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.

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: 2156
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: 3279
DSV announces expansion  thumbnail image

DSV announces expansion 

January 2 - DSV has released plans of a major investment to expand its headquarters in Copenhagen, Denmark. 
Views: 2813
DFDS adds to lifting capacity in Immingham thumbnail image

DFDS adds to lifting capacity in Immingham

December 24 - DFDS has taken delivery of a 124-tonne lifting capacity Liebherr mobile harbour crane at its terminal in Immingham, UK in preparation for the launch of enhanced DFDS liner services between Immingham, Norway and Belgium at the start of 2019.
Views: 3248
Metalmark invests in T. Parker Host thumbnail image

Metalmark invests in T. Parker Host

December 20 - Having acquired the 254 acre (102 ha) Avondale Shipyard in New Orleans, USA in October, maritime services provider T. Parker Host has received strategic investment from private equity firm Metalmark Capital.
Views: 3029
Cosco orders pulp carriers thumbnail image

Cosco orders pulp carriers

November 26 - Cosco Shipping Specialized Carriers has ordered five 62,000 dwt multipurpose vessels, plus four options, which will be built at Cosco Shipping Heavy Industry (Dalian) in China.
Views: 2876
Fednav inks additional Optimarin order thumbnail image

Fednav inks additional Optimarin order

November 21 - Optimarin has signed a contract to supply Canada-based shipping line Fednav with seven of its US Coast Guard (USCG) approved ballast water treatment systems.
Views: 2669
Conbit knuckles down with boom crane thumbnail image

Conbit knuckles down with boom crane

November 20 - Conbit, a subsidiary of transport engineering company ALE, has acquired a telescopic knuckle boom crane designed for offshore lifting – the CK050F.
Views: 2865
ALE expands jacking capacity in Europe thumbnail image

ALE expands jacking capacity in Europe

November 19 - ALE is expanding its fleet of jacking solutions with the delivery of a multi-point Mega Jack 300 system to its UK branch, bringing the total number of towers in the company’s global fleet to over 20.
Views: 2996
Everett adopts 2019 budget thumbnail image

Everett adopts 2019 budget

November 16 - The port of Everett has adopted its operating budget for 2019, earmarking USD58.7 million for new capital investment.
Views: 2717

Heavy Lift Across The World

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