Latest news from Heavy Lift & Project Forwarding International Magazine

Agility's Q1 profit surge

April 30 - Kuwait headquartered logistics provider Agility has reported Q1 2013 net profits of KWD10.1 million (USD35.49 million) - a year-on-year improvement of 46 percent over Q1 2012.

The profit surge came on the back of revenues of KWD352.6 million (USD1.24 billion) - a ten percent improvement over Q1 2012.
Agility's Global Integrated Logistics (GIL) business revenue increased by 7 percent in Q1 2013 over the equivalent 2012 trading period. According to Agility, despite the ongoing weakness of the global market economy, it has expanded its customer base and reach over the last quarter.
Agility GIL secured a three-year contract with oil and gas concern Shell in a deal worth USD80 million to provide freight forwarding from locations worldwide the the Majnoon Oil Field in Iraq.
Agility's Infrastructure group contributed KWD57 million (USD200.3 million) to the Q1 total revenue - an increase of 20 percent year-over-year.

Heavy Lift | News

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: 100
Shelala joins ALG board thumbnail image

Shelala joins ALG board

September 17 - Compass Forwarding’s Robert Shelala has joined the board of Aerospace Logistics Group (ALG), a network of companies that specialise in the movement of aircraft parts and components.
Views: 255
Pasquinelli in yacht move thumbnail image

Pasquinelli in yacht move

September 17 - Pasquinelli Spa has moved a 460-ton (417.3-tonne) yacht from Chioggia to Ancona, Italy.
Views: 298
Asco completes overhaul thumbnail image

Asco completes overhaul

September 17 - Azerbaijan Caspian Shipping Company (Asco) has modernised its tug vessel Om.
Views: 200

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