Business News
Cargo Handling Specialist MacGregor Sold to Private Equity Firm
A well-known leader in maritime cargo and load handling, MacGregor is being sold to funds managed by Triton, a European...
Read More >>Malaysia’s MISC and Armada Explore Merger to Form Floating Production Giant
Two of Malaysia’s leading offshore energy and shipping companies announced today, November 14, in a stock exchange that th...
Read More >>Report: Shipping Execs Believe They Are Ready for Cyberattacks
Many maritime professionals may have an overoptimistic view of cybersecurity readiness, according to a new study by...
Read More >>Kpler Acquires Spire Maritime to Enhance Maritime Data and Analytics
Kpler, a data and analytics platform, is continuing its efforts to consolidate AIS maritime data analytics by acquiring...
Read More >>Louisiana Supply Boat Entrepreneur Abraham Ton Passes at 93
Abraham Ton, a beloved husband, father, and businessman, passed away peacefully on September 30, 2024 at the age of 93....
Read More >>American Retailers: Tariff Hikes Would Raise Prices, Reduce Import Volume
The tariffs that President-elect Donald Trump has proposed to enact on imports could raise retail costs on basics like a...
Read More >>Terminal Trouble: Is the EU Building Too Many Regasification Terminals?
When was the last time you made a great decision in the middle of a panic? In February 2022, Russia invaded Ukraine....
Read More >>Trump's Win Boosts Oil Stocks, But Offshore Wind and Ocean Freight Tumble
The decisive electoral victory of future President Donald Trump has sent energy stocks soaring, while the initial invest...
Read More >>Former Siem Offshore Sees Growth Ordering New Vessels From COSCO
The former Siem Offshore reformulated as Sea1 Offshore after the departure of founder and former chairman Kristian Siem...
Read More >>DFDS and Ekol Trade Barbs as Acquisition Unravels
DFDS' plans to acquire Turkish freight company Ekol Logistics have fallen apart in a public and acrimonious feud, wi...
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