Optimarin acquires ballast water treatment competitor Hyde Marine
Norwegian ballast water treatment system manufacturer Optimarin has acquired the Hyde Marine brand from Italy’s De Nora, as it looks…
02 Apr 2024
Australia’s Austal rejects Hanwha takeover bid over approval concerns
Australian shipbuilding and marine technology company Austal has rejected a takeover bid by South Korea’s Hanwha Ocean, citing uncertainty over the approvals of Australian and US regulatory bodies of the…
19 Mar 2024
Unique signs $1.7m deal with Kongsberg for mapping equipment
Subsea technology and engineering company Unique Group has signed a $1.7m contract with maritime tech business Kongsberg Discovery for seabed mapping and compact acoustic positioning equipment. The deal covers three…
01 Mar 2024
CMA CGM completes $5.2bn acquisition of Bolloré Logistics
French shipping company CMA CGM has completed the largest acquisition in its history with the €4.85bn ($5.24bn) purchase of Bolloré Logistics from The Bolloré Group. The purchase includes the entirety…
19 Feb 2024
Chemship installs first wind propulsion tech on chemical tanker
Dutch chemical tanker operator Chemship has become the first to utilise wind assisted propulsion technology after fitting VentoFoils from Econowind onto a chemical tanker. The company has fitted four 16m…
07 Feb 2024
Acquisition of HMM fails on “management rights”
South Korean container shipping firm HMM will remain in state control after negotiations with Harim Group failed to solidify a deal. Harim, which is best known for its poultry business,…
05 Feb 2024
AD Ports gains full control of Karachi Port’s East Wharf
The UAE’s AD Ports Group is extending its presence at Karachi Port in Pakistan, with a new agreement for bulk and cargo operations granting it full operational control of the…