Latest news from Heavy Lift & Project Forwarding International Magazine

ABP in ownership shuffle

July 13 - GS Infrastructure Partners (GSIP) and Infracapital have sold their combined 33.3 percent stake in Associated British Ports (ABP) to Anchorage Ports - a consortium comprising Canada Pension Plan Investment Board (CPPIB) and Hermes Infrastructure.

The Kuwait Investment Authority (KIA) has also acquired 10 percent of the group's shares.

As a result of the change in shareholdings, representatives from Anchorage and KIA have replaced previous ABP directors and alternate directors from GSIP and Infracapital.

The ABP group is now owned 33.3 percent by Borealis, 33.3 percent by Anchorage Ports, 23.3 percent by Cheyne Walk Investment and 10 percent by the KIA.

Heavy Lift | News

Egbert joins at Weserport thumbnail image

Egbert joins at Weserport

April 19 - Rudolf Egbert has been appointed to the management of Bremen-based terminal operator Weserport.
Views: 130
Tyne moves Bedford lifeboat thumbnail image

Tyne moves Bedford lifeboat

April 18 - After almost two years in covered storage, the historic Bedford lifeboat has been relocated from the port of Tyne to the North East Maritime Trust’s yard in the UK, ahead of a restoration project.
Views: 234
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: 345

Heavy Lift Across The World

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