Business News
Investors Acquire Hurtigruten to Recapitalize Cruise and Coastal Businesses
Hurtigruten Group which is one of the longest-surviving Norwegian shipping companies reports it has reached an agreement...
Read More >>Former New Zealand Port CEO Guilty in Relation to Dockworker’s Death
A judge in New Zealand announced the verdict in a first-of-its-kind case that sought to hold a senior executive responsible in t...
Read More >>Shareholders Sell 1.5M More Shares in Revised CMB.TECH (Euronav) Tender
The revised tender period related to the offer to acquire EURONAV (now known as CMB.TECH) closed yesterday, November 21...
Read More >>New Leadership to Guide INTERTANKO Tanker Trade Group in 2025
INTERTANKO, the International Association of Independent Tanker Owners, had an eventful Council of Members meeting this...
Read More >>Keppel Seeks to Monetize Legacy Rigs as Offshore Energy Sector Rebounds
Opportunities are emerging in the offshore energy sector as the market improves prompting Singapore-based Keppel to anno...
Read More >>Singaporean Bunker Magnate OK Lim Sentenced to 17 Years for Fraud
Singaporean bunker trading tycoon OK Lim has been sentenced to more than 17 years in prison for his role in an accountin...
Read More >>Italy Launches Antitrust Investigation into MSC Investment in Moby
Italy’s Competition and Market Authority revealed today that it has launched an investigation into the investment by MSC M...
Read More >>Crude Behavior: What Are Oil Prices Telling Us?
In the eight weeks from early August to mid-September, America's benchmark oil price (West Texas Intermediate) fell...
Read More >>Norway’s Maritime Hydrogen Fuel Cell Pioneer Teco 2030 Faces Bankruptcy
In a still-evolving financial situation, hydrogen fuel cell pioneer Teco 2030 Is facing a financial collapse after a ban...
Read More >>Cargo Handling Specialist MacGregor Sold to Private Equity Firm
A well-known leader in maritime cargo and load handling, MacGregor is being sold to funds managed by Triton, a European...
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