Latest news from Heavy Lift & Project Forwarding International Magazine

Logistec expands with Gulf Stream Marine

Canada-based Logistec has expanded its network of terminals with the acquisition of Gulf Stream Marine, a cargo handling and stevedoring specialist in the US Gulf Coast region.

Logistec says the acquisition will enable it to establish a stronghold in the US Gulf, while representing a major expansion of its network of terminals in the USA.

With Gulf Stream Marine's ten terminals in five ports, Logistec's cargo handling activities now cover 58 terminals in 35 ports in North America.

Logistec acquired 100 percent of the shares of Gulf Stream Marine for USD65.7 million, subject to adjustments.

 

www.logistec.com

www.gulfstreammarine.com

Heavy Lift | News

Record unit at Bilbao thumbnail image

Record unit at Bilbao

February 15 - The port of Bilbao, Spain, has loaded its heaviest-ever cargo: a 2,450-ton (2,223-tonne) ship-to-shore (STS) crane.
Views: 612
Blue Water appointed at Anaklia thumbnail image

Blue Water appointed at Anaklia

February 12 - Anaklia Development Consortium (ADC) is investing USD2.5 billion to develop a deepsea port at Anaklia, Georgia.
Views: 747
FMT extends Indiana-Burns agreement thumbnail image

FMT extends Indiana-Burns agreement

February 11 - The port of Indiana-Burns Harbor, located in the USA, has extended its partnership with stevedore and marine terminal operating company, Federal Marine Terminals (FMT), until at least 2023.
Views: 618
Tacoma names commission officers thumbnail image

Tacoma names commission officers

February 8 - Clare Petrich has been appointed commission president at the port of Tacoma in Washington, USA, succeeding Don Meyer.
Views: 1143

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