Latest news from Heavy Lift & Project Forwarding International Magazine

Solid earth for PD Ports?

July 7 - Speculation continues about the future ownership of PD Ports with reports in the financial media suggesting that Terra Firma, a leading British buyout firm, is preparing a bid for the subsidiary of Babcock & Brown Infrastructure.

According to the UK's Sunday Times newspaper, others looking at an investment in PD Ports include Carlyle, CVC Capital, HgCapital and Star Capital.

PD Ports has been on the market for several months, and previously, BBI had said that it expects to have binding bids for all or part of the company by the early autumn and that it was discussing proposals with interested parties. PD ports operates Teesport, the U.K.'s second-largest port by tonnage, and has numerous facilities involved in handling overdimensional and heavy project cargoes.

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: 212
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: 354
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: 365

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