Latest news from Heavy Lift & Project Forwarding International Magazine

Vroon reaches agreement with lenders

Dutch shipping company, Vroon has reached an in principle agreement with all its lenders regarding the terms of its financial restructuring.

The agreement, which is only subject to final documentation and credit committee confirmation, is an important step forward towards the finalisation of Vroon's financial restructuring.

The agreement marks the important step towards the final stage of a process initiated in late 2016 following continued challenges in shipping markets.

With the agreement in place, Coco Vroon has decided to step down as managing director at the end of April 2018, although as a shareholder, he will remain closely involved and aims to continue creating value for the group.
 
Herman Marks, who has worked with the company for many years, latterly in the role of chief financial officer, will become managing director and lead the restructuring process. 

Jan-Piet Baars and Rob Grool will remain in their positions as commercial director and director fleet management, respectively.

Coco Vroon commented: "Shipping markets are improving after a very tough period, although there is still a lot of work to be done. I am certain I am leaving the group in excellent hands."

 

www.vroon.nl

Heavy Lift | News

Crowley realigns activities thumbnail image

Crowley realigns activities

May 17 - Crowley Maritime Corporation has realigned its shipping and solutions business units in a bid to enhance its focus on non-asset based customer solutions.
Views: 394
DEME awarded Hornsea project thumbnail image

DEME awarded Hornsea project

May 17 - DEME Offshore has been awarded a transport and installation contract for Ørsted’s Hornsea Two offshore wind farm, located approximately 89 km off the Yorkshire coast in the UK.
Views: 391
Damen opens in Helsinki thumbnail image

Damen opens in Helsinki

May 16 - Damen has opened an office in Helsinki as it looks to take advantage of Finland’s engineering expertise.
Views: 490
HM Global opts for Arkon thumbnail image

HM Global opts for Arkon

May 16 - Turkey-based HM Global Projects has appointed Arkon Shipping & Projects as its chartering agent. 
Views: 583

Heavy Lift Across The World

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