Latest news from Heavy Lift & Project Forwarding International Magazine

Business News from April 2016

Dongbang in Iranian first thumbnail image

Dongbang in Iranian first

April 28 - April 28 - Dongbang Transport Logistics has carried eight fabricated deck modules on one of its heavy load carriers, Dongbang Giant No. 2, from Ulsan, South Korea, to Khorramshahr in Iran.
Views: 2106
Vanguard ready for power in Africa thumbnail image

Vanguard ready for power in Africa

April 27 - April 27 - Constrained power supply holds back economic growth in Africa, but capacity is steadily being built to feed this electricity-hungry region.
Views: 1767
Dundee development gets under way thumbnail image

Dundee development gets under way

April 26 - April 26 - Site survey works are under way at the Port of Dundee for the proposed new GBP10 million (USD14.6 million) quayside development.
Views: 1344
BACA adds four to council thumbnail image

BACA adds four to council

April 25 - April 25 - The Baltic Air Charter Association (BACA) has appointed four executives to its governing council to strengthen the governing body of the association and reflect the makeup of the association's membership.
Views: 591
Eidesvik in at TTS thumbnail image

Eidesvik in at TTS

April 25 - April 25 - With immediate effect, Toril Eidesvik has been appointed ceo of TTS Group ASA, succeeding Björn Andersson.
Views: 914
GAC promotes two thumbnail image

GAC promotes two

April 25 - April 25 - GAC has appointed Hakan Wester as its new group vice president - strategy and planning, and named Mikael Leijonberg as the group's new chief financial officer.
Views: 1478
Panalpina grows as oil business slows thumbnail image

Panalpina grows as oil business slows

April 21 - April 21 - Panalpina posted an EBIT of CHF24 million (USD24.6 million) and a consolidated profit of CHF17.3 million (USD17.8 million) for the first quarter of 2016, despite the continued contraction of the global oil and gas business.
Views: 1237
Study shows US cross-border problems thumbnail image

Study shows US cross-border problems

April 21 - April 21 - In the USA, as part of a study on multi-state, multimodal oversize/overweight (OS/OW) transportation for the Transportation Research Board (TRB), the management consulting firm CPCS indexed 72 unique OS/OW regulations, operational restrictions,
Views: 1417
Kobelco giants join MIC thumbnail image

Kobelco giants join MIC

April 20 - April 20 - Kobelco Construction Machinery celebrated the handover of three 1,250-tonne capacity SL16000J-H crawler cranes to its longstanding customer, Japan's MIC Corporation, at the bauma exhibition in Munich last week.
Views: 1744
First for Rapid Response thumbnail image

First for Rapid Response

April 20 - April 20 - UK based Rapid Response Solutions (RRS) has taken delivery of a 300-tonne capacity hydraulic skidding system, the only one of its kind in Europe, from Canadian manufacturer Hydra-Slide.
Views: 1344
'Difficult times' for Grieg Star thumbnail image

'Difficult times' for Grieg Star

April 19 - April 19 - Grieg Star states that its open hatch shipping business delivered better results than expected in 2015, posting a loss of USD7 million.
Views: 1148
Goldhofer launches ADDrive thumbnail image

Goldhofer launches ADDrive

April 18 - April 18 - Goldhofer unveiled its first heavy-duty drive unit - the ADDrive - at the bauma exhibition in Munich last week, which it claims combines the benefits of a towed module and self-propelled module.
Views: 1313
Rickmers considers ship management merger thumbnail image

Rickmers considers ship management merger

April 18 - April 18 - Rickmers Holding and E.R. Capital Holding are reviewing a potential merger of their respective ship management units - Rickmers Maritime Services and E.R. Schiffahrt.
Views: 708
GAC studies Northern Sea Route thumbnail image

GAC studies Northern Sea Route

April 15 - April 15 - GAC Russia has teamed up with the Far East Development Fund to address the challenges faced by international shipping companies transiting the Northern Sea Route (NSR), and to make this transport corridor more attractive to ship and cargo owner
Views: 1538
Kässbohrer back 'home' thumbnail image

Kässbohrer back 'home'

April 15 - April 15 - 23 years after it ceased operations in the city, Kässbohrer has announced that it is re-establishing its presence in its once home town of Ulm, Germany.
Views: 1090
Another two years of misery, says Drewry thumbnail image

Another two years of misery, says Drewry

April 14 - April 14 - Drewry predicts that the multipurpose shipping market is not expected to recover until the end of 2017, when it is anticipated that there will be more bulk demand for Handysize tonnage and therefore more breakbulk cargoes for multipurpose vesse
Views: 1474
Vallianz buys out Holmen thumbnail image

Vallianz buys out Holmen

April 12 - April 12 - Through its wholly owned subsidiary Vallianz International, Vallianz Holding has acquired a 75 percent shareholding in Holmen Heavylift Offshore for USD6 million.
Views: 1131
Zeaborn expands fleet to 34 thumbnail image

Zeaborn expands fleet to 34

April 11 - April 11 - Further to the news reported by HLPFI last week regarding the company's cooperation with Carisbrooke Shipping, Zeaborn has acquired a majority shareholding in the shipping-related companies of the HC Group.
Views: 1019
EMS gains Fehn Lyra thumbnail image

EMS gains Fehn Lyra

April 11 - April 11 - The 4,500 dwt vessel Fehn Lyra (ex-Fluvius Tamar) has joined the fleet of Fehn Ship Management and will subsequently be chartered by EMS Chartering.
Views: 1006
Freeport finds new chief thumbnail image

Freeport finds new chief

April 11 - April 11 - After several months of searching, Phyllis Saathoff has been appointed executive port director and ceo of Port Freeport.
Views: 807
DSV says UTi takeover going well thumbnail image

DSV says UTi takeover going well

April 11 - April 11 - Following its acquisition of UTi, DSV says that its 100 largest clients have all committed to continuing business with the combined group.
Views: 607
Braid Logistics penalised for bribery thumbnail image

Braid Logistics penalised for bribery

April 8 - April 8 - Glasgow based logistics company, Braid Logistics, is to pay GBP2.2 million (USD3.09 million) after self-reporting over bribery and failure to prevent bribery, according to the Civil Recovery Unit of the Crown Office and Procurator Fiscal Service
Views: 1320
ABC exec joins BARIG thumbnail image

ABC exec joins BARIG

April 8 - April 8 - AirBridgeCargo Airlines' (ABC) regional operations and ground handling director for EMEA, Ivan Santoro, has been appointed co-chairman of Board of Airline Representatives in Germany's (BARIG) cargo committee alongside Michael Hoppe.
Views: 1328
Atlas completes Southern swoop thumbnail image

Atlas completes Southern swoop

April 8 - April 8 - In a deal worth USD110 million, Atlas Air Worldwide Holdings has completed its acquisition of Southern Air Holdings.
Views: 1097
Eller joins Talbert thumbnail image

Eller joins Talbert

April 7 - April 7 - Indiana, USA headquartered Talbert Manufacturing has appointed Jim Eller as its new west region sales manager.
Views: 1296
OMA appoints two thumbnail image

OMA appoints two

April 6 - April 6 - Neale Proctor has joined OMA (West Africa) Group as a consultant, while OMA Togo has appointed Desmond Vorster as general manager.
Views: 1819
Martin Bencher names Hougaard thumbnail image

Martin Bencher names Hougaard

April 6 - April 6 - Martin Bencher has appointed Joergen Hougaard as its group chief operating officer (coo).
Views: 912
Duo joins DPH thumbnail image

Duo joins DPH

April 6 - April 6 - US based stevedoring and terminal service organisation Diversified Port Holdings (DPH) - parent company of Seaonus and Portus - has appointed Chris May as chief process officer and Troy Gouger as president of operations.
Views: 1064
Carisbrooke in Zeaborn tie-up thumbnail image

Carisbrooke in Zeaborn tie-up

April 5 - April 5 - With effect from April 1, Carisbrooke Shipping's fleet of 17 multipurpose vessels - the 12,900 dwt and Vectis type ships - will be commercially managed by Zeaborn Chartering in Bremen, Germany.
Views: 1831
ABP names Southampton head thumbnail image

ABP names Southampton head

April 5 - April 5 - Associated British Ports (ABP) has appointed Alastair Welch to replace Nick Ridehalgh as director of the UK Port of Southampton.
Views: 1206
Delaney up at GAC thumbnail image

Delaney up at GAC

April 4 - April 4 - Mark Delaney has been appointed managing director of GAC India, following the retirement of Paul Haegeman, who has held the position since 2004.
Views: 1617
HMM takes step in right direction thumbnail image

HMM takes step in right direction

April 1 - April 1 - According to reports in the international media, Hyundai Merchant Marine (HMM) is making progress with plans to rescue the South Korean shipping line from bankruptcy.
Views: 1367

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