Bw Group News

 

CMA CGM Group Announces $20 Billion Investment in U.S.

Mar 06, 2025

CMA CGM Group has announced a $20 billion investment to contribute to U.S. maritime economy and support the transformation of America’s domestic supply chain over the next four years.The announcement builds on CMA CGM Group’s 35-year presence in the U.S. Today, the Group operates in 40 states and employs 15,000 Americans. As a leading partner in U.S. trade, CMA CGM transports over 5 million shipping containers to and from the country each year…

All in the Family: The SunStone Maritime Group CEO Torch Passes to Carsten Lund

Jun 25, 2025

cut685bdfb8b3c6622a5fe1f2da_Lund Family1SunStone Maritime Group A/S takes next step in previously announced leadership transition.After 35 years as Chief Executive Officer, founder Niels-Erik Lund is retiring as CEO on June 30, 2025. Niels-Erik…

X-Press Feeders Group, COSCO SHIPPING Lines Partner to Enhance Feeder Connectivity

Jun 18, 2025

X-Press Feeders Group, the world’s largest independent common carrier, has signed two agreements with COSCO SHIPPING Lines, one of the world’s largest mainline operators, to expand network coverage, strengthen mainline-feeder coordination and improve service reliability…

Adani Ports Plans Local Market Comeback After 17 Month Hiatus

May 28, 2025

Adani Ports and Special Economic Zone, India's largest private port operator, plans a return to the domestic bond market after a 17-month hiatus in what could be its largest-ever rupee denominated debt issue, three merchant bankers said on Wednesday…

The CMA CGM Group to Acquire 35% Stake in October Dry Port

Apr 14, 2025

Following French President Emmanuel Macron’s state visit to Egypt, and in the presence of H.E. Kamel El Wazir, Deputy Prime Minister for Industrial Development and Minister ofTransport and Industry, the CMA CGM Group signed a partnership agreement with October Dry Port (ODP)…

NYK Group: Three Companies to Merge

Apr 14, 2025

Three shipping and ship-management companies within the NYK Group—Asahi Shipping Co., Ltd., Hachiuma Steamship Co., Ltd., and Mitsubishi Ore Transport Co., Ltd.—will merge as part of a business integration.Overview of New CompanyCorporate Name: NYK Bulkship Partners Co…

AD Ports Group Releases 2024 Annual Report

Apr 02, 2025

AD Ports Group, a leading global enabler of trade, transport, industry, and logistics, issued its 2024 Annual Report, which chronicled a year of revenue and profit growth, as the Group consolidated two major acquisitions and drove forward its profit-enhancing international expansion…

The Caravel Group acquires India's International Maritime Institute

Mar 12, 2025

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…

AD Ports Group Opens Al Faya Dry Port in Abu Dhabi

Feb 24, 2025

Abu Dhabi-based AD Ports Group has inaugurated a new, custom-bound inland dry port facility, enhancing the connectivity of Khalifa Port.Al Faya Dry Port, strategically located between Abu Dhabi and Dubai, will act as an Inland Container Depot (ICD) linked overland to Khalifa Port…

AD Ports and CMA CGM to Operate New Terminal in Congo

Feb 06, 2025

AD Ports Group and CMA CGM Group have agreed to jointly develop, manage and operate the New East Mole multipurpose terminal in Pointe Noire, Congo-Brazzaville, for which AD Ports Group received a 30-year extendable concession in June 2023.AD…

AES Acquires CWind from Inspirit Capital

Jan 08, 2025

All Energies Services Group (AES Group) has announced the acquisition of CWind Ltd, a market provider of offshore wind services, from private equity firm Inspirit Capital.This strategic acquisition marks a significant milestone in AES Group's…

Adani Ports withdraws DFC Port Funding Request

Dec 10, 2024

India's Adani Ports and Special Economic Zone Ltd  said on Tuesday it would finance its Colombo port terminal project through internal accruals and a capital management plan, withdrawing its request for funding from the U.S. International Development Finance Corp (DFC)…

Obituary: Capt John M Cox III (1930-2024)

Dec 02, 2024

Tributes have been paid to The Maritime Group (International) (TMG) founder Captain John M Cox III following his death at the age of 93.Capt Cox, known to his friends as Jack, died peacefully in Seattle on Thursday November 21 after a short illness…

LNG Tankers Divert to Europe After Russia Halts Austrian Supplies

Nov 18, 2024

At least five cargoes of LNG have diverted from Asia to Europe in the past few days, drawn by higher gas prices on the continent after Russia's Gazprom halted supplies to Austria's OMV, data from analytics firm Kpler showed.On Saturday Gazprom…

CMA CGM and SUEZ Partner on Biomethane

Oct 22, 2024

CMA CGM Group and circular waste management company SUEZ have signed a memorandum of understanding (MoU) to establish a long-term industrial partnership on biomethane, a renewable fuel produced through waste recovery, to help decarbonise shipping in Europe…

Logistics News

Great Lakes Limestone Trade Up in June

Great Lakes Limestone Trade Up in June

Consilium Safety Group Appoints New Chairman of the Board

Consilium Safety Group Appoints New Chairman of the Board

AAL Shipping Unveils Sixth Heavy Lift Super B-Class Vessel

AAL Shipping Unveils Sixth Heavy Lift Super B-Class Vessel

MDL Leases Land for Peterhead Offshore Project Support Site

MDL Leases Land for Peterhead Offshore Project Support Site

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