Stay informed with real-time maritime industry updates
Seatrade Maritime
Hapag-Lloyd's $4.2 billion acquisition of Zim is seen as a pivotal moment in the container shipping industry, marking the end of an era of consolidation as top carriers compete for market share, according to Seatrade Maritime. This significant deal highlights the ongoing strategic maneuvers among leading shipping companies.
Splash247
Luxembourg-based CLdN has agreed to acquire Samskip’s UK and Ireland quay-to-quay and door-to-door freight business, as reported by Splash247. The acquisition includes Samskip’s container shipping services linking Rotterdam with UK ports such as Belfast, Blyth, Grangemouth, Hull, and Tilbury, along with Irish ports Cork, Dublin, and Waterford.
Seatrade Maritime
Oldendorff Carriers has signed a five-year agreement with UAE-based Emsteel to transport 25 million tonnes of iron ore pellets, as reported by Seatrade Maritime. The deal, valued at AED600 million ($163 million), highlights a significant collaboration in the dry bulk shipping sector.
Offshore Energy
Wärtsilä and Abu Dhabi Maritime Academy have entered into a partnership focused on enhancing sustainability in the maritime industry, as reported by Offshore Energy. This collaboration aims to leverage technology and training to advance environmental goals.
Offshore Energy
VARD has successfully delivered the seismic source vessel Sanco Sailor to Sanco Shipping, as reported by Offshore Energy. The vessel underwent conversion at VARD's facilities in Norway.
Splash247
Greek dry bulk company Almi Marine Management has re-entered the newbuilding market after a four-year hiatus, as reported by Splash247. The company, led by managing director Christos Hadjigeorgiou, has signed a contract with Nantong Cosco KHI Ship Engineering (NACKS) in China for two 64,000 dwt ultramax bulk carriers.
Splash247
Taylor Maritime, a London-listed dry bulk owner, has announced the sale of its 51st handysize vessel, as reported by Splash247. The company plans to release further transaction details upon completion, according to a stock exchange filing.
Offshore Energy
Eni has announced a significant gas and condensate discovery offshore Côte d'Ivoire, marking the country's second-largest find, as reported by Offshore Energy. The discovery underscores Eni's ongoing exploration success in the region.
Splash247
Unite, the UK's largest offshore trade union, has suspended a planned 48-hour strike by over 400 Bilfinger UK employees following an improved offer from the company, as reported by Splash247. The strike was initially set to impact offshore assets operated by BP, CNR, Ineos, Ithaca, and TAQA.
Yanmar Power Solutions plans to open a factory in Japan for marine hydrogen engines by 2029, as reported by Offshore Energy. This initiative is part of Japan's efforts to advance in sustainable maritime technology.
