Latest news from Heavy Lift & Project Forwarding International Magazine

European transport infrastructure gets cash injection

June 21 - The European Commission has unveiled a list of 195 transport projects that will receive EUR6.7 billion (USD7.5 billion) of funding under the Connecting Europe Facility (CEF).

This investment is expected to unlock additional public and private co-financing for a combined amount of EUR9.6 billion (USD10.8 billion).

Commission vice president Jyrki Katainen said that the funding would lead to more jobs and generate economic growth in Europe.

Katainen invited all potential project promoters to explore investment possibilities under the Investment Plan for Europe, and in particular the newly launched European Investment Project Portal (EIPP).

EU commissioner for transport, Violeta Bulc, said that the projects could create up to 100,000 jobs by 2030; she was encouraged by funding being received by the western Balkan region, which should bring its transport infrastructure more in line with the rest of Europe.

The projects are primarily located on the core trans-European transport network (TEN-T) and include the rehabilitation of the Brasov Sighisoara rail section in Romania; the Aveiro Vilar Formoso rail connection in Portugal; the development of a standard-gauge railway line in the Rail Baltic corridor; the implementation of the SESAR deployment programme; and the modernisation of the E30 railway line in Poland.

www.ec.europa.eu

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: 260
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: 223
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: 196

Heavy Lift Across The World

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