Latest news from Heavy Lift & Project Forwarding International Magazine

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

Collett delivers footbridge thumbnail image

Collett delivers footbridge

July 19 - Collett & Sons has delivered six over-dimensional bridge components to Worcester in the UK.
Views: 391
ITI and FHS to open Florida training centre thumbnail image

ITI and FHS to open Florida training centre

July 19 - Florida Handling Systems (FHS), a Mazzella Company, and Industrial Training International (ITI) have confirmed that they will develop a training centre in Bartow, Florida.
Views: 496

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