Latest news from Heavy Lift & Project Forwarding International magazine

EU invests in Danube

The European Union (EU) plans to invest EUR59 million (USD67.4 million) in modernising the locks on the Danube-Black Sea and Midia Navodari–Porte canals in Romania.

The canals link the Black Sea port of Constanța with the River Danube in the southeast of the country; they form part of the Trans-European Transport Network, linking the Rhine and the Danube.

The work will make it possible to increase vessel traffic by almost 50 percent, while improving navigation safety and protecting the surrounding areas from flooding, said the EC.

The commissioner for regional policy, Corina Creţu, said: “This project will enable better exploitation of the enormous trade potential of river transport.

“The entire economy of southeast Romania will benefit from this but, in broader terms, so will the economy of the Danube macro-region, which links nine EU member states and five neighbouring countries.”

The works are scheduled for completion in 2021.

europa.eu

Heavy Lift | News

All change, but no change at AP Møller - Mærsk thumbnail image

All change, but no change at AP Møller - Mærsk

September 20 - AP Møller - Mærsk (APMM) will maintain its Damco freight forwarding entity as a separate business under its own brand as part of a reorganisation that will see the Danish giant combine its ocean and supply chain offerings.
Views: 152
New ship for Scotline thumbnail image

New ship for Scotline

September 19 - Multipurpose shipping operator Scotline has seen the launch of its latest newbuilding at the Royal Bodewes Shipyard in Groningen, the Netherlands.
Views: 242
New CEO for Wallem Group thumbnail image

New CEO for Wallem Group

September 19 - Frank Coles is to join Hong Kong-headquartered marine services company Wallem Group as chief executive officer.
Views: 227

Heavy Lift Across The World

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