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…
Pilbara Ports Launches Free Ship-wide Internet Wifi-access
Pilbara Ports Authority has launched the Free Ship-wide Internet Wi-Fi access at the Port of Port Hedland. The announced program offers internet WiFi and data top-ups for participating vessels on…
Korea to Build World’s Largest Hydrogen Carrier by 2040
South Korea Launches World’s Largest Hydrogen Carrier Project in Global Shipbuilding First South Korea is taking a bold leap toward maritime energy transition, announcing plans to build the world’s largest…
Bollinger, Edison Chouest Launch United Shipbuilding Alliance
Bollinger and Edison Chouest Launch United Shipbuilding Alliance to Deliver Next-Gen Arctic Icebreakers Bollinger Shipyards and Edison Chouest Offshore (ECO) have launched the United Shipbuilding Alliance (USA), a new industry…
ED Forwarding Joins PSA BDP’s Global Logistics Network
PSA BDP Acquires ED Forwarding to Expand Logistics Reach in Mexico and LATAM PSA BDP, a global logistics and supply chain solutions provider, has acquired a majority stake in ED…
Wallenius Wilhelmsen Acquires 100% of Armacup
Wallenius Wilhelmsen Acquires 100% of Armacup, Strengthening Asia-Oceania Automotive Trade Wallenius Wilhelmsen has finalized the full acquisition of Armacup, increasing its ownership from 65% to 100% in a strategic move…
DP World Expands APAC Logistics with Singapore Entry
DP World Launches First Logistics Facility in Singapore, Strengthening APAC Supply Chain Capabilities DP World has officially opened its first logistics asset in Singapore — a 13,000m² bonded warehouse located…
GTT Acquires Denmark’s Danelec to Scale Maritime Digitalization
GTT Acquires Danelec for €194 Million to Become Global Leader in Maritime Vessel Performance and Data Solutions Paris, France – May 2025: GTT (Gaztransport & Technigaz), a global leader in…
DHL Acquires IDS Fulfillment to Expand U.S. E-Commerce Reach
DHL Supply Chain Acquires IDS Fulfillment to Expand SME E-Commerce Capabilities in the U.S. May 28, 2025 – United States: DHL Supply Chain, the logistics arm of Germany-based parcel and…
DEME Completes €900M Acquisition of Havfram, Expands Offshore Wind Capabilities
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 Power Offshore Wind Surge
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…