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Marine World
Diana Shipping Cuts Genco Stake Below 10% Weeks After Abandoning Takeover Bid
Diana Shipping has begun selling down its stake in Genco Shipping & Trading, dropping below the 10% ownership threshold just…
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Maritime News
NYK Acquires 50% Stake in Avenir LNG
Following receipt of the relevant regulatory clearances, NYK has completed the acquisition of a 50% stake in Avenir LNG Limited…
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Maritime News
Equinor Buys Out BP’s Stake in Bay du Nord Project off Newfoundland
Equinor has bought out the interests of its partner BP in the Bay du Nord offshore field off the coast…
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Maritime News
ADNOC’s XRG Expands Stake in Rio Grande LNG Project in Texas
ADNOC’s XRG has completed the acquisition of an additional equity interest in Trains 4 and 5 of the Rio Grande…
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Maritime News
Volkswagen Sells Majority Stake in Everllence to Bain Capital
Automaker Volkswagen Group has agreed to sell a majority stake in its storied diesel engine division, Everllence – previously known…
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Maritime News
TotalEnergies Gets Kremlin Approval to Sell Stake in Arctic LNG 2
After seven years of involvement, TotalEnergies has received approval to exit the Arctic LNG 2 liquefaction terminal project in Russia’s…
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Maritime News
TotalEnergies Remains Silent as Russia Approves Sale of Arctic LNG 2 Stake
Russian President Vladimir Putin has approved the sale of a 10% stake in the sanctioned Arctic LNG 2 project held…
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Maritime News
MSC Acquires Majority Stake in Ukrainian Terminal Operator
Media reports from Ukraine indicate that MSC Mediterranean Shipping Company has acquired a controlling stake (51 percent) in Ukrainian terminal…
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Port News
CMB.TECH increases stake in TFG Marine
Belgian shipowner CMB.TECH has increased its shareholding in Trafigura-backed TFG Marine and committed to sourcing its bunker fuel requirements through…
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Port News
De Jong Shipping takes stake in Belgian inland shipping specialist TransMatch
Dutch maritime operator De Jong Shipping Group has acquired a minority stake in Belgian inland shipping company TransMatch, marking its…
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