Latest news from Heavy Lift & Project Forwarding International Magazine

Fesco issues statement on bankruptcy petition

March 3 - In light of recent press speculation regarding the bankruptcy petition filed against Fesco Plc by Russian asset management company Kapital, the shipping company has issued an official statement advising that it remains engaged in a constant dial

Fesco believes the court process initiated by Kapital does not preclude the possibility of reaching an amicable settlement with its bondholders, including Kapital and says the company remains committed to protecting the interests of all its stakeholders.

The shipping line says it does not expect any of the above to have an adverse impact on its operations and collaboration with its partners, including vendors and clients and adds that it intends to continue to do business as usual and perform all its contractual obligations.

Heavy Lift | News

Martin Bencher opens in Istanbul thumbnail image

Martin Bencher opens in Istanbul

December 6 - Denmark-headquartered project logistics specialist Martin Bencher is opening an office in Istanbul, Turkey. 
Views: 484
Al Faris supports Expo 2020 thumbnail image

Al Faris supports Expo 2020

December 6 - Al Faris has lifted and installed steel structures measuring up to 46 m in length at a construction project associated with the upcoming Expo 2020 in Dubai.
Views: 362
CS Wind places Kalmar order  thumbnail image

CS Wind places Kalmar order 

December 6 - Kalmar will supply CS Wind Vietnam with two Super Gloria reachstackers, each with a lifting capacity of 100 tons (90.7 tonnes). 
Views: 409

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