Latest news from Heavy Lift & Project Forwarding International Magazine

Cargolux resolves contractual issues

October 12 - Cargolux announced today that the delivery of the first two Boeing 747-8 Freighters initially scheduled for 19 and 21 September is proceeding on 12 and 13 October 2011 following the resolution of contractual issues between Boeing, GE and Carg

In its meeting on 7 October, the Cargolux Board of Directors appreciated that the negotiation team Akbar al Baker (director), Frank Reimen (president and chief executive officer)) and David Arendt (executive vice president and chief financial officer) and company management took the appropriate actions to ensure that the 747-8 entry into service issues be resolved successfully.

Reimen said: "I am pleased that we have reached agreement on the contractual issues. The 747-8 Freighter will be a driver of profitable growth for Cargolux", which is good news as launch customer Cargolux has 13 Boeing 747-8 Freighter aircraft on firm order.

As an enhanced variant of the 747-400 cargo aircraft, the new-generation 747-8 Freighter offers a variety of benefits over its predecessor, including additional payload, less fuel burn and carbon emissions and a considerably lower noise footprint, says Cargolux.

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: 133
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: 322
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: 371
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: 347

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