Firm
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Port News
US sanctions Syrian tanker firm
The US Department of the Treasury’s Office of Foreign Assets Control (OFAC) has sanctioned 26 companies, individuals, and vessels associated…
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Maritime News
Cargo Handling Specialist MacGregor Sold to Private Equity Firm
A well-known leader in maritime cargo and load handling, MacGregor is being sold to funds managed by Triton, a…
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Port News
French firm debuts sailing vessel capable of carrying 200 teu
Grain de Sail’s newest project, the Grain de Sail III sailing ship, is expected to set sail in 2027 and…
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Port News
Boluda snaps up Finnish icebreaker firm
Spanish towage giant Boluda is pressing ahead with its expansion via the acquisition of the Finnish company Yxpila Hinaus-Bogsering (YHB).…
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Marine World
Mysterious Dubai Firm Takes Control of Russian LNG Ships in Apparent Effort to Skirt Sanctions
(Bloomberg) — A newly established company in Dubai has taken over three liquefied natural gas tankers, in what appears to…
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Maritime News
Chinese Firm Orders Fleet of 16 Methanol-Powered Bulkers
A Chinese shipowner has ordered a fleet of methanol-only bulkers, eschewing dual-fuel technology to run on methanol only. Wuhan Innovation…
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Marine World
Adani Ports Acquires Offshore Shipping Firm for $185 Million
(Bloomberg) — Billionaire Gautam Adani’s port unit will buy an 80% stake in Singapore-headquartered Astro, a supplier of offshore support…
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Port News
Accelleron acquires Canadian voyage optimisation firm True North Marine
Swiss-based engine turbocharging company Accelleron has agreed to acquire Canadian specialist in digital weather routing and voyage optimisation True North…
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Port News
Shell contracts emissions capture firm in Los Angeles
Giant black pipes will be inserted into the funnels of tankers calling at Shell’s Mormon Island Terminal in the Port…
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Port News
New Jones Act shipping firm launches
Crowley and SEACOR Holdings have officially launched Fairwater Holdings, combining the pair’s American petroleum and chemical tanker fleets. Fairwater is…
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