Latest news from Heavy Lift & Project Forwarding International Magazine

Dockwise reminds investors of mandatory offer deadline

June 12 - In the latest installment of the proposed Dockwise takeover of rival Fairstar Heavy Transport, the former has issued an alert remindng shareholders that the period for the former's Dockwise White Marlin unconditional mandatory offer for all the

The Dockwise statement advises that: "in order for a shareholder in Fairstar to validly accept the mandatory offer, a duly completed and signed acceptance form must be received by the receiving agent prior to 17:30 (CET) today."

In a statement last week, Philip J. Adkins, the chairman of Fairstar's Board and chief executive officer of the company revealed that he holds 220,000 shares in Fairstar, whilst director Willem Out holds 140,000 shares, adding that neither gentlemen will accept the mandatory offer as far as their own shares are concerned.

www.dockwise.com

www.fairstar.com

Heavy Lift | News

Zeamarine restructuring continues  thumbnail image

Zeamarine restructuring continues 

February 17 - Zeamarine has confirmed that its German booking and operating divisions – Zeamarine Bremen, Zeamarine Germany and Zeamarine Chartering – will operate under court supervision, in accordance with creditor protection conditions.
Views: 663
Ambercor completes yankee move thumbnail image

Ambercor completes yankee move

February 17 - Canada-headquartered Ambercor Shipping has coordinated the delivery of a yankee dryer and two through-air dryer (TAD) rolls in Quebec.
Views: 276
Duluth awarded infrastructure grant thumbnail image

Duluth awarded infrastructure grant

February 17 - The US Department of Transportation’s Maritime Administration has allocated a USD10.5 million grant to the Duluth Seaway Port Authority. 
Views: 273
Wm. O'Brien opens in the USA thumbnail image

Wm. O'Brien opens in the USA

February 17 - Ireland’s Wm. O'Brien is opening its first office in the USA, in Princeton, New Jersey.
Views: 306

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