Latest news from Heavy Lift & Project Forwarding International Magazine

Dockwise gets closer to complete control of Fairstar

July 2 - Dockwise has announced that, through its wholly-owned subsidiary Dockwise White Marlin bv, it now controls 80.4 percent of the outstanding shares of Fairstar Heavy Transport, having bought shares over the weekend from various shareholders includi

The total number of shares which Dockwise agreed to purchase over the weekend is 17,834,122, or 20 percent of Fairstar, increasing its holding from 60.4 to 80.4 percent.

Indofin, through its member company, Rose Land Management Ltd, purchased 8,266,728 new shares in Fairstar Heavy Transport in November 2010. Speaking at the time, Cees de Bruin, Indofin's chairman, commented: "We are very impressed by what Philip Adkins and his team have accomplished at Fairstar, developing the company into the leader in its market segment. With this investment, we underline Fairstar's strategy of continued quality leadership and fleet expansion."

The price paid for the shares was not revealed.

www.dockwise.com

www.fairstar.com

Heavy Lift | News

Drake closes Cometto deal for ANI thumbnail image

Drake closes Cometto deal for ANI

May 20 - The Drake Group, in its capacity as representative of the Cometto brand in Australia, has received an order from Australian Naval Infrastructure (ANI) for 16 self-propelled MSPE modules.
Views: 121
Dsouza joins Virgin Atlantic  thumbnail image

Dsouza joins Virgin Atlantic 

May 20 - Virgin Atlantic Cargo has named Bosco Dsouza as its account manager in Melbourne as the airline looks to continue its expansion in Australia. 
Views: 151
Demag duo for Cosmo thumbnail image

Demag duo for Cosmo

May 20 - Australia’s Cosmo Cranes has added two Demag all-terrain cranes to its fleet.
Views: 141
Marr towers ahead in Sydney Metro project thumbnail image

Marr towers ahead in Sydney Metro project

May 20 - At the end of 2018, Austrlian heavy lifting specialist Marr Contracting utilised two tower cranes to complete a key phase of the Sydney Metro infrastructure project.
Views: 128

Heavy Lift Across The World

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