Latest news from Heavy Lift & Project Forwarding International Magazine

Dockwise to commence debt buyback programme

June 8 - Dockwise intends to utilise up to USD50 million to buy back a portion of its syndicated debt in a reverse Dutch auction to be conducted by the Royal Bank of Scotland.

Dockwise is inviting holders of the USD816.5 million floating rate first lien debt to submit offers to sell all or part of their debt at a discount, for cash, to Dockwise.

The invitation will be open until 14.00 CET on 15 June 2009, unless extended or terminated and is expected to settle on 29 June 2009. 

Full terms and conditions of the invitation, including certain jurisdictional restrictions, will be provided to the lenders.

Heavy Lift | News

GPLN delegates convene in Bremen thumbnail image

GPLN delegates convene in Bremen

May 23 - More than 180 delegates of the Global Project Logistics Network (GPLN) convened at the Dorint Park Hotel in Bremen earlier this week for the group’s 16th annual meeting.
Views: 110
Big Carl arrives at Bristol Port thumbnail image

Big Carl arrives at Bristol Port

May 23 - Sarens’ SGC 250 crane is presently in storage at Bristol Port, UK ahead of its delivery to the Hinkley Point C nuclear power plant.
Views: 135
CakeBoxx enters coil market thumbnail image

CakeBoxx enters coil market

May 22 - CakeBoxx Technologies has launched the 20 ft CoilBoxx container, specifically designed for the transportation of steel and aluminium coils.
Views: 333
Mammoet in Meyer takeover thumbnail image

Mammoet in Meyer takeover

May 22 - Mammoet has agreed to acquire heavy lifting, installation and assembly specialist Meyer Anlagenbau.
Views: 613

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