Business
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Marine World
CMA CGM to Buy FedEx Supply Chain for $1.4 Billion, Expanding North American Logistics Business
The CMA CGM Group has agreed to acquire FedEx Supply Chain from FedEx in a deal valued at $1.4 billion, significantly expanding its North American contract…
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Maritime News
Italian Business Lobby Calls to Speed up Roll-Out of Renewables
Italy’s business lobby Confindustria has called for emergency action from the government to speed up the roll-out of renewable energy in the…
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Maritime News
Nereida Energy Raises Over $3M to Expand Maritime Battery Tech Business
Norwegian maritime technology company Nereida Energy has raised $3.3 million (NOK 32 million) through a private placement of shares backed…
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Port News
Strait cash: Iran revives a centuries-old maritime business model
Andrew Craig-Bennett on what Iran can learn from the kings who monetised the Baltic. “History doesn’t repeat itself, but it…
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Maritime News
Global Maritime Firms Prioritize Expansion in West Africa
Rerouting of global trade around the Cape of Good Hope has presented growth opportunities for some regions in Africa. Particularly,…
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Maritime News
Hapag-Lloyd Calls Q1 "Unsatisfactory" While Warning of Uncertainty
Hapag-Lloyd was the latest carrier to report dramatically lower first quarter financial results. Reporting that the company swung to a…
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Port News
Vroon cashes out of livestock shipping business
Dutch shipowner Vroon is exiting the livestock shipping sector after agreeing to sell its Livestock Express business to Australian agribusiness…
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Maritime News
Cruising Demonstrates Resiliency as Mainstream Vacation Business
The executives leading the major cruise corporations point to the business demonstrating its resilience as they believe cruising has finally…
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Maritime News
Cyber Risk in Shipping: From Technical Threat to Business Reality
Cybersecurity in shipping is still too often framed as a technical issue, something for IT teams to manage in the…
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Port News
CLdN takes over Samskip’s UK and Ireland business
Luxembourg-based shortsea operator CLdN has agreed to acquire the UK and Ireland quay-to-quay and door-to-door freight business of multimodal group…
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