Latest news from Heavy Lift & Project Forwarding International Magazine

Keppel Singmarine loses offshore rig contract

May 4 - Keppel Corp, parent company of Keppel Singmarine, has received notice to terminate work on a USD122 million multipurpose offshore drilling vessel from the contracting oil group GSP Titan Ltd.

According to a statement made by Keppel, the cancellation was "due to the owner's difficulties in securing project financing as a result of the current tight credit situation." 

Contracted in late July 2008, the shipbuilding project was in its early stages and HLPFI understands that Keppel Singmarine has received payment covering costs incurred as well as the expected loss of profit.

Heavy Lift | News

Crosby delivers training courses thumbnail image

Crosby delivers training courses

April 19 - The Crosby Group has conducted two rigging training courses in the USA on behalf of its distribution partner, B.C. Wire Rope & Rigging.
Views: 185
Egbert joins at Weserport thumbnail image

Egbert joins at Weserport

April 19 - Rudolf Egbert has been appointed to the management of Bremen-based terminal operator Weserport.
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Ritchie realigns in North America thumbnail image

Ritchie realigns in North America

April 19 - Ritchie Bros has made two senior appointments, effective July 1, 2019, as the company aims to realign its organisation in North America.
Views: 214

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