All Heavy Lift & Project Forwarding International articles in May 2012 – Page 3
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News
Business as usual, says Fairstar
May 17 - Facing a hostile and unwelcome takeover by heavy lift giant Dockwise, business at Fairstar might seem anything but usual.
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News
LS International in multimodal Brazilian shipment for paper industry
May 17 - Bremen-based project cargo forwarder LS International Cargo was contracted to move a dryer for the paper industry ex-Santos, Brazil to Krapkowice, Poland in a voyage of around five weeks.
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New regional director for Braemar
May 17 - Braemar Technical Services (Incorporating The Salvage Association) has appointed Graeme Temple to the role of regional director for its Far East region, with responsibility for strengthening the company's surveyor network in this important region
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News
WWPC names Solot as exclusive member in Peru
May 16 - Solot Logistics' Peruvian operation has been appointed as the Worldwide Project Consortium's (WWPC) exclusive member in Peru.
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Fairstar rejects Dockwise offer of financial support as a 'poison pill'
May 16 - Fairstar Heavy Transport has rejected the unsolicited financial proposal received from Dockwise on Monday evening as being "of no interest to Fairstar", adding that whilst "Dockwise has attempted to characterise the offer of USD 30 million in 'su
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News
AV Dawson's quay to success
May 16 - Work is due to start on the second phase of the GBP10 million (USD15.9 million) development of AV Dawson's 60 acre site in Middlesbrough, UK, with the creation of a new deepwater quay.
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Agility name Jaeger as MD Area West, in Europe
May 16 - Agility has appointed Patrick Jaeger as managing director of Area West in Europe, responsible for defining growth strategies and identifying development opportunities in Switzerland and France.
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News
DB Schenker Logistics establishes JV in Oman, expands presence in Africa
May 16 - Schenker Khimji's LLC, the joint venture that DB Schenker Logistics has established with long-time partner Khimji Ramdas Group in the Sultanate of Oman, has started operations, delivering comprehensive solutions in the fields of air and ocean fre
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Port of Tyne sees project cargo growth
May 15 - The UK's Port of Tyne is seeing increasing volumes of project cargo and recently enjoyed a visit by the Seven Oceans cable laying vessel, which berthed at the port's Riverside Quay, to load an offshore skidding system, weighing 120 tonnes and mea
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New crane expands lift capacity
May 15 - The UK's AV Dawson has strengthened its lifting capacity by investing in a new EUR2 million (USD2.57 million) mobile harbour crane.
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Aussie construction sector under pressure says report
May 15 - The most recent figures in an index tracking machinery imports paint a bleak picture of the construction sector in Australia, says freight forwarder Skelton Sherborne.
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Dockwise launches offer for all issued and outstanding shares in Fairstar
May 15 - Dockwise Ltd has resolved to launch, through its wholly-owned subsidiary Dockwise White Marlin bv, an unconditional mandatory offer for all the issued and outstanding shares of Fairstar Heavy Transport nv at a price of NOK9.30 per Fairstar share.
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Good first quarter for Wilh Wilhelmsen Holding
May 14 - Wilh. Wilhelmsen Holding ASA (WWH) has delivered top line and profit growth lifted by historically high total income and operating profit in the shipping segment.
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News
Gloves come off in Dockwise-Fairstar takeover saga
May 14 - Last Friday saw Fairstar Heavy Transport release copies of the most recent correspondence between itself and Dockwise in preparation for the former's AGM.
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News
Caterpillar to sell stake in logistics business to Platinum Equity
May 14 - Caterpillar is to sell a 65 percent stake in Caterpillar Logistics Services LLC, its third party logistics business, to Platinum Equity in a deal reported to be worth USD750million.
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MIQ Logistics awarded San Cristobal mining business
May 14 - US-based, MIQ Logistics has won a multi-year service agreement with Minera San Cristobal for logistics activities supporting mining operations in the province of Nor Lipez, Bolivia.
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Fairstar Heavy Transport re-opens and continues AGM
May 14 - Commenting on the decision to re-open and continue its AGM earlier today, Frits van Riet, chairman of the Fairstar Heavy Transport Supervisory Board, commented: "Fairstar reconvened the AGM with the intention of providing our shareholders with th
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Earth is moving for Ocean & Sky
May 11 - Ocean & Sky Logistics, which joined the Project Cargo Network (PCN in January 2011, has completed a multiple consignment of earth moving equipment from Malta to Morocco.
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Dockwise approves rights issue to finance proposed acquisition of Fairstar
May 11 - The Dockwise-Fairstar saga has rumbled on this week, with Dockwise advising that the financing of its proposed acquisition of shares in Fairstar Heavy Transport nv through the issuance of common shares in a rights Issue to existing shareholders a