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

Fesco and RZD team up to link Europe and Asia thumbnail image

Fesco and RZD team up to link Europe and Asia

May 24 - Fesco Transportation Group and Russian Railways Logistics (RZD Logistics) are launching a Trans-Siberian multimodal service to expedite the delivery of goods from Japan to Europe via Russia.
Views: 335
POSH to launch maritime training centre in Taiwan thumbnail image

POSH to launch maritime training centre in Taiwan

May 24 - POSH Kerry Renewables – a joint venture of PACC Offshore Services Holding (POSH) and Kerry TJ Logistics – has signed a memorandum of understanding (MoU) to develop Taiwan’s first specialised maritime training centre. 
Views: 275
PPG restructures training course thumbnail image

PPG restructures training course

May 24 - The Project Professionals Group (PPG) has restructured its project cargo forwarding training course into a one-day format.
Views: 296

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