Ownership
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Maritime News
Bourbon Completes Financial Overhaul Under New Ownership
French offshore marine services company Bourbon has completed a financial and capital restructuring, with Davidson Kempner Capital Management LP and…
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Maritime News
Bankrupt Chinese Yard Relaunches Under New Ownership
China’s shipbuilding industry has been expanding capacity as it takes on more and more global market share, and investors and…
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Maritime News
HMM Splashes $2.8B on Containership and VLCC Order in Growth Strategy
South Korea’s largest shipping company, HMM, is pushing forward with its growth strategy, reporting today, October 16, that it has…
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Port News
Young Chinese carrier moves into ownership with boxship newbuilds
China’s Chenxin Shipping has taken the plunge into vessel ownership with an order for four newbuild containerships, signalling the young…
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Maritime News
Marine Group Boat Works Announces New Ownership of San Diego Shipyard
[By: Marine Group Boat Works] Marine Group Boat Works (MGBW), a San Diego-based boatbuilding and repair company, has been purchased for an…
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Port News
Heidmar enters ownership space with first boxship acquisition
Athens-based pool operator and shipmanager Heidmar has announced its first-ever vessel acquisition, marking a strategic shift in the Nasdaq-listed company’s…
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Marine World
Austal Disputes Hanwha’s Claims About U.S. Regulatory Approval for 100% Ownership
Australian shipbuilder Austal Limited (ASX: ASB) has challenged South Korean defense giant Hanwha Group’s announcement regarding U.S. regulatory approval for…
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Marine World
China Criticises Plan To Return Darwin Port To Australian Ownership
SYDNEY, May 26 (Reuters) – China’s ambassador to Canberra has criticised the Australian government’s intention to return Darwin Port to local ownership, saying the Chinese company running…
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Maritime News
USCG Takes Ownership of Commercial Icebreaker
The Coast Guard announced it accepted ownership of the motor vessel Aiviq, a 360-foot polar class 3-equivalent icebreaker, from an…
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Maritime News
Japan’s Onomichi to Divest Ownership and Management of Colombo Dockyard
Japan’s Onomichi Dockyard Company has informed the board of Colombo Dockyard of its plans to divest its 51 percent ownership…
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