Toshio Yamazaki News

Bremen-based shipping company Harren & Partner and "K" Line, Tokyo, have reached an agreement for Harren & Partner to acquire German carrier SAL Heavy Lift today (27 July 2017). SAL will become the new dominant player in the super heavy lift segment (900 t to 2,000 t crane capacity). SAL Heavy Lift, founded in 1980 in the "Altes Land" area near Hamburg, is one of the world's leading carriers specialised in the sea transport of heavy lift and project cargo. Its offshore subsidiary, SAL Offshore, develops and supplies installation solutions for the oil & gas and renewables sectors. Part of the "K" Line Group since 2011, SAL has access to a highly flexible fleet of 15 heavy lift vessels and a worldwide network with offices and agencies in 25 countries.

Long-term Partner „K“ Line Acquires 100 Per Cent of Shares New Ownership Structure at SAL Schiffahrtskontor Altes Land With effect from 30th of June 2011, the Japanese shipping company Kawasaki Kisen Kaisha, Ltd. (“K” Line Group) will acquire another 50 per cent of the SAL Group and with that will become the sole shareholder of the company. Over the past five years, the two companies have developed a successful partnership through their joint venture. The „K“ Line Management highly…