DEME Completes €900 Million Acquisition of Havfram, Expands Offshore Wind Installation Capabilities Oslo/Antwerp – May 2025: In a landmark transaction reshaping the offshore wind installation landscape, Belgian marine engineering leader…
DEME Acquires Havfram to Strengthen Offshore Wind Energy Operations In a decisive move that underscores Europe’s accelerating push toward clean energy, Belgium’s DEME Group has completed its acquisition of Norway-based…
French shipping company CMA CGM has announced new Peak Season Surcharges (PSS) on cargo shipments from North Europe and the Mediterranean to Latin America and the Caribbean. The cargo shipments…
After CMA-CGM, German shipping carrier Hapag-Lloyd has also announced a Peak Season Surcharge (PSS) from East Asia to North America. The peak season surcharge will be effective from 12 May…
Following a major trade policy recommendation aimed at reducing China’s position in the Global ship construction market, South Korean shipbuilder Hanwha Ocean (Hanwha Philly Shipyard in the USA) plans to…
DHL Express, a division of Germany’s Deutsche Post, has announced that it will suspend global business-to-consumer (B2C) shipments valued over $800 to individuals in the United States starting April 21.…
India has exported its first pomegranate consignment to the U.S.A. via sea route. The pomegranate consignment comprising 4,620 boxes, weighing around 14 tonnes, has reached the U.S. East Coast in…
India’s largest integrated transport utility, Adani Ports and Special Economic Zone Ltd (APSEZ), has acquired the North Queensland Export Terminal (NQXT) in Australia, adding 50 MTPA capacity. In all-share deals,…
A.P. Moller Holding Launches Voluntary Offer to Acquire and Delist Svitzer Group In a decisive move to strengthen its portfolio and support long-term growth, A.P. Moller Holding has announced a…
Importing Vintage cars in India needed an Import license, and acquiring the license turned into a nightmare for auto enthusiasts. However, with the notification from the Ministry of Commerce and…
Kiyaan Singh