Latest news from Heavy Lift & Project Forwarding International Magazine

Dockwise gets closer to complete control of Fairstar

July 2 - Dockwise has announced that, through its wholly-owned subsidiary Dockwise White Marlin bv, it now controls 80.4 percent of the outstanding shares of Fairstar Heavy Transport, having bought shares over the weekend from various shareholders includi

The total number of shares which Dockwise agreed to purchase over the weekend is 17,834,122, or 20 percent of Fairstar, increasing its holding from 60.4 to 80.4 percent.

Indofin, through its member company, Rose Land Management Ltd, purchased 8,266,728 new shares in Fairstar Heavy Transport in November 2010. Speaking at the time, Cees de Bruin, Indofin's chairman, commented: "We are very impressed by what Philip Adkins and his team have accomplished at Fairstar, developing the company into the leader in its market segment. With this investment, we underline Fairstar's strategy of continued quality leadership and fleet expansion."

The price paid for the shares was not revealed.

www.dockwise.com

www.fairstar.com

Heavy Lift | News

Zeaborn to take full control of Zeamarine thumbnail image

Zeaborn to take full control of Zeamarine

April 18 - The Zeaborn Group has signed an agreement to acquire the remaining shares in Zeamarine – the joint venture with Intermarine that was established in May 2018.
Views: 165
Panalpina improves profitability thumbnail image

Panalpina improves profitability

April 18 - In the first three months of 2019, Panalpina boosted its profitability by 15 percent compared to the same period of last year.
Views: 90
Wallem sets out strategy change thumbnail image

Wallem sets out strategy change

April 18 - Wallem has rebranded its corporate identity to reflect the company’s updated strategy and service offering. 
Views: 104

Heavy Lift Across The World

Discover heavy lift and project logistics industry news from around the world by region.