Latest news from Heavy Lift & Project Forwarding International Magazine

EU approves CSAV and Hapag-Lloyd merger

September 15 - The European Commission's antitrust regulator has approved the proposed merger of Compa

The merger will create the fourth largest container liner shipping company worldwide, after Maersk, MSC and CMA CGM, said a European Commission statement.

Clearance of the venture is dependent on CSAV withdrawing from two consortia on trades between Northern Europe, the Caribbean and the South American west coast.

HLPFI reported on April 17 that the two lines would merge their activities; the resultant organisation will operate around 200 vessels and have a combined turnover of EUR9 billion (USD11.63 billion).

www.hapag-lloyd.com

www.csav.com

Heavy Lift | News

Peel Ports prepares for Brexit thumbnail image

Peel Ports prepares for Brexit

August 23 - The UK’s Peel Ports Group has been accredited as an authorised economic operator (AEO) at all of its principal ports.
Views: 22
Changing offshore landscape drives down Boskalis results thumbnail image

Changing offshore landscape drives down Boskalis results

August 22 - In announcing its half-year results, Royal Boskalis Westminster cited “operational and contractual issues on a limited number of offshore projects” as a key reason behind the drop in its six-month core earnings.
Views: 157
PPG counts down to 12th annual conference thumbnail image

PPG counts down to 12th annual conference

August 22 - The Project Professionals Group (PPG) is preparing for its 12th annual conference, which will take place in Ho Chi Minh City, Vietnam, from September 25-27, 2019.
Views: 238

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