Latest news from Heavy Lift & Project Forwarding International Magazine

Beluga gets visit from the police

March 25 - An official spokesman for Beluga has confirmed that the German public prosecutor's office and police visited the company's Bremen HQ this week looking for evidence of possible fraud, but declined to comment on whether any evidence was either di

The police visit follows this week's news that more subsidiaries of Beluga had filed for insolvency, following last week's filings by Beluga Shipping and Beluga Chartering.

HLPFI readers will already be aware that an investigation has been launched by the state prosecutor's office into allegations of serious "irregularities" regarding Beluga group turnover and liquidity, which was 
set off by complaints from one of the company's major investors, Oaktree Capital.

HLPFI understands that Beluga Group's founder and former chief executive Niels Stolberg has already been questioned by local police.

Heavy Lift | News

Fitzgerald returns to Crowley  thumbnail image

Fitzgerald returns to Crowley 

February 21 - Crowley Maritime Corporation has appointed Ray Fitzgerald as its chief operating officer, effective March 1. 
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KENC completes engineering scope for Jumbo thumbnail image

KENC completes engineering scope for Jumbo

February 21 - The Netherlands-based KENC Engineering has collaborated with Jumbo to prepare the heavy lift vessel Fairplayer for an FPSO installation project offshore Brazil. 
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