Latest news from Heavy Lift & Project Forwarding International Magazine

MEO acquires half of Uniwise

October 29 - Singapore-headquartered Miclyn Express Offshore (MEO) has executed a sale and purchase agreement to acquire 50 percent of the shares in Uniwise Towage Limited (UWT) from Svitzer Asia.

Based in Thailand, UWT, which has been operating since 1999 as a joint venture between Svitzer and the Unithai Group, operates a fleet of five marine support vessels and utility vessels, which are all chartered to oil companies in Thailand.

MEO has agreed to purchase all of Svitzer's shares in UWT for a consideration of USD18.9 million.

"This acquisition is a natural extension of the position we have built up in Thailand in offshore vessel support services," says ceo of MEO, Diederik de Boer.

Heavy Lift | News

Zeamarine restructuring continues  thumbnail image

Zeamarine restructuring continues 

February 17 - Zeamarine has confirmed that its German booking and operating divisions – Zeamarine Bremen, Zeamarine Germany and Zeamarine Chartering – will operate under court supervision, in accordance with creditor protection conditions.
Views: 1048
Ambercor completes yankee move thumbnail image

Ambercor completes yankee move

February 17 - Canada-headquartered Ambercor Shipping has coordinated the delivery of a yankee dryer and two through-air dryer (TAD) rolls in Quebec.
Views: 323
Duluth awarded infrastructure grant thumbnail image

Duluth awarded infrastructure grant

February 17 - The US Department of Transportation’s Maritime Administration has allocated a USD10.5 million grant to the Duluth Seaway Port Authority. 
Views: 327
Wm. O'Brien opens in the USA thumbnail image

Wm. O'Brien opens in the USA

February 17 - Ireland’s Wm. O'Brien is opening its first office in the USA, in Princeton, New Jersey.
Views: 369

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