BUSINESSNEWS ROUND-UP NEWS IN BRIEF


Konecranes purchase Konecranes has completed the acquisition of Terex’s material handling and port solutions (MHPS) business.


GPO Heavylift says Grace


T


he launch of GPO Grace, GPO Heavylift’s first 65,000 dwt semi-submersible newbuilding, in December last year at China


Shipbuilding Corp’s (CSBC) Kaohsiung shipyard in Taiwan was a major turn of events for the heavy lift sector of the shipping industry. The 65,000 dwt GPO Grace will enter


service in April and will eventually be joined by three identical vessels. Headquartered in Singapore and operational


in Oslo, the brainchild of GPO Heavylift is Singapore businessman Kenny Cai, who has more than 20 years’ experience in the offshore oil and gas sector. Dagfinn Thorsen, formerly of Offshore Heavy Transport, has been appointed as chief executive. The new vessels have full dynamic positioning


two (DP2) capability. The main deck can by submerged 15 m deep and have been strengthened to carry loads of 27.2 tonnes per sq m.


cargo ships used for project cargo shipments, has been declared bankrupt and liquidation proceedings have commenced. At the helm of the company


Navemar declared bankrupt N


avemar, based in Monte di Procida (Naples) and owner of two general


commercial ship management services. Two 8,150 dwt general


was longstanding owner Tommaso Scotto Lavina, which also offered technical and


cargo ships remaining in Navemar’s fleet (Lady Gloria and Lady Gaia) are currently laid up in Venice and Naples and will be sold at auction by the court. Navemar was founded in


2003 following the subdivision of some shipping companies.


Terex makes site and staff cuts components and parts


facility in Pecs, Hungary, as well as to consolidate its three


T A


erex Cranes has revealed plans to sell its


Osprey Heavy Lift secures funding


joint venture created in 2015 between Osprey Maritime and the Allelys


Group has secured a GBP7.5million (USD9.3million) financial package from HSBC.


www.heavyliftpfi.com The equipment finance loan


will be used to fund the purchase of specialist cranes and lifting equipment, including a 750-tonne capacity crane and 110 axle lines of SPMT.


   


 January/February 2017 7


Maersk to buy again Maersk Line has reached an agreement to purchase German container shipping line Hamburg Süd from the Oetker Group, subject to regulatory approvals.


Gearbulk-Grieg venture Gearbulk and Grieg Star have confirmed that their new joint venture company will be named G2 Ocean.


TPI opens in Lyon Transport Paris International - Groupe Worms (TPI) has opened in Lyon.


Wallenius restructure Wilh. Wilhelmsen Holding and Wallenius Lines have signed a pact leading to a new ownership structure for their jointly owned investments.


more news at www.heavyliftpfi.com


manufacturing operations into two in Zweibrücken, Germany, and reduce its global workforce by around 30 percent.


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