Latest news from Heavy Lift & Project Forwarding International Magazine

PSA Marine enters PB Sea-Tow talks

March 11 - Hong Kong headquartered Pacific Basin Shipping Limited has entered into discussions with PSA Marine to divest its harbour towage, offshore towage and infrastructure support business, PB Sea-Tow.

The Pacific Basin board of directors has said that it will continue to sound out the market to establish if there is a third party interested in PB Sea-Tow.

Having entered the market in 2007, PB Sea-Tow now operates a fleet of vessels in the Oceania, Southeast Asia and Middle East regions. The division saw net profit plunge to USD10.5 m this year from USD37.7 m in 2012.

www.pacificbasin.com/en/towage

www.psamarine.com

Heavy Lift | News

Fitzgerald returns to Crowley  thumbnail image

Fitzgerald returns to Crowley 

February 21 - Crowley Maritime Corporation has appointed Ray Fitzgerald as its chief operating officer, effective March 1. 
Views: 523
Camperi joins Tadano in Italy thumbnail image

Camperi joins Tadano in Italy

February 21 - Tadano has appointed Davide Camperi to lead the Demag business, sales and service efforts in the Italian market.
Views: 564

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