Business News
Investment Firm KKR Sells Ocean Yield to A.P. Moller Holding
The investment arm of the Maersk family, A.P. Moller Holding, is expanding its large portfolio of maritime investments, reporting...
Read More >>CMA CGM Grows North American Logistics Buying FedEx Supply Chain for $1.4B
CMA CGM, like other major shipping carriers, is continuing its efforts to transform its business into an integrated shipping and l...
Read More >>Ferry Operator Cites EU ETS and Taxes in Plan to Sell Vessels, Stop Routes
After more than 50 years of service for cargo and passengers between France and the UK, Brittany Ferries reports it must adapt and...
Read More >>Rocket Lab to Buy Iridium for $8 Billion
Iridium, the high-uptime LEO satcom operator, will soon be acquired by launch services company Rocket Lab, the two firms announced...
Read More >>Bureau Veritas to Sell its Fuel Testing/Inspection Unit to Focus on Growth
Bureau Veritas confirmed it is in exclusive negotiations with a European mid-market specialized investor, Triton Partners, for the...
Read More >>Maersk Increases Outlook to Strong Profits Based on Rate Surge and Volumes
Maersk, in a reversal of fortune, issued a strong upgrade for its 2026 outlook, increasing guidance to a solid profit for the year...
Read More >>Genco Asserts Diana is Misleading Investors as it Extends Tender Offer
The battle for control of Genco Shipping & Trading continues with the two sides again trading a fresh round of barbs after Diana S...
Read More >>Op-Ed: Safety Oversight Must Not be Pushed Out of Sight
Shipping is being pulled in several directions at once, and the consequences are being felt not in theory but in the daily operati...
Read More >>The Maritime Executive’s Shipbuilding & Repair Edition is Now Online
“50 Years of Shipbuilding Excellence” - That's the theme of Eastern Shipbuilding Group's celebratory year and it coincides with th...
Read More >>Deepening Crisis as Global Shipping Grapples with Workforce Shortage
The global shipping industry is staring at a deepening workforce crisis over the coming years, owing to the fact that the recruitm...
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