Latest news from Heavy Lift & Project Forwarding International Magazine

Boskalis raises earnings outlook

November 16 - Royal Boskalis Westminster, a leading global services provider operating in the marine services area and providing heavy lift services through its SMIT subsidiary has reported a good third quarter to 2012.

Revenue and profit was higher than in the first half of 2012 against stable market conditions. The order book increased in recent months and stood at a new record high of EUR4 billion (USD5.09 billion) at the end of the third quarter.

The level of activity for the group's Salvage, Transport & Heavy Lift division was reported as good. Continued strong demand from the offshore industry translated into strong fleet utilisation at Subsea and Transport, and Heavy Lift demand in Asia for floating sheerlegs was high.

For the remainder of the year the board expects market developments to be in line with the first three quarters. The full-year outlook was raised to anticipate a net profit EUR230-245 million (USD293-312 million)

Heavy Lift | News

GE responds to fraud allegations thumbnail image

GE responds to fraud allegations

August 19 - General Electic (GE) has issued a statement in response to allegations that the company is engaging in accounting fraud worth USD38 billion.
Views: 106
DSV completes Panalpina acquisition thumbnail image

DSV completes Panalpina acquisition

August 19 - DSV has completed the acquisition of Swiss freight forwarder Panalpina, creating one of the world’s largest transport and logistics companies.
Views: 142
FROM THE MAGAZINE: Pumping up power thumbnail image

FROM THE MAGAZINE: Pumping up power

August 19 - As nations reduce their reliance on fossil-fuelled power generation, hydropower projects – in particular pumped storage schemes – will play a key role in supplementing wind and solar energy developments.
Views: 260
Jan De Nul secures Kriegers Flak work thumbnail image

Jan De Nul secures Kriegers Flak work

August 16 - Jan De Nul Group will transport and install 72 Siemens wind turbine generators – with a capacity of 8.4 MW each – for the Kriegers Flak offshore wind farm in Denmark.
Views: 611

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