Latest news from Heavy Lift & Project Forwarding International Magazine

Business News from March 2017

MOL marks Malaysian enhancement thumbnail image

MOL marks Malaysian enhancement

March 30 - March 30 - Mitsui OSK Lines (MOL) has acquired a 20.9 percent share in Malaysian logistics company, PKT Logistics Group.
Views: 1123
Harren & Partner gains wind thumbnail image

Harren & Partner gains wind

March 30 - March 30 - Harren & Partner has been appointed technical manager of Ocean Breeze Energy's jack-up vessel, Wind Lift I.
Views: 904
Recovery in sight, says Drewry thumbnail image

Recovery in sight, says Drewry

March 29 - March 29 - Following another poor year for multipurpose shipping with further erosion of rates making it the worst market in over 10 years, signs of recovery are now evident with momentum expected to build over the next few years, according to global ship
Views: 993
Goldhofer gains UK service partners thumbnail image

Goldhofer gains UK service partners

March 29 - March 29 - Goldhofer has recruited two service partners in the UK, Truck Technics and Specialist Trailer Services UK, in response to its growing market shares in heavy haulage and oversized cargo transportation in the country.
Views: 1101
Jemdahl in at Greencarrier thumbnail image

Jemdahl in at Greencarrier

March 28 - March 28 - Greencarrier Freight Services has appointed Johan Jemdahl as its ceo.
Views: 757
Portland picks O'Hollaren thumbnail image

Portland picks O'Hollaren

March 28 - March 28 - Ken O'Hollaren has been appointed as marine marketing director at the Port of Portland, USA.
Views: 676
All change at the top at Daimler thumbnail image

All change at the top at Daimler

March 24 - March 24 - Following February's resignation of Dr Wolfgang Bernhard at the world's largest heavy truck manufacturer, Daimler Truck and Bus has appointed his successor and announced a new ceo for its North American operation.
Views: 1189
Vossmann tackles vortex thumbnail image

Vossmann tackles vortex

March 24 - March 24 - Vossmann Logistik has used a Faymonville Combimax trailer to transport a 105-tonne vortex used in the cleaning of gas to the inland Port of Meppen, Germany.
Views: 1031
Shipping not a picnic, says accountant thumbnail image

Shipping not a picnic, says accountant

March 23 - March 23 - Shipping confidence held steady in the three months to end-February 2017, according to the latest Shipping Confidence Survey from international accountant and shipping adviser Moore Stephens.
Views: 998
PensionDanmark's maritime investment thumbnail image

PensionDanmark's maritime investment

March 22 - March 22 - PensionDanmark, one of Denmark's largest pension funds, is investing in a new maritime investment fund which will buy, lease and sell ships.
Views: 760
Avoid warranty surveyors at your peril thumbnail image

Avoid warranty surveyors at your peril

March 21 - March 21 - The London P&I Club has highlighted a recent increase in incidents of deck cargoes shifting in heavy weather to support a recommendation that a warranty surveyor is appointed to supervise high-risk marine construction and transportation project
Views: 925
Hapag-Lloyd and UASC move merger date thumbnail image

Hapag-Lloyd and UASC move merger date

March 17 - March 17 - Hapag-Lloyd and UASC have mutually agreed to shift the date of their Business Combination Agreement (BCA) until May 31, 2017 having originally envisaged the transaction would close by March 31, 2017.
Views: 414
EC re-adopts air cartel decision thumbnail image

EC re-adopts air cartel decision

March 17 - March 17 - The European Commission has re-adopted a cartel decision against 11 air cargo carriers and imposed a fine totalling EUR776.465 million (USD834.5 million) for operating a price-fixing cartel.
Views: 1114
Wood Group buys Amec Foster Wheeler thumbnail image

Wood Group buys Amec Foster Wheeler

March 15 - March 15 - UK-headquartered energy services company Wood Group is set to acquire Amec Foster Wheeler - a UK-based consultancy and project management company - in an all-share takeover deal worth approximately GBP2.2 billion (USD2.7 billion).
Views: 493
Ocean7 Projects merge with Ikonship thumbnail image

Ocean7 Projects merge with Ikonship

March 13 - March 13 - Effective April 1, two Danish shipping companies, Ocean7 Projects and Ikonship, will merge their activities under the Ocean7 Projects banner.
Views: 895
Subsea 7 takes control of Seaway Heavy Lifting
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Subsea 7 takes control of Seaway Heavy Lifting


March 13 - March 13 - Subsea 7 has acquired K&S Baltic Offshore's 50 percent shareholding in Seaway Heavy Lifting, making the latter and its subsidiaries wholly owned by the Subsea 7 Group.
Views: 928
Scheuerle promotes North American range thumbnail image

Scheuerle promotes North American range

March 13 - March 13 - Germany-headquartered specialised trailer manufacturer TII Group has used the CoxExpo convention to promote its range of trailers and specialised handling equipment geared to the North American market.
Views: 875
LNG first for Van Oord
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LNG first for Van Oord


March 10 - March 10 - Van Oord has ordered its first LNG-powered crane vessel, named Werkendam, to be deployed to its subsidiary Paans Van Oord for Netherlands-based projects.


Views: 791
CSX begins management cuts
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CSX begins management cuts


March 10 - March 10 - According to local media reports, CSX has started the process of laying off around 1,000 employees with the majority expected to take place at CSX's Jacksonville, Florida headquarters.

Views: 421
WWPC raises record in Cebu thumbnail image

WWPC raises record in Cebu

March 10 - March 10 - Members of the Worldwide Project Consortium (WWPC) raised USD43,500 for the Filipino children's charity Albert Schweitzer Familienwerk Foundation at its 17th annual conference at Shangri-La's Mactan Resort & Spa in Cebu, the Philippines.
Views: 1232
Greencarrier and JAS form alliance thumbnail image

Greencarrier and JAS form alliance

March 9 - March 9 - Greencarrier Freight Services and JAS Worldwide have formed an alliance to provide freight and logistics services through JAS' global network and Greencarrier's operations in the Nordic and Baltic areas, representing each other exclusively in th
Views: 1386
Jaxport goes Green thumbnail image

Jaxport goes Green

March 9 - March 9 - The Jacksonville Port Authority (Jaxport) in Florida, USA, has appointed Eric Green, the organisation's senior director of government affairs, as its acting ceo.
No news is good news for shipping thumbnail image

No news is good news for shipping

March 9 - March 9 - International accountant and shipping adviser Moore Stephens says the UK Budget 2017 contained no unwelcome surprises for the shipping industry, and some good news for the offshore sector.
Views: 659
UK groups set up abnormal loads forum thumbnail image

UK groups set up abnormal loads forum

March 8 - March 8 - A new abnormal loads cross-industry forum and working group has been established in the UK to develop an industry code of practice to benefit the whole of the distribution network.
Views: 852
Results round up thumbnail image

Results round up

March 8 - March 8 - Gebrüder Weiss has reported total revenues of EUR1.36 billion (USD1.435 billion) for its 2016 financial year, up 6.4 percent in comparison to EUR1.278 billion (USD1.348 billion) achieved in 2015.
Views: 1178
Faymonville acquires Cometto thumbnail image

Faymonville acquires Cometto

March 8 - March 8 - Luxembourg headquartered trailer manufacturer Faymonville has reached an agreement to purchase 100 percent of the shares in Italian trailer manufacturer Industrie Cometto.
Views: 989
Record January for Baltimore thumbnail image

Record January for Baltimore

March 7 - March 7 - The Port of Baltimore, USA has reported a record month for general cargo and containers in January 2017.
Views: 717
AMI buys into Manica thumbnail image

AMI buys into Manica

March 6 - March 6 - AMI International of Mauritius has acquired the Bidvest Group's shareholding in Manica Holdings of South Africa.
Views: 1949
Clark appointed at Bellingham thumbnail image

Clark appointed at Bellingham

March 3 - March 3 - The Port of Bellingham has appointed Chris Clark as its marine terminals business development manager.
Views: 701
Panalpina's volumes rise while profits fall thumbnail image

Panalpina's volumes rise while profits fall

March 2 - March 2 - Despite Panalpina recording its highest air freight volumes since 2007, its gross profit margins in both air and ocean freight declined in 2016.
Views: 646
Atlas Air's fourth quarter high thumbnail image

Atlas Air's fourth quarter high

March 2 - March 2 - Atlas Air Worldwide Holdings (AAWW) achieved record revenues for the fourth quarter of 2016, reporting an adjusted income from continuing operations totalling USD59 million, compared with USD39.4 million in the fourth quarter of 2015.
Views: 584
New EMEA head at UK P&I thumbnail image

New EMEA head at UK P&I

March 1 - March 1 - The UK P&I Club has appointed Susanne Murphy as its Europe, Middle East and Africa (EMEA) regional director.
Views: 765
Gamette promoted at Long Beach thumbnail image

Gamette promoted at Long Beach

March 1 - March 1 - The Port of Long Beach has appointed Sean Gamette as managing director of engineering services.
Views: 749
Djibouti readies for new facility thumbnail image

Djibouti readies for new facility

March 1 - March 1 - The Port of Djibouti's Doraleh Multipurpose Port (DMP) will be completed by the end of this month, with commissioning starting in April, after a total investment of over USD590 million.
Views: 966

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