Consolidates
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Maritime News
Japan’s Imabari Consolidates Shipbuilding for Lower Costs and Competition
In what is seen as a strategic move aimed at strengthening Japan’s shipbuilding industry, its largest builder, Imabari Shipbuilding, will…
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Maritime News
Maersk Tankers Consolidates Market Buying Pool Operator Penfield Marine
Maersk Tankers reports it closed last week on the acquisition of U.S.-based Penfield Marine, a boutique commercial tanker management…
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Port News
Vitol consolidates shipping activities into Singaporean company
Switzerland-based commodity trading giant Vitol has consolidated all its shipping activities into a Singapore-based company. The company is named Vitol…
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Maritime News
Noatum consolidates its position in Spain with APM Terminals Castellón acquisition
Noatum Terminals, the terminals operations business of Noatum Group, has acquired 100% ownership of […] The post Noatum consolidates its…
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Maritime News
Vitol completes first biofuel delivery in UAE, consolidates shipping activities
Switzerland-based energy and commodities company Vitol has completed its first biofuel deliveries in Fujairah, the United Arab Emirates (UAE). The…
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Maritime News
Aker ASA Consolidates Offshore Units, Spins Off Clean-Energy Divisions
Norwegian offshore services contractor Aker Solutions is launching a major restructuring effort. The firm plans to spin off its offshore…
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Aker ASA Consolidates Offshore Units, Spins Off Clean-Energy Divisions
Norwegian offshore services contractor Aker Solutions is launching a major restructuring effort. The firm plans to spin off its offshore…
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Maritime News
Hyundai Heavy Industries Consolidates Amid Coronavirus Slump
(Photo: Hyundai Heavy Industries) marine link
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Maritime News
Hyundai Heavy Industries Consolidates and Streamline Operations by 20%
Responding to the challenges in the shipbuilding industry, Hyundai Heavy Industries announced that it will be slimming down its organization…
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