Latest news from Heavy Lift & Project Forwarding International Magazine

Grimaldi increases Finnlines stake

October 16 - Grimaldi Group subsidiary Grimaldi Euromed has purchased 5,449,032 additional shares in Finnlines, increasing the group's share capital investment in its Finnish subsidiary to 91.32 percent.

The shares, which represent 10.58 percent of Finnlines' share capital, were bought by Grimaldi from the Finnish pension fund Keskinäinen Eläkevakuutusyhtiö Ilmarinen.

Grimaldi explained that the excellent economic results recorded by Finnlines prompted the Italian shipping group to consolidate its shares in its subsidiary, rather than invest in other activities.

Ro-ro and ro-pax operator Finnlines posted a turnover of EUR252 million (USD287.5 million) in the first six months of 2015, and a net profit of EUR16.4 million (USD18.7 million) - a 9.2 percent year-on-year rise.

 

 

www.grimaldi.napoli.it

www.finnlines.com

Heavy Lift | News

CLA adopts CHAMP solution thumbnail image

CLA adopts CHAMP solution

May 29 - CargoLogicAir (CLA) has implemented CHAMP’s weight and balance solution for advanced load planning.
Views: 452
Flinders prepares for Konecranes delivery thumbnail image

Flinders prepares for Konecranes delivery

May 29 - Flinders Port Holdings will take delivery of a Konecranes Gottwald Model 6 mobile harbour crane at its facilities in Port Adelaide, Australia during August.
Views: 511
IMH boosts range with SPX Flow thumbnail image

IMH boosts range with SPX Flow

May 29 - Middlesbrough, UK-based Industrial and Marine Hydraulics (IMH) has entered into a distribution agreement with SPX Flow.
Views: 505
BigRoll Beaufort moves for Virginia wind farm thumbnail image

BigRoll Beaufort moves for Virginia wind farm

May 29 - Roll Group has transported wind energy components using its vessel BigRoll Beaufort to assist in the construction of a wind farm 27 miles (43 km) off the coast of Virginia, USA.
Views: 739

Heavy Lift Across The World

Discover heavy lift and project logistics industry news from around the world by region.