Singapore’s Cyan Renewables is acquiring subsea operator MMA Offshore in a deal worth $672 million.

ONE’s 2030 strategy will see a two-pronged investment process into sustainable shipping with a development of the “value chain” around shipping, which includes the development of terminal and inland services as well as a digital dimension.

Terntank announced it has placed an order for 1+1 of the next-generation oil and chemical tankers from China Merchants Jinling Shipyard.

China’s Jinzhao Peru was awarded the tender to build the country’s third largest port, in San Juan de Marcona.

GIT Coatings will supply its propeller coating to the entire Pacific Basin fleet after a successful trial on a supramax bulk carrier.

Wallenius Wilhelmsen has inked shipbuilding contract for the exercise of four optional 9,3000 ceu car carriers with China Merchants Jinling Shipyard.

The container shipping unit of COSCO Shipping Group, COSCO Shipping Lines, launched its first direct route connecting the North America East Coast to the West Coast of South America.

Zhoushan Changhong International Shipyard announced an order for two 115,000 tonnes-class LR2 tankers from Greek owner Navios Maritime Holdings.

Progress towards delivering the IMO’s revised GHG strategy was made at the latest meeting of the Marine Environment Protection Committee, MEPC 81, but plenty remains to be done ahead of the crucial MEPC 83 meeting in spring 2025.

AD Ports has invested in an intermodal logistics hub in Georgia which is due to come online later this year.