Latest news from Heavy Lift & Project Forwarding International Magazine

Record year for Wilh Wilhelmsen as high and heavy comes to its rescue

February -12-The Wilh Wilhelmsen (WW) maritime group achieved an operating income of USD3.4 billion in 2008, up by more than 25ompared with 2007's USD2.7 billion.

High and heavy shipments, currently a niche operation for the mainly finished automobile-carrying ro-ro line, are set to gain importance this year as the traditional manufactured car traffic looks set to plummet.

Net operating profit came to USD351.6 million, compared with USD265.7 million. Operating income for the fourth quarter amounted to USD853.4 million, up from USD740.1 million for the same period in 2007.

Operating profit came to USD134.0 million, compared with USD58.9 million.Ingar Skaug, group chief executive of WW, said: "We expect a decline in car volumes for 2009, and although the short term outlook for high and heavy and project cargoes are somewhat down, we deem the underlying demand to be more stable."

Heavy Lift | News

Reynolds slides to success thumbnail image

Reynolds slides to success

March 27 - Reynolds Transfer and Storage has used Hydra-Slide hydraulic skidding equipment to remove and replace a transformer in Madison, Wisconsin.
Views: 667
BIFA calls to extend Brexit transition thumbnail image

BIFA calls to extend Brexit transition

March 27 - The British International Freight Association (BIFA) is calling on the UK government to request an extension to the Brexit transition period.
Views: 834
Broekman boosts capacity with Konecranes thumbnail image

Broekman boosts capacity with Konecranes

March 27 - Broekman Logistics has taken delivery of a Konecranes Gottwald Model 4 mobile harbour crane at its multipurpose terminal at the port of Rotterdam.
Views: 529

Heavy Lift Across The World

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