Latest news from Heavy Lift & Project Forwarding International Magazine

Crowley looks to SeaFreight buy

October 20 - Crowley Maritime Corporation's liner services group has signed a letter of intent to acquire Miami based SeaFreight Agencies, a liner and logistics company that serves the Caribbean and parts of Central America.

Both companies are currently working through the due diligence process in anticipation of executing a defined purchase sale agreement later this year, explained Crowley.

"This acquisition represents a great opportunity for Crowley to grow its footprint and capabilities in the Caribbean Basin," said Steve Collar, Crowley senior vice president and general manager, Caribbean and Latin America services.

In a message to the company's employees, SeaFreight president Roland Malins-Smith justified the decision to accept Crowley's offer: "Many of us recognise that our industry is undergoing fundamental change, which emphasises the importance of scale and the wisdom of consolidation.

www.crowley.com

www.seafreightagencies.com

Heavy Lift | News

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Urgent action needed on keyworker designation

May 29 - The heads of the maritime, labour and aviation organisations of the United Nations have issued a plea for urgent action on crew changes and for keyworker designation.
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Wilson and Arkon partner up

May 28 - Wilson and Arkon Shipping have agreed to combine parts of their operations and create one of the largest shortsea bulk shipping players in Europe.
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