CMA CGM Group has agreed with Container Finance Ltd Oy to acquire Containerships, a container shipping and logistics services provider based in Finland, for an undisclosed sum.

The acquisition will enable CMA CGM Group to expand its regional network.

The transaction is subject to regulatory approvals.

Based in France, CMA CGM Group offers transportation and shipping services.

Royal Caribbean Cruises (RCL) has agreed to acquire a stake in Silversea Cruises, a privately owned mid-market cruise line based in Monaco.

The deal, which is valued at $1bn, will involve RCL buying a 66.7% stake in Silversea Cruises.

GlobalData Strategic Intelligence

US Tariffs are shifting - will you react or anticipate?

Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.

By GlobalData
“The transaction will enable Royal Caribbean Cruises to offer new vacation options to customers.”

RCL intends to fund the acquisition through debt. The chairman of Silversea Cruises, Manfredi Lefebvre D’Ovidio, will also receive 470,000 shares in RCL, upon achievement of certain performance metrics during 2019-2020.

Scheduled for completion later this year, the transaction will enable Royal Caribbean Cruises to offer new vacation options to customers.

Monjasa, a trade and marine fuel supply firm based in Denmark, has completed the acquisition of a 3,600DWT tanker named MT Fredericia.

The 2008-built bunker tanker will be used by Monjasa for bunker operations in the English Channel.

The vessel is currently performing bunkering operations across Falmouth, Portland, and Tongue Anchorage areas.

MT Fredericia will continue to supply fuel to vessels passing through the Sulphur Emission Control Area (SECA) zone.

Ship Technology Excellence Awards - Have you nominated?

Nominations are now open for the prestigious Ship Technology Excellence Awards - one of the industry's most recognised programmes celebrating innovation, leadership, and impact. This is your chance to showcase your achievements, highlight industry advancements, and gain global recognition. Don't miss the opportunity to be honoured among the best - submit your nomination today!

Nominate Now