NYK to invest in shipping subsidiary of Pertamina

NYK has reached a basic agreement to invest in PT Pertamina International Shipping (PIS), a shipping subsidiary of PT Pertamina (Persero), a state-...
Read MoreDiana Shipping took delivery of a 2018-built Ultramax bulk carrier

Diana Shipping Inc., a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, announced that, through ...
Read MoreDiana Shipping announces a $200-million loan with Nordea Bank

Diana Shipping Inc., a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, announced that on Septemb...
Read MorePerformance Shipping to acquire a 2011-built Aframax for $35 million

Performance Shipping Inc., a global shipping company specializing in the ownership of tanker vessels, announced that it has signed, through a separ...
Read MorePerformance Shipping announces new loan of $18,2 mil. from Alpha Bank

Performance Shipping Inc. , a global shipping company specializing in the ownership of tanker vessels, announced that it has accepted a commitment...
Read MoreHapag-Lloyd acquires minority share in Italy-based Spinelli Group

Hapag-Lloyd and Spinelli Group have entered into an agreement to join forces. The German container liner-shipping company will acquire a 49% in ...
Read MoreEV Cargo acquires Air Express Cargo In Spain

EV Cargo, a Hong Kong headquartered global freight forwarding and supply chain services company, is pleased to announce the acquisition of 75% of t...
Read MoreA.P. Moller - Maersk completes acquisition of LF Logistics

Maersk (Maersk) announces the completion of its acquisition of LF Logistics, a Hong Kong-based contract logistics company, with premium capabilitie...
Read MoreMIDA and Maersk enter into strategic partnership to promote investments in Malaysia

A.P. Moller-Maersk has signed a Memorandum of Understanding (MOU) with the Malaysian Investment Development Authority (MIDA), to drive high-quality...
Read MoreDHT Holdings to sell a 2008-built VLCC, for $37 million

DHT Holdings, Inc. announces that it has entered into agreement to sell the DHT Edelweiss, a 2008 built VLCC, for $37.0 million. The vessel is not ...
Read MoreHICO has acquired the assets of Bengal Tiger Line

HICO, a privately owned trust fund owned by the Hartnoll family, has acquired the assets of Bengal Tiger Line from CMIA Capital Partners. The ch...
Read MoreGulf Navigation seals refinancing deal for 5 Petrochemical Tankers

Gulf Navigation Holding PJSC the Dubai Financial Market listed maritime and shipping company, announced successfully completing the transaction of ...
Read MoreSEKO Logistics acquires leading 3pl, Pixior, LLC

SEKO Logistics (SEKO), the leader in global end-to-end logistics solutions, announced the acquisition of Pixior, LLC. (Pixior), a leading 3PL and f...
Read MoreMaersk acquires Martin Bencher Group to strengthen project logistics management

A.P. Moller - Maersk (Maersk) has reached an agreement to acquire Martin Bencher Group, a Denmark-based project logistics company with premium capa...
Read MoreADNOC Logistics & Services acquires Zakher Marine International

ADNOC Logistics & Services (ADNOC L&S), the shipping and maritime logistics arm of Abu Dhabi National Oil Company (ADNOC), announced the a...
Read MoreHMM unveils future growth strategy with KRW 15 trillion investment plan

HMM reveals a mid-to long-term strategy to diversify its business portfolio for future growth and leap forward to be a global top-rated shipping an...
Read MoreADS Maritime Holding acquires stakes in modern shuttle tankers

ADS Maritime Holding Plc has agreed to acquire a 5 % shareholding in AET Sea Shuttle AS and AET Sea Shuttle II AS, the owners of 4 modern shuttle t...
Read MoreFrontline announced termination of charter-in contracts of two VLCCs

Frontline Ltd. announced that Frontline Shipping Limited has agreed with SFL Corporation Ltd. to terminate the long term charters for the 2004-bui...
Read MoreStena RoRo assisting Marad in purchase of two vessels

MARAD has signed a contract for the purchase of two vessels. Crowley serves as vessel acquisition manager (responsible for contract implementation)...
Read MoreScorpio Tankers announces agreements to sell three vessels

Scorpio Tankers Inc. announces that the Company has entered into agreements to sell three vessels (two LR2s and one MR). The sale price of the t...
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