Latest news from Heavy Lift & Project Forwarding International Magazine

Van Oord eyes MPI acquisition

Van Oord has signed a letter of intent with Vroon Group to acquire MPI Offshore, a specialist offshore wind installation contractor.

The Netherlands-based international marine contractor will take over the UK-based organisation as well as the vessels MPI Adventure and MPI Resolution and the associated contracts.

The transaction is subject to approval of competition authorities and is expected to be closed by the end of September 2018.

“The acquisition is fully in line with our ambitions and investment programme for the coming years,” said ceo Pieter van Oord. “Offshore wind will play an important role in the energy transition.

“By acquiring the MPI Adventure and MPI Resolution and the addition of qualified personnel, our position in the offshore wind industry will be further strengthened.”

www.vanoord.com

www.mpi-offshore.com

www.vroon.nl

 

Heavy Lift | News

CSA 2020 disappointed with EC scrubber proposal thumbnail image

CSA 2020 disappointed with EC scrubber proposal

February 22 - The Clean Shipping Alliance 2020 (CSA 2020) has expressed concerns over the European Commission’s (EC) proposal to the International Maritime Organisation (IMO) regarding the use of exhaust gas cleaning systems.
Views: 372
Setramar sells multipurpose unit thumbnail image

Setramar sells multipurpose unit

February 21 - International law firm Watson Farley & Williams (WFW) has confirmed that it advised Italy's Armamento Setramar, part of the Setramar Group, on the sale of its vessel Pietro Benedetti.
Views: 416
AAL delivers for Stockyard thumbnail image

AAL delivers for Stockyard

February 19 - AAL has transported a 305-tonne Toshiba transformer for Australia’s Stockyard Hill wind farm in Victoria on behalf of Cargo Line International. 
Views: 678
Slowing growth threatens shipping thumbnail image

Slowing growth threatens shipping

February 19 - As the International Monetary Fund (IMF) revises its predictions for global growth in 2019 and 2020 - down to 3.5 percent and 3.6 percent respectively - BIMCO says the risks are piling up for the shipping industry.
Views: 806

Heavy Lift Across The World

Discover heavy lift and project logistics industry news from around the world by region.