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

USA ends steel and aluminium tariffs on Canada and Mexico thumbnail image

USA ends steel and aluminium tariffs on Canada and Mexico

May 24 - The USA is removing steel and aluminium tariffs imposed on Canada and Mexico under Section 232 of the Trade Expansion Act of 1962, with all retaliatory tariffs on US goods and any pending litigation also coming to an end.
Views: 449
Maxim names duo for Pacific Northwest thumbnail image

Maxim names duo for Pacific Northwest

May 24 - Maxim Crane Works has appointed Travis Wilt and Alex Clark to lead the expansion of its services in the Pacific Northwest region of North America. 
Views: 454
PPG restructures training course thumbnail image

PPG restructures training course

May 24 - The Project Professionals Group (PPG) has restructured its project cargo forwarding training course into a one-day format.
Views: 407

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