Arcus European Infrastructure Fund is set to sell its shares in Forth Ports, one of the UK’s largest port groups, to the Public Sector Pension Investment Board (PSP Investments).
Following the transaction, Canada’s PSP, which already has a stake in Forth Ports, will become the majority shareholder.
Forth Ports owns and operates eight commercial ports in the UK, including Tilbury, Grangemouth, Dundee, Rosyth and Leith.
Irish and UK shipping company Quality Freight Group has become part of Switzerland-headquartered Fracht Group.
UK-based Tugdock has been awarded a ‘Statement of Feasibility’ from DNV for its Tugdock Submersible Platform (TSP).
Drydocks World, in partnership with GE Vernova, will build and install Ostwind 4 – a 2 GW offshore wind grid connection in Germany.
USA-based heavy lifting specialist Engineered Rigging has expanded its engineering team to include Dalton Robinson
UK-based heavy haulage and rigging specialist Allelys has appointed Sandy White as its engineering director.
Kito Crosby has promoted Jason Bulan to vice president of business development and product strategy for the company’s hoists and cranes portfolio in the Americas.
