Subsidiary
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Maritime News
McDermott’s Subsidiary Grabs Marsa LNG Job Worth Up To $250M
CB&I, a wholly owned subsidiary of McDermott, has been awarded a significant contract by TotalEnergies and OQ joint venture for…
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Marine World
MSC Subsidiary Launches $700 Million Takeover of Gram Car Carriers
SAS Shipping Agencies Services, a wholly-owned subsidiary of the world’s largest container shipping line, MSC Mediterranean Shipping Company, plans to…
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Port News
Jones Act leasing business launched by Libra subsidiary
Seapath, part of Libra Group, has launched a Jones Act leasing business with $25m of initial transactions already concluded. Seapath’s…
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Maritime News
Iberdrola Offers to Acquire U.S. Renewables and Wind Subsidiary Avangrid
Spain’s Iberdrola, one of the world's biggest energy companies, is proposing to take private its U.S. operating company Avangrid…
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Port News
Iberdrola makes $2.5bn offer to take full control of US subsidiary Avangrid
Spanish electric utility company Iberdrola has launched an offer to acquire the remaining stake in its US subsidiary Avangrid. Avangrid…
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Marine World
Ingram Barge Company Forms New Infrastructure Subsidiary
Leading U.S. inland waterways carrier Ingram Barge Company has announced the creation of Ingram Infrastructure Group, a new subsidiary that…
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Maritime News
Red Sea crisis: Missile attacks prompt Maersk subsidiary to halt transits, as emissions surge due to rerouting
Two U.S.-flagged containerships, Maersk Detroit and Maersk Chesapeake, operated by Maersk Line, Limited, a […] The post Red Sea crisis:…
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Maritime News
Report: COSCO Quits Serving Israel, Joining its Subsidiary OOCL
World-leading shipowner and number-four ocean carrier China COSCO has canceled all service to Israel, joining its subsidiary OOCL. OOCL suspended…
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Maritime News
NYK Subsidiary, MarCoPay Test Paying Seafarers' Salaries in Digital Currency
An NYK Group shipmanagement subsidiary has begun to pay seafarers’ salaries in digital currency issued by MarCoPay Inc., a joint…
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Shannon Buys Ardent’s Australian Subsidiary
The Ardent Group sold its Australian subsidiary Ardent Oceania Pty Ltd to its managing director Drew Shannon. It will continue…
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