Latest news from Heavy Lift & Project Forwarding International Magazine

ABC readies for Boeing delivery

AirBridgeCargo Airlines (ABC) has contracted Aviation Capital Group (ACG) to finance part of the acquisition of a Boeing 747-8 freighter, which is expected to be delivered to the Russian operator in February 2019. 

ACG was contracted to structure, arrange and provide a guarantee for a senior loan to finance a portion of the purchase price of the aircraft under its Aircraft Financing Solutions (AFS) programme.

Tatiana Arslanova, vice-president, strategic management of Volga-Dnepr Group, explained that ABC’s strategy is to expand its fleet and network. Currently, its fleet consists of 18 Boeing 747 freighters. 

According to Bob Roy, managing director of ACG, it is the first aircraft transaction funded under the AFS programme, which complements ACG’s operating lease business.

www.airbridgecargo.com 

www.aviationcapitalgroup.com

Heavy Lift | News

Zeamarine restructuring continues  thumbnail image

Zeamarine restructuring continues 

February 17 - Zeamarine has confirmed that its German booking and operating divisions – Zeamarine Bremen, Zeamarine Germany and Zeamarine Chartering – will operate under court supervision, in accordance with creditor protection conditions.
Views: 390
Ambercor completes yankee move thumbnail image

Ambercor completes yankee move

February 17 - Canada-headquartered Ambercor Shipping has coordinated the delivery of a yankee dryer and two through-air dryer (TAD) rolls in Quebec.
Views: 199
Duluth awarded infrastructure grant thumbnail image

Duluth awarded infrastructure grant

February 17 - The US Department of Transportation’s Maritime Administration has allocated a USD10.5 million grant to the Duluth Seaway Port Authority. 
Views: 225

Heavy Lift Across The World

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