Business News
Report: Private Equity Bids Lining Up for Marine Engine Company Everllence
Private equity buyers are reportedly showing a strong interest in Everllence (formerly MAN Energy Solutions), according to a repor...
Read More >>Understanding the U.S. Coast Guard’s Maritime Cybersecurity Framework
Cyber incidents in the marine sector are no longer theoretical - they’re a real and accelerating risk. To address and mitigate thi...
Read More >>Activist Shareholder Demands Turnaround at Norwegian Cruise Line Holdings
Elliott Investment Management, a well-known activist shareholder, is setting its sights on Norwegian Cruise Line Holdings, calling...
Read More >>Macquarie Agrees to Buy Australian Ports and Logistics Company Qube
After nearly three months of negotiations, Qube Holdings announced today that it has agreed to be acquired by Macquarie Asset Mana...
Read More >>Israeli Opposition Emerges as Hapag-Lloyd Signs Deal to Acquire Zim
Hapag-Lloyd officially signed the agreement to acquire Zim and sell its domestic operations to FIMI, an Israeli private equity com...
Read More >>Hapag-Lloyd Buys Out ZIM
Number-five container line Hapag-Lloyd has agreed to buy 10th-ranked carrier ZIM, Israel’s de facto national shipping line. A head...
Read More >>DP World Changes Leadership Responding to Pressure Over Epstein Scandal
Port and logistics powerhouse DP World reported on Friday, February 13, that it is changing its management leadership as pressure...
Read More >>Pan Ocean Moves to Expand Tanker Ops as Korea’s SK Exits Wet Tankers
The tanker market continues to consolidate as Pan Ocean reported it has agreed to pay approximately $668 million to acquire the ta...
Read More >>Norwegian Cruise Line Holdings Appoints New CEO in Continuing Shakeup
Norwegian Cruise Line Holdings, one of the largest public companies in the cruise industry, reported the sudden change of leadersh...
Read More >>Saltchuk Agrees to Buy Great Lakes Dredge & Dock in $1.5B Deal
Saltchuk Resources, which continues to build a diversified holding in marine services, freight transport, and energy distribution,...
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