Business News
Amidst Seafarer Shortage, Multi-orbit Connectivity is Key for Recruiting
Labor shortages remain rampant across many segments of the maritime industry. In the shipping sector, merchant fleet...
Read More >>Historic Climate Agreement Creates Foundation for Future-Proof Agenda
With the historic climate agreement adopted by the IMO just before Easter, shipping has become the first industry to fac...
Read More >>Equinor Sells Its Largest International Asset as it “High-Grades” Portfolio
Norway’s Equinor entered into an agreement to sell its interest in Brazil’s Peregrino field. Operating for nearly 15...
Read More >>DEME Completes Acquisition of Havfram to Expand Position for Offshore Wind
Belgium’s DEME Group which is an established leader for installations of offshore wind energy reported that it has complet...
Read More >>DSV Completes Acquisition of Schenker, Creating Logistics Giant
Effective Wednesday, logistics giants DSV and Schenker have merged into one company under the DSV banner. The megamerger...
Read More >>CMA CGM Expands Air Cargo Operations Closing Air Belgium Acquisition
CMA CGM is accelerating the development of its air cargo business launched in 2021 as an adjunct to its logistics operations. Th...
Read More >>Hapag and ONE Point to “Considerable Uncertainty” Expecting Lower Results
Hapag-Lloyd and Ocean Network Express (ONE) both released financial results today, April 30, providing the first outlook among t...
Read More >>Shipping Magnates Team to Buyout Offshore Firm Edda Wind
Three of the best-known names in the shipping industry, Fredriksen, Ofer, and Wilhelmsen, the current large shareholders...
Read More >>Interview: Helen Barden, Director of External Affairs at NorthStandard
As one of a small group of lawyers with in-depth decarbonization expertise, Barden has become a "go-to" person...
Read More >>CMA CGM Will Double Logistics Operation in Turkey with Acquisition
CMA CGM through its subsidiary CEVA Logistics is continuing the efforts to expand its logistics portfolio with the acqui...
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