Latest news from Heavy Lift & Project Forwarding International Magazine

Dockwise Yacht Transport sold

October 18 - Royal Boskalis Westminster (Boskalis) has sold Dockwise Yacht Transport (DYT) to Amsterdam-based Sevenstar Yacht Transport, which is part of the Spliethoff Group.

With the acquisition of Dockwise in March 2013, Boskalis also acquired the activities of Dockwise Yacht Transport (DYT), but says that the latter's activities have no strategic value and do not fit with the group's existing core business.

Boskalis reports that the sale of the DYT activities, which includes two dedicated semi-submersible yacht transport vessels (Super Servant 4 and Yacht Express) was for USD40 million, adding that this divestment will not have a material impact on Boskalis earnings.

Readers may recall that in November 2011, the then independent Dockwise announced it had signed a letter of intent to sell DYT to Coby Enterprises Corp, supported by private equity and with participation of the existing management of DYT, but that deal never came to fruition.

Heavy Lift | News

Charter rates remain steady  thumbnail image

Charter rates remain steady 

February 18 - Time charter rates in the multipurpose shipping sector have remained steady over the last month, according to shipbroker Toepfer Transport. 
Views: 316
Canaveral secures funding for multipurpose berth thumbnail image

Canaveral secures funding for multipurpose berth

February 18 - Canaveral Port Authority has been awarded a USD14.1 million grant from the US Department of Transportation (DOT) Port Infrastructure Development Program to modernise and expand North Cargo Berth 3 (NCB3).
Views: 578
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: 1582

Heavy Lift Across The World

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