Business News

Maersk Maps India Investment Strategy as it Names Boxship in Mumbai

Published Feb 28, 2025 4:49 PM by The Maritime Executive

Maersk celebrated the naming of its eleventh dual-fuel methanol containership today, February 28, in Mumbai, India.  It was...

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Costamare Reverses Course Planning to Spilt Boxship and Bulker Businesses

Published Feb 27, 2025 8:03 PM by The Maritime Executive

  Costamare which calls itself one of the leading owners and providers of containerships and dry bulk vessels for charter...

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Colonial Oil Industries Expands Marine Fueling With New Towboat and Barge

Published Feb 27, 2025 1:35 PM by Colonial Oil

  Colonial Oil Industries, Inc. (COI) is making a bold investment in the future of marine fuel transportation with the chr...

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Private Equity Investors Negotiating to Buy Historic French Shipping Firm

Published Feb 26, 2025 2:04 PM by The Maritime Executive

Louis Dreyfus Amateurs, which today is focused on offshore services, cargo and port operations, and logistics, is set to be acqu...

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Indonesia Arrests Pertamina Oil-Shipping Executives in $12B Corruption Case

Published Feb 25, 2025 3:07 PM by The Maritime Executive

Indonesia’s Attorney General’s Office revealed the details of an ongoing corruption case that they allege cost the s...

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Offshore Services Giant Proposed in $4.7B Deal to Merge Saipem and Subsea 7

Published Feb 24, 2025 7:44 PM by The Maritime Executive

Two of the leaders in the offshore sector for energy, Saipem and Subsea 7 entered into an understanding that is designed to lead...

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Turkey and AD Ports End Negotiations for Izmir’s Alsancak Port

Published Feb 21, 2025 5:15 PM by The Maritime Executive

  The planned investment by AD Ports Group in Turkey’s Alsancak Port in Izmir has fallen apart after failed negotiat...

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Report: HMM to Diversify Position in Korean Shipping Acquiring SK Shipping

Published Feb 20, 2025 6:13 PM by The Maritime Executive

  HMM, which itself was the subject of takeover talks a year ago, is poised to consolidate the South Korean shipping indus...

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Powerhouse: OSM Thome

Published Feb 16, 2025 2:39 PM by Tony Munoz

  It’s been a good – no, an exceptional year – for OSM Thome, marked by significant growth, strategic ac...

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AP Moller Capital Invests in Spanish and Latin American Logistics Company

Published Feb 16, 2025 11:31 AM by The Maritime Executive

A.P. Moller Holding, an investment company and the parent company of the A.P. Moller Group, is investing in growing logistics op...

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