MSC Group Acquires 50 Percent Stake in Sinokor Maritime
Investment framework agreement has officially been signed establishing a joint ownership structure between the MSC Group and South Korean shipping…
ONE Increases Stake in Seaspan Parent Company Poseidon to 48.9%
Ocean Network Express (ONE) has signed new agreements with existing shareholders to acquire an additional stake in Poseidon Corp. As…
Diana Shipping Elevated Genco Acquisition Bid
Diana Shipping has increased its all cash offer to acquire fellow dry bulk operator Genco Shipping & Trading. Under the…
MSC and BlackRock Resume Talks for $23B CK Hutchison Port Acquisition
Nearly a year after the initial announcement, MSC Mediterranean Shipping Company and U.S. investment group BlackRock have reportedly resumed negotiations…
cargo.one Acquires Cargofive to Build Multimodal Freight AI Platform
cargo.one has officially acquired the ocean rate platform Cargofive. Completed on February 25 and backed by approximately $20 million in…
Algoma Central Acquires Mainstay Maritime’s Canadian Great Lakes Fleet
Algoma Central has agreed to purchase three Canadian operating companies and six Canadian-flagged Lakers from Mainstay Maritime. The transaction allows…
UK Sells Decommissioned HMS Enterprise to Bangladesh Navy
The United Kingdom has officially sold the decommissioned Royal Navy survey ship, HMS Enterprise, to the Bangladesh Navy. Following a…
DP World and APMT partner at Jeddah terminal
DP World and APM Terminals (APMT) have established a strategic partnership at the Southern Container Terminal in Saudi Arabia’s Jeddah…
Australian Logistics M&A: Macquarie Buys Qube Holdings
Qube Holdings has officially agreed to be acquired by Macquarie Asset Management following nearly three months of negotiations. The deal…
Hapag-Lloyd Confirms Talks to Acquire ZIM for $3.5 Billion
The Management Board of Hapag-Lloyd has officially confirmed that it is in advanced negotiations to acquire all shares of ZIM…