Latest news from Heavy Lift & Project Forwarding International Magazine

US clears Konecranes-Terex deal

October 11 - Konecranes has received clearance from the committee on foreign investment in the USA for its pending acquisition of Terex's material handling and port solutions (MHPS) business.

With the conclusion of the committee on foreign investment's process and the previous antitrust clearance by the US Department of Justice, Konecranes has now received all the required regulatory approvals for the acquisition of Terex's MHPS business in the USA.

Completion of the deal remains subject to additional customary closing conditions, however.

Konecranes states that both parties continue to be fully committed to the acquisition and are working closely with competition authorities in the remaining jurisdictions to obtain regulatory approvals, allowing the deal to go ahead in early 2017 as planned.

www.konecranes.com

www.terex.com

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.
Views: 306
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: 273

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