Latest news from Heavy Lift & Project Forwarding International Magazine

PSA Marine enters PB Sea-Tow talks

March 11 - Hong Kong headquartered Pacific Basin Shipping Limited has entered into discussions with PSA Marine to divest its harbour towage, offshore towage and infrastructure support business, PB Sea-Tow.

The Pacific Basin board of directors has said that it will continue to sound out the market to establish if there is a third party interested in PB Sea-Tow.

Having entered the market in 2007, PB Sea-Tow now operates a fleet of vessels in the Oceania, Southeast Asia and Middle East regions. The division saw net profit plunge to USD10.5 m this year from USD37.7 m in 2012.

Heavy Lift | News

ALP wins FLNG towage contract thumbnail image

ALP wins FLNG towage contract

February 25 - The Netherlands-headquartered ALP Maritime Services has secured towing and positioning contracts for the Coral South floating LNG (FLNG) platform, which will enter service offshore Mozambique.
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POSH lands PFLNG Dua charters thumbnail image

POSH lands PFLNG Dua charters

February 25 - Petronas has awarded PACC Offshore Services Holdings (POSH) two contracts related to the Petronas Floating Liquefied Natural Gas 2 (PFLNG Dua) project in Malaysia.
Views: 108

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