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Port News
Hafnia swoops for 14.5% Torm stake in $311 deal with Oaktree
Singapore-based product tanker giant Hafnia has agreed to acquire a 14.45% holding in Danish rival Torm from Oaktree Capital Management…
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Port News
Diana Shipping reaches near 10% stake in Genco
Greek dry bulk owner Diana Shipping has increased its stake in US-listed peer Genco Shipping & Trading. Filing with the…
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Maritime News
China Threatens to Block Ports Sale Unless National Shipping Company Cosco Receives Stake
China is threatening to block the sale of more than 40 ports, owned by Hong Kong-based CK Hutchison, to BlackRock…
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Marine World
Report: China Threatens to Block Panama Ports Deal Unless COSCO Gets a Stake
China is threatening to block the sale of more than 40 ports, owned by Hong Kong-based CK Hutchison, to BlackRock and Mediterranean…
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Port News
Trafigura takes stake in ZeroNorth
Global commodities powerhouse Trafigura has taken a strategic equity stake in a well-known vessel optimisation brand, ZeroNorth. The new partnership…
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Port News
Indian shipbuilder buys majority stake in Sri Lanka’s largest yard
India’s state-run Mazagon Dock Shipbuilders Limited (MDL) has announced its first international acquisition by securing a controlling 51% stake in…
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Port News
Aristides Pittas sells majority stake in EuroHoldings to Latsis-linked Marla Investments
EuroHoldings, the NASDAQ-listed container shipping company spun off from Euroseas earlier this year, has announced a change in ownership following…
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Port News
HHLA buys majority stake in Ukrainian intermodal terminal
Hamburger Hafen und Logistik AG (HHLA) has decided to invest in another terminal in Ukraine. The company is acquiring 60%…
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Maritime News
Marubeni Announces Stake in Gearbulk Ending Jebsen’s Family 57 Year Control
Norwegian shipowner Kristian Jebsen and his family have reached an agreement with will complete their exit from Gearbulk, a…
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Port News
Rodolphe Saadé takes stake in French cinema giant
CMA CGM head Rodolphe Saadé’s sprawling media empire has another marquee brand. Merit France, Saadé’s family holding, has taken a…
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