Latest news from Heavy Lift & Project Forwarding International Magazine

Buhazza leaves Maximus

December 10 - According to Middle Eastern media reports, Abu Dhabi based freighter airline, Maximus Air, has replaced its longstanding president and ceo, Fathi Buhazza.

The troubled airline grounded its fleet of A300 freighters in June 2013 and made a number of redundancies, blaming a significantly changing air cargo market resultant from the economic downturn. Since then, the carrier has relied on its single AN-124 freighter and pair of IL-76's to keep the doors open. Maximus Air has also seen its margins squeezed as it faces ever-increasing competition from the bellyhold capacity of large passenger aircraft operating in the region.
 
Unconfirmed reports suggest Samir Ramadan has replaced Buhazza on an interim basis.
 
www.maximus.aero

Heavy Lift | News

Marine insurance: Reducing costs and capacity thumbnail image

Marine insurance: Reducing costs and capacity

September 19 - Marine insurance providers are commoditising their products in order to reduce costs. The result, according to the International Union of Marine Insurance (IUMI), is a loss of expertise.
Views: 346
Zeaborn forms JV with MPC thumbnail image

Zeaborn forms JV with MPC

September 18 - Zeaborn Group has formed a joint venture with MPC Capital Group to handle the chartering and commercial management of a fleet of more than 160 container and bulk carriers.
Views: 734
DHL strengthens network in Middle East and Africa thumbnail image

DHL strengthens network in Middle East and Africa

September 18 - DHL Industrial Projects is opening a centre of excellence (COE) in Dubai as well as offices in Egypt, Ethiopia, Kenya and Turkey to coordinate complex logistics projects in the Middle East and Africa.
Views: 844
ALE plans Swedish branch thumbnail image

ALE plans Swedish branch

September 18 - ALE will open an office in Sweden during the last quarter of 2019 as it looks to expand its operations in Scandinavia.
Views: 593

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