# SAL and Jumbo Marine announce joint venture for heavy lift business

SAL and Jumbo Marine announced a joint venture to combine fleets, engineering, and commercial activities for heavy lift and project cargo.

- Type: Partnership
- Announced: 2021-03-02
- Status: announced
- Products: heavy lift transport, project cargo services
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md), [Material Handling](https://endata.com/sectors/material-handling.md)

## Companies

- [SAL](https://endata.com/companies/53601.md) (partner)
- [Jumbo Marine](https://endata.com/companies/53602.md) (partner)

## Sources

- [starconcord.com.sg](https://starconcord.com.sg/sal-and-jumbo-announce-jv-to-consolidate-heavy-lift-business/), 2021-03-02: "Two of the leading operators in the heavy lift and project cargo business are proposing to form a joint venture to enhance operating efficiencies as they seek to realize the emerging opportunities in the sector."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.