Latest news from Heavy Lift & Project Forwarding International Magazine

New chairman takes helm at Cargolux as CFO steps down

September 19 - Main deck cargo airline Cargolux has appointed a new board chairman to succeed Marc Hoffman, who remains a board director.

Albert Wildgen, who heads the estate of Grand Duke of Luxembourg and has been an independent director since the closing of the strategic partnership transaction between Cargolux and Qatar Airways on 8 September 2011, has assumed his new role as board chairman.

Meanwhile, the company's executive vice president and CFO, has resigned to pursue other business interests at a new freeport to be based at Findel, Luxembourg's national airport.

David Arendt will leave Cargolux before the end of 2011, says the airline.

Arendt has been with the company since 1998 as CFO and was named executive vice president in May 2003. Cargolux, Europe's largest all-cargo airline, expects to co-operate closely with the VAT-free zone at Findel, designed to enhance the attractiveness of the Luxembourg logistics sector by creating a new niche for forwarders of valuable goods.

Heavy Lift | News

West P&I to acquire NMI stake thumbnail image

West P&I to acquire NMI stake

February 24 - West of England P&I Club has signed an agreement to acquire a significant stake in Nordic Marine Insurance (NMI).
Views: 233
Fitzgerald returns to Crowley  thumbnail image

Fitzgerald returns to Crowley 

February 21 - Crowley Maritime Corporation has appointed Ray Fitzgerald as its chief operating officer, effective March 1. 
Views: 582
KENC completes engineering scope for Jumbo thumbnail image

KENC completes engineering scope for Jumbo

February 21 - The Netherlands-based KENC Engineering has collaborated with Jumbo to prepare the heavy lift vessel Fairplayer for an FPSO installation project offshore Brazil. 
Views: 506

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