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Joint Venture News

 

Chemical Vessel Ops target of Odfjell, Nissen Kaiun JV

Nov 20, 2025

Odfjell SE and Japan’s Nissen Kaiun Co., Ltd. have formed a new Bergen-based joint venture, Odfjell Hakata Maritime AS, marking a significant expansion of their long-standing partnership and adding substantial capacity to the global chemical tanker market.The JV will launch with a fleet of 10 stainless-steel chemical tankers, equally contributed by the two companies. Nine of the vessels are already operating under Odfjell Tankers via existing charter agreements…

Ottco, Royal Vopak to Establish Joint Venture in the Special Economic Zone at Duqm

Oct 27, 2025

Oman Tank Terminal Company (OTTCO), a subsidiary of OQ Group, and Royal Vopak, signed a shareholder agreement to establish a new company in the Special Economic Zone at Duqm (SEZAD). The agreement, concluded during the Duqm Economic Forum 2025…

Noatum Maritime, ASRY Establish Bahrain JV

Feb 21, 2025

Noatum Maritime, part of AD Ports Group’s Maritime & Shipping Cluster, offering a portfolio of maritime solutions, formed a joint venture (JV) with Arab Shipbuilding & Repair Yard Company (ASRY), the Arabian Gulf's leading maritime repair and fabrication facility…

Pelagus 3D, Immensa Partner Up to Service Maritime and Energy Industries

May 23, 2024

Pelagus 3D, a joint venture company of thyssenkrupp and Wilhelmsen, announces it has signed a Strategic Collaboration Agreement with Immensa, MENA’s largest digital manufacturer to develop spare parts for the maritime and energy industries.The…

Logistics News

Russian Wheat Exports Rise in Price as Black Sea Supplies Dwindle

Russian Wheat Exports Rise in Price as Black Sea Supplies Dwindle

European Wheat Prices Fall on Hopes of Black Sea Peace

European Wheat Prices Fall on Hopes of Black Sea Peace

80 Vessels Queue to Enter the Danube

80 Vessels Queue to Enter the Danube

The Switch Receives Highest Marine Electric Machine Orders to Date in July

The Switch Receives Highest Marine Electric Machine Orders to Date in July

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Ground crews at Qantas Airways in Australia vote to strike over "rock-bottom" pay
Over the weekend, vessels crossing Strait of Hormuz will drop to five per day.
APK-Inform reports that weekly exports to Ukraine have increased by 28%.