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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 Oil Freight Rates to India Remain High

Russian Oil Freight Rates to India Remain High

EU Wheat Falls Further As Market Awaits Black Sea Diplomacy

EU Wheat Falls Further As Market Awaits Black Sea Diplomacy

Russia Ships More Than 10 Million Barrels of Crude to China Via Northern Sea Route

Russia Ships More Than 10 Million Barrels of Crude to China Via Northern Sea Route

Baltic Index Hits Almost Five-Year High

Baltic Index Hits Almost Five-Year High

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Bild: German police investigate a new grid sabotage attack
Typhoon Saudel floods China's coast with torrential rain
Bild reports that German police are responding to new attempts at sabotage on power grids.