Latest news from Heavy Lift & Project Forwarding International Magazine

Dutch dredging company still interested in parts of SMIT

May 18 - In its latest trading update, Dutch dredging company Boskalis has made it clear that it is still interested in acquiring parts of SMIT International.

According to the trading update: "On January 29, Boskalis announced that it increased its holding in Smit Internationale N.V. to 25.07%. The interest that Boskalis has expressed in parts of Smit ensues from its value-driven growth strategy. Boskalis is mainly interested in the Smit businesses that fit within this strategic framework. By acquiring the terminal activities of Smit, Lamnalco can become a global market leader in terminal services. Besides this, Boskalis can extend and strengthen its rapidly growing and attractive offshore business with Smit."

On May 14th SMIT announced a net profit in the first quarter of 2009 of EUR 28 million.

In December last year, commenting on the news that Boskalis had abandoned its intention to make a public offer for SMIT, Ben Vree, CEO of SMIT said: "SMIT will continue its successful strategy of integrated maritime services, making optimal use of synergies between our divisions Harbour Towage, Terminals, Salvage and Transport & Heavy Lift. Today's announcement signals the end of a period of uncertainty for our company, our joint-venture partners and our employees."

Heavy Lift | News

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: 100
Shelala joins ALG board thumbnail image

Shelala joins ALG board

September 17 - Compass Forwarding’s Robert Shelala has joined the board of Aerospace Logistics Group (ALG), a network of companies that specialise in the movement of aircraft parts and components.
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Pasquinelli in yacht move thumbnail image

Pasquinelli in yacht move

September 17 - Pasquinelli Spa has moved a 460-ton (417.3-tonne) yacht from Chioggia to Ancona, Italy.
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Asco completes overhaul thumbnail image

Asco completes overhaul

September 17 - Azerbaijan Caspian Shipping Company (Asco) has modernised its tug vessel Om.
Views: 200

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