Latest news from Heavy Lift & Project Forwarding International Magazine

New European canal back on track

November 21 - A multi-billion-euro transport infrastructure project to link the inland waterways network of the Greater Paris region with that of the Benelux countries and beyond, appears to be back on track.

The future of the Seine Nord Europe Canal was called into question last year when potential private investors in the French state-backed project withdrew support.

But at a meeting last month, Siim Kallas, European Commission (EC) vice-president, Transport and EU Transport ministers signed a joint declaration affirming that there was provision for the Community to finance up to 40 percent of the Canal within the framework of the 2014-2020 budget, compared to only just over 6 percent under initial plans.

It follows an announcement by the Commission that the EU's transport infrastructure budget over this period will be more than triple that of the previous seven years (2007-2013).

Commission officials say the project has a high added-value rating being cross-border in scope and offering the sustainable solution of taking freight traffic off the roads and on to barges.

Construction, which focuses on building a 106 kilometre, 54 m wide canal to link the Seine and Scheldt rivers, could get underway in 2015 and take six years or more to complete.

Heavy Lift | News

Drake closes Cometto deal for ANI thumbnail image

Drake closes Cometto deal for ANI

May 20 - The Drake Group, in its capacity as representative of the Cometto brand in Australia, has received an order from Australian Naval Infrastructure (ANI) for 16 self-propelled MSPE modules.
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Dsouza joins Virgin Atlantic  thumbnail image

Dsouza joins Virgin Atlantic 

May 20 - Virgin Atlantic Cargo has named Bosco Dsouza as its account manager in Melbourne as the airline looks to continue its expansion in Australia. 
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Demag duo for Cosmo thumbnail image

Demag duo for Cosmo

May 20 - Australia’s Cosmo Cranes has added two Demag all-terrain cranes to its fleet.
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