Latest news from Heavy Lift & Project Forwarding International magazine

Heavy Lift Across the World

ESL eyes AtoB@C acquisition

Finland’s ESL Shipping is set to acquire all of the outstanding shares of Swedish AtoB@C Shipping and AtoB@C Holding for approximately EUR30 million (USD34.9 million).

The transaction is subject to approval from Finland’s competition authorities, said ESL Shipping, a subsidiary of Aspo Group. It is estimated that the transaction will be completed in the third quarter of 2018.

AtoB@C’s fleet includes 30 ice-classed multipurpose vessels. Serving the Scandinavian and wider European markets, the company transports a variety of commodities including wood pulp, steel and sawn timber as well as project cargoes.

With the acquisition, ESL Shipping expects net sales to increase from EUR80 million (USD93.1 million) to approximately EUR160 million (USD186.2 million), based on figures from 2017.

www.eslshipping.com

www.aspo.com

www.atobatc.se

Heavy Lift | News

Floating wind farms face infrastructure challenges thumbnail image

Floating wind farms face infrastructure challenges

September 24 - Analysis of 96 European ports has revealed that only a few ports are capable of accommodating the quayside manufacturing and assembly required for building and operating large-scale floating offshore wind farms, says LOC Renewables.
Views: 227
Getting the beers in for Haiti thumbnail image

Getting the beers in for Haiti

September 21 - Germany-based forwarder and Latin American specialist Schryver has handled a door-to-door delivery of bottling equipment for a brewery in Port-au-Prince, Haiti.
Views: 502
DFDS to offer more project space from Norway thumbnail image

DFDS to offer more project space from Norway

September 20 - Danish-owned ferry operator DFDS says it will be able to carry a wider range of out-of-gauge (OOG) and project cargo between Norway, Belgium and the UK from February 2019, when its enhanced service enters operation.
Views: 390

Heavy Lift Across The World

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