Latest news from Heavy Lift & Project Forwarding International Magazine

South Africa on track for domestic railway loco manufacture

June 1 - A move to manufacture railway locomotives in South Africa could bring some business for the country's project cargo forwarders.

The first in a series of 100 new class 43 General Electric diesel-electric locomotives for Transnet Freight Rail has been delivered. The first 10 of this class were built in the United States and imported into South Africa, with the balance of 90 being built locally under licence.

Transnet is the company behind South Africa's national transport businesses, including ports, PetronetMetrorail,Transtel, and South African Airways. Over the next seven years, Transnet will acquire 1,317 locomotives and manufacture 25,000 wagons in South Africa, to be used to ship cars and minerals, said Siyabonga Gama, chief executive of Transnet Freight Rail.

At the start of this year, Transnet Port Terminals (TPT) signed a ground-breaking contract with Liebherr Werk Nenzing for the purchase of six mobile harbour cranes. The cranes are part of TPT's Durban RoRo and Maydon Wharf Terminal's USD50.7 million investment in container-handling capacity. The agreement covers design, fabrication, delivery, erection, testing and commissioning of the cranes.

www.transnet.net

Heavy Lift | News

Zeaborn to take full control of Zeamarine thumbnail image

Zeaborn to take full control of Zeamarine

April 18 - The Zeaborn Group has signed an agreement to acquire the remaining shares in Zeamarine – the joint venture with Intermarine that was established in May 2018.
Views: 293
Panalpina improves profitability thumbnail image

Panalpina improves profitability

April 18 - In the first three months of 2019, Panalpina boosted its profitability by 15 percent compared to the same period of last year.
Views: 264
Wallem sets out strategy change thumbnail image

Wallem sets out strategy change

April 18 - Wallem has rebranded its corporate identity to reflect the company’s updated strategy and service offering. 
Views: 220

Heavy Lift Across The World

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