Latest news from Heavy Lift & Project Forwarding International Magazine

ABP in ownership shuffle

July 13 - GS Infrastructure Partners (GSIP) and Infracapital have sold their combined 33.3 percent stake in Associated British Ports (ABP) to Anchorage Ports - a consortium comprising Canada Pension Plan Investment Board (CPPIB) and Hermes Infrastructure.

The Kuwait Investment Authority (KIA) has also acquired 10 percent of the group's shares.

As a result of the change in shareholdings, representatives from Anchorage and KIA have replaced previous ABP directors and alternate directors from GSIP and Infracapital.

The ABP group is now owned 33.3 percent by Borealis, 33.3 percent by Anchorage Ports, 23.3 percent by Cheyne Walk Investment and 10 percent by the KIA.

Heavy Lift | News

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Cargolux calls at Incheon

July 17 - Cargolux Italia has launched a Boeing 747 service between Milan Malpensa Airport, Italy and Incheon, South Korea.
Views: 220
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BigMove goes digital for licenses

July 17 - BigMove – a European alliance of 13 medium-sized logistics companies – is introducing digital driving licenses for its network of 1,000 drivers.
Views: 251
ESTA joins EC best practice project thumbnail image

ESTA joins EC best practice project

July 16 - The European association of abnormal road transport and mobile cranes (ESTA) has been asked to support a European Commission study to “explore health, safety and environment (HSE) best practice in the wind power sector”.
Views: 647

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