DALLAS — The Crosby Group (“Crosby”), a leading global provider of lifting, rigging, and material handling hardware, today announced that it has entered into an agreement to acquire Gunnebo Industrier Holding AB from Segulah, a Nordic private equity firm, and that all closing conditions hav...

China based high quality grade 80 and grade 100 rigging accessories manufacturer Shandong Shenli Rigging Co., Ltd. (hereinafter referred as Shenli Rigging) recently launched four workshops for senior engineers to work on machinery engineering, forging, technical support maintenance and welding re...

Last year, Van Beest announced that the Excel® brand would merge into Green Pin® in order to create one big premium brand for all below-the-hook fittings. Early this year, the group announce the following: The first production batches with products with the new Green Pin® markings from the produc...

Dallas, Texas-based The Crosby Group LLC, the largest lifting, rigging, and material handling hardware company in the world, has completed the acquisition of Straightpoint UK (SP), a leading manufacturer of load cells and force measurement equipment. The value of the transaction is not disclosed....

At an official signing on Day 2 of OSEA2018, Singapore-based, Franklin Offshore International Pte. Ltd. and leading fibre ropes manufacturer, Lankhorst Ropes, have announced an exclusive Co-Operation agreement aimed at developing the market for fibre rope slings for heavy lift offshore projects i...

OSEA2018 Conference speaker, Thom Payne, Director, Westwood Global Energy Group shares his insight on the timing of a substantial market recovery in Southeast Asia and the mid-long term outlook for regional E&P activity amid macroeconomic forces shaping higher oil prices.  Full text as below:...

An expert team from Germany came to visit Shandong Shenli Rigging Co., Ltd. (hereinafter referred as “Shenli Rigging”) on June 27-29 in 2018. Mr. Barghaus, from BG company (from Germany), is responsible for the verification of Shenli Rigging’s H-series chain components. Together with Mr. Barghaus...

In June 2018, Wirop Industrial Co., Ltd. (Wirop) has completed the machine production of the largest C-Frame (C-Type) Hydraulic Swaging Machine in Europe market: WP-1300C-New shape.   “WP-1300C-New shape” has good looking shape, new design, and numbers of great features to meet clients’ needs whi...

Zhejiang, China Today the CCTV production team of “Attitude” TV show begins VITALI-INTL shoot, blessed with a Chinese traditional opening ceremony to ensure successful filming. LRW Magazine is invited to share the great moment. CCTV’s “Attitude” TV show targets to help some Chinese small and medi...

Mammoet in Schiedam recently became the world’s first user of Green Pin Tycan® Chain for lifting. This historic event was attended by senior executives from both companies including Wouter van Noort, Managing Director Mammoet Europe and Russia and Anton van der Zalm, Vice President Research and D...

Van Beest Group announce to merge the brands Tycan® and Excel® into Green Pin® from April 19, 2018. As a result of this decision, the brand Excel® will be replaced by the brand Green Pin®. The brand name Tycan® will be used under the Green Pin® umbrella as the collective name for all products rel...

This is the current trend in the global that we enter Industry 4.0 (the fourth industrial revolution), in which computers and automation come together in an entirely new way, with robotics connected remotely to computer systems equipped with machine learning algorithms that can learn and control ...