International event for project cargo professionals


The latest news about the Project Cargo Industry

Hebo to recover sunken Liebherr cranes in Rostock Port

The mobile harbour cranes that fell from heavy lift vessel Jumbo Vision in Rostock harbour basin B on 31 January are to be recovered with the Hebo Lift 9. This floating crane left Rotterdam on 19 February and will arrive in Rostock in five days’ time when the salvage operation will commence. With a lifting… Read more ›

Charter rates for multipurpose vessels remain stable so far

Despite the coronavirus, a very low Baltic Dry Index and problems at Zeamarine, charter rates for multipurpose and heavy-lift vessels so far seem to remain stable, according to Toepfer’s Multipurpose Shipping Index.  Toepfer’s Multipurpose Index measures the average daily of a standard 12,500 dwt MPV/HL vessel. Mid-February the index stands at an average daily charter… Read more ›

US wind market drives project cargo growth in Duluth

PRESS RELEASE – A rise in project cargo pushed the total cargo volume in the Port of Duluth to 33.5 million tonnes in 2019. Thanks to a growing US wind industry, the handling of project cargo, breakbulk and heavy-lift pieces increased tenfold.  Wind energy cargo arrivals paced the surge, with terminal operator Duluth Cargo Connect… Read more ›

Mammoet deploys 264 axle lines to move giant Sky Bridge

PRESS RELEASE – Mammoet has completed the move of a 200 metres long Sky Bridge at Hong Kong International Airport (HKIA). It will serve as a new panoramic point and the world’s longest airside bridge. The pedestrian bridge connects HKIA’s Terminal 1 with the North Satellite Concourse and is high enough for the world’s largest… Read more ›

Red Wolf Global expands in north of Vietnam

PRESS RELEASE – Thai breakbulk and project logistics provider Red Wolf Global (RWG) has expanded its presence in Vietnam, opening a second office in the country located in Hanoi. The new office will manage RWG’s activities in the northern part of the country.  The company has hired Hoàng Minh Thang as Business Development Executive –… Read more ›

Zeamarine officially insolvent as restructuring continues

The German booking and operation offices Zeamarine Bremen, Zeamarine Germany and Zeamarine Chartering have come under court supervision while the restructuring of the Bremen-based MPV-operator continues, meaning the company is officially insolvent.  In the first official statement since Zeamarine announced its restructuring process on December 18, the Bremen-based shipping states that the reorganization is still… Read more ›

DKT hires ex-Zeamarine managers to operate AAL’s new liner service

Antwerp-based shipping agency De Keyser Thornton Group (DKT) has hired two top ex-Zeamarine managers to strengthen its presence in the Benelux and operate AAL Shipping’s new global liner service, which the company announced last week. DKT is AAL’s exclusive agent in the region and the newly hired managers, Kurt Lyssens and Peter De Boer, both… Read more ›

Antonov moves sales and service in-house

Antonov Airlines will move its sales and service in-house following the break-up with Dreamlifts, which has been acting as the airlines’ global sales and service agent since the end of 2016. Dreamlifts recently announced it will discontinue the cooperation with Antonov per March 1st, 2020 as the companies were unable to reach an agreement when… Read more ›

Aker BP’s quarterly income exceeds billion dollars for the first time

Aker BP has achieved its highest quarterly income yet, exceeding one billion dollars for the first time. Oil production increased by roughly 33% to a new record following the start-up of the Johan Sverdrup field. Fourth-quarter 2019 marked the end of a year of strong progress and value creation for Aker BP, the company states…. Read more ›

‘Big Carl’ lifts first loads at Hinkley Point C

PRESS RELEASE – Big Carl, the world’s largest crane capable of lifting 5,000 tonnes, has completed its first major lift at the Hinkley Point C nuclear power station in the UK. In total, the Sarens SGC-250 crane will carry out 700 lifts for the new plant with the loads varying in weight between 10 and… Read more ›

Coronavirus likely to hit multipurpose shipping hard too

Amidst the chaos and uncertainty, analysts find it difficult to estimate the exact impact of the coronavirus on the multipurpose and heavy-lift shipping industry but certain is that key markets and competing sectors are heavily affected. Oil demand growth is estimated to fall by 25% while the Baltic Dry Index has reached its second-lowest dip… Read more ›

Dreamlifts ends GSA role for Antonov

Dreamlifts will no longer be acting as a worldwide General Sales and Service Agent for Antonov Airlines as from 1st March 2020, a role the company has fulfilled since 2016. While renewing the contract, the companies were unable to reach “an acceptable agreement”, managing director Graham Witton of Dreamlifts says.  Dreamlifts became the global agent… Read more ›