gefco names Kesler

March 27 - March 27 - Gefco has appointed Emmanuel Kesler as director of finance and performance at its French subsidiary, Gefco France.
Views: 1015
When a ship's not a ship it's a problem thumbnail image

When a ship's not a ship it's a problem

March 27 - March 27 - Rotterdam-based law firm AKD says the lack of an unambiguous term to describe a 'ship' in several jurisdictions represents a potential threat to asset security for financiers, particularly in the offshore and renewable energy sectors.
Views: 707
Corpus Christi calls on Collin thumbnail image

Corpus Christi calls on Collin

March 27 - March 27 - Port Corpus Christi has appointed Rosie Collin as its director of community relations.
Views: 847
Pan Ocean back in black thumbnail image

Pan Ocean back in black

March 25 - March 25 - South Korean shipping line Pan Ocean has posted a profit of USD748.5 million for the 12 month trading period culminating December 2014.
Views: 957
Traffic grows, investments approved at GPA thumbnail image

Traffic grows, investments approved at GPA

March 24 - March 24 - Georgia Ports Authority (GPA) marked strong and sustained growth across all major markets during February 2015, including breakbulk, automobiles and machinery, as well as bulk and containerised freight.
Views: 1053
XCMG opens new factory thumbnail image

XCMG opens new factory

March 20 - March 20 - XCMG's heavy-duty truck manufacturing plant in Xuzhou National Hi-tech Industrial Development Zone has started production.
Views: 721
Lufthansa profits rise thumbnail image

Lufthansa profits rise

March 20 - March 20 - Lufthansa Cargo achieved an operating profit of EUR100 million (USD106 million) in 2014, which represents a significant increase for the airline when compared with 2013's EUR79 million (USD84 million).
Views: 787
GAC appointed Thorco agent thumbnail image

GAC appointed Thorco agent

March 18 - March 18 - GAC Singapore has been appointed by Thorco Shipping to provide agency services for its vessels calling at Jurong port.
Views: 1217
Abu Dhabi Ports optimistic for 2015 thumbnail image

Abu Dhabi Ports optimistic for 2015

March 18 - March 18 - Following a record year in 2014, Abu Dhabi Ports is forecasting 17 percent growth across all its general cargo activities in 2015.
Views: 1211
Port of Vancouver USA has 'historic year' thumbnail image

Port of Vancouver USA has 'historic year'

March 17 - March 17 - Port of Vancouver USA ceo Todd Coleman says that 2014 was a "banner year" for the port, with the gateway experiencing its best year for revenue and tonnage in its 103-year history.
Views: 935
Sohar looks to China thumbnail image

Sohar looks to China

March 16 - March 16 - Sohar Port and Freezone has said that it aims to capitalise on the economic slowdown in China by focusing on the opportunities being created in booming regional markets.
Views: 961
2014: a 'challenging year' for Nurminen thumbnail image

2014: a 'challenging year' for Nurminen

March 13 - March 13 - "On the whole, 2014 was a challenging year for the company owing to the unexpected crisis in Ukraine and the exceptional decrease in the price of oil," said Nurminen Logistics president and ceo Olli Pohjanvirta.
Views: 1128
Boskalis sets a record thumbnail image

Boskalis sets a record

March 13 - March 13 - Royal Boskalis Westminster (Boskalis) achieved a record net profit of EUR490 million (USD521 million) in 2014, compared with EUR366 million (USD389 million) in 2013.
Views: 795
Almajdouie appoints new ceo thumbnail image

Almajdouie appoints new ceo

March 12 - March 12 - Saudi Arabia's Almajdouie Logistics has appointed Kim Bjerner Rathsack to lead the group's logistics activities.
Views: 1329
Doll appoints Dietsche thumbnail image

Doll appoints Dietsche

March 12 - March 12 - German trailer manufacturer Doll Fahrzeugbau has appointed Lorenz Dietsche as the company's chief sales officer.
Views: 634
Hansa sends Roehl to Asia thumbnail image

Hansa sends Roehl to Asia

March 12 - March 12 - Hansa Heavy Lift has appointed chief commercial officer (cco) Joerg Roehl to manage the shipping company's business in the Asia Pacific (APAC) region.
Views: 1221
Lieb to leave Schenker thumbnail image

Lieb to leave Schenker

March 12 - March 12 - Dr Thomas Lieb will leave Schenker AG and the Deutsche Bahn Group effective March 31, 2015, having resigned from his position as head of business unit DB Schenker Logistics and chairman of the management board of Schenker AG yesterday.
Views: 1211
Toll acquires ODT thumbnail image

Toll acquires ODT

March 12 - March 12 - Toll Group has acquired mining and industrial services provider ODT Australis.
Views: 903
IronPlanet names new cfo thumbnail image

IronPlanet names new cfo

March 10 - March 10 - IronPlanet has appointed Deborah Schleicher as the company's new chief financial officer (cfo).
Views: 716
ALE and Aertssen hit Total milestone thumbnail image

ALE and Aertssen hit Total milestone

March 6 - March 6 - ALE and Aertssen Kranen have completed the installation of the main fractioner unit at the Total Refinery in Antwerp.
Views: 1193
US Cargo Airship Caucus launched thumbnail image

US Cargo Airship Caucus launched

March 6 - March 6 - A Cargo Airship Caucus has been created in the US House of Representatives to encourage the development of these potentially revolutionary aircraft for military and civilian use.
Views: 1045
Profits down at Port of Rotterdam thumbnail image

Profits down at Port of Rotterdam

March 6 - March 6 - While revenue at the Port of Rotterdam Authority grew by 3.1 percent year-on-year in 2014 due to increased economic activity at the port, profits fell by 49 percent owing to higher interest charges and depreciation.
Views: 918
K+N sees continuous improvements thumbnail image

K+N sees continuous improvements

March 6 - March 6 - Kuehne + Nagel posted a net turnover of CHF17.5 billion (USD17.93 billion), a 1.9 percent increase compared with 2013, while its gross profit rose by 0.5 percent to CHF6.28 billion (USD6.43 billion).
Views: 860
2014 'as expected' for Panalpina thumbnail image

2014 'as expected' for Panalpina

March 6 - March 6 - Panalpina's net forwarding revenue in 2014 remained stable at CHF6.7 billion (USD6.86 billion), compared with CHF6.75 billion (USD6.91 billion) in 2013, while gross profit increased by 2 percent year-on-year to CHF1.58 billion (USD1.61 billion).
Views: 835
Kenfreight stars in Kinangop project thumbnail image

Kenfreight stars in Kinangop project

March 4 - March 4 - Early in 2014, East African transport and logistics provider Kenfreight was awarded a project by Spanish company Iberdrola to transport 38 wind turbines for the Kinangop wind farm project, located about 160 km north of Nairobi near the Aberdares
Views: 1143
Lovemore Bros ups rigging capacity thumbnail image

Lovemore Bros ups rigging capacity

March 3 - March 3 - Lovemore Bros has invested ZAR3.85 million (USD325,988) in a new hydraulic gantry crane with a lifting capacity of 350 tonnes.
Views: 1172
ACS ups German ops thumbnail image

ACS ups German ops

March 3 - March 3 - Air Charter Service (ACS) is expanding its German operation by moving to new premises in Frankfurt, and has plans to expand the team with an additional six personnel by October 2015.
Views: 709
Rickmers concludes refinancing thumbnail image

Rickmers concludes refinancing

March 2 - March 2 - Rickmers Group has successfully concluded the negotiations on the general reorganisation of existing bank loans with a total value of EUR1.28 billion (USD1.43 billion), with corresponding contracts signed with a group of principal banks.
Views: 861
Gruber cements deal with HW thumbnail image

Gruber cements deal with HW

March 2 - March 2 - Gruber Logistics has taken over the logistics department of Cologne-based cement plant manufacturer Humboldt Wedag (HW), a subsidiary of KHD Humboldt Wedag International.
Views: 920

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