UHL names DUO Shipping as exclusive agent for Turkey
United Heavy Lift (UHL) has signed an agreement with DUO Shipping to be the company’s exclusive commercial representative in Turkey. The contract takes immediate effect and will help the German project carrier to expand its...Read more
AAL moves giant “Martian tripods”
PRESS RELEASE – AAL has moved two giant jib cranes from China to Jebel Ali. The company deployed one its largest vessels for the project and still, one of the main modules came within 20...Read more
Chipolbrok said to be in talks for USD 120 million MPV order
Shipping company Chipolbrok is said to be in talks with a Chinese shipyard for the construction of up to four new 62,000 dwt multipurpose vessels with a total value of USD 120 million. (more…)Read more
RHB adds second heavy-lift crane in port of Rotterdam
PRESS RELEASE – Rotterdam stevedore company RHB Stevedoring & Warehousing has bought a second mobile shore crane for loading and unloading of heavy-lift, offshore and project cargo. The company has purchased a Liebherr LHM 550...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...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...Read more
UHL confirms takeover of 11 Zeamarine vessels
United Heavy Lift (UHL) has taken over a total of 11 vessels from financially distressed Zeamarine. The German shipping company will take over nine new eco-friendly heavy-lift vessels and two smaller ships on time charter...Read more
Drewry expects double-digit growth in charter rates for larger ships
The outlook for the multipurpose shipping industry is brightening. Despite the rising geopolitical risk and economic uncertainty, Drewry forecasts that average earnings for breakbulk and heavy-lift shipping companies will rise 6% in 2020 and continue...Read more
Federal Court confirms: Beluga CEO Niels Stolberg to spend 3,5 years in prison
The Federal Court of Justice (BGH) in Germany has confirmed the sentencing of former Beluga Shipping CEO Niels Stolberg (59) to three and a half years in prison, report German newspapers. The Federal Court largely agreed...Read more
MPV-market expected to grow by 2% despite weakened economy
The fragile global economy has weakened the outlook for the multipurpose shipping industry but despite the challenges and uncertainties, the market is still expected to grow by 2% annually until the end of 2021, forecasts...Read more
United O7 follows up with new office in Malaysia
PRESS RELEASE – United Heavy Lift and Ocean7 have expanded their cooperation by opening another office in Kuala Lumpur, Malaysia, similar to the one opened in Norway earlier this year. The new Malaysia office will be...Read more
Dongbang and Cosco form heavy-lift partnership
Dongbang Transport & Logistics and Cosco Shipping Specialized Carriers have formed a heavy-lift partnership to jointly bid on large-scale projects. The agreement will be valid until December 31, 2022. Under the agreement, the companies will work...Read more
Huisman to deliver giant crane for Bokalift 2
PRESS RELEASE – Boskalis has selected Huisman Equipment to build and deliver the 4,000-tonne mast crane for its new crane vessel Bokalift 2. The offshore contractor announced the construction of the new giant vessel last...Read more
Saipem sets new local lift record in Gulf of Mexico
PRESS RELEASE – On October 7, the Saipem 7000, one of the largest crane vessels in the world, set a new local heavy lift record of 11,100-ton for the Gulf of Mexico. The previous local record...Read more
Project carriers want clearer lashing rules from IMO
A group of project carriers want the IMO to develop clearer rules for the loading and lashing of project cargo. Through eight revisions to the Cargo Stowage and Securing (CSS) Code, the shipping companies want...Read more
Kalmar develops new heavy-duty forklift
PRESS RELEASE – Kalmar has developed a new forklift solution for heavy loads of up to 54 tons. The Kalmar DCG380-540 is designed to offer the heavy-lifting power typically needed in the stevedoring and metal...Read more
Japan to invest an additional USD 10 billion in global LNG infrastructure
Japan will invest an extra USD 10 billion on liquefied natural gas projects worldwide to boost the LNG market and reinforce the security of energy supply, the minister of Economy, Trade and Industry (METI) said...Read more
Heerema’s Sleipnir sets new world record lifting 15,300 tonnes
Heerema has set a new world record lifting a module of 15,300 tonnes with its new heavy-lift vessel Sleipnir. Such a load has never been lifted by a crane vessel before. The record was set while...Read more