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

Zeaborn forms JV with MPC thumbnail image

Zeaborn forms JV with MPC

September 18 - Zeaborn Group has formed a joint venture with MPC Capital Group to handle the chartering and commercial management of a fleet of more than 160 container and bulk carriers.
Views: 166
DHL strengthens network in Middle East and Africa thumbnail image

DHL strengthens network in Middle East and Africa

September 18 - DHL Industrial Projects is opening a centre of excellence (COE) in Dubai as well as offices in Egypt, Ethiopia, Kenya and Turkey to coordinate complex logistics projects in the Middle East and Africa.
Views: 198
ALE plans Swedish branch thumbnail image

ALE plans Swedish branch

September 18 - ALE will open an office in Sweden during the last quarter of 2019 as it looks to expand its operations in Scandinavia.
Views: 219
Ruud Gullit revealed as guest speaker at Heavy Lift Awards thumbnail image

Ruud Gullit revealed as guest speaker at Heavy Lift Awards

September 17 - HLPFI can exclusively reveal that Ruud Gullit - Ballon d'Or winner and former AC Milan, PSV, Chelsea, Feyenoord, and the Netherlands international football icon - will be kickstarting the inaugural Heavy Lift Awards 2019 ceremony.
Views: 397

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