Oaktree ends decade in TORM with $311m Hafnia sale
Kiyaan Singh
Hafnia completed its purchase of about 14.1 million TORM A shares from Oaktree on 22 December 2025, paying $22 a share for $311.43 million and pushing Oaktree below the one-third…
CMA CGM Benjamin Franklin became the largest ship to transit through the Suez Canal in the last two years
The Suez Canal has recently recorded the passage of the CMA CGM Benjamin Franklin, which is the largest container ship to transit the canal in the past two years. This…
Malaysia MMC Port delay IPO, plans to 2025 full year result
Despite the investors’ huge interest in MMC Port IPO, MMC Port Holding has decided to postpone its planned IPO to next year. According to sources with knowledge of the matter,…
Paradip, Vizag Port Authorities and Sagarmala Finance Corp to jointly build a ₹21,500 crore new major port in Odisha
India’s Paradip Port Authority, Odisha Maritime Board & Sagarmala Finance Corporation signed an MoU for the 150 million tonnes (mt) per annum capacity(MTPA) Bahuda Satellite Port in Odisha with an…
OOCL add new Transpacific Latin Pacific service, names TLP8
Hong Kong-based Orient Overseas Container Line, famously known as OOCL, has added a new service Transpacific Latin Pacific service 8. It is an addition to the existing TLP1, TLP2, TLP5…
MSC Adds Surcharge on West Med–North America Route
MSC Introduces Peak Season Surcharge on West Med–North America Trade Starting 23 June 2025 MSC Mediterranean Shipping Company has announced a new Peak Season Surcharge (PSS) applicable to container shipments…
CMA CGM, SNP to Build Haiphong Deep-Water Terminal
CMA CGM and Saigon Newport Corporation to Develop $600M Deep-Water Terminal in Haiphong, Vietnam CMA CGM Group, a global logistics leader, has signed a partnership agreement with Saigon Newport Corporation…
WiseTech Acquires e2open for $2.1 Billion, to Go Private
WiseTech Global Acquires e2open in $2.1 Billion Deal to Build End-to-End Logistics Software Giant In one of the logistics tech sector’s biggest shake-ups of the year, WiseTech Global has announced…
Kuehne+Nagel Expands EU Freight Network via TDN Deal
Kuehne+Nagel Acquires Spain’s TDN to Boost EU Freight Connectivity Kuehne+Nagel is making a bold strategic move to solidify its footprint in Southern Europe. The global logistics major has entered into…
MSC Secures Brazilian Nod for Wilson Sons Deal
MSC’s $1.35 Billion Wilson Sons Takeover Clears Final Hurdle After months of speculation and a rigorous review process, MSC has crossed the final regulatory checkpoint in Brazil to seal its…
GRI Alert: Swire Shipping Raises Ocean Freight Tariffs
Swire Shipping’s June GRI: What Exporters Need to Know Shipping costs are once again on the rise. Swire Shipping has declared a new General Rate Increase (GRI) set to take…