Spins
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Port News
Marinakis spins out tanker arm for $345m Oslo raise
Greece’s Capital Tankers Corp, a tanker owner linked to Evangelos Marinakis-led Capital Maritime & Trading, is preparing to list in…
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Maritime News
Thyssenkrupp Spins Off Submarine Builder TKMS
After start-and-stop attempts to find a buyer for naval shipbuilding division TKMS, German industrial conglomerate Thyssenkrupp has decided to…
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Port News
DNV spins off maritime software unit as CFARER
Class society DNV has formally launched CFARER, a new maritime software company spun out from its former DNV Maritime Software…
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Port News
Bassadone spins off Peninsula’s shipping business
Bunkering giant Peninsula has spun off its shipping activity. John Bassadone, Peninsula’s founder, yesterday officially launched his shipping venture, Hercules…
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Port News
Sumitomo spins off its ship trading business
Effective April 1 next year Japanese trading house giant Sumitomo Corporation is spinning out its ship trading business to a…
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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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