Latest news from Heavy Lift & Project Forwarding International Magazine

Evergreen Helicopters fly with Erickson

May 3 - Oregon, USA based Erickson Air-Crane Incorporated has closed its acquisition of Evergreen Helicopters (EHI) from Evergreen International Aviation.

On March 20, 2013 HLPFI reported that Erickson Air-Crane - operator and manufacturer of the Erickson S-64 heavy lift helicopter - executed a stock purchase agreement of Evergreen Helicopters.
The deal was secured with USD185 million cash, USD17.5 million in unsecured promissory notes issued by Erickson, and approximately four million newly-issued preference shares.
Udo Rieder, Erickson Air-Crane ceo, commented: "We expect to quickly follow this transaction with the closing of our planned acquisition of Air Amazonia, which is squarely focused on the fast-growing South American oil and gas market."

Heavy Lift | News

UPDATE: Zeamarine insolvency proceedings thumbnail image

UPDATE: Zeamarine insolvency proceedings

February 28 - Zeamarine’s German booking and operating divisions – Zeamarine Bremen, Zeamarine Germany and Zeamarine Chartering – have filed for insolvency at the Bremen District Court.
Views: 3365
Bulkchain prepares for launch thumbnail image

Bulkchain prepares for launch

February 28 - Antwerp-based NxtPort and Port+ will launch the Bulkchain central collaboration platform on October 5.
Views: 345
Rodionov to join Fesco board thumbnail image

Rodionov to join Fesco board

February 28 - Ilya Rodionov will join Fesco’s management board as vice president of legal and corporate affairs on March 2.
Views: 252
Lim steps up at G2 Ocean thumbnail image

Lim steps up at G2 Ocean

February 28 - G2 Ocean has appointed Sim Keat Lim as its vice president, Pacific, effective March 2.
Views: 292

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