Latest news from Heavy Lift & Project Forwarding International Magazine

Rickmers considers ship management merger

April 18 - Rickmers Holding and E.R. Capital Holding are reviewing a potential merger of their respective ship management units - Rickmers Maritime Services and E.R. Schiffahrt.

Both companies have signed a declaration of intent to merge the two business units into a global joint venture, which would manage around 220 ships.

According to Rickmers, the aim of the merger is to pool strengths in a highly competitive market to promote expansion of the ship management business and increase the new company's capabilities.

The parties claim that the potential merger will not have any impact on the terms of the corporate bond issued by Rickmers Holding and listed on the Frankfurt Stock Exchange.

Rickmers also believes that the merger will not require modifications to be made to its forecast for the 2016 financial year.

The review process will take several weeks, said Rickmers.

www.rickmers.com

www.er-capital.com

www.er-ship.com

Heavy Lift | News

ESTA joins EC best practise project thumbnail image

ESTA joins EC best practise 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 practise in the wind power sector”.
Views: 245
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: 291
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.
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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.
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