Spends
-
Maritime News
MSC Spends $4B for Two New Cruise Ships at Chantiers de l’Atlantique
The cruise industry’s ambitious bet on continued growth extended further into the next decade on Tuesday as MSC Cruises signed…
Read More » -
Port News
Precious spends $66m on ultramax pair
Buyers from last week’s bulker sales are emerging, with Thailand’s Precious Shipping stepping in aggressively — outbidding rivals with just…
Read More » -
Port News
MPC Container Ships spends $228m on four 4,500 teu orders in China
Oslo-listed MPC Container Ships has placed a $228m order for four 4,500 teu container vessels at China’s Taizhou Sanfu Ship…
Read More » -
Port News
MOL spends $1.7bn buying Dutch tank terminal operator
Japanese shipowner Mitsui OSK Lines (MOL) is buying LBC Tank Terminals, one of the world’s largest independent tank terminal operators…
Read More » -
Port News
CMA CGM spends $2.5bn on a dozen newbuilds at China’s Jiangnan
France’s CMA CGM has signed up for a fresh series of containership newbuildings in China. The Marseille-headquartered liner giant is…
Read More » -
Port News
Equinor spends $2.5bn to become a shareholder in Ørsted
Norwegian energy major Equinor has acquired a 9.8% stake in Danish offshore wind player Ørsted and became the second largest…
Read More » -
Port News
China Merchants spends $1.4bn to take global newcastlemax orderbook past 100 units
China Merchants Shipping has lined up a massive newcastlemax shipbuilding programme at two domestic yards. Shipbuilding sources report the group’s…
Read More » -
Port News
Hapag-Lloyd spends $550m on new containers
Hamburg-based liner Hapag-Lloyd has splashed approximately $550m on new containers, making it one of the largest orders in the company’s…
Read More » -
Marine World
China’s Maritime One Belt Road Goes Digital As US Navy Spends Billions On Weapon Technology
“We will focus on digital empowerment,” says the latest CMSE investor report. “Our nations’ One Belt One Road strategy is relying…
Read More »