Business News
Maersk Maps India Investment Strategy as it Names Boxship in Mumbai
Maersk celebrated the naming of its eleventh dual-fuel methanol containership today, February 28, in Mumbai, India. It was...
Read More >>Costamare Reverses Course Planning to Spilt Boxship and Bulker Businesses
Costamare which calls itself one of the leading owners and providers of containerships and dry bulk vessels for charter...
Read More >>Colonial Oil Industries Expands Marine Fueling With New Towboat and Barge
Colonial Oil Industries, Inc. (COI) is making a bold investment in the future of marine fuel transportation with the chr...
Read More >>Private Equity Investors Negotiating to Buy Historic French Shipping Firm
Louis Dreyfus Amateurs, which today is focused on offshore services, cargo and port operations, and logistics, is set to be acqu...
Read More >>Indonesia Arrests Pertamina Oil-Shipping Executives in $12B Corruption Case
Indonesia’s Attorney General’s Office revealed the details of an ongoing corruption case that they allege cost the s...
Read More >>Offshore Services Giant Proposed in $4.7B Deal to Merge Saipem and Subsea 7
Two of the leaders in the offshore sector for energy, Saipem and Subsea 7 entered into an understanding that is designed to lead...
Read More >>Turkey and AD Ports End Negotiations for Izmir’s Alsancak Port
The planned investment by AD Ports Group in Turkey’s Alsancak Port in Izmir has fallen apart after failed negotiat...
Read More >>Report: HMM to Diversify Position in Korean Shipping Acquiring SK Shipping
HMM, which itself was the subject of takeover talks a year ago, is poised to consolidate the South Korean shipping indus...
Read More >>Powerhouse: OSM Thome
It’s been a good – no, an exceptional year – for OSM Thome, marked by significant growth, strategic ac...
Read More >>AP Moller Capital Invests in Spanish and Latin American Logistics Company
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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