Latest news from Heavy Lift & Project Forwarding International Magazine

GeoSea buys Hochtief assets

October 16 - International construction group Hochtief is selling its offshore assets to marine contractor and long-term partner, GeoSea.

GeoSea, the marine engineering arm of DEME, will acquire full ownership of the heavy lift jack-up vessel Innovation - one of the largest vessels of its type in the marine construction business.
 
Luc Vandenbulcke, managing director of GeoSea, commented: "Both market expectations and order book require continuous investments. This transaction is a significant contribution to expand GeoSea's activities in the European offshore wind market."

The sale is subject to certain customary conditions including regulatory approvals.

www.deme-group.com/geosea

www.hochtief.com

Heavy Lift | News

Marine insurance: Reducing costs and capacity thumbnail image

Marine insurance: Reducing costs and capacity

September 19 - Marine insurance providers are commoditising their products in order to reduce costs. The result, according to the International Union of Marine Insurance (IUMI), is a loss of expertise.
Views: 278
Zeaborn forms JV with MPC thumbnail image

Zeaborn forms JV with MPC

September 18 - Zeaborn Group has formed a joint venture with MPC Capital Group to handle the chartering and commercial management of a fleet of more than 160 container and bulk carriers.
Views: 659
DHL strengthens network in Middle East and Africa thumbnail image

DHL strengthens network in Middle East and Africa

September 18 - DHL Industrial Projects is opening a centre of excellence (COE) in Dubai as well as offices in Egypt, Ethiopia, Kenya and Turkey to coordinate complex logistics projects in the Middle East and Africa.
Views: 735
ALE plans Swedish branch thumbnail image

ALE plans Swedish branch

September 18 - ALE will open an office in Sweden during the last quarter of 2019 as it looks to expand its operations in Scandinavia.
Views: 522

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