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Maritime News
U.S. Coast Guard Buys 10 More Fast Response Cutters From Bollinger
The United States Coast Guard announced Tuesday that it will award $507 million to Bollinger to begin construction of…
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Port News
Indonesian miner buys out two local shipping firms
Indonesian miner Geo Energy Resources is to buy 51% stakes in two local shipping firms – Trans Maritim Pratama (TMP)…
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Maritime News
To Take On a Bigger Role, Malaysia’s MMEA Buys a Bigger Ship
This month, the Malaysian Maritime Enforcement Agency (MMEA) held a keel laying ceremony for a new Multi-Purpose Mission Ship…
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Port News
HD Hyundai buys Doosan’s Vietnam yard for $207m
HD Korea Shipbuilding & Offshore Engineering (HD KSOE), the holding company of HD Hyundai Group, has struck a deal to…
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Maritime News
Data Sector Consolidation for Shippers as Xeneta Buys eeSea
The consolidation of the maritime data sector is continuing with freight and data logistics company Xeneta buying maritime and supply…
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Port News
Zara founder buys into UK ports
The Financial Times is reporting Spanish billionaire Amancio Ortega, founder of the Zara fashion empire, has made his first move…
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Port News
Indian shipbuilder buys majority stake in Sri Lanka’s largest yard
India’s state-run Mazagon Dock Shipbuilders Limited (MDL) has announced its first international acquisition by securing a controlling 51% stake in…
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Port News
NYK buys German crew payment platform
Japanese shipping major Nippon Yusen Kaisha (NYK) is buying Kadmos, a global end-to-end maritime salary payments platform founded four years…
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Port News
Hagland buys chartering platform Vanora
Norwegian maritime group Hagland has acquired compatriot chartering platform Vanora in a strategic move to bolster its digital service offerings.…
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Port News
HHLA buys majority stake in Ukrainian intermodal terminal
Hamburger Hafen und Logistik AG (HHLA) has decided to invest in another terminal in Ukraine. The company is acquiring 60%…
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