Latest news from Heavy Lift & Project Forwarding International Magazine

Volga-Dnepr Group names Glushnev amid company restructure

Volga-Dnepr Group has appointed Nikolay Glushnev as general director of AirBridgeCargo Airlines (ABC) as it launches a group-wide restructuring plan.

The restructuring plan has been introduced as a result of a drop in cargo volume for three of the group’s subsidiaries – ABC, Volga-Dnepr Airlines (VDA) and Atran Airlines.

According to Volga-Dnepr, freight traffic for the carriers declined by 6 percent during the first half of 2019.

This was 20 percent below expectations and budget, said Volga-Dnepr, adding: “Decrease of the world cargo market, overcapacity and operational hurdles prevented the group’s business profitability.”

In an attempt to return to growth this year, the management team will be restructured; the plan also consists of cost reductions and the development of the group’s specialist services.

Glushnev, who has over 14 years of experience in the air cargo sector and previously served as ABC’s director of operations, will replace Sergey Lazarev, who has left the company.

This will likely be the first in a series of announcements about the group’s management re-shuffle.

www.volga-dnepr.com

Heavy Lift | News

Fire outbreak at US port thumbnail image

Fire outbreak at US port

June 5 - A fire broke out aboard Höegh Autoliners’ ro-ro vessel Höegh Xiamen yesterday (June 4) at Blount Island, Jacksonville, USA; there are no injuries to any of the 21 crew members, who have all been evacuated from the vessel.
Views: 404
Intradco charters AN-225 thumbnail image

Intradco charters AN-225

June 5 - Intradco Global, in collaboration with GTA GSM, charted the Antonov AN-225 freighter aircraft to transport nearly 1,000 cu m of medical supplies and personal protective equipment (PPE).
Views: 381
Pacific Osprey returns to service  thumbnail image

Pacific Osprey returns to service 

June 5 - Swire Blue Ocean’s (SBO) wind farm installation vessel Pacific Osprey has returned to service following the installation of its extended crane boom in Denmark. 
Views: 467

Heavy Lift Across The World

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