Latest news from Heavy Lift & Project Forwarding International Magazine

Corpus Christi sign sale agreement for Ingleside

May 3 - Further to our news item from March 10, the Port Corpus Christi Commissioners have signed an agreement for the sale of its Ingleside Facility (former U.S. Naval Station Ingleside) to Canyon Supply & Logistics, LLC.

The agreement signed by both parties was for the sale of 798 acres at former U.S. Naval Station Ingleside (NSI) with a purchase price of USD75,831,604.00. As part of the sales agreement, Canyon Supply & Logistics, LLC has 10 business days to deposit USD1 million of earnest money. Canyon will have until September 15, 2011 to complete all its feasibility studies, surveys, due diligences, to present a down payment of USD24 million, and sign a 10 year promissory note for the balance.

"Port Commissioners and staff continue to work with Canyon Supply and Logistics, LLC to finalise the sale of former U.S. Naval Station Ingleside. We are confident they fit the model of the master development plan for the facility," saidMike Carrell, chairman, Port Commission.

Canyon Supply and Logistics, LLC is a special service purpose company that supports the oil and gas production companies in the Western Gulf of Mexico. Canyon will develop the industrial part of the facility for offshore logistics for the oil and gas industry and anticipates providing 2,500 jobs within five years. As part of the sales agreement Canyon Supply & Logistics, LLC, will have an option to purchase an additional 105 acres in the centre of the base property.

Heavy Lift | News

ABC and CLA go online thumbnail image

ABC and CLA go online

September 18 - Bookings for capacity on AirBridgeCargo (ABC) and CargoLogicAir (CLA) flights can now be completed via the cargo.one digital platform.
Views: 82
Zeaborn forms JV with MPC thumbnail image

Zeaborn forms JV with MPC

September 18 - Zeaborn Group has formed a joint venture with MPC Capital Group to handle the chartering and commercial management of a fleet of more than 160 container and bulk carriers.
Views: 73
DHL strengthens network in Middle East and Africa thumbnail image

DHL strengthens network in Middle East and Africa

September 18 - DHL Industrial Projects is opening a centre of excellence (COE) in Dubai as well as offices in Egypt, Ethiopia, Kenya and Turkey to coordinate complex logistics projects in the Middle East and Africa.
Views: 75
ALE plans Swedish branch thumbnail image

ALE plans Swedish branch

September 18 - ALE will open an office in Sweden during the last quarter of 2019 as it looks to expand its operations in Scandinavia.
Views: 131

Heavy Lift Across The World

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