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Fairstar foresees hostilities

April 25 - Having met with Dockwise representatives in Rotterdam, yesterday, Fairstar Heavy Transport has issued a statement in which it states: "in the absence of a properly valued, unconditional offer for all of the outstanding shares in Fairstar, the c

At yesterday's meeting, Fairstar provided Dockwise with factual materials, including details about its future order book, which demonstrate that the true value of Fairstar is significantly higher than the conditional offer of NOK9.3 per share (USD1.6 per share). The presentation given by Fairstar at the meeting can be seen here:

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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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