Latest news from Heavy Lift & Project Forwarding International Magazine

Peel Ports secures refinancing deal

December 14 - UK port group, Peel Ports has successfully completed a GBP1.6 billion refinancing deal in order to fund its future growth plans.

Funding for the expansion project has been secured from a variety of banks and private investors - including GDP150 million from the European Investment Bank.

"We have refinanced our existing facilities, and created a diversified and flexible funding platform to support our growth strategy," explained Graeme Charnock, chief financial officer, Peel Ports Group.

The Port's development plans for 2013 include a GBP300 million investment in the construction of the deep-water container terminal, Liverpool2.

The new in-river terminal, due for completion in 2015, will see some of the world's largest container vessels able to call at the port.

www.peelports.co.uk

Heavy Lift | News

TRACE launches e-Gov portal thumbnail image

TRACE launches e-Gov portal

February 15 - Anti-bribery trade association TRACE International has launched its e-Gov Portal.
Views: 209
Bolloré and Cosco strengthen ties thumbnail image

Bolloré and Cosco strengthen ties

February 15 - Bolloré Transport & Logistics and Cosco Shipping Lines have signed a memorandum of understanding (MoU) to strengthen their commercial relationships, while exploring new opportunities for cooperation in transport, logistics and port infrastructure.
Views: 348
DSV ups Panalpina bid as Agility enters the fray thumbnail image

DSV ups Panalpina bid as Agility enters the fray

February 15 - Panalpina’s board of directors confirmed that it has received a revised, non-binding proposal from DSV to acquire the company at a price of CHF180 (USD178.9) per share, all in cash.
Views: 359

Heavy Lift Across The World

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