Latest news from Heavy Lift & Project Forwarding International Magazine

Business News | Investments

The latest investments made by project logisticians and specialised transport providers to expand and enhance their services in the global heavy lift and project forwarding industry.

ACS expands Australian presence thumbnail image

ACS expands Australian presence

June 25 - Having opened its doors in Australia three years ago, Air Charter Service (ACS) has expanded its operation in Sydney as the company prepares for future growth.
Views: 364
Berth construction finalised for Odessa thumbnail image

Berth construction finalised for Odessa

June 7 - The Ukrainian Sea Ports Authority (USPA), Louis Dreyfus Company Ukraine and Brooklyn-Kyiv have signed a memorandum of understanding (MoU) for the construction of Berth 1-z at the port of Odessa.
Views: 1679
AKM places Terex order thumbnail image

AKM places Terex order

May 3 - Munich-based AKM Autokranvermietung has placed an order with Terex for two Demag all-terrain cranes.
Views: 2316
Stockholm Norvik Port progresses thumbnail image

Stockholm Norvik Port progresses

May 2 - Sweden’s Ports of Stockholm is progressing with the construction of Stockholm Norvik Port, which is set to open in May 2020.
Views: 2344
Nord/LB exits ship financing thumbnail image

Nord/LB exits ship financing

April 8 - Germany bank Nord/LB has confirmed that it will withdraw from the ship financing sector.
Views: 2162
DP World commits to Kazakhstan thumbnail image

DP World commits to Kazakhstan

March 11 - Dubai-headquartered DP World has reaffirmed its intention to invest in new port and logistics infrastructure in Kazakhstan, following the signing of two framework agreements relating to special economic zones (SEZ) in Aktau and Khorgos.
Views: 2233
High five for Vladivostok thumbnail image

High five for Vladivostok

February 28 - The Commercial Port of Vladivostok, part of the Fesco Transportation Group, will receive five port cranes in 2020.
Views: 2733
Oaktree invests in Watco thumbnail image

Oaktree invests in Watco

January 9 - Oaktree Capital Management has formed a strategic partnership with Watco Companies that will see the Los Angeles-based private equity firm invest USD450 million in the Kansas-heaquartered transportation company.
Views: 3859

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