International consulting engineering company Haskoning announced the acquisition of Portwise, a consultancy active in planning and simulation of ports and terminals. Portwise is headquartered in the Netherlands and operates globally. Portwise…
Seatrium has completed divested its AmFELS Yard located at Brownsville in Texas to Karpower Valley, a related party of Karpowership.The divestment, first announced in September 2025 and completed on January 30, 2026, will allow Seatrium to enhance capital and operational efficiencies…
Abu Dhabi Ports Group, via its subsidiary SAFEEN Drydocks, has acquired full ownership of Balenciaga Astilleros Shipyard in Spain for a total consideration of $13.1 million, consolidating the group’s operations in Spain and the Mediterranean and supporting its expansion in the offshore wind sector…
Genco Shipping & Trading Limited has firmly pushed back on takeover interest from Diana Shipping Inc., with its board unanimously rejecting a non-binding $20.60-per-share cash proposal that it says 'significantly undervalues' the company and carries unacceptable execution risk…
SeaCube Cold Solutions, backed by SeaCube Container Leasing, the leading investor in refrigerated equipment, has acquired Martin Container, the portable cold storage container company serving the West Coast. This strategic alignment brings together…
Ellerman City Liners, part of GB Global, has acquired Viasea Shipping from Norway’s ColliCare Holding AS, a move that strengthens Ellerman’s position in the European shortsea shipping market and deepens its commitment to sustainable logistics solutions…
Medov Group acquired a majority stake in Programma Mare S.r.l., a historic La Spezia-based company that has modernized traditional packaging methods for the storage and international shipment of yachts.The announcement was made by Giulio Schenone…
Svanehoj, an ITT company, acquired Germany-based Köhler & Hörter GmbH (KOHO Kompressorsysteme, or KOHO), a family-owned company specializing in high-quality compressors for a wide range of industries, including shipbuilding. The acquisition closed on October 1…
The Port of Philadelphia - PhilaPort has acquired the Mustin Yard from Norfolk Southern Corporation, deemed as one of the critical assets for the port’s future growth.Located adjacent to PhilaPort’s SouthPort Marine Terminal, the 152-acre Mustin…
Seatrium has divested its AmFELS Yard located at Brownsville in Texas, in the United States, for a consideration of $50.7 million (S$65 million).The accretive divestment will allow Seatrium to enhance capital and operational efficiencies, while unlocking value from one of its surplus facilities…
South Korea's HD Hyundai Heavy Industries is in talks with multiple companies about buying a U.S. shipyard, a senior company executive said, seeking to tap into President Donald Trump's push to revive America's ailing shipbuilding industry.The…
The Pasha Group, together with The Northwest Seaport Alliance (NWSA), announced Pasha Logistics LLC’s acquisition of certain assets of MacMillan-Piper LLC and Tacoma Transload LLC. The expansion follows the successful completion of an asset…
Dr. Harry S. Banga and Mr. Angad Banga of The Caravel Group announced their acquisition of the International Maritime Institute (IMI), a maritime academy. In addition to its commitment to future seafarers, the Group will leverage IMI’s capabilities to strengthen the training available to its 28…
Mitsui O.S.K. Lines (MOL) has acquired 100% of the membership rights of LBC Tank Terminals Group Holding Netherlands Coöperatief (LBC), one of the world’s largest independent tank terminal operators primarily handling and storing chemicals in Europe and the United States…