Business News

Amidst Seafarer Shortage, Multi-orbit Connectivity is Key for Recruiting

Published May 6, 2025 8:06 PM by Intelsat

  Labor shortages remain rampant across many segments of the maritime industry. In the shipping sector, merchant fleet...

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Historic Climate Agreement Creates Foundation for Future-Proof Agenda

Published May 5, 2025 8:23 PM by Nor-Shipping

  With the historic climate agreement adopted by the IMO just before Easter, shipping has become the first industry to fac...

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Equinor Sells Its Largest International Asset as it “High-Grades” Portfolio

Published May 5, 2025 4:36 PM by The Maritime Executive

Norway’s Equinor entered into an agreement to sell its interest in Brazil’s Peregrino field. Operating for nearly 15...

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DEME Completes Acquisition of Havfram to Expand Position for Offshore Wind

Published May 2, 2025 8:23 PM by The Maritime Executive

Belgium’s DEME Group which is an established leader for installations of offshore wind energy reported that it has complet...

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DSV Completes Acquisition of Schenker, Creating Logistics Giant

Published May 1, 2025 10:35 PM by The Maritime Executive

  Effective Wednesday, logistics giants DSV and Schenker have merged into one company under the DSV banner. The megamerger...

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CMA CGM Expands Air Cargo Operations Closing Air Belgium Acquisition

Published Apr 30, 2025 6:00 PM by The Maritime Executive

CMA CGM is accelerating the development of its air cargo business launched in 2021 as an adjunct to its logistics operations. Th...

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Hapag and ONE Point to “Considerable Uncertainty” Expecting Lower Results

Published Apr 30, 2025 1:15 PM by The Maritime Executive

Hapag-Lloyd and Ocean Network Express (ONE) both released financial results today, April 30, providing the first outlook among t...

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Shipping Magnates Team to Buyout Offshore Firm Edda Wind

Published Apr 29, 2025 3:21 PM by The Maritime Executive

  Three of the best-known names in the shipping industry, Fredriksen, Ofer, and Wilhelmsen, the current large shareholders...

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Interview: Helen Barden, Director of External Affairs at NorthStandard

Published Apr 29, 2025 1:13 PM by Jack O'Connell

  As one of a small group of lawyers with in-depth decarbonization expertise, Barden has become a "go-to" person...

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CMA CGM Will Double Logistics Operation in Turkey with Acquisition

Published Apr 28, 2025 6:35 PM by The Maritime Executive

  CMA CGM through its subsidiary CEVA Logistics is continuing the efforts to expand its logistics portfolio with the acqui...

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