SATS completes acquisition of Worldwide Flight Services
SATS Ltd. announced it has completed its acquisition of global air cargo logistics provider Worldwide Flight Services for €1.3 billion (equiva...
Read MoreCastor Maritime sold a 2007-built 73,593-dwt bulk carrier for $12.6 m.
Castor Maritime Inc., a diversified global shipping company, announces that they have entered into an agreement with a third party for the sale of...
Read MoreQatarEnergy makes the largest investment in its history in the petrochemical sector in Qatar
QatarEnergy announced the Final Investment Decision (FID) with Chevron Phillips Chemical Company LLC (CPChem) to build the Ras Laffan Petrochemical...
Read MoreDHT Holdings, Inc. announces $305 million financing
DHT Holdings, Inc. announces a new $305 million secured credit facility. It is in line with the “DHT-style financing” including a six-y...
Read MoreCMA CGM supports the French startup Gama in its solar sail mission
After two years of research and design, the satellite containing Gama's solar sail was launched on January 3, 2023 on a SpaceX Falcon 9 rocket....
Read MorePerformance Shipping announces new loan with Piraeus Bank
Performance Shipping Inc., a global shipping company specializing in the ownership of tanker vessels, announced that it has entered into an agreeme...
Read MoreHoegh Autoliners to purchase a 2016-built PCTC for $ 53,200,000
Höegh Autoliners ASA through its subsidiary Höegh Autoliners Shipping AS, has declared an option pursuant to a certain bareboat charter p...
Read MoreCrowley, JAXPORT awarded grant to make terminal more sustainable
The U.S. Department of Transportation and the Maritime Administration (MARAD) awarded the grant under the Port Infrastructure Development Program. ...
Read MoreMSC acquires towage operator Rimorchiatori Mediterranei
MSC Mediterranean Shipping Company SA, through its wholly owned subsidiary SAS Shipping Agencies Services Sàrl, has agreed to acquire 100% o...
Read MoreNYK to invest in shipping subsidiary of Pertamina
NYK has reached a basic agreement to invest in PT Pertamina International Shipping (PIS), a shipping subsidiary of PT Pertamina (Persero), a state-...
Read MoreDiana Shipping took delivery of a 2018-built Ultramax bulk carrier
Diana Shipping Inc., a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, announced that, through ...
Read MoreDiana Shipping announces a $200-million loan with Nordea Bank
Diana Shipping Inc., a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, announced that on Septemb...
Read MorePerformance Shipping to acquire a 2011-built Aframax for $35 million
Performance Shipping Inc., a global shipping company specializing in the ownership of tanker vessels, announced that it has signed, through a separ...
Read MorePerformance Shipping announces new loan of $18,2 mil. from Alpha Bank
Performance Shipping Inc. , a global shipping company specializing in the ownership of tanker vessels, announced that it has accepted a commitment...
Read MoreHapag-Lloyd acquires minority share in Italy-based Spinelli Group
Hapag-Lloyd and Spinelli Group have entered into an agreement to join forces. The German container liner-shipping company will acquire a 49% in ...
Read MoreEV Cargo acquires Air Express Cargo In Spain
EV Cargo, a Hong Kong headquartered global freight forwarding and supply chain services company, is pleased to announce the acquisition of 75% of t...
Read MoreA.P. Moller - Maersk completes acquisition of LF Logistics
Maersk (Maersk) announces the completion of its acquisition of LF Logistics, a Hong Kong-based contract logistics company, with premium capabilitie...
Read MoreMIDA and Maersk enter into strategic partnership to promote investments in Malaysia
A.P. Moller-Maersk has signed a Memorandum of Understanding (MOU) with the Malaysian Investment Development Authority (MIDA), to drive high-quality...
Read MoreDHT Holdings to sell a 2008-built VLCC, for $37 million
DHT Holdings, Inc. announces that it has entered into agreement to sell the DHT Edelweiss, a 2008 built VLCC, for $37.0 million. The vessel is not ...
Read MoreHICO has acquired the assets of Bengal Tiger Line
HICO, a privately owned trust fund owned by the Hartnoll family, has acquired the assets of Bengal Tiger Line from CMIA Capital Partners. The ch...
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