Latest news from Heavy Lift & Project Forwarding International Magazine

Allcargo exits ship-ownership

Mumbai-headquartered Allcargo Logistics has exited the shipowning and coastal shipping business by selling its last vessel.

At one point, the company operated a fleet of five ships. Commenting on the development, Prakash Tulsiani, executive director and ceo at Allcargo Logistics, said: “The growth in coastal bulk shipping has remained slow. Consequently, the segment did not contribute significantly in line with our outlook through the last seven years. This decision was made keeping in mind the ongoing shipping recession.”

He added that the company would focus on the global container shipping sector.

www.allcargologistics.com

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Sims Crane appoints Lester

July 19 - Florida’s Sims Crane & Equipment has named Jared Lester as its business development manager. 
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ITI and FHS to open Florida training centre thumbnail image

ITI and FHS to open Florida training centre

July 19 - Florida Handling Systems (FHS), a Mazzella Company, and Industrial Training International (ITI) have confirmed that they will develop a training centre in Bartow, Florida.
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