Business News

CMA CGM Group Plans $20 Billion Investment in U.S. Maritime and Logistics

Published Mar 7, 2025 10:47 AM by The Maritime Executive

  CMA CGM Group announced plans for a significant $20 billion investment into the U.S. maritime and logistics sectors expa...

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Lauritzen Bulkers Buys Canadian Breakbulk Firm and Looks to Positive 2025

Published Mar 6, 2025 3:45 PM by The Maritime Executive

  Denmark’s Lauritzen Bulkers, one of the oldest operators tracing its roots back 140 years, reports it has acquired...

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CMB.TECH Expands Bulker Position Paying Fredriksen $1.2B for Golden Ocean

Published Mar 5, 2025 2:07 PM by The Maritime Executive

In a surprise move that was also seen as a vote of confidence for the lagging dry bulk sector, the Saverys family announced they...

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Innovations in Maritime Fluid Technology for a Low-Carbon Future

Published Mar 4, 2025 3:32 PM by Ronald Boffa

  The maritime industry is transforming due to an emphasis on carbon reductions, technological advancement, and stricter r...

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In the Know Podcast 65: Ben Palmer, President of Inmarsat Maritime

Published Mar 4, 2025 3:18 PM by The Maritime Executive

Inmarsat is synonymous with maritime satcom, and has provided a reliable data backbone to the industry for decades. With the arriv...

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Maersk Maps India Investment Strategy as it Names Boxship in Mumbai

Published Feb 28, 2025 4:49 PM by The Maritime Executive

Maersk celebrated the naming of its eleventh dual-fuel methanol containership today, February 28, in Mumbai, India.  It was...

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Costamare Reverses Course Planning to Spilt Boxship and Bulker Businesses

Published Feb 27, 2025 8:03 PM by The Maritime Executive

  Costamare which calls itself one of the leading owners and providers of containerships and dry bulk vessels for charter...

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Colonial Oil Industries Expands Marine Fueling With New Towboat and Barge

Published Feb 27, 2025 1:35 PM by Colonial Oil

  Colonial Oil Industries, Inc. (COI) is making a bold investment in the future of marine fuel transportation with the chr...

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Private Equity Investors Negotiating to Buy Historic French Shipping Firm

Published Feb 26, 2025 2:04 PM by The Maritime Executive

Louis Dreyfus Amateurs, which today is focused on offshore services, cargo and port operations, and logistics, is set to be acqu...

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Indonesia Arrests Pertamina Oil-Shipping Executives in $12B Corruption Case

Published Feb 25, 2025 3:07 PM by The Maritime Executive

Indonesia’s Attorney General’s Office revealed the details of an ongoing corruption case that they allege cost the s...

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