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Heavy Lift Freight Vessel Sets Speed Record

SAL Heavy Lift, which began life in Hamburg as Schiffahrtskontor Altes Land GmbH in 1980 before becoming a subsidiary of the K Line group in 2011, recently entered the record books, not for the scale of the project undertaken, but for a change for the speed of a freight operation.

Mammoet transports Africa’s largest LPG bullets

Carefully planned bullet transport route to Sunrise Energy’s Saldanha LPG terminal maximizes efficiency and minimizes time to market Mammoet has successfully transported and installed five LPG pressure vessels (bullets), the largest of their kind in Africa and the Southern Hemisphere. Weighing 584 metric tons each, they were transported 2.7 kilometers from

Port of Salalah rises by 70 per cent

Business at the Port of Salalah grew 70 per cent, according to statistics from the Ministry of Transport and Communications, as the port moved closer to reaching their development target for 2020. The port received 1,362 ships from January to May 2016, compared to 801 during the same period last year. Further,

USD 16.4 trillion needed for grid upgrades worldwide

Good news for the Heavy Lift & Project industry as the U.S. Senator Maria Cantwell has asked the National Academy of Sciences to assist Congress as it considers federal funding for grid modernization. Worldwide the grid needs about USD 16.4 trillion in upgrades over the next 20 years, she said, with


July 22, 2016– Project Freight Net B.V. is proud to announce the addition of Rickmers Linie GmbH as a new member-plus (member+) to its Project Freight Forwarders network. Member+’s are companies that offer expertise and know-how to the network as if it were an in-house service and thereby shortening the

Oil price to average $52 in 2017

Brent price to average $44 in 2016 Brent crude oil prices are forecast to average $44/b in 2016 and $52/b in 2017, according to the U.S. Energy Information Administration’s (EIA) Short-Term Energy Outlook (STEO) published on July 12. West Texas Intermediate (WTI) crude oil prices are forecast to be the same

Port of Rotterdam throughput decreased by 3.0%

Compared to the exceptionally good first halfof 2015 (when throughput increased by 6.8%), Rotterdam handled 3.0% less cargo in the first six months of 2016. The most pronounced decrease could be observed in the dry bulk segment (-9.9%). Although the port handled a slightly lower volume of liquid bulk (-1.1%),

Hapag-Lloyd seals UASC merger deal

German container line Hapag-Lloyd warned investors that profit would fall in 2016 and signed a binding agreement with Arab peer UASC to form the world's fifth largest shipping company in response to a global industry crisis. Container shipping, which transports everything from iPhones to designer dresses, is suffering its worst downturn