Business

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A subsidiary of Klaveness Combination Carriers ASA (“KCC”) has concluded a sale of the 2001-built CABU vessel, MV Banasol, as a dry bulk vessel, says a press release published on their website. The second hand value Second-hand values for older panamax...
Germany’s oldest private bank has expanded its portfolio with two new closed-end multi-investor shipping funds. The funds are aimed at institutional investors and are launched in collaboration with Universal-Investment-Luxembourg as an alternative investment fund manager.Germany’s private bank Berenberg...
Maersk signs a global end-to-end logistics agreement with Danish Crown from 2021. The three-year end-to-end agreement covers all Danish Crown’s business units, delivering solutions on ocean services, inland logistics and cold chain logistics. Access to the digital supply...
The agreement focuses on the assessment of investment opportunities for the two companies in renewable hydrogen projects across Spain and Portugal. This agreement represents for both companies, a further step in their commitment to accelerate the energy transition...
Ocean Infinity has sealed its fifth acquisition this year, buying Norwegian technology developer for autonomous port operations Red Rock. Red Rock is spearheading the development of digital and autonomous solutions to revolutionise lifting and handling both onshore and...
LNG shipping player GasLog has landed a refinancing deal through a note purchase from the US-based investment firm Carlyle and energy and energy-related infrastructure investor EIG. The two companies have signed up for an amount of up to...
The Northern Lights joint venture has awarded contracts for the construction of two dedicated CO2 carriers to Dalian Shipbuilding Industry Co., Ltd, reports the company website. Vessels to transport liquid CO2 As part of the first phase of its CO2 transport...
 A recent news article published in the Reuters states that Qatar Petroleum changes name to Qatar Energy.Qatar Petroleum name changed  Qatar Petroleum changed its name to Qatar Energy, Qatari newspaper The Peninsula said on Monday, citing an internal announcement to...
 Pan Ocean ordered two 1,000 teu ships from Daehan Shipbuilding The newbuilding order is Daehan’s first commission for containershipsPan Ocean orders the first pair of feeders to be built by Daehan Shipbuilding, reports The Load Star. About the deal Pan...
“Supply chain” has become a political topic or even a popular meme? Exceed. You can still see cargo moving like snakes in the global transportation system, with ships unloading and loading containers. Clearing the backlog may seem slow....
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