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…
GHIAL Acquires Full Stake in ESR GMR Logistics Park
GHIAL Acquires 100% of ESR GMR Logistics Park to Expand Aerotropolis Strategy GMR Airports has tightened its grip on Hyderabad’s airport-driven growth story. Through its subsidiary, GMR Hyderabad International Airport…
DBS Extends $150M to Adani Ports Amid Recovery From DOJ Setback
Adani Ports Secures $150M Loan from DBS Amid Lender Confidence Revival In a key move to regain international lender trust, Adani Ports & Special Economic Zone has locked in a…
Vadhavan Port to Surpass JNPA in Size and Scale
India’s Largest Container Port to Rise in Palghar: Inside the Vadhavan Project India is preparing to rewrite the rules of global maritime trade. The upcoming Vadhavan Port in Palghar, Maharashtra,…
NVOCC Pitt Ohio Open Maritime Terminal in Norfolk Virginia
ess-than-truckload carrier Pitt Ohio in a official announcement that it has opened 15,000 ft.² facility with 37 door Cross-Dock maritime terminal near port of norfolk. The facility is 10 miles…
Stord Acquires Ware2Go From UPS in Fulfillment Deal
Stord Acquires Ware2Go from UPS, Gains 21 Warehouses and Expands U.S. Fulfillment Power In a bold move to expand its logistics footprint and accelerate market penetration, Stord has acquired Ware2Go,…
Adani, JSW Infra Invest ₹29,500 Cr in Logistics Push
Adani Ports and JSW Infra Place ₹29,500 Cr Bet on Integrated Logistics to Drive Future Growth India’s top private port operators—Adani Ports and JSW Infrastructure—are going all-in on integrated logistics.…
Lithuania Commissions LNS Lokys Tugboat at Klaipėda
Lithuanian Navy Commissions Damen-Built Tugboat LNS Lokys to Boost Maritime Support and Safety In a historic milestone for Lithuania’s naval capabilities, the LNS H–24 Lokys, a state-of-the-art harbor tugboat, has…
Folk Maritime Adds 3 Saudi-Flagged Ships to Fleet
Folk Maritime Expands Saudi Fleet with Three New Vessels to Power Vision 2030 Logistics Strategy Folk Maritime Services Company has announced a major step forward in its domestic fleet development…
Minerva Buys 1,781 TEU Ship Mindoro for $31.5M
Minerva Acquires 1,781 TEU Mindoro for $31.5M, Expanding Young Container Ship Fleet Greek shipping company Minerva Marine has acquired the three-year-old, 1,781 TEU container vessel Mindoro from Germany’s Briese Schiffahrt…
Margaritaville at Sea Acquires Costa Fortuna
Margaritaville at Sea Acquires Costa Fortuna, Unveiling Major Cruise Expansion Plans for 2026 Three years after launching its first cruise under the laid-back Margaritaville brand, Margaritaville at Sea is making…