Latest news from Heavy Lift & Project Forwarding International Magazine

Business News from May 2017

Cranes on the double thumbnail image

Cranes on the double

May 31 - May 31 - Intermarine's recent delivery of two mobile harbour cranes marked the start of Yilport Holding's investment in Ecuador's Puerto Bolivar container terminal.
Views: 1749
Emirates names three thumbnail image

Emirates names three

May 30 - May 30 - Emirates has made three managerial appointments within its commercial and cargo operations team in the Middle East.

Views: 1545
Djibouti opens DMP thumbnail image

Djibouti opens DMP

May 25 - May 25 - Djibouti has officially opened the Doraleh Multipurpose Port (DMP), marking the completion of the USD590 million project.
Views: 1649
Export Credit Norway set to finance retrofits thumbnail image

Export Credit Norway set to finance retrofits

May 25 - May 25 - Following the International Maritime Organization (IMO) ratifications of the ballast water and exhaust gas treaties, government-owned Export Credit Norway has offered financing to international vessel owners who purchase retrofit equipment from N
Views: 1244
Hapag-Lloyd and UASC complete merger thumbnail image

Hapag-Lloyd and UASC complete merger

May 24 - May 24 - Hapag-Lloyd and United Arab Shipping Company (UASC) have completed the merger between the two liner shipping companies.
Views: 2033
Kenagy named deputy thumbnail image

Kenagy named deputy

May 24 - May 24 - The Port of Long Beach has appointed Duane Kenagy as its deputy executive director.
Views: 1270
UK port body queries EC ruling thumbnail image

UK port body queries EC ruling

May 19 - May 19 - Commenting on this week's news that the European Commission had formally adopted the new General Block Exemption Regulations (GBER) on state aids, the British Ports Association chief executive Richard Ballantyne warned against the distortion of c
Views: 1315
Antwerp appoints Holzhammer thumbnail image

Antwerp appoints Holzhammer

May 16 - May 16 - The Port of Antwerp has appointed Walter Holzhammer as a representative for Austria and Hungary.
Views: 1263
Venice grows with Grimaldi thumbnail image

Venice grows with Grimaldi

May 15 - May 15 - In a presentation at the transport logistic exhibition in Munich last week, the Port of Venice celebrated its successful cooperation with the Grimaldi Group, now operating five departures a week to Greece and one weekly departure to the Near East
Views: 1427
Jones Act changes postponed thumbnail image

Jones Act changes postponed

May 12 - May 12 - In a sharp reversal for US offshore service companies, US Customs and Border Protection (CBP) withdrew its proposed changes to Jones Act rules that could have shut the door to foreign-flag operators in the Gulf of Mexico.
Views: 1239
Straightpoint expands in the UK thumbnail image

Straightpoint expands in the UK

May 12 - May 12 - Straightpoint has expanded its manufacturing facilities at its headquarters in Havant, Hampshire, UK.
Views: 1109
Mammoet expands in USA with acquisition thumbnail image

Mammoet expands in USA with acquisition

May 12 - May 12 - Mammoet has acquired USA-based George Young Company, which specialises in rigging, machinery installation and heavy hauling.
Views: 1516
Boskalis' results in line with expectations thumbnail image

Boskalis' results in line with expectations

May 11 - May 11 - Royal Boskalis Westminster has said its performance in the first quarter of 2017 has been in line with expectations, characterised by continued lower volumes of work due to weak market conditions.
Views: 1638
Antonov plans US expansion thumbnail image

Antonov plans US expansion

May 11 - May 11 - Antonov Airlines has confirmed that it will establish a presence in the USA and Hong Kong as part of its ambitious international expansion plans.
Views: 1703
BMT appoints new chief thumbnail image

BMT appoints new chief

May 10 - May 10 - BMT Group has appointed Sarah Kenny as the successor to Peter French, the current chief executive who retires in September.
Views: 1020
Geodis eyes super-heavy and power projects thumbnail image

Geodis eyes super-heavy and power projects

May 9 - May 9 - In what has been a successful year for Geodis' Industrial Projects division, Igor Muniz, Industrial Projects director Europe, said the investments being made at the company would provide a solid foundation for future growth.
Views: 1682
SC&R appoints officers thumbnail image

SC&R appoints officers

May 9 - May 9 - During its annual conference in Arizona, USA the Specialized Carriers & Rigging Association (SC&RA) appointed officers to its SC&R Foundation - its non-profit organisation promoting research projects, scholarships, grants, and education in the hea
Views: 1719
Kerry goes for gold in Italy thumbnail image

Kerry goes for gold in Italy

May 9 - May 9 - Kerry Logistics Network has agreed to acquire the majority stake of the Tuvia Group's subsidiary, Tuvia Italia SpA, as part of the former's ongoing expansion in Europe.
Views: 1565
IAPH appoints Verhoeven thumbnail image

IAPH appoints Verhoeven

May 8 - May 8 - The International Association of Ports and Habors (IAPH) has appointed Patrick Verhoeven as the IAPH managing director - policy and strategy.
Views: 1343
Maxim eyes up Coast acquisition thumbnail image

Maxim eyes up Coast acquisition

May 8 - May 8 - Maxim Crane Works and Essex Rental Corp have entered into a stock purchase agreement, in which Maxim will acquire Coast Crane Company, an indirect wholly-owned subsidiary of Essex.
Views: 1645
Intermarine plays the Trumpy card thumbnail image

Intermarine plays the Trumpy card

May 5 - May 5 - Intermarine has announced the expansion of its monthly liner service from the Mediterranean to the Americas with the appointment of Hugo Trumpy as exclusive commercial agent in Italy for this trade lane.
Views: 1269
Three's company for CLA thumbnail image

Three's company for CLA

May 4 - May 4 - CargoLogicAir (CLA) has taken delivery of a third Boeing 747 freighter.
Views: 780
Cosco profits in Q1 2017 thumbnail image

Cosco profits in Q1 2017

May 4 - May 4 - Cosco Shipping Specialized Carriers has reported a 1,104 percent year-on-year first quarter net profit increase,totalling CNY11.06 million (USD1.61 million).
Views: 1425
Rickmers reports loss ahead of restructuring thumbnail image

Rickmers reports loss ahead of restructuring

May 4 - May 4 - Rickmers Group reported a year-on-year revenue decrease of 17.7 percent for 2016, falling to EUR483.3 million (USD527.6 million) from EUR587 million (USD640.8 million) in 2015.
Views: 1404
Key shipping issues come under scrutiny thumbnail image

Key shipping issues come under scrutiny

May 3 - May 3 - The International Chamber of Shipping (ICS) has launched its latest Annual Review, ahead of the ICS Annual General Meeting in Istanbul next week.
Views: 1748
Maersk's acquisition approved thumbnail image

Maersk's acquisition approved

May 3 - May 3 - The sale and purchase agreement for Maersk Line's acquisition of Hamburg Süd has been approved by the boards of Maersk Line and the Oetker Group.
Views: 1399
Declining vigilance will increase piracy thumbnail image

Declining vigilance will increase piracy

May 3 - May 3 - The recent spate of attacks off the Horn of Africa may point to an elevated risk for a return of piracy, according to Oceans Beyond Piracy's (OBP) annual State of Maritime Piracy report which analyses the human and economic impacts of maritime pir
Views: 1833
Daseke builds open-deck trucking group thumbnail image

Daseke builds open-deck trucking group

May 3 - May 3 - Daseke Inc, one of the largest owners of open-deck transportation equipment in North America, is merging with fellow open-deck truck operators The Schilli Cos and Big Freight Systems Inc.
Views: 1408
Panalpina takes a stake in Carelog thumbnail image

Panalpina takes a stake in Carelog

May 3 - May 3 - Panalpina World Transport has acquired a majority stake in Carelog Freight Service, a Danish freight forwarding and logistics company.
Views: 1673
GAC mixes up management thumbnail image

GAC mixes up management

May 2 - May 2 - GAC has announced management appointments at both group and individual company level.
Views: 1571
ACS soars in 2016 thumbnail image

ACS soars in 2016

May 2 - May 2 - Air Charter Service (ACS) has reported a strong 2016, with an 8 percent increase in revenue, totalling GBP342 million (USD441.8 million) in the year ending January 31, 2017.
Views: 1352
Strong start for DSV thumbnail image

Strong start for DSV

May 2 - May 2 - DSV has reported a net revenue of DKK18.2 billion (USD2.7 billion) for the first quarter of 2017, in comparison to DKK15.3 billion (USD2.2 billion) for the corresponding period of 2016.
Views: 1606
Pioneering Spirit sets record thumbnail image

Pioneering Spirit sets record

May 1 - May 1 - Allseas' dynamically positioned single-lift installation/decommissioning and pipelay vessel Pioneering Spirit has set a world lifting record with the safe and successful removal of Shell UK's 24,000 tonnes Brent Delta platform topsides from the No
Views: 1328
Cargolux profits tumble in volatile 2016 thumbnail image

Cargolux profits tumble in volatile 2016

May 1 - May 1 - Cargolux Airlines carried almost 1 million tonnes of cargo on its global freight network during a volatile 2016. However, the carrier's profit fell some 90 percent year-on-year from USD49 million in 2015 to USD5.5 million in 2016; revenues fell by
Views: 1661
Port promotions in the USA thumbnail image

Port promotions in the USA

May 1 - May 1 - The Port of Vancouver, USA has appointed Elizabeth Gotelli as chief financial and administrative officer (cfao).
Views: 1627

Heavy Lift Across The World

Discover heavy lift and project logistics industry news from around the world by region.