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Vestas initiates a share buy-back programme

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The Board of Directors of Vestas Wind Systems A/S has decided to initiate a share buy-back programme of up to DKK 1,120m (approx. EUR 150m).

The share buy-back programme is initiated pursuant to the authorisation granted to the Board of Directors by the Annual General Meeting in April 2025, which entitled Vestas to acquire treasury shares at a nominal value not exceeding 10 percent of the share capital at the time of the authorisation.

The share buy-back programme will be executed in accordance with Regulation No. 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (MAR) and the Commission Delegated Regulation (EU) 2016/1052 (the “Safe Harbour Regulation”).

The purpose of the share buy-back programme is to adjust Vestas’ capital structure.

The share buy-back programme will run from 6 November 2025 to 17 December 2025, both days included.

Vestas has appointed Danske Bank as Lead Manager for the share buy-back programme. Danske Bank will make its own trading decisions independently of and without influence or involvement from Vestas.

Under the share buy-back programme, Vestas may repurchase shares up to a maximum amount of DKK 1,120m, and no more than 18,000,000 shares, corresponding to 1.8 percent of the share capital of Vestas Wind Systems A/S.

No shares may be bought back at a price exceeding the higher of i) the price of the last independent trade and ii) the highest current independent bid at the trading venue, on which the purchase is carried out, at the time of trading.

The maximum number of shares that may be purchased on each trading day may not exceed 25 percent of the average daily trading volume of shares on the trading venue, on which the purchase is carried out, over the last 20 trading days prior to the date of purchase.

Prior to the share buy-back, Vestas holds 12,357,143 treasury shares, equal to 1.2 percent of the share capital.

Vestas is entitled to suspend or stop the programme at any time subject to a disclosure of a company announcement.

On a weekly basis, Vestas will issue an announcement in respect of transactions made under the programme.

 
 

The Board of Directors of Vestas Wind Systems A/S has decided to initiate a share buy-back programme of up to DKK 1,120m (approx. EUR 150m).

The share buy-back programme is initiated pursuant to the authorisation granted to the Board of Directors by the Annual General Meeting in April 2025, which entitled Vestas to acquire treasury shares at a nominal value not exceeding 10 percent of the share capital at the time of the authorisation.

The share buy-back programme will be executed in accordance with Regulation No. 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (MAR) and the Commission Delegated Regulation (EU) 2016/1052 (the “Safe Harbour Regulation”).

The purpose of the share buy-back programme is to adjust Vestas’ capital structure.

The share buy-back programme will run from 6 November 2025 to 17 December 2025, both days included.

Vestas has appointed Danske Bank as Lead Manager for the share buy-back programme. Danske Bank will make its own trading decisions independently of and without influence or involvement from Vestas.

Under the share buy-back programme, Vestas may repurchase shares up to a maximum amount of DKK 1,120m, and no more than 18,000,000 shares, corresponding to 1.8 percent of the share capital of Vestas Wind Systems A/S.

No shares may be bought back at a price exceeding the higher of i) the price of the last independent trade and ii) the highest current independent bid at the trading venue, on which the purchase is carried out, at the time of trading.

The maximum number of shares that may be purchased on each trading day may not exceed 25 percent of the average daily trading volume of shares on the trading venue, on which the purchase is carried out, over the last 20 trading days prior to the date of purchase.

Prior to the share buy-back, Vestas holds 12,357,143 treasury shares, equal to 1.2 percent of the share capital.

Vestas is entitled to suspend or stop the programme at any time subject to a disclosure of a company announcement.

On a weekly basis, Vestas will issue an announcement in respect of transactions made under the programme.

 
 

6 November 2025 |

Gruber Logistics delivers famous Airbus to Serengeti Park

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On the nights from October 26 to 27 and from October 28 to 29, 2025, Gruber Logistics transported an Airbus A310 to its future exhibition site.

From Hanover Airport to the Serengeti Park wildlife and leisure park in Hodenhagen, the heavy-load experts of the renowned logistics service provider moved the historic aircraft—which once belonged to the Special Air Mission Wing of the German Federal Ministry of Defense—with the necessary care and precision during three night shifts. Since the approximately 50-kilometer route passed through a nature reserve, all involved parties had meticulously secured trees in advance to prevent damage to branches. Starting in summer 2026, the historic aircraft will serve as a restaurant for guests of the well-known park in the Heide district.

During the transport of the fuselage and other components of the decommissioned aircraft, Gruber Logistics moved 110 tons. The wings of the A310 have already been at Serengeti Park since autumn 2023. The final route selected for the transport volume—measuring a total of 64.4 meters in length, 6.1 meters in width, and 5.9 meters in height—was the result of years of planning and could often only be completed at walking speed over three consecutive nights. It required extensive preparatory measures after obtaining the necessary permits.

In cooperation with the team from StB Verkehrstechnik, which handled tasks such as dismantling traffic signs, lights, and signals, as well as with the arborists from Arboristica, who were responsible for protecting trees not only in the traversed nature reserve, the logistics provider and its highly qualified drivers completed the 51.4-kilometer journey without incident. From a fleet perspective, Gruber Logistics accomplished the transport using a custom-built so-called modular axle trailing combination, employing two 8×4 tractors designed by Universal Transport—the heavy-load specialist integrated into the company three years ago.

“To realize this almost impossible undertaking, our engineering team led by project manager Martin Ludvik applied its extensive expertise and persistence to the task and, thanks to this great commitment, ultimately found a way to bring the Airbus fuselage to Serengeti Park. Together with the drivers, the preparatory measures along the route, and in close coordination with our client Serengeti Park, we have now successfully completed this challenging project,” emphasizes Michael Gruber, Managing Director of Gruber Logistics Germany.

Fabrizio Sepe, Managing Director of Serengeti Park, reflects after exciting years of planning: “We are delighted that the Airbus A310 has now reached its final position in the park. We will now convert it into an attractive restaurant for our guests, making it another highlight of our facility. Gruber Logistics has accomplished a logistical masterpiece here.”

 
 

On the nights from October 26 to 27 and from October 28 to 29, 2025, Gruber Logistics transported an Airbus A310 to its future exhibition site.

From Hanover Airport to the Serengeti Park wildlife and leisure park in Hodenhagen, the heavy-load experts of the renowned logistics service provider moved the historic aircraft—which once belonged to the Special Air Mission Wing of the German Federal Ministry of Defense—with the necessary care and precision during three night shifts. Since the approximately 50-kilometer route passed through a nature reserve, all involved parties had meticulously secured trees in advance to prevent damage to branches. Starting in summer 2026, the historic aircraft will serve as a restaurant for guests of the well-known park in the Heide district.

During the transport of the fuselage and other components of the decommissioned aircraft, Gruber Logistics moved 110 tons. The wings of the A310 have already been at Serengeti Park since autumn 2023. The final route selected for the transport volume—measuring a total of 64.4 meters in length, 6.1 meters in width, and 5.9 meters in height—was the result of years of planning and could often only be completed at walking speed over three consecutive nights. It required extensive preparatory measures after obtaining the necessary permits.

In cooperation with the team from StB Verkehrstechnik, which handled tasks such as dismantling traffic signs, lights, and signals, as well as with the arborists from Arboristica, who were responsible for protecting trees not only in the traversed nature reserve, the logistics provider and its highly qualified drivers completed the 51.4-kilometer journey without incident. From a fleet perspective, Gruber Logistics accomplished the transport using a custom-built so-called modular axle trailing combination, employing two 8×4 tractors designed by Universal Transport—the heavy-load specialist integrated into the company three years ago.

“To realize this almost impossible undertaking, our engineering team led by project manager Martin Ludvik applied its extensive expertise and persistence to the task and, thanks to this great commitment, ultimately found a way to bring the Airbus fuselage to Serengeti Park. Together with the drivers, the preparatory measures along the route, and in close coordination with our client Serengeti Park, we have now successfully completed this challenging project,” emphasizes Michael Gruber, Managing Director of Gruber Logistics Germany.

Fabrizio Sepe, Managing Director of Serengeti Park, reflects after exciting years of planning: “We are delighted that the Airbus A310 has now reached its final position in the park. We will now convert it into an attractive restaurant for our guests, making it another highlight of our facility. Gruber Logistics has accomplished a logistical masterpiece here.”

 
 

6 November 2025 |

Bertling launches LinkedIn page

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F.H. Bertling Shipping is pleased to announce the launch of its official LinkedIn page.

This new platform will serve as a central hub for sharing company updates, industry insights, and news from across our global shipping, chartering, and broking activities.

As a trusted partner in the maritime sector, we look forward to strengthening our digital presence and engaging with clients, partners, and professionals from around the world.

Visitors can expect regular updates on our latest voyages and projects, news from the Bertling Fleet, and perspectives on market developments and trends shaping the industry.

 
 

F.H. Bertling Shipping is pleased to announce the launch of its official LinkedIn page.

This new platform will serve as a central hub for sharing company updates, industry insights, and news from across our global shipping, chartering, and broking activities.

As a trusted partner in the maritime sector, we look forward to strengthening our digital presence and engaging with clients, partners, and professionals from around the world.

Visitors can expect regular updates on our latest voyages and projects, news from the Bertling Fleet, and perspectives on market developments and trends shaping the industry.

 
 

6 November 2025 |

ACF 2025: A resounding success for the industry…and Freightweek

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Tiaca’s Air Cargo Forum (ACF) 2025 in Abu Dhabi offered Freightweek the opportunity to hobnob with the great and the good of the logistics sector.

In attendance, managing director Richard Broom, described the show as offering chances for unparalleled global networking, adding that it was fantastic to see that industry was continuing to thrive.

 
 

Tiaca’s Air Cargo Forum (ACF) 2025 in Abu Dhabi offered Freightweek the opportunity to hobnob with the great and the good of the logistics sector.

In attendance, managing director Richard Broom, described the show as offering chances for unparalleled global networking, adding that it was fantastic to see that industry was continuing to thrive.

 
 

5 November 2025 |

Central Oceans Singapore is certified for bizSAFE 3

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The Central Oceans team in Singapore successfully completed the audit for bizSAFE 3.

The bizSAFE 3 is a certification in Singapore that signifies that a company has conducted a risk assessment for all its activities and implemented a risk management system that complies with WSH (Risk Management) Regulations.

Achieving this level requires an independent audit by an independent, Ministry of Manpower approved auditor to verify the risk management plan, and the certification is valid for three years.

It’s Central Oceans’ continued movement toward a safer workplace culture!

 
 

The Central Oceans team in Singapore successfully completed the audit for bizSAFE 3.

The bizSAFE 3 is a certification in Singapore that signifies that a company has conducted a risk assessment for all its activities and implemented a risk management system that complies with WSH (Risk Management) Regulations.

Achieving this level requires an independent audit by an independent, Ministry of Manpower approved auditor to verify the risk management plan, and the certification is valid for three years.

It’s Central Oceans’ continued movement toward a safer workplace culture!

 
 

5 November 2025 |

CEVA signs contract with Iveco Group

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CEVA Logistics, a global leader in third-party logistics, signed a new contract with Iveco Group to operate a new 20,000-square-meter distribution center in Pouso, Alegre (Minas Gerais), Brazil.

Iveco, a global leader in the automotive industry, invested R$93 million in the development of the new Parts Distribution Center to support the growth of Iveco Group’s brands in Latin America and to enhance speed and efficiency in customer supply.

The construction of the new distribution center began in June with operations expected to begin in April 2026, replacing the current operation in Sorocaba, São Paulo, due to capacity constraints. The new Parts Distribution Center will occupy 20,000 square meters and boast state-of-the-art technology, creating a strategic hub for Iveco to better connect customers and suppliers while expanding its logistics operation. CEVA Logistics will be responsible for managing the site, including the logistics infrastructure, shipping and handling of Iveco Group’s materials.

The new warehouse will leverage a wireless warehouse management system (WMS), enabling traceability and real-time control of product movements. The technology aims to ensure greater speed, efficiency and accuracy in deliveries. The new facility was planned with future expansion in mind, enabling nimble growth and agile operations. The new venture will boost the local employment market and strengthen the Minas Gerais area as a strategic hub for national logistics.

CEVA Logistics has significantly expanded its warehousing operations in Brazil, reinforcing its position as one of the country’s main contract logistics players, including increasing its warehouse capacity by more than 150,000 square meters during the past 12 months, reaching a total of nearly 300,000 square meters nationwide. More than R$100 million has been invested in these operations, with an additional 120,000 square meters to be added by the end of 2025 and another 200,000 square meters planned for the following three years, all with the goal of 620,000 square meters of contract logistics space across the region by 2028. With both dedicated and multi-customer sites across the country, CEVA supports key sectors such as eCommerce, technology, automotive, beauty and healthcare.

This strong expansion reflects CEVA’s strategic focus in developing its large-scale and complex warehouse management solutions and delivering operational excellence, efficiency, and innovation for its customers.

Daniel Cortazzo, Automotive Sector Leader Director, LATAM, CEVA Logistics, said: “This new agreement with Iveco Group reinforces our partnership and reflects CEVA’s commitment to operational excellence and innovation in Brazil. The new Pouso Alegre Distribution Center will strengthen our strategic presence in the region and enable us to deliver even greater efficiency, agility, and service quality to Iveco Group’s growing operations in the region.”

Karel Novák, Head of Quality & Operations, LATAM, Iveco Group, said: “The new Parts Distribution Center is foundational in our business expansion and to enhance speed and efficiency in customer supply. CEVA Logistics and Iveco share a common vision, and we believe this new Distribution Center is a fundamental pillar to enable significant operational gains for Iveco Group, paving the way for future growth.”

 
 

CEVA Logistics, a global leader in third-party logistics, signed a new contract with Iveco Group to operate a new 20,000-square-meter distribution center in Pouso, Alegre (Minas Gerais), Brazil.

Iveco, a global leader in the automotive industry, invested R$93 million in the development of the new Parts Distribution Center to support the growth of Iveco Group’s brands in Latin America and to enhance speed and efficiency in customer supply.

The construction of the new distribution center began in June with operations expected to begin in April 2026, replacing the current operation in Sorocaba, São Paulo, due to capacity constraints. The new Parts Distribution Center will occupy 20,000 square meters and boast state-of-the-art technology, creating a strategic hub for Iveco to better connect customers and suppliers while expanding its logistics operation. CEVA Logistics will be responsible for managing the site, including the logistics infrastructure, shipping and handling of Iveco Group’s materials.

The new warehouse will leverage a wireless warehouse management system (WMS), enabling traceability and real-time control of product movements. The technology aims to ensure greater speed, efficiency and accuracy in deliveries. The new facility was planned with future expansion in mind, enabling nimble growth and agile operations. The new venture will boost the local employment market and strengthen the Minas Gerais area as a strategic hub for national logistics.

CEVA Logistics has significantly expanded its warehousing operations in Brazil, reinforcing its position as one of the country’s main contract logistics players, including increasing its warehouse capacity by more than 150,000 square meters during the past 12 months, reaching a total of nearly 300,000 square meters nationwide. More than R$100 million has been invested in these operations, with an additional 120,000 square meters to be added by the end of 2025 and another 200,000 square meters planned for the following three years, all with the goal of 620,000 square meters of contract logistics space across the region by 2028. With both dedicated and multi-customer sites across the country, CEVA supports key sectors such as eCommerce, technology, automotive, beauty and healthcare.

This strong expansion reflects CEVA’s strategic focus in developing its large-scale and complex warehouse management solutions and delivering operational excellence, efficiency, and innovation for its customers.

Daniel Cortazzo, Automotive Sector Leader Director, LATAM, CEVA Logistics, said: “This new agreement with Iveco Group reinforces our partnership and reflects CEVA’s commitment to operational excellence and innovation in Brazil. The new Pouso Alegre Distribution Center will strengthen our strategic presence in the region and enable us to deliver even greater efficiency, agility, and service quality to Iveco Group’s growing operations in the region.”

Karel Novák, Head of Quality & Operations, LATAM, Iveco Group, said: “The new Parts Distribution Center is foundational in our business expansion and to enhance speed and efficiency in customer supply. CEVA Logistics and Iveco share a common vision, and we believe this new Distribution Center is a fundamental pillar to enable significant operational gains for Iveco Group, paving the way for future growth.”

 
 

5 November 2025 |

Ownership realignment takes place among ScotWind shareholder

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DEME announced today that an ownership realignment has taken place among the shareholders in the ScotWind project.

As a result, DEME Concessions and Aspiravi International have become joint owners of the Bowdun Offshore Wind Farm.
This strategic realignment is designed to streamline operations and leverage the strengths of the partners in their respective areas of expertise.

Following the realignment, DEME Concessions and Aspiravi International have increased their stakes in the Bowdun Offshore Wind Farm and are now joint owners, holding 70% and 30% respectively. The 1 GW Bowdun project, situated 44 km from Stonehaven, Aberdeenshire (UK), in waters less than 70 m deep, is ideally suited for fixed-foundation turbines, most likely supported by jacket foundations. Construction is expected to commence in 2031.

At the same time, DEME Concessions and Aspiravi International have exited the Ayre Offshore Wind Farm project. Qair International has exited the Bowdun Offshore Wind Farm project and has become the sole owner of the Ayre Offshore Wind Farm, which will feature floating foundation turbines.

All partners remain active in Thistle Wind Partners (TWP) – the joint venture between DEME, Qair International, and Aspiravi International – which continues to play a key role in supporting the successful preparation and delivery of both the Bowdun and Ayre offshore wind projects.

 
 

DEME announced today that an ownership realignment has taken place among the shareholders in the ScotWind project.

As a result, DEME Concessions and Aspiravi International have become joint owners of the Bowdun Offshore Wind Farm.
This strategic realignment is designed to streamline operations and leverage the strengths of the partners in their respective areas of expertise.

Following the realignment, DEME Concessions and Aspiravi International have increased their stakes in the Bowdun Offshore Wind Farm and are now joint owners, holding 70% and 30% respectively. The 1 GW Bowdun project, situated 44 km from Stonehaven, Aberdeenshire (UK), in waters less than 70 m deep, is ideally suited for fixed-foundation turbines, most likely supported by jacket foundations. Construction is expected to commence in 2031.

At the same time, DEME Concessions and Aspiravi International have exited the Ayre Offshore Wind Farm project. Qair International has exited the Bowdun Offshore Wind Farm project and has become the sole owner of the Ayre Offshore Wind Farm, which will feature floating foundation turbines.

All partners remain active in Thistle Wind Partners (TWP) – the joint venture between DEME, Qair International, and Aspiravi International – which continues to play a key role in supporting the successful preparation and delivery of both the Bowdun and Ayre offshore wind projects.

 
 

5 November 2025 |

WALLENIUS SOL announces strategic appointments

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To further enhance WALLENIUS SOLs operational capacity and future-proof the organization, WALLENIUS SOL are pleased to announce two strategic appointments to the management team.

Henrik Karle, previously Chief Operating Officer, will now take on the role as Fleet Director/Chief Technical Officer (CTO). In this role, Henrik will focus on developing and optimizing our fleet, with a strong emphasis on long-term sustainability, efficiency, and technical advancement. He will also oversee all newbuild projects and ensure that our fleet’s hardware – including vessel systems, bunkering, and insurance – remains cost-effective, safe, and compliant with regulations. He will also be responsible for Procurement.

“This role allows me to draw on my experience to further strengthen Wallenius SOL’s technical and operational performance in line with our continued growth. Our vessels are, in many ways, a craft – constantly evolving in form and functionality – and I look forward to driving our fleets future development.” Henrik Karle, Fleet Director/ CTO.

Mathias Arnbert, formerly Trade Operations Manager, has been appointed Chief Operating Officer (COO). Mathias brings a wealth of operational experience and a deep understanding of our business. As COO, he will be responsible for all operational activities, ensuring our services meet both short- and long-term goals in terms of performance, efficiency, and customer value.

We are confident that these changes will strengthen our organization and support our continued growth journey.

“I take on the role of COO for WALLENIUS SOL with great energy and commitment. We have a strong team, and I look forward to continuing to develop our operations, with a strong focus on the line and driving its productivity and results forward. Through this change, we will continue to improve interdepartmental collaboration, streamline processes, and simplify communication.” Mathias Arnbert, COO.

 
 

To further enhance WALLENIUS SOLs operational capacity and future-proof the organization, WALLENIUS SOL are pleased to announce two strategic appointments to the management team.

Henrik Karle, previously Chief Operating Officer, will now take on the role as Fleet Director/Chief Technical Officer (CTO). In this role, Henrik will focus on developing and optimizing our fleet, with a strong emphasis on long-term sustainability, efficiency, and technical advancement. He will also oversee all newbuild projects and ensure that our fleet’s hardware – including vessel systems, bunkering, and insurance – remains cost-effective, safe, and compliant with regulations. He will also be responsible for Procurement.

“This role allows me to draw on my experience to further strengthen Wallenius SOL’s technical and operational performance in line with our continued growth. Our vessels are, in many ways, a craft – constantly evolving in form and functionality – and I look forward to driving our fleets future development.” Henrik Karle, Fleet Director/ CTO.

Mathias Arnbert, formerly Trade Operations Manager, has been appointed Chief Operating Officer (COO). Mathias brings a wealth of operational experience and a deep understanding of our business. As COO, he will be responsible for all operational activities, ensuring our services meet both short- and long-term goals in terms of performance, efficiency, and customer value.

We are confident that these changes will strengthen our organization and support our continued growth journey.

“I take on the role of COO for WALLENIUS SOL with great energy and commitment. We have a strong team, and I look forward to continuing to develop our operations, with a strong focus on the line and driving its productivity and results forward. Through this change, we will continue to improve interdepartmental collaboration, streamline processes, and simplify communication.” Mathias Arnbert, COO.

 
 

4 November 2025 |

San Lorenzo and Tadano achieve first operation

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Sizzling heat during the day, icy cold at night – these were the harsh weather conditions awaiting a four-person Tadano team and a CC 38.650-1 lattice boom crawler crane at the Cerro Verde copper mine in Peru.

The plan was for Peruvian crane service provider San Lorenzo’s brand new crane to set up a 247-tonne section of a conveyor belt that would be used to move gravel and rocks from the bottom of the mine upwards. The Tadano team took care of setting up, commissioning, and handing over the crane, as well as of training the San Lorenzo team in how to operate their new CC 38.650-1.

“The reason we decided on the extremely versatile CC 38.650-1 for this grueling job was the fact that it’s an incredibly powerful and rugged machine that can handle the kind of conditions you find at this type of mine day in, day out. Those conditions entail a lot of wear, so it was good to have the Peruvian TÜV office confirm it by approving the Tadano CC 38.650-1 for unlimited use at all mines in South America. And then, of course, you have the fact that the crane’s design is cleverly and systematically optimized for transportation, so it was relatively easy to bring the unit to what ultimately was a work site that is normally difficult to access,” explains Tadano Technical Training instructor Sönke Eichhorn, who traveled all the way from Zweibrücken for the job.

His mission, as well as that of his Tadano co-workers Domagoj Bozic, Jair Solís, and Leandro Henrique Ribeiro Oliveira, was to ensure that the crane would be fully set up at the mine with an SSL_1 configuration including an 84-meter main boom, Vario-SL system, ramshorn hook block, 225 tonnes of counterweight, and 245 tonnes of Superlift counterweight within six weeks. “As we all know, setting up the CC 38.650-1 usually takes just a few days. However, we used the job as an opportunity to set up the crane together with the customer’s personnel – the first time they’d be doing it, in fact – and provide training for the San Lorenzo team and our employees throughout the whole process,” Sönke Eichhorn says when explaining why the setup time was so unusually long.

Before all that could happen, however, the crane had to be shipped from Germany to Peru. Once at the Port of Callao in Lima, it was taken to San Lorenzo’s premises in Arequipa first, and from there resumed its journey with a total of 28 trucks to the Cerro Verde mine at an altitude of 2700 meters. Unlike the crane though, the Tadano team first had a layover at the hospital operated by the Cerro Verde mine operator. “We had to have a medical examination there just to make sure that we were healthy and in good enough physical shape for the strenuous work that awaited us in that harsh environment,” Sönke Eichhorn reports. Once everyone had been cleared, the team was briefed on the various work, health and safety rules for the mine at the Cerro Verde training center. “The work there is obviously not without its dangers, so the rules were pretty strict,” explains Sönke Eichhorn, who found the work site to be extremely loud, dusty, and harsh in general – a real test of strength for man and machine, he adds.

Despite the adverse surroundings, the team was able to set up the crane for the first time on schedule while providing all the planned training, so that the assembly process for the conveyor belt was able to start as expected. A Tadano AC 5.220-1 was deployed as an auxiliary crane to assist in the assembly of the CC 38.650-1. It had been driven to the mine all by its own and that was able to handle the extreme conditions on site just as well as the crawler crane. Once fully assembled, the CC 38.650-1 placed the first 80-meter-long, 247-tonne section of the conveyor belt on two previously erected supports. The procedure will be repeated numerous times until the conveyor belt has been fully assembled with its complete length of 900 meters and reached the bottom of the mine.

Although the Tadano team has been back home for quite a while now, the CC 38.650-1 will be staying at the mine for another five years. “We have more than enough work for it,” assures San Lorenzo Service Manager Victor Condori, who had effusive words of praise for the Tadano instructor team: “We’re tremendously grateful that Sönke and his colleagues went all in to help us set up the CC 38.650-1 for the first time ever despite the tough conditions at our mine. We worked together incredibly smoothly, and to tell you the truth, the training they provided was simply perfect,” he says on behalf the entire San Lorenzo team.

 
 

Sizzling heat during the day, icy cold at night – these were the harsh weather conditions awaiting a four-person Tadano team and a CC 38.650-1 lattice boom crawler crane at the Cerro Verde copper mine in Peru.

The plan was for Peruvian crane service provider San Lorenzo’s brand new crane to set up a 247-tonne section of a conveyor belt that would be used to move gravel and rocks from the bottom of the mine upwards. The Tadano team took care of setting up, commissioning, and handing over the crane, as well as of training the San Lorenzo team in how to operate their new CC 38.650-1.

“The reason we decided on the extremely versatile CC 38.650-1 for this grueling job was the fact that it’s an incredibly powerful and rugged machine that can handle the kind of conditions you find at this type of mine day in, day out. Those conditions entail a lot of wear, so it was good to have the Peruvian TÜV office confirm it by approving the Tadano CC 38.650-1 for unlimited use at all mines in South America. And then, of course, you have the fact that the crane’s design is cleverly and systematically optimized for transportation, so it was relatively easy to bring the unit to what ultimately was a work site that is normally difficult to access,” explains Tadano Technical Training instructor Sönke Eichhorn, who traveled all the way from Zweibrücken for the job.

His mission, as well as that of his Tadano co-workers Domagoj Bozic, Jair Solís, and Leandro Henrique Ribeiro Oliveira, was to ensure that the crane would be fully set up at the mine with an SSL_1 configuration including an 84-meter main boom, Vario-SL system, ramshorn hook block, 225 tonnes of counterweight, and 245 tonnes of Superlift counterweight within six weeks. “As we all know, setting up the CC 38.650-1 usually takes just a few days. However, we used the job as an opportunity to set up the crane together with the customer’s personnel – the first time they’d be doing it, in fact – and provide training for the San Lorenzo team and our employees throughout the whole process,” Sönke Eichhorn says when explaining why the setup time was so unusually long.

Before all that could happen, however, the crane had to be shipped from Germany to Peru. Once at the Port of Callao in Lima, it was taken to San Lorenzo’s premises in Arequipa first, and from there resumed its journey with a total of 28 trucks to the Cerro Verde mine at an altitude of 2700 meters. Unlike the crane though, the Tadano team first had a layover at the hospital operated by the Cerro Verde mine operator. “We had to have a medical examination there just to make sure that we were healthy and in good enough physical shape for the strenuous work that awaited us in that harsh environment,” Sönke Eichhorn reports. Once everyone had been cleared, the team was briefed on the various work, health and safety rules for the mine at the Cerro Verde training center. “The work there is obviously not without its dangers, so the rules were pretty strict,” explains Sönke Eichhorn, who found the work site to be extremely loud, dusty, and harsh in general – a real test of strength for man and machine, he adds.

Despite the adverse surroundings, the team was able to set up the crane for the first time on schedule while providing all the planned training, so that the assembly process for the conveyor belt was able to start as expected. A Tadano AC 5.220-1 was deployed as an auxiliary crane to assist in the assembly of the CC 38.650-1. It had been driven to the mine all by its own and that was able to handle the extreme conditions on site just as well as the crawler crane. Once fully assembled, the CC 38.650-1 placed the first 80-meter-long, 247-tonne section of the conveyor belt on two previously erected supports. The procedure will be repeated numerous times until the conveyor belt has been fully assembled with its complete length of 900 meters and reached the bottom of the mine.

Although the Tadano team has been back home for quite a while now, the CC 38.650-1 will be staying at the mine for another five years. “We have more than enough work for it,” assures San Lorenzo Service Manager Victor Condori, who had effusive words of praise for the Tadano instructor team: “We’re tremendously grateful that Sönke and his colleagues went all in to help us set up the CC 38.650-1 for the first time ever despite the tough conditions at our mine. We worked together incredibly smoothly, and to tell you the truth, the training they provided was simply perfect,” he says on behalf the entire San Lorenzo team.

 
 

3 November 2025 |

HOPA appoints Cathie Puckering to its Board of Directors

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HOPA Ports is pleased to announce the appointment of Cathie Puckering as the Municipal Appointment to its Board of Directors, following a collaborative process between the municipalities of Hamilton and Oshawa.

Cathie brings a wealth of experience and leadership to the organization, with a career that spans more than four decades across aviation, transportation, and community engagement.

Cathie currently serves as Vice President of Government and Airline Affairs for Vantage Group, a role she assumed in 2025 during her semi-retirement. Prior to this, she led the Canadian Network for Vantage Group as Vice President and Head, following a 23-year tenure with TradePort International Corporation.

At TradePort, she advanced through progressively senior roles, culminating in her appointment as President and CEO of Hamilton International Airport in 2018. Under her leadership, the airport achieved significant growth and operational excellence, reinforcing Cathie’s reputation as a strategic and visionary leader in the Canadian aviation sector.

Before entering aviation, Cathie spent 18 years with CARSTAR Automotive Canada, serving in key leadership positions, including Controller and Chief Information Officer. She holds an Honours Bachelor of Commerce degree from Laurentian University and is a Chartered Professional Accountant (CPA, CGA).

Cathie was appointed Honorary Colonel of the 436 Transport Squadron at 8 Wing Trenton in 2019, a role she held until 2024. Today, she continues to support Canada’s military as an active member of the Royal Canadian Air Force Foundation Advisory Council. She also serves on the Innovation Factory Board, and is involved with community organizations including Liberty for Youth, CityKidz, United Way, Elevate Aviation, and others.

“Cathie’s deep understanding of transportation and financial management, combined with her commitment to community and innovation, will be an incredible asset to HOPA’s Board,” said Anne Waldes, Chair of the Board of Directors, HOPA Ports. “Her leadership experience and strategic insight will help guide HOPA as it continues to grow and strengthen its role in Ontario’s economy.”

 
 

HOPA Ports is pleased to announce the appointment of Cathie Puckering as the Municipal Appointment to its Board of Directors, following a collaborative process between the municipalities of Hamilton and Oshawa.

Cathie brings a wealth of experience and leadership to the organization, with a career that spans more than four decades across aviation, transportation, and community engagement.

Cathie currently serves as Vice President of Government and Airline Affairs for Vantage Group, a role she assumed in 2025 during her semi-retirement. Prior to this, she led the Canadian Network for Vantage Group as Vice President and Head, following a 23-year tenure with TradePort International Corporation.

At TradePort, she advanced through progressively senior roles, culminating in her appointment as President and CEO of Hamilton International Airport in 2018. Under her leadership, the airport achieved significant growth and operational excellence, reinforcing Cathie’s reputation as a strategic and visionary leader in the Canadian aviation sector.

Before entering aviation, Cathie spent 18 years with CARSTAR Automotive Canada, serving in key leadership positions, including Controller and Chief Information Officer. She holds an Honours Bachelor of Commerce degree from Laurentian University and is a Chartered Professional Accountant (CPA, CGA).

Cathie was appointed Honorary Colonel of the 436 Transport Squadron at 8 Wing Trenton in 2019, a role she held until 2024. Today, she continues to support Canada’s military as an active member of the Royal Canadian Air Force Foundation Advisory Council. She also serves on the Innovation Factory Board, and is involved with community organizations including Liberty for Youth, CityKidz, United Way, Elevate Aviation, and others.

“Cathie’s deep understanding of transportation and financial management, combined with her commitment to community and innovation, will be an incredible asset to HOPA’s Board,” said Anne Waldes, Chair of the Board of Directors, HOPA Ports. “Her leadership experience and strategic insight will help guide HOPA as it continues to grow and strengthen its role in Ontario’s economy.”

 
 

3 November 2025 |

ABL France announces key team appointments

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ABL France is pleased to announce two strategic team appointments, reinforcing its leadership and specialised expertise in supporting French offshore wind and floating wind transport & installation (T&I) projects.

ABL France is delighted to announce the appointment of Maxime Pottier as Head of the Marine Warranty Survey (MWS) Team.

Maxime joined ABL France in April 2024 as Principal Naval Architect and MWS Project Manager, bringing over 17 years of experience as a Marine Warranty Surveyor and Marine Engineer in France and internationally. His career spans major offshore installation projects in France, Angola, Norway, and the Gulf of Mexico.

Since joining ABL, Maxime has led MWS missions on French offshore wind farms, consistently demonstrating technical excellence and strong leadership. In his new role, Maxime will lead the MWS France team, ensuring a safety and quality-first approach, while exploring innovative solutions to deliver added value for clients’ offshore wind and floating wind projects.

ABL France also welcomes Kevin Vincent to the Owner’s Engineer team as Senior Transport & Installation Engineer.

With more than a decade of experience in the offshore wind and oil & gas sectors, Kevin has worked as a T&I engineer, project engineer, operations engineer, project manager, and commercial engineer. His expertise covers offshore wind T&I, floating wind technology, and marine engineering in France.

Prior to joining ABL, Kevin worked extensively in the floating wind turbine sector, including as Lead T&I Engineer for the EFGL project and Senior T&I Engineer for BlueFloat Energy and Principal Power.

“These appointments reflect our ongoing commitment to providing the best technical offering to our clients across the marine and offshore renewables space in France, as well as to support projects in Iberia and Benelux countries. Kevin and Maxime bring exception experience in offshore wind T&I and engineering, including highly specialised expertise in floating wind. I am very pleased to welcome them both into their new roles.” Fabien Thomas, Country Manager, ABL France.

ABL France is part of the Oslo-listed global consultancy in energy and oceans, ABL Group.

 
 

ABL France is pleased to announce two strategic team appointments, reinforcing its leadership and specialised expertise in supporting French offshore wind and floating wind transport & installation (T&I) projects.

ABL France is delighted to announce the appointment of Maxime Pottier as Head of the Marine Warranty Survey (MWS) Team.

Maxime joined ABL France in April 2024 as Principal Naval Architect and MWS Project Manager, bringing over 17 years of experience as a Marine Warranty Surveyor and Marine Engineer in France and internationally. His career spans major offshore installation projects in France, Angola, Norway, and the Gulf of Mexico.

Since joining ABL, Maxime has led MWS missions on French offshore wind farms, consistently demonstrating technical excellence and strong leadership. In his new role, Maxime will lead the MWS France team, ensuring a safety and quality-first approach, while exploring innovative solutions to deliver added value for clients’ offshore wind and floating wind projects.

ABL France also welcomes Kevin Vincent to the Owner’s Engineer team as Senior Transport & Installation Engineer.

With more than a decade of experience in the offshore wind and oil & gas sectors, Kevin has worked as a T&I engineer, project engineer, operations engineer, project manager, and commercial engineer. His expertise covers offshore wind T&I, floating wind technology, and marine engineering in France.

Prior to joining ABL, Kevin worked extensively in the floating wind turbine sector, including as Lead T&I Engineer for the EFGL project and Senior T&I Engineer for BlueFloat Energy and Principal Power.

“These appointments reflect our ongoing commitment to providing the best technical offering to our clients across the marine and offshore renewables space in France, as well as to support projects in Iberia and Benelux countries. Kevin and Maxime bring exception experience in offshore wind T&I and engineering, including highly specialised expertise in floating wind. I am very pleased to welcome them both into their new roles.” Fabien Thomas, Country Manager, ABL France.

ABL France is part of the Oslo-listed global consultancy in energy and oceans, ABL Group.

 
 

3 November 2025 |

Huisman introduces Rope Vision

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Huisman announces the launch of Rope Vision, an advanced automated visual inspection tool designed to enhance the reliability and safety of wire rope operations.

Specifically aimed at wire ropes of heavy lifting cranes which are used extensively and intensively, Rope Vision enables predictable maintenance powered by data, helping teams make smarter decisions and reduce unplanned downtime.

Rope Vision integrates high resolution visual scans with crane controlled measured usage data and wire rope conditions. Enabling predictability of the remaining wire rope lifetime expectancy and supporting timely maintenance planning. By measuring and analysing key parameters including lay length, diameter, broken wires and protrusions, a severity rating, based on ISO 4309 standards, is given to the wire rope. This data-driven approach enhances safety, extends wire rope lifespan and improves asset efficiency by enabling precise anticipation of maintenance needs and reducing unforeseen downtime.

Martijn Reissenweber, Director Services at Huisman said: “Rope Vision represents a significant step forward in how we manage wire rope integrity. This is more than just a new tool, it’s a strategic shift in how we leverage automating inspections and intelligent data analysis. Instead of reacting to wear and tear, we offer the possibility to schedule maintenance proactively.”

 
 

Huisman announces the launch of Rope Vision, an advanced automated visual inspection tool designed to enhance the reliability and safety of wire rope operations.

Specifically aimed at wire ropes of heavy lifting cranes which are used extensively and intensively, Rope Vision enables predictable maintenance powered by data, helping teams make smarter decisions and reduce unplanned downtime.

Rope Vision integrates high resolution visual scans with crane controlled measured usage data and wire rope conditions. Enabling predictability of the remaining wire rope lifetime expectancy and supporting timely maintenance planning. By measuring and analysing key parameters including lay length, diameter, broken wires and protrusions, a severity rating, based on ISO 4309 standards, is given to the wire rope. This data-driven approach enhances safety, extends wire rope lifespan and improves asset efficiency by enabling precise anticipation of maintenance needs and reducing unforeseen downtime.

Martijn Reissenweber, Director Services at Huisman said: “Rope Vision represents a significant step forward in how we manage wire rope integrity. This is more than just a new tool, it’s a strategic shift in how we leverage automating inspections and intelligent data analysis. Instead of reacting to wear and tear, we offer the possibility to schedule maintenance proactively.”

 
 

30 October 2025 |

OWC and Hidromod to support surveys in Portugal

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The Portuguese Institute for Sea and Atmosphere (IPMA) has appointed ABL Group company OWC and Hidromod to support the geophysical and geotechnical surveys at two wind farm areas offshore Portugal.

IPMA is Portugal’s national authority for meteorology, aeronautical meteorology, climate, seismology, and geomagnetism. The organisation is currently leading a geophysical and geotechnical survey over two areas from the Allocation Plan for Offshore Renewable Energy (PAER) – Leixões and Figueira da Foz.

Renewable energy consultancy OWC will provide specialist geophysical and geotechnical client representatives to oversee the offshore surveys with support from Portugal-based water and environmental consultants, Hidromod – also part of ABL Group. The purpose is to secure high HSE standards, perform quality control of offshore activities, and ensure that data collection and the technical survey scopes are completed in-line with IPMA’s requirements.

“We are pleased that IPMA has chosen OWC’s technical and operational expertise to support these nationally significant renewable projects, and we are glad to have Hidromod’s capabilities within ABL Group to add value to this project and provide an in-country presence for the client,” says Tom Gray, subsurface director and global client representative service line lead at OWC.

“This project allows us to combine our local site and industry knowledge with OWC’s strong global track record from provision of client representatives for the renewables market,” says José Chambel Leitão, founder and managing director of Hidromod.

“These are important wind farm areas for the development of offshore renewable energy in Portugal. To play a small part in the early stages of these potential projects is both rewarding and exciting for our local team,” says Ana Pirrone, OWC’s country manager for Portugal and Spain.

 
 

The Portuguese Institute for Sea and Atmosphere (IPMA) has appointed ABL Group company OWC and Hidromod to support the geophysical and geotechnical surveys at two wind farm areas offshore Portugal.

IPMA is Portugal’s national authority for meteorology, aeronautical meteorology, climate, seismology, and geomagnetism. The organisation is currently leading a geophysical and geotechnical survey over two areas from the Allocation Plan for Offshore Renewable Energy (PAER) – Leixões and Figueira da Foz.

Renewable energy consultancy OWC will provide specialist geophysical and geotechnical client representatives to oversee the offshore surveys with support from Portugal-based water and environmental consultants, Hidromod – also part of ABL Group. The purpose is to secure high HSE standards, perform quality control of offshore activities, and ensure that data collection and the technical survey scopes are completed in-line with IPMA’s requirements.

“We are pleased that IPMA has chosen OWC’s technical and operational expertise to support these nationally significant renewable projects, and we are glad to have Hidromod’s capabilities within ABL Group to add value to this project and provide an in-country presence for the client,” says Tom Gray, subsurface director and global client representative service line lead at OWC.

“This project allows us to combine our local site and industry knowledge with OWC’s strong global track record from provision of client representatives for the renewables market,” says José Chambel Leitão, founder and managing director of Hidromod.

“These are important wind farm areas for the development of offshore renewable energy in Portugal. To play a small part in the early stages of these potential projects is both rewarding and exciting for our local team,” says Ana Pirrone, OWC’s country manager for Portugal and Spain.

 
 

30 October 2025 |

Mammoet launches Industrial Solutions

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Mammoet has launched Industrial Solutions.

It expands the company’s successful portfolio by providing installation solutions for large-scale and complex industrial projects across Europe’s high-tech, process, energy, and heavy industry.

Mammoet recognized a growing market demand for industrial installation services. With the launch of its new business offering, the company strengthens its commitment to supporting clients throughout the wider installation scope and sets a strategic course for future growth.

This new business offering is managed by Mammoet in Germany, where the company has been successfully realizing projects of this kind for many years.

“With deep expertise and decades of experience in moving and installing heavy items and complex systems, Industrial Solutions is ideally positioned to meet the growing and evolving demands of industrial markets across Europe”, explains Jens Krawczynski, Managing Director of Mammoet in Germany.

The key advantage of Industrial Solutions is its ability to simplify complex installation projects, providing offers a single-source approach. It combines highly skilled engineering and installation teams, all the necessary equipment for installation, lifting, transportation and third-party coordination.

This provides clients with an efficient, safe and seamless path from planning to execution.

“Many clients seek partners capable of handling the wider process – from engineering, pre-installation and installation to positioning, surveying and documentation, as well as transportation and lifting,” explains Jens Krawczynski. “By coordinating the wider installation scope, we increase efficiency, reduce interfaces and coordination efforts, and significantly simplify project execution for clients.”

The new business offering, Industrial Solutions, offers the same mix of local expertise and global engineering knowledge hubs for more complex installations enjoyed by wider Mammoet customers.

 
 

Mammoet has launched Industrial Solutions.

It expands the company’s successful portfolio by providing installation solutions for large-scale and complex industrial projects across Europe’s high-tech, process, energy, and heavy industry.

Mammoet recognized a growing market demand for industrial installation services. With the launch of its new business offering, the company strengthens its commitment to supporting clients throughout the wider installation scope and sets a strategic course for future growth.

This new business offering is managed by Mammoet in Germany, where the company has been successfully realizing projects of this kind for many years.

“With deep expertise and decades of experience in moving and installing heavy items and complex systems, Industrial Solutions is ideally positioned to meet the growing and evolving demands of industrial markets across Europe”, explains Jens Krawczynski, Managing Director of Mammoet in Germany.

The key advantage of Industrial Solutions is its ability to simplify complex installation projects, providing offers a single-source approach. It combines highly skilled engineering and installation teams, all the necessary equipment for installation, lifting, transportation and third-party coordination.

This provides clients with an efficient, safe and seamless path from planning to execution.

“Many clients seek partners capable of handling the wider process – from engineering, pre-installation and installation to positioning, surveying and documentation, as well as transportation and lifting,” explains Jens Krawczynski. “By coordinating the wider installation scope, we increase efficiency, reduce interfaces and coordination efforts, and significantly simplify project execution for clients.”

The new business offering, Industrial Solutions, offers the same mix of local expertise and global engineering knowledge hubs for more complex installations enjoyed by wider Mammoet customers.

 
 

30 October 2025 |
FreightHub
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