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

UHL boosts fleet with 12 ships thumbnail image

UHL boosts fleet with 12 ships

January 23 - United Heavy Lift (UHL) has updated its fleet list to include nine Eco Lifter multipurpose vessels that were previously delivered to Zeamarine. 
Views: 1414
Navigating Sulphur 2020 thumbnail image

Navigating Sulphur 2020

January 24 - The International Maritime Organization (IMO) has praised the implementation of the 0.5 percent sulphur cap on marine fuel, claiming that, so far, the transition has been “relatively smooth”, although charter party disputes are expected to emerge soon.
Views: 469
Zagrebtrans adds Scheuerle modules thumbnail image

Zagrebtrans adds Scheuerle modules

January 24 - Croatia-headquartered Zagrebtrans has acquired an UltralightCombi trailer combination from Scheuerle, a subsidiary of the TII Group.
Views: 581

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