Latest news from Heavy Lift & Project Forwarding International Magazine

Strong 2012 at BAHRI

February 27 - The National Shipping Company of Saudi Arabia (BAHRI) saw strong financial performance during 2012.

Net profit at the shipping line for 2012 totalled SAR504 million (USD134.4 million), up 75.1 percent over 2011.

Operating profit during the trading period rose by 97.7 percent year-on-year to SAR453.8 million (USD121 million).

According to BAHRI, its net profit surge was a result of an improvement in the oil and gas sector, due to an increase of the average time charter equivalent rates in the very large crude carrier spot market.  BAHRI also saw improvement in the general cargo sector.

www.bahri.sa

Heavy Lift | News

RWG expands in Hanoi  thumbnail image

RWG expands in Hanoi 

February 14 - Vietnam-based Red Wolf Global (RWG) has opened an office in Hanoi to serve the northern part of the country.
Views: 401
HTA adds training courses thumbnail image

HTA adds training courses

February 14 - The UK’s Heavy Transport Association (HTA) has launched two abnormal load escort training programmes.
Views: 459
ProLift acquires ARM thumbnail image

ProLift acquires ARM

February 14 - ProLift Rigging has acquired Advanced Riggers & Millwrights (ARM), a rigging and plant relocation company based in Riverside, California.
Views: 476

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