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Activist Investor Sues CMB Over “Misleading Information” in Euronav Offer

Activist Investor Sues CMB Over “Misleading Information” in Euronav Offer

An activist investor group filed a complaint in the United States District Court for the Southern District of New York in connection with CMB’s U.S. offer to purchase all outstanding ordinary shares o...

Pelagus 3D and Doosan Enerbility Forge Strategic Alliance

Pelagus 3D and Doosan Enerbility Forge Strategic Alliance

[By: Pelagus 3D] Pelagus 3D, a joint venture company of thyssenkrupp and Wilhelmsen, and Doosan Enerbility signed a memorandum of understanding (MOU) to advance the adoption of on-demand additive m...

Morocco-to-UK Cable Project Plans to Order its Own Cable-Layer

Morocco-to-UK Cable Project Plans to Order its Own Cable-Layer

A British renewable-power company is on track to order a superlarge cable-lay vessel for installation of one of the world's longest subsea power cable projects. The Xlinks Morocco-UK Power Project...

James Fisher & Tokyo Gas Engineering Solutions Sign Collaboration Agreement

James Fisher & Tokyo Gas Engineering Solutions Sign Collaboration Agreement

[By: James Fisher] Today, James Fisher and Sons plc (James Fisher, UK) and Tokyo Gas Engineering Solutions (TGES, Japan) owned by Tokyo Gas Group, announced the signing of a Joint Collaboration Agr...

Maritime Executive

U.S. and UK Sanction Iranians, Houthis and "Dark Fleet" Tankers

  In a coordinated series of efforts, the United States and the United Kingdom each launched new sanctions against Iran and its commodities trade as well as for efforts supporting the Houthi milita...

Chinese Carmaker's Ro/Ro Arrives in EU, Delivering New Competition

Chinese Carmaker's Ro/Ro Arrives in EU, Delivering New Competition

Chart-topping Chinese EV manufacturer BYD has completed its first in-house ro/ro shipment to Europe. On Tuesday, the brand new BYD Explorer No. 1 arrived at a pier in Bremerhaven carrying 3,000 compet...

CMA CGM, COSCO, Evergreen and OOCL Extend Alliance to 2032

CMA CGM, COSCO, Evergreen and OOCL Extend Alliance to 2032

  Demonstrating their commitment to cooperation and putting to rest some of the ongoing speculation, the CEOs of four of the largest container carriers came together to announce they agreed to exte...

Video: Rubymar’s Position is Precarious as Ship Becomes Political Pawn

Video: Rubymar’s Position is Precarious as Ship Becomes Political Pawn

  Dramatic video of the crippled bulker Rubymar appeared on TV news reports in Yemen showing the increasingly precarious state of the vessel 10 days after it was struck by a Houthi-launched missile...

CMA CGM is in Bidding War for UK Logistics Company Wincanton

CMA CGM is in Bidding War for UK Logistics Company Wincanton

CMA CGM is entering a bidding war as the group looks to expand its logistics operations with the acquisition of UK-based Wincanton. Through its CEVA Logistics subsidiary, the group last month agreed t...

Up to Four Subsea Cables Have Been Damaged Off Yemen

Up to Four Subsea Cables Have Been Damaged Off Yemen

Just weeks after a warning about potential Houthi threats to subsea cables in the Red Sea, at least one fiber-optic line has been severed at a position off the coast of Yemen, and damage has been repo...