Business News
India’s Adani Agrees to Buy Europe’s 2nd-Largest Liquid Storage Operator
Adani Ports and Special Economic Zone Limited (APSEZ) agreed to acquire Netherlands-headquartered Evos B.V. from Igneo Infrastruct...
Read More >>Upbeat Outlook from Maersk Fails to Win Over Investors
Maersk, which has long been considered a bellwether for the industry as the largest publicly traded company in the sector, issued...
Read More >>Russian Owner of Notorious Tanker Challenge US Sale as It Reaches Scrappers
The crude oil tanker Bella 1 (aka Marinera) reportedly arrived at Chattogram, Bangladesh, on November 4, under the name Era, promp...
Read More >>Saildrone Wins Court Challenge to USN’s New Procurement Evaluation Program
Saildrone, a manufacturer of unmanned surface vehicles, prevailed in court after it challenged the U.S. Navy’s new procurement eva...
Read More >>Russia Advances New LNG Supply Pivot to Africa
As part of a wider scheme to diversify its LNG market, Russia is targeting Africa for gas exports, projecting rising demand for en...
Read More >>Americas Marine Fuel Market Moves from Ambition to Delivery
The region’s marine energy transition is entering a more demanding phase, as regulation, infrastructure, fuel availability and com...
Read More >>India to Resume Negotiations with MSC Regarding Loss of MSC Elsa 3
Seventeen months after the sinking of the containership MSC Elsa 3 off the west coast of India, a court has lifted a stay on a sta...
Read More >>Stena Acquires Color Line, Joining Two of Europe’s Largest Ferry Companies
Stena, which is already one of the largest ferry operators in Europe, is moving to expand its presence in Scandinavia with the acq...
Read More >>Port Fees for Chinese-Built Ships and Shipping to be Delayed by USTR
With just two weeks left until the one-year suspension of U.S.-imposed fees on Chinese-built ships and ships operated by Chinese c...
Read More >>Kpler and Airbus Link Up with New Ship Surveillance System
For many months now the industry has been aware of how merchant vessels are transiting the Strait of Hormuz ‘dark’, usually but no...
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