Latest news from Heavy Lift & Project Forwarding International Magazine

NCSG gets new investor

July 2 - NCSG Crane & Heavy Haul Corporation has signed an agreement that will allow Northwest Capital Appreciation (NCA) and TriWest Capital Partners (TriWest) to purchase a majority interest in the company.

Financial terms of the transaction were not disclosed, and the transaction is subject to certain regulatory approvals before it is expected to close at the end of 2014.

Ted Redmond, president and ceo of NCSG, stated that the company's believes the TriWest-led investor group will be a great partner for NCSG and provide additional capital for it to continue to grow its business and provide better service to its customers.

"TriWest has a long history of working with energy and industrial services businesses helping them to expand their geographic coverage and offer additional services," added Redmond. "This investment will benefit our customers and partners, and provide additional opportunities for our employees."

www.ncsg.com

www.triwest.ca

www.nwcap.com

Heavy Lift | News

Karl Gross teams up with Natco thumbnail image

Karl Gross teams up with Natco

July 15 - Bremen-headquartered Karl Gross Group and Natco SA have formed an exclusive partnership in South Africa.
Views: 292
Gulf of Guinea still piracy hot spot thumbnail image

Gulf of Guinea still piracy hot spot

July 15 - Of the 75 seafarers taken hostage or kidnapped for ransom worldwide this year so far, 62 were captured in the Gulf of Guinea – off the coasts of Nigeria, Guinea, Togo, Benin and Cameroon – according to the International Maritime Bureau (IMB).
Views: 273
Samskip appoints Laaksonen thumbnail image

Samskip appoints Laaksonen

July 15 - Samskip has appointed Kari-Pekka Laaksonen as its ceo, with effect from August 1, 2019.
Views: 265

Heavy Lift Across The World

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