Latest news from Heavy Lift & Project Forwarding International Magazine

Arcus sells Forth Ports stake

Arcus European Infrastructure Fund is set to sell its shares in Forth Ports, one of the UK’s largest port groups, to the Public Sector Pension Investment Board (PSP Investments).

An aerial view of the port of Tilbury.

Following the transaction, Canada’s PSP, which already has a stake in Forth Ports, will become the majority shareholder.

Forth Ports owns and operates eight commercial ports in the UK, including Tilbury, Grangemouth, Dundee, Rosyth and Leith.

www.forthports.co.uk

Heavy Lift | News

USA ends steel and aluminium tariffs on Canada and Mexico thumbnail image

USA ends steel and aluminium tariffs on Canada and Mexico

May 24 - The USA is removing steel and aluminium tariffs imposed on Canada and Mexico under Section 232 of the Trade Expansion Act of 1962, with all retaliatory tariffs on US goods and any pending litigation also coming to an end.
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Maxim names duo for Pacific Northwest thumbnail image

Maxim names duo for Pacific Northwest

May 24 - Maxim Crane Works has appointed Travis Wilt and Alex Clark to lead the expansion of its services in the Pacific Northwest region of North America. 
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PPG restructures training course thumbnail image

PPG restructures training course

May 24 - The Project Professionals Group (PPG) has restructured its project cargo forwarding training course into a one-day format.
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Crosby acquires Gunnebo Industries thumbnail image

Crosby acquires Gunnebo Industries

May 24 - Lifting, rigging and material handling equipment supplier the Crosby Group has acquired Sweden-headquartered Gunnebo Industries from Nordic private equity firm Segulah.
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