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Maritime News
IFM Investors Fund to Acquire Majority Stake in Associated British Ports
Canada Pension Plan Investment Board (CPP Investments) and OMERS have agreed to sell their combined 63.9% stake in Associated British…
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Marine World
A.P. Moller Capital Takes Majority Stake in Euroports
A.P. Moller Capital has agreed to acquire a majority stake in Euroports Group, adding one of Europe’s largest bulk and…
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Marine World
MSC Said in Talks to Buy German State-Held Meyer Werft Stake
(Bloomberg) — MSC Mediterranean Shipping Co. is in talks to acquire the roughly 80% stake in German cruise-ship builder Meyer…
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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
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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