Latest news from Heavy Lift & Project Forwarding International Magazine

Heavy Lift Across the World

Babcock & Brown Infrastructure seeks to reassure users

March -16- Babcock & Brown Infrastructure (BBI), the ports and terminals owner, which has around 20 bulk, breakbulk and project cargo terminals in various ports across Europe, has sought to reassure its users that it is operating normally despite the appo

The company, which recently appointed Royal Bank of Scotland to sell all or part of the UK's third-largest ports operator, PD Ports, indicated that the process would not have any direct effect on its asset sales process, businesses or its operations.

A company spokesman has indicated that BBI's businesses continue to operate as usual, and its essential services infrastructure assets are performing well.

It is understood that BBI does not have any loan or other financing arrangements with B&B or other companies in the group, and that BBI has separate ownership, boards, management and legal structures.

B&B called in administrators after New Zealand shareholders voted down a AUSD3.2Bn (USD2.07Bn) debt restructuring plan.

Heavy Lift | News

Bravo for Pioneering Spirit thumbnail image

Bravo for Pioneering Spirit

June 19 - Allseas’ installation and decommissioning vessel Pioneering Spirit has removed the 25,000-tonne Brent Bravo topsides from the North Sea.
Views: 269
Brett joins port of Tyne thumbnail image

Brett joins port of Tyne

June 18 - Simon Brett has joined the UK’s port of Tyne as commercial director of port services.
Views: 434
Apollo completes refit at DSDu thumbnail image

Apollo completes refit at DSDu

June 18 - DEME Offshore’s latest heavy lift jack-up vessel Apollo has completed a one-month conversion project at Damen Shiprepair Dunkerque (DSDu).
Views: 341
Cargolux adds Santiago call thumbnail image

Cargolux adds Santiago call

June 18 - B747 operator Cargolux Airlines has re-introduced Santiago de Chile as a call on its South American service.
Views: 375

Heavy Lift Across The World

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