Latest news from Heavy Lift & Project Forwarding International Magazine

Bahri sees Q1 slowdown

April 23 - The National Shipping Line of Saudia Arabia (Bahri) has seen its net profit for the first three months of 2013 fall by 9.4 percent year-on-year over 2012 to SAR144.5 million (USD33.5 million).

Bahri ceo Eng. Saleh N AL-Jasser attributed the year-on-year net profit fall to a lower time charter equivalent (TCE) spot rate for crude oil VLCC transportation.
Gross profit for the three-month trading period totaled SAR115.6 million (USD30.83 million) - a year-on-year decline of 35.9 percent.

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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