Latest news from Heavy Lift & Project Forwarding International Magazine

Heavy Lift Across the World

MOL increases PKT stake

Mitsui O.S.K Lines (MOL) has completed the acquisition of 14.27 percent of the shares in Malaysia’s PKT Logistics Group.

MOL acquired 20.86 percent of the shares in March 2017, as HLPFI reported here. Following the acquisition, MOL’s stake now stands at 35.13 percent. 

PKT provides end-to-end logistics solutions, including: freight forwarding, Customs brokerage, contract logistics, haulage, distribution, as well as project cargo capabilities servicing the renewables sector. 

The logistics company also operates 55,000 sq m of warehouse space at its One Logistics Hub in Shah Alam, Selangor. 

The acquisition of PKT shares will strengthen MOL’s foothold in Malaysia and the wider region, where sustained growth is expected, according to the carrier.

www.pktgroup.com

www.mol.co.jp

Heavy Lift | News

JH Parabia adds Tiiger girder bridge thumbnail image

JH Parabia adds Tiiger girder bridge

February 15 - India’s JH Parabia has acquired a Tiiger-STB-550 girder bridge from TII India, a subsidiary of Germany's TII Group.
Views: 373
ALE demonstrates wind energy expertise thumbnail image

ALE demonstrates wind energy expertise

February 14 - ALE has transported wind energy components across a challenging 1,000 km route to the Rom Klao wind farm in Mukdahan, eastern Thailand. 
Views: 537
UHL in huge Vestas shipment thumbnail image

UHL in huge Vestas shipment

February 12 - United Heavy Lift (UHL) is delivering a huge 142,000 cu m shipment of wind turbine blades from China to Spain aboard the deck carrier Zhi Xian Zhi Xing.
Views: 985

Heavy Lift Across The World

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