Latest news from Heavy Lift & Project Forwarding International Magazine

Almajdouie invests in global forwarding venture

November 25 - The Saudi Arabia-based Almajdouie Group has invested in a new freight forwarding venture, Maxx Global, which will target the project logistics and general cargo sectors.

Investors in the company include India's Sahil FreightCargo-Partner of Austria, De Rijke Logistics from Holland and S I Mustafa (pictured below), Almajdouie's long-serving vice president of logistics.

Having appointed Abdullah Ali Almajdouie as chairman, Maxx Global hopes to grow its business by inviting other companies to invest in the start-up.

In addition to its operating HQ in Dubai, it plans to open a further nine offices in the Gulf and one in Kuala Lumpur, Malaysia. A Canadian office is already active. "When you bid for global projects you need local know-how and contacts to gain the confidence of clients," explained Raza Esmail, Maxx Global's vice president, global development.

"Maxx is all about synergy­ we have found partners with the same concept: family-orientated companies who think outside the box."

In a separate development, Almajdouie has formed a specialist company, Petrologi, to offer petrochemical logistics solutions on an international basis.

Partners in the new firm, based in Bahrain, include De Rijke and Sumitomo, of Japan.


Heavy Lift | News

Winners revealed at Heavy Lift Awards thumbnail image

Winners revealed at Heavy Lift Awards

October 16 - Almost 400 guests gathered at the inaugural Heavy Lift Awards ceremony last night at the Hilton Old Town hotel in Antwerp to celebrate the achievements of the heavy lift, specialised transport and project logistics sector.
Views: 814
Marguisa teams up with NileDutch thumbnail image

Marguisa teams up with NileDutch

October 16 - Marguisa has signed an agreement with NileDutch that will see the company’s Calabar service expanded with additional port calls in the Republic of the Congo and São Tomé and Príncipe.
Views: 296
DSV warns of cuts at Panalpina thumbnail image

DSV warns of cuts at Panalpina

October 15 - Corporate functions and positions at Panalpina may be cut or relocated to DSV’s headquarters in Denmark, as the companies continue with the integration process.
Views: 754

Heavy Lift Across The World

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