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Solid earth for PD Ports?

July 7 - Speculation continues about the future ownership of PD Ports with reports in the financial media suggesting that Terra Firma, a leading British buyout firm, is preparing a bid for the subsidiary of Babcock & Brown Infrastructure.

According to the UK's Sunday Times newspaper, others looking at an investment in PD Ports include Carlyle, CVC Capital, HgCapital and Star Capital.

PD Ports has been on the market for several months, and previously, BBI had said that it expects to have binding bids for all or part of the company by the early autumn and that it was discussing proposals with interested parties. PD ports operates Teesport, the U.K.'s second-largest port by tonnage, and has numerous facilities involved in handling overdimensional and heavy project cargoes.

Heavy Lift | News

Paderewski completes maiden call in Emden thumbnail image

Paderewski completes maiden call in Emden

August 23 - Chipolbrok’s multipurpose vessel Paderewski made its maiden call at the German port of Emden to load wind energy equipment destined for Masan, South Korea.
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Peel Ports prepares for Brexit thumbnail image

Peel Ports prepares for Brexit

August 23 - The UK’s Peel Ports Group has been accredited as an authorised economic operator (AEO) at all of its principal ports.
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Heavy Lift Across The World

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