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Aberdeen Bay Buzzing with Offshore Wind Activity

Wind turbine number three and foundation number five are being installed on the European Offshore Wind Deployment Centre (EOWDC) in the Aberdeen Bay, with the northern cable installation also ongoing, Vattenfall, the owner and developer of the wind farm said. The 11-turbine project is the first to feature MHI Vestas 8.8MW

Development In Project Logistics Finance

Most non-banking organisations who are trusted with customer funds often use escrow accounts in order to manage those funds. In recent months some Banks have developed alternatives based on block chain technology and with great results. So, what does this mean for the project logistics industry? With these new type of

Multipurpose rates continue to increase

On Monday 16 April, a fire broke out in the engine room on board DFDS’ ro-ro freight ship Finlandia Seaways, which connects Rosyth in Scotland and Zeebrugge in Belgium. An injured crew member was airlifted to hospital, where he is being treated for injuries caused by smoke inhalation. The ship was towed

Breakbulk Middle East Moves to Dubai for 2019

Breakbulk Middle East, the region’s leading event for project cargo specialists, will take place at the Dubai World Trade Center, 11-12 February, 2019, following its first three years of success in Abu Dhabi. The move comes based on feedback from exhibitors at the event held earlier this year, where attendance grew

Volga-Dnepr to withdraw from An-124 freighter uplift contract for NATO

Russia-based freighter aircraft group Volga-Dnepr has served notice that it is to quit the Strategic Airlift Interim Solution (SALIS) contract which provides airlift for European Union (EU) and North Atlantic Treaty Organisation (NATO) countries. Two Antonov 124-100 aircraft, one each from Moscow-based Volga-Dnepr and Antonov SALIS, a subsidiary of Ukraines' Antonov Group,

Saudia Cargo appoints new CEO

Saudia Cargo has appointed Omar Hariri as its new chief executive officer (ceo). Saudia Cargo said that Hariri has extensive experience having held senior positions in the fields of transportation, supply and logistics. He has been tasked with coordinating the airline's transformation 2020 programme that encompasses: the development of services; improving performance; and

Volga-Dnepr launch new German freighter airline

Volga-Dnepr Group’s plan to launch a new freighter airline in Germany is nearing fruition, following the recruitment of air cargo expert Ulrich Ogiermann to consult and help launch the carrier. It is thought that the Russian group is planning an offshoot of CargoLogicAir in Leipzig. However, according to German aviation website Barig, Volga-Dnepr

Breakbulk Europe 2019 to Return to Bremen

Breakbulk Europe, the largest exhibition for the project cargo and breakbulk industry will return to Bremen, Germany, for its 2019 edition, 21-23 May at Messe Bremen and will include additional exhibition space. “We are delighted the organizers of Breakbulk Europe have decided to return to Bremen in 2019—well ahead of this

Subsea 7 Finalizes Siem Offshore Contractors Acquisition

Subsea 7 has completed the acquisition of Siem Offshore Contractors (SOC) and cable lay vessel Siem Aimery and support vessel Siem Moxie. Following the completion, SOC’s results will be reported within Subsea 7’s Renewables and Heavy Lifting business unit. Subsea 7 and Siem Offshore Group signed an agreement for the acquisition of the entire

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