Latest news from Heavy Lift & Project Forwarding International Magazine

Heavy Lift Across the World

POSH sets up in Brunei

PACC Offshore Services (POSH) has established a Brunei-based associated company.

Singapore-headquartered POSH provides marine services for the offshore oil and gas supply chain. The associated company – POSH Darussalam – will charter and operate vessels.

Last week, POSH posted a loss of USD12.7 million for the first quarter ended March 31; for the same period of 2018 it saw losses of USD7.2 million.

Revenue fell 12 percent to USD61.8 million from USD70.6 million in the first quarter of 2018; it attributed the decline to lower contributions from its offshore accommodation (OA) segment. This was partially offset by higher revenue in its offshore supply vessel, transportation and installation, and harbour services and emergency response business units.

www.posh.com.sg

 

 

Heavy Lift | News

Fred. Olsen opens in Taipei thumbnail image

Fred. Olsen opens in Taipei

December 13 - Fred. Olsen Ocean has opened a branch office in Taipei, Taiwan to support the growing offshore wind business in the Asia Pacific region.
Views: 643
CS Wind places Kalmar order  thumbnail image

CS Wind places Kalmar order 

December 6 - Kalmar will supply CS Wind Vietnam with two Super Gloria reachstackers, each with a lifting capacity of 100 tons (90.7 tonnes). 
Views: 1086

Heavy Lift Across The World

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