Logistics software provider Descartes Systems Group has acquired Appterra, a U.S.-based provider of cloud-based business-to-business supply chain integration solutions. Appterra helps its customers connect electronically, automate supply…
Silver Green AS, owned 50% by Samskip, is changing its name to Silver Sea AS to mark the finalization of a series of ownership changes. The new name reflects a consolidation by Samskip of its position in the reefer vessel segment, including…
The Ports of Indiana announced that Indiana Michigan Power has agreed to sell its recently retired Tanners Creek coal plant in Lawrenceburg, Ind., to a brownfield redevelopment company that is working with the Ports of Indiana to evaluate the site for use as the state's fourth port…
Elektrans Group and a company affiliated to the reputed German tanker operator Chemikalien Seetransport G.m.b.H. (CST) and the consultancy and engineering company Marine Service GmbH have concluded a joint venture agreement to set up “CHEMTRANS India Private Limited”…
Ports America and Cooper/T. Smith have merged their breakbulk operations in the Port of Houston into a new joint venture (JV) called Cooper/Ports America, LLC, which will be referred to as C/PA. Operations commenced on Oct. 1, 2016. Additionally…
An Australian port and a stake in the Empire State Building's operator were among assets acquired by sovereign investors such as wealth funds and state pension funds in the third quarter of 2016, with deals totalling $21.2 billion.The combined…
Telenor Maritime has acquired SatPoint AB, a firm with a strong position in the Baltic Sea with more than 125 maritime broadband installations on ferries, merchant vessels, and floating accommodation units. The merger is dependent on approval from competition laws…
Glander International Bunkering, one of the industry’s oldest bunker trading and brokering firms, has announced that the group has merged with the Norwegian company Scandinavian Bunkering AS. Scandinavian Bunkering AS. was established in 1993 and as of September 26…
The Chamber of Marine Commerce will assume the assets, liabilities and staff of the Canadian Shipowners Association (CSA) following a new merger agreement that aims to create a united voice for commercial shipping in Canada and the United States…
Port, towage and logistics services company SAAM said it has signed through its subsidiary SAAM Puertos an agreement to acquire from the company Sociedad Portuaria Regional de Buenaventura (SPBRUN), the control of the two concessions at Puerto Caldera…
The new head office of KOTUG SMIT TOWAGE was opened September 23 in Rotterdam by mayor Ahmed Aboutaleb. KOTUG SMIT TOWAGE was founded on April 7, 2016 following the merger of the European harbor towage services of KOTUG and SMIT. After the start…
Carnival Corporation & plc has announced that its cruise joint venture in China has signed a non-binding memorandum of agreement (MOA) to order the industry’s first new cruise ships built in China for the Chinese market. The MOA is subject to…
Industry Innovators Combine to lead US Towing Vessel Compliance. Lloyd’s Register North America, Inc. has formally announced to the United States Coast Guard its intention to assume Subchapter M Third Party Organization duties effective immediately…
Sparkman & Stephens (S&S), the naval architecture and brokerage firm founded by Olin Stephens and Drake Sparkman in 1929, announced that it was acquired by a group of private investors led by Brooke S. Parish and John B. Reuter.The transaction…
Indian Register of Shipping (IRClass) has set up a new regional office in Hong Kong to serve the dynamic East Asia region.The move to establish a new regional office in Hong Kong represents another significant step for IRClass in its efforts to become a global classification society…
