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Maritime News
Lockheed Buys Sub-Hunting Sonar Firm Ultra Maritime
American private equity firm Advent has exited its investment in British subsea acoustic sensing company Ultra Maritime, selling the sonobuoy…
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Maritime News
Investment Firm KKR Sells Ocean Yield to A.P. Moller Holding
The investment arm of the Maersk family, A.P. Moller Holding, is expanding its large portfolio of maritime investments, reporting it…
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Maritime News
Mining Firm Acquires Cruise Ship to House Project Workers in Greenland
A U.S. mining, exploration, and development company has become the latest owner of a former Soviet passenger ferry that was…
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Maritime News
Chinese Firm Files Arbitration Over Australia’s Move to Reclaim Darwin Port
The long-running dispute regarding a Chinese company’s 99-year lease of Australia’s Darwin port took a new turn with Landbridge Group…
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Port News
Petronas Carigali taps Singapore firm for newbuild FPSO
Singapore-based OceanSTAR Elite has entered into a long-term contract with Petronas Carigali for the provision of lease, operation, and maintenance…
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Maritime News
Texas Energy Firm Wants to Turn Naval Reactors Into Powerplants
An American energy company has come up with a novel way to generate nuclear power for civilian uses without the…
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Marine World
Shipping Firm CMA CGM Says It Will Continue Services In Mali
By Baudelaire Mieu and Katarina Höije Nov 7, 2025 (Bloomberg) –CMA CGM SA, a major global shipping firm, said it will…
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Port News
Seatrium offloads PSV duo to Brazilian firm for $60m
Singapore shipyard group Seatrium has decided to sell two of its platform supply vessels for $59.7m. The vessels will be…
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Maritime News
ABS Acquires Maritime Training Firm MetaSHIP from Orka Informatics
In a landmark deal to deliver immersive, next-generation training at scale to the maritime industry, ABS has signed an agreement…
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Maritime News
Historic UK Red Funnel Ferries Sold to Private Equity Firm
One of the most historic names in ferry operations, the UK’s Red Funnel, which traces its origins to 1820,…
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