COSCO to add 54 vessels to fleet with record orders
Chinese maritime giant COSCO Shipping will add 54 new vessels to its fleet after signing two major shipbuilding deals for…
Deal News
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Korea’s Ulsan Port and Hyundai invest in sustainable maritime fuels
Ulsan Port in South Korea is preparing to expand its use of sustainable marine fuels after signing a $17.6m deal…
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COSCO Shipping and Fortescue form partnership
Chinese major shipping corporation COSCO has signed a memorandum of cooperation with an Australian green technology and energy company, Fortescue. …
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DP World and Evyap Group complete strategic merger in Turkey
Logistics company DP World has completed a strategic merger with the Evyap Group to combine the operations of the Ports…
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TORM adds eight vessels to fleet with €340m purchase
Danish tanker shipping company TORM has increased its fleet after purchasing eight second-hand Medium Range (MR) vessels in a €340m…
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CMA CGM invests in Pasqal to explore quantum computing in maritime
Shipping giant CMA CGM has invested in quantum computing company Pasqal to introduce the technology into its operations and explore…
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Crystal Cruises rebuilding fleet with two vessel order at Fincantieri
The relaunched Crystal Cruises will add another two ships to its fleet after signing an agreement with Italian shipbuilder Fincantieri…
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SAS gets shareholder approval for GCC buyout
MSC subsidiary SAS Shipping Agencies Services has reached the “minimum acceptance” threshold with shareholders of its acquisition target Gram Car…
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Hanwha acquires Philly Shipyard for $100m
US shipbuilding company Philly Shipyard has sold to South Korea’s Hanwha in a deal worth $100m, following months of rumours…
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Unifeeder and MPC sign decarbonisation partnership
Logistics company Unifeeder and MPC Container Ships have formed a new strategic collaboration focussed on decarbonisation investments to drive both…
