Business News

Cargo Handling Specialist MacGregor Sold to Private Equity Firm

Published Nov 14, 2024 8:09 PM by The Maritime Executive

  A well-known leader in maritime cargo and load handling, MacGregor is being sold to funds managed by Triton, a European...

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Malaysia’s MISC and Armada Explore Merger to Form Floating Production Giant

Published Nov 14, 2024 8:08 PM by The Maritime Executive

Two of Malaysia’s leading offshore energy and shipping companies announced today, November 14, in a stock exchange that th...

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Report: Shipping Execs Believe They Are Ready for Cyberattacks

Published Nov 13, 2024 10:40 PM by The Maritime Executive

  Many maritime professionals may have an overoptimistic view of cybersecurity readiness, according to a new study by...

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Kpler Acquires Spire Maritime to Enhance Maritime Data and Analytics

Published Nov 13, 2024 1:46 PM by The Maritime Executive

  Kpler, a data and analytics platform, is continuing its efforts to consolidate AIS maritime data analytics by acquiring...

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Louisiana Supply Boat Entrepreneur Abraham Ton Passes at 93

Published Nov 8, 2024 12:54 PM by The Maritime Executive

  Abraham Ton, a beloved husband, father, and businessman, passed away peacefully on September 30, 2024 at the age of 93....

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American Retailers: Tariff Hikes Would Raise Prices, Reduce Import Volume

Published Nov 6, 2024 9:42 PM by The Maritime Executive

  The tariffs that President-elect Donald Trump has proposed to enact on imports could raise retail costs on basics like a...

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Terminal Trouble: Is the EU Building Too Many Regasification Terminals?

Published Nov 6, 2024 4:56 PM by Erik Kravets

  When was the last time you made a great decision in the middle of a panic? In February 2022, Russia invaded Ukraine....

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Trump's Win Boosts Oil Stocks, But Offshore Wind and Ocean Freight Tumble

Published Nov 6, 2024 12:08 PM by The Maritime Executive

  The decisive electoral victory of future President Donald Trump has sent energy stocks soaring, while the initial invest...

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Former Siem Offshore Sees Growth Ordering New Vessels From COSCO

Published Nov 4, 2024 8:00 PM by The Maritime Executive

  The former Siem Offshore reformulated as Sea1 Offshore after the departure of founder and former chairman Kristian Siem...

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DFDS and Ekol Trade Barbs as Acquisition Unravels

Published Nov 4, 2024 5:11 PM by The Maritime Executive

  DFDS' plans to acquire Turkish freight company Ekol Logistics have fallen apart in a public and acrimonious feud, wi...

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