Latest news from Heavy Lift & Project Forwarding International Magazine

Cosco gets the green light for OOCL acquisition

Cosco Shipping’s acquisition of Orient Overseas Container Lines (OOCL) has received approval from Chinese anti-trust authorities.

Cosco announced its intention to buy OOCL's parent company, Orient Overseas International Ltd (OOIL), for HKD49 billion (USD6.3 billion) last year, as HLPFI reported here.

The latest consolidation in the global maritime industry will see the two members of the Ocean Alliance combine their activities and operate more than 400 vessels, with a capacity exceeding 2.9 million teu.

www.ooilgroup.com

en.chinacosco.com

www.oocl.com

Heavy Lift | News

STS crane loaded at Bilbao thumbnail image

STS crane loaded at Bilbao

January 16 - Grupo Altius has coordinated the loading of a fully erected ship-to-shore (STS) crane at the port of Bilbao, Spain in cooperation with Marítima Davila and Toro y Betolaza.
Views: 373
Meriaura appoints two thumbnail image

Meriaura appoints two

January 16 - Meriaura Group has appointed Bengt-Erik Rosin as managing director and Ville Koskinen as managing director of VG-Shipping, its ship management subsidiary.
Views: 365
Drewry remains neutral on multipurpose prospects thumbnail image

Drewry remains neutral on multipurpose prospects

January 15 - For those involved in the supply of multipurpose shipping services, there was little to get excited about in a webinar, hosted by maritime consultancy, Drewry, earlier today.
Views: 629
Crowley adds service capacity thumbnail image

Crowley adds service capacity

January 15 - Crowley Logistics has increased the cargo capacity of its services between northeastern USA, Puerto Rico, the Dominican Republic and the islands of the Caribbean Basin.
Views: 519

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