June 20 - Roland Cumings has been named managing director of South African heavy lifting and transport specialist Vanguard, with effect from June 1.
Bryan Hodgkinson, who has held the role of managing director for the past 20 years, will remain on Vanguard's board of directors.
Meanwhile, company shareholders Hodgkinson and Philippe Tellier have agreed to buy Grindrod's 50 percent stake in Vanguard. The transaction will become effective on July 1.
South Africa-headquartered Vanguard has completed transport of at 50 m-long, 171-tonne cold box from the port of Walvis Bay in Namibia to a copper mine in Solwezi, Zambia.
General cargo volumes have dipped 3 percent year-to-date at Port Houston’s multipurpose facilities. However, steel imports increased 34 percent in November.
BAE Systems is bolstering its transport fleet in Florida, USA, with 156 Cometto MSPE axle lines.
Portugal’s Laso Transportes will open a new complex worth EUR10 million (USD10.5 million) next year in the Basque Country, Spain.
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.
