Latest news from Heavy Lift & Project Forwarding International Magazine

Toll takes on Perkins

June 16 - The Toll Group has reached agreement for the purchase of 1000f the shares in Perkins Group Holdings Pty Limited, the parent of the Perkins Shipping Group. The conditions for the transaction include competition clearance.

The Perkins Group, which provides shipping, integrated freight services, land haul services and general freight services, will be joining a leading company which generated revenue in excess of AUD5.6 billion for the year ending June 2008 and employs 30,000 people in more than 50 countries around the world.

Services offered by Perkins Shipping include international shipping between Darwin and Singapore via Timor Leste and coastal shipping throughout northern Australia, as well as project forwarding operations.

"The increasing importance of south-east Asian trade to northern Australia reinforces the future prospects for organic growth of the Perkins' international shipping services linking Australia and Asia. The Toll Group's internationally integrated service offering is already benefiting our Asian and Australian customers. With its potential for future regional growth we are confident our customers will find Perkins Shipping a valuable addition to the Toll Group," said Paul Little, managing director of the Toll Group.

"Toll's strong balance sheet and the group's exceptional existing businesses continue to provide the funding capacity and platform to acquire quality assets like Perkins Shipping despite current difficult economic times," Mr Little said.

Heavy Lift | News

ESTA joins EC best practice project thumbnail image

ESTA joins EC best practice 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 practice in the wind power sector”.
Views: 398
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: 372
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.
Views: 425
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.
Views: 609

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