Dow to sell marine and terminal operations for $620m
Dow has signed an agreement to sell part of the US Gulf Coast marine and terminal operations and assets to…
20 Aug 2020
DP World’s Unifeeder acquires three Transworld business units
DP World subsidiary Unifeeder has acquired feeder and regional trade operators from Dubai-based Transworld Group to serve the fast-growing markets. Completed via the Unifeeder ISC (Indian Subcontinent) platform, the subsidiary…
11 Aug 2020
HMM to divest stake in TTI Algeciras to CMA CGM
South Korea’s HMM has signed an agreement with CMA CGM to sell its 50% stake minus one share in Spain’s Total Terminal International (TTI) Algeciras. The financial terms of the…
24 Jul 2020
CCI clears Adani Ports’ acquisition of Krishnapatnam Port
The Competition Commission of India (CCI) has given the approval for Adani Ports and Special Economic Zone’s (Adani Ports) acquisition of Krishnapatnam Port Company (KPCL). The deal includes the acquisition…
22 Jul 2020
Wilhelmsen Ship Management to acquire 50% of Ahrenkiel Steamship
Wilhelmsen Ship Management is planning to acquire a 50% stake in Ahrenkiel Steamship GmbH, which is a part of the MPC Capital Group. The transaction is subject to approval from…
17 Jul 2020
DP World to acquire Mumbai-based Shreyas Shipping and Logistics
Port operator DP World is in talks to acquire Shreyas Shipping and Logistics and Avana Global Logistek from Dubai-based Transworld Group. The port operator is in advanced talks for the…
15 Jul 2020
Green Yard to take over Norway’s bankrupt Kleven Verft
Norwegian ship recycling company Green Yard will take over the struggling Kleven Verft shipyard that has recently filed for bankruptcy. Green Yard has entered an agreement with the bankruptcy authorities…