Latest news from Heavy Lift & Project Forwarding International Magazine

Cosco set to add multipurpose ships

March 17 - Unconfirmed reports in the international financial media indicate that Cosco Shipping Co., controlled by China's biggest shipping company, plans to raise almost YUAN4 billion (USD586 million) in a rights offer to buy new vessels amid a recovery

The reports suggest that the shipping line will use the funds to help pay for 18 multipurpose and heavy-lift vessels and two semi-submersibles.

China Shipping Group Co and Pacific Basin Shipping Ltd have also announced plans to buy ships this year as trade and shipping rates recover from the global recession.

Heavy Lift | News

Crane Worldwide picks Antonov thumbnail image

Crane Worldwide picks Antonov

October 14 - Antonov Airlines delivered a mobile crane and fire extinguishing equipment from the USA to Argentina aboard one of its AN-124-100 aircraft.
Views: 204

Heavy Lift Across The World

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