Antonov not comfortable with Volga-Dnepr’s struggle

Antonov Airlines is certainly not enjoying watching the current struggles of its former partner, Volga-Dnepr, in a market that has been soft for everyone in the oversized cargo industry for a while now. Volga-Dnepr reported last month it was grounding two of its AN-124s. But that will have no real

Is Volga-Dnepr in financial crisis?

Volga-Dnepr Airlines is one of the most unique cargo companies in the world. Arising in the midst of the end of the Soviet Union, the Russian company found a valuable niche to be explored with the giant Antonov An-124 freighters, the special transport. With the availability of the military

PFN Member AllCargo receiving an Award

The PFN Network member, AllCargo from India has been awarded the " Hall of Fame award for Projects & Heavy Lift" and is thereby recognized for its extensive improvement efforts in the Project Freight & Heavylift industry. "We are honored to have received the Hall of Fame award for Projects &

G2 Ocean creating Project cargo growth

Norway's G2 Ocean is currently betting heavily on the project cargo and heavylift segment, in which the shipping company has just added two new offices to the list. According to its management, project cargo and heavylift cargo segment attracts the main part of new customers. At times

PFN Member, Fleet Line Moving Several Projects

UAE based Fleet Line Shipping (FLS), a member of the Project Freight Network (PFN), have been busy in October for handling various project shipments executions. Last week FLS has completed the delivering of 7000 CBM wood pulps to their customer in Abu Dhabi. FLS was also responsible to

Newbuild DP2 B-types for Spliethoff

Spliethoff has recently signed a contract with Mawei Shipyard for the newbuild of two DP2- B-type vessels. The versatile characteristics of Spliethoff’s new B-Type make this vessel unique in the market. This state-of-the-art ship combines the intake of a multi-purpose vessel with a DP2, station-keeping ability of up

Zeamarine appoints new CFO

ZEAMARINE announced hat Chad Call will succeed Michael Dumas as Chief Financial Officer with immediate effect. An experienced financial executive, Chad Call has nearly a decade of financial leadership experience within the maritime industry, most recently serving as Vice President of Finance for ZEAMARINE. Chad will

Fleet Line Shipping Joining PFN Network

The fastest growing Dubai based end-to-end logistics service provider Fleet Line Shipping Services L.L.C (FLS) has joined the Project Freight Network (PFN) organization to represent United Arab Emirates as their exclusive member. Fleet Line has been established some fourteen years ago and is one of the market leaders in U.A.E for

Prysmian Lays Keel

Italian cable specialist Prysmian has announced the start of keel laying work for the cable-laying (CLV) vessel Leonardo da Vinci at Vard’s shipyard in Tulcea, Romania. Ordered in April 2018, the new cable-layer is expected to be operational by the second quarter of 2021. “The acquisition of €700 million Viking