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CMA CGM Group strengthens strategic logistics development with GEFCO acquisition

portnews -
The CMA CGM Group, a world leader in shipping and logistics, is acquiring nearly 100% of the capital of GEFCO, European leader in automotive...
Companies

BSM extends its Fleet Monitoring Platform

portnews -
Bernhard Schulte Shipmanagement (BSM) makes further progress in the digitalisation of its fleet management. Building on the success of its existing LiveFleet monitoring platform,...
Companies

Tidewater Completes Swire Pacific Offshore Acquisition

portnews -
U.S.-headquartered offshore support vessels (OSV) owner Tidewater Inc. on Friday announced it has completed its acquisition of Singapore's Swire Pacific Offshore Holdings Limited (SPO),...
Companies

Tidewater Becomes Leading OSV Operator After Closing Swire Pacific Deal

portnews -
Houston-based Tidewater Inc. (NYSE: TDW) has completed its acquisition of Swire Pacific Offshore, becoming the world’s leading offshore support vessel (OSV) operator. Tidewater announced the...
Companies

Ukraine-Russia war takes toll on Konecranes’ operating profit for Q1 2022

portnews -
Konecranes has lost €47m (US$50.7m) in operating profit in the first quarter of 2022 as a result of the war in the Ukraine, having...
Companies

Alfa Laval deletes Russian orders for USD 62m – mainly in marine division

portnews -
Swedish firm Alfa Laval, provider of pumps and ballast water systems to the shipping industry, has in the first quarter 2022 deleted Russian orders...
Companies

Keppel FELS ends rig contracts with Fecon and Clearwater affiliate

portnews -
The clients failed to take the rigs and pay outstanding instalments. Keppel FELS Limited (Keppel FELS) terminated rig contracts with an affiliate of Clearwater Capital...
Companies

CMA CGM launches new intermodal solution for Harare in Zimbabwe

portnews -
CMA CGM has launched a new dedicated eco-friendly intermodal solution to serve the dynamic Harare province in Zimbabwe, complementing two current services via Beira...
Companies

Adani Acquires India’s Largest Marine Services Company Ocean Sparkle

portnews -
Adani Ports and Special Economic Zone Ltd through its subsidiary, The Adani Harbour Services Ltd , has entered into a definitive agreement for acquisition...
Companies

OOCL Making Aggresive Grab for Asia-Europe Market Share

portnews -
OOCL’s first-quarter operational numbers not only confirm the unflagging colossal profitability of the liner industry, but also reveal the Hong Kong-based carrier’s aggressive market...
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