In late October 2022, Fagioli Asia signed a memorandum of understanding (MoU) with Vietnam’s Vietranstimex.
The companies have confirmed their interest to establish a formal commercial agreement, whereby they will negotiate and jointly execute projects involving heavy and critical lifts and transportation in Vietnam.
Alevro – a joint venture between Australian engineering services provider Monadelphous and Italian heavy lift and transport specialist Fagioli – has secured a contract with Bechtel for the Pluto Train 2 project in Karratha, Western Australia.
Fagioli has formed a joint venture with Australian construction and engineering company Monadelphous.
Fagioli has established a partnership with Integrated Logistics Company to cover the markets in Kuwait and Qatar.
USA-based crane and engineered transport specialist ALL Family of Companies has promoted two industry veterans into new roles.
Heavy lift and engineered transport specialist Mammoet has launched its Industrial Solutions division to serve large-scale and complex industrial projects across Europe’s high-tech, process, energy and heavy industries.
In the first nine months of 2025, Kuehne+Nagel (K+N) increased its net turnover by 3 percent to CHF18.5 billion (USD23.2 billion), up 3 percent year on year. However, margins came under pressure.
