Three shipping and ship-management companies within the NYK Group—Asahi Shipping Co., Ltd., Hachiuma Steamship Co., Ltd., and Mitsubishi Ore Transport Co., Ltd.—will merge as part of a business integration.Overview of New CompanyCorporate Name: NYK Bulkship Partners Co…
AD Ports Group, a leading global enabler of trade, transport, industry, and logistics, issued its 2024 Annual Report, which chronicled a year of revenue and profit growth, as the Group consolidated two major acquisitions and drove forward its profit-enhancing international expansion…
Dr. Harry S. Banga and Mr. Angad Banga of The Caravel Group announced their acquisition of the International Maritime Institute (IMI), a maritime academy. In addition to its commitment to future seafarers, the Group will leverage IMI’s capabilities to strengthen the training available to its 28…
CMA CGM Group has announced a $20 billion investment to contribute to U.S. maritime economy and support the transformation of America’s domestic supply chain over the next four years.The announcement builds on CMA CGM Group’s 35-year presence in the U…
Abu Dhabi-based AD Ports Group has inaugurated a new, custom-bound inland dry port facility, enhancing the connectivity of Khalifa Port.Al Faya Dry Port, strategically located between Abu Dhabi and Dubai, will act as an Inland Container Depot (ICD) linked overland to Khalifa Port…
AD Ports Group and CMA CGM Group have agreed to jointly develop, manage and operate the New East Mole multipurpose terminal in Pointe Noire, Congo-Brazzaville, for which AD Ports Group received a 30-year extendable concession in June 2023.AD…
Hornblower Group is excited to announce the appointment of Len Wolin as President of City Experiences, effective January 20. In his new role, Wolin will lead the strategic direction of City Experiences, which encompasses Hornblower Group’s diverse…
All Energies Services Group (AES Group) has announced the acquisition of CWind Ltd, a market provider of offshore wind services, from private equity firm Inspirit Capital.This strategic acquisition marks a significant milestone in AES Group's…
Tributes have been paid to The Maritime Group (International) (TMG) founder Captain John M Cox III following his death at the age of 93.Capt Cox, known to his friends as Jack, died peacefully in Seattle on Thursday November 21 after a short illness…
At least five cargoes of LNG have diverted from Asia to Europe in the past few days, drawn by higher gas prices on the continent after Russia's Gazprom halted supplies to Austria's OMV, data from analytics firm Kpler showed.On Saturday Gazprom…
The CMA CGM Group has announced the winners of its first CMA CGM Startup Awards.The international competition, organized in partnership with BFM Business, La Tribune and ZEBOX, attracted over 400 entries from innovative startups. 60 finalists…
CMA CGM Group and circular waste management company SUEZ have signed a memorandum of understanding (MoU) to establish a long-term industrial partnership on biomethane, a renewable fuel produced through waste recovery, to help decarbonise shipping in Europe…
Marlink acquired 100% of Port-IT, a leader in cyber security solutions tailored for the maritime industry.Port-IT brings the combination of a state-of-the-art cyber security solutions portfolio together with a long-standing experience in the maritime industry…
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