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Port News
Novatek creates shipbuilding arm
Novatek, Russia’s largest independent natural gas producer, has officially expanded its vertical integration by establishing a dedicated shipbuilding subsidiary. The…
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Port News
JP Morgan shipping arm books suezmax trio at Samsung Heavy
JP Morgan’s Bermuda-based shipowning affiliate Global Meridian Holdings has been linked to an order for three suezmax crude carriers at…
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Port News
Mainstay Maritime to sell Canadian Lower Lakes arm and six ships to Algoma
America’s Mainstay Maritime has agreed to sell its three Canadian operating companies and six Canadian‑flagged vessels to Algoma Central Corporation.…
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Port News
Marinakis spins out tanker arm for $345m Oslo raise
Greece’s Capital Tankers Corp, a tanker owner linked to Evangelos Marinakis-led Capital Maritime & Trading, is preparing to list in…
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Port News
Cadeler arm wins Taiwan offshore wind O&M contract
Cadeler’s service arm, Nexra, has signed a firm contract for an operations and maintenance campaign in Taiwan. The contract with…
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Port News
Yang Ming’s dry bulk arm lines up ultramax quartet at Japanese yards
Taiwanese liner group Yang Ming has returned to the newbuilding market through its bulk shipping arm Kuang Ming Shipping, placing…
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Maritime News
Lukoil Trading Arm Falls Apart Under US Sanctions
U.S. sanctions are dismantling what remains of Lukoil’s Litasco, once Russia’s biggest oil trader and a rival to top Swiss…
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Port News
Yang Ming’s dry bulk arm readies four newbuilds in fleet renewal push
Kuang Ming Shipping, the dry bulk subsidiary of Taiwan’s Yang Ming Marine Transport, is returning to the newbuilding market with…
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Port News
Grieg Maritime winds down ship recycling arm
Norway’s Grieg Green, the ship recycling and ESG advisory arm of Grieg Maritime Group, is closing down after 15 years…
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