Latest news from Heavy Lift & Project Forwarding International Magazine

Hamburg Süd: up for sale?

November 30 - In response to international business media reports that German shipping line, Hamburg Süd is for sale, industry consultant Alphaliner suggests that a high price tag could deter potential buyers.

Alphaliner says it understands that the line, which is 100 percent owned by the Oetker family, has a value of close to USD5.0 billion.

Were Hamburg Sud to be sold to another shipping line, it would be the fifth major consolidation in container shipping over the course of 12 months, following on from Cosco and China Shipping, CMA CGM and NOL/APL, Hapag-Lloyd and UASC, and the container businesses of NYK Line, Mitsui OSK Lines and "K" Line.

Heavy Lift | News

Bilbao gains Norwegian connection thumbnail image

Bilbao gains Norwegian connection

October 22 - Finnlines, part of the Grimaldi Group, has added a port call in Norway to its Biscay service between Bilbao, Spain and St. Petersburg, Russia. 
Views: 208
Scot Explorer launched in Hoogezand thumbnail image

Scot Explorer launched in Hoogezand

October 22 - Scotline Marine Holdings’ 4,800 dwt vessel Scot Explorer has been christened and launched at the Royal Bodewes Shipyard in Hoogezand, the Netherlands.
Views: 172
Wangfoong rescue on track thumbnail image

Wangfoong rescue on track

October 22 - Wangfoong Transportation has been involved in a complex salvage operation in Hong Kong, where it helped to recover three derailed trains.
Views: 195
ZPMC delivers for Hutchison Port Sohar thumbnail image

ZPMC delivers for Hutchison Port Sohar

October 22 - ZPMC’s heavy lift vessel Zhen Hua 19 has delivered two remote-controlled quay cranes and six rubber-tyred gantry cranes to Hutchison Port Sohar’s terminal in Oman.
Views: 201

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