Latest news from Heavy Lift & Project Forwarding International Magazine

Hapag-Lloyd and UASC move merger date

March 17 - Hapag-Lloyd and UASC have mutually agreed to shift the date of their Business Combination Agreement (BCA) until May 31, 2017 having originally envisaged the transaction would close by March 31, 2017.

The two lines stated that all merger clearances and authority approvals as well as all necessary banking approvals from Hapag-Lloyd's side and substantially all banking approvals from UASC's side have been obtained and the merger parties are arranging the final documentation for a closing of the business combination.

An official statement indicated that the final preparations for the closing are taking more time than expected, but stressed that the transaction itself is not at any risk.

Furthermore, it also stressed that start of THE Alliance is not affected and will start its operation as of April 1, 2017 including all vessels as planned.

Heavy Lift | News

BigMove goes digital for licenses thumbnail image

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: 11
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: 498
LDA installs kite system  thumbnail image

LDA installs kite system 

July 16 - Louis Dreyfus Armateurs (LDA) has fitted its ro-ro vessel Ville de Bordeaux with an AirSeas kite system, as it looks to develop the use of wind propulsion technologies.
Views: 431
Sarens partners with Moir Crane thumbnail image

Sarens partners with Moir Crane

July 16 - Sarens has teamed up with Canada’s Moir Crane as the two companies look to capitalise on the region’s upcoming construction projects.
Views: 550

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