Latest news from Heavy Lift & Project Forwarding International Magazine

TGP in trouble in Australia

August 5 - According to reports in the Australian media, Trans Global Projects Pty Ltd, the Australian arm of one of the industry's most well-respected brands has entered voluntary administration.

The reports suggest that a significant creditor of Trans Global Projects Pty is the McAleese Group, which is reported to have stated that it is owed AUD7.3 million by Trans Global Projects Pty.

The reports indicate that McAleese Group expects the first meeting of creditors of Trans Global Projects Pty to be held by mid-August.

HLPFI readers may recall that Heavy Haulage Australia (HHA), another company in which the McAleese Group owns 50 percent, was placed into voluntary administration in June 2015 and folded in July after no investor was found.

It will be interesting to see what, if any, provision against this latest debt will be reflected in McAleese Group's 2015 results.

Trans Global Projects Group declined to comment on the news.

Heavy Lift | News

Fire outbreak at US port thumbnail image

Fire outbreak at US port

June 5 - A fire broke out aboard Höegh Autoliners’ ro-ro vessel Höegh Xiamen yesterday (June 4) at Blount Island, Jacksonville, USA; there are no injuries to any of the 21 crew members, who have all been evacuated from the vessel.
Views: 368
Intradco charters AN-225 thumbnail image

Intradco charters AN-225

June 5 - Intradco Global, in collaboration with GTA GSM, charted the Antonov AN-225 freighter aircraft to transport nearly 1,000 cu m of medical supplies and personal protective equipment (PPE).
Views: 362
Pacific Osprey returns to service  thumbnail image

Pacific Osprey returns to service 

June 5 - Swire Blue Ocean’s (SBO) wind farm installation vessel Pacific Osprey has returned to service following the installation of its extended crane boom in Denmark. 
Views: 437

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