Latest news from Heavy Lift & Project Forwarding International Magazine

Obama's budget to benefit Manatee

February 6 - Port Manatee and its stakeholders look to benefit from full federal funding of a feasibility study related to the deepening of its channel and harbour area in President Obama's fiscal 2016 budget.

Manatee Harbour, near the Gulf of Mexico entrance to Tampa Bay, is one of only ten waterways in the continental USA identified for such U.S. Army Corps of Engineers funding in the fiscal 2016 civil works budget announced by Obama.

The harbour, which currently has a depth of 40 ft (12.2 m), is targeted to receive USD700,000 in feasibility study funding in the federal budget for the fiscal year that begins October 1, 2015. The budget also includes USD300,000 for maintenance and USD100,000 for operation of Manatee Harbour.

Carlos Buqueras, executive director of Port Manatee, expressed his appreciation at the funding, which will allow the port to accommodate the majority of vessels transiting the newly expanded Panama Canal.

Heavy Lift | News

GE responds to fraud allegations thumbnail image

GE responds to fraud allegations

August 19 - General Electic (GE) has issued a statement in response to allegations that the company is engaging in accounting fraud worth USD38 billion.
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DSV completes Panalpina acquisition thumbnail image

DSV completes Panalpina acquisition

August 19 - DSV has completed the acquisition of Swiss freight forwarder Panalpina, creating one of the world’s largest transport and logistics companies.
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FROM THE MAGAZINE: Pumping up power thumbnail image

FROM THE MAGAZINE: Pumping up power

August 19 - As nations reduce their reliance on fossil-fuelled power generation, hydropower projects – in particular pumped storage schemes – will play a key role in supplementing wind and solar energy developments.
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Jan De Nul secures Kriegers Flak work thumbnail image

Jan De Nul secures Kriegers Flak work

August 16 - Jan De Nul Group will transport and install 72 Siemens wind turbine generators – with a capacity of 8.4 MW each – for the Kriegers Flak offshore wind farm in Denmark.
Views: 611

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