Corporate News

20 Mar 2024

ASCO Sees Three Big Contracts Extended to Tune of $25m

Energy supply chain specialist ASCO has secured three contract renewals valued at over $25 million in aggregate.

ASCO Sees Three Big Contracts Extended to Tune of $25m
19 Mar 2024

MoU Signed to Sell Off two of ESL Shipping's Supramaxes

ESL Shipping enters agreement to divest two Supramax class ships, Arkadia and Kumpula, to entities under the HGF Denizcilik Limited Sirket group.

MoU Signed to Sell Off two of ESL Shipping's Supramaxes
19 Mar 2024

Seventh Regional Office Opened by IMO in Fiji

the IMO is set to establish its seventh Regional Presence Office in Suva, Fiji, following a Memorandum of Understanding signed on March 18th.

Seventh Regional Office Opened by IMO in Fiji
19 Mar 2024

Ultramax Newbuild Contract Won by China's New Dayang

Chinese shipbuilder New Dayang has clinched new orders for ultramax bulk carriers from China Construction Bank (CCB) Financial Leasing.

Ultramax Newbuild Contract Won by China's New Dayang
18 Mar 2024

Maersk Supply Service Inks Deal with Shell for Support Craft

Maersk Supply Service, headquartered in Denmark, has secured a deal with Shell to utilize its subsea support vessel, the Maersk Achiever.

Maersk Supply Service Inks Deal with Shell for Support Craft
18 Mar 2024

StormGeo Takes Over Brazil-Based Weather Forecast Specialist

StormGeo, a Norwegian weather intelligence company, has acquired the remaining shares of Climatempo, a weather forecasting firm based in Brazil.

StormGeo Takes Over Brazil-Based Weather Forecast Specialist
18 Mar 2024

New Service Network Debuted by OCEAN Alliance

The OCEAN Alliance, comprised of maritime giants CMA CGM, COSCO, Evergreen, and OOCL, has unveiled its refreshed service offering.

New Service Network Debuted by OCEAN Alliance
18 Mar 2024

Top French Rolling News Channel in Takeover Bid by CMA CGM

Rodolphe Saadé is making strides to acquire France's premier rolling news network, enhancing his media portfolio with substantial financial backing

Top French Rolling News Channel in Takeover Bid by CMA CGM
15 Mar 2024

S’hail Shipping Makes Tidy Profit on Rusty Panamax

Qatari shipping company S’hail Shipping has successfully sold an aged panamax at a profit to the rapidly expanding Vietnamese Hoanh Son Group.

S’hail Shipping Makes Tidy Profit on Rusty Panamax
15 Mar 2024

LPG/Ammonia Carrier Named by Astomos Energy & NYK

NYK, in partnership with Astomos Energy Corporation recently celebrated the naming ceremony for their newly constructed LPG/Ammonia carrier.

LPG/Ammonia Carrier Named by Astomos Energy & NYK
14 Mar 2024

UK Visa Law Changed Creating Potential Issue for Seafarers

Adjustments to British visa policies may put international crew at risk of being marooned in the UK should there be outstanding healthcare fees.

UK Visa Law Changed Creating Potential Issue for Seafarers
14 Mar 2024

Global Freight Forwarding Network Launched by DP World

DP World, headquartered in Dubai, has launched its newest addition to the extensive network of over 100 freight forwarding offices worldwide.

Global Freight Forwarding Network Launched by DP World
14 Mar 2024

Seapath Launches Jones Act Leasing Business

Seapath, a subsidiary of the Libra Group, has initiated a Jones Act leasing operation, having already completed initial transactions worth $25M.

Seapath Launches Jones Act Leasing Business
14 Mar 2024

LNG-Powered Car Carrier, Cerulean Ace, Delivered to MOL

The Cerulean Ace, a new LNG-powered car carrier, was recently received by Mitsui O.S.K. Lines (MOL) from Shin Kurushima Dockyard.

LNG-Powered Car Carrier, Cerulean Ace, Delivered to MOL
14 Mar 2024

Hapag-Lloyd Extends Habben Jansen's Contract to 2029

Rolf Habben Jansen has guided the company to its highest profits to date sees his Hapag-Lloyd tenure as CEO renewed until 2029.

Hapag-Lloyd Extends Habben Jansen's Contract to 2029