Nor-Shipping Partners with SeaFocus
Nor-Shipping is partnering with business platform SeaFocus in an agreement aimed at connecting maritime companies with talented students.SeaFocus is an international organization…
Cerberus to Acquire Subsea Communications Business from TE Connectivity
Cerberus Capital Management announced that one of its affiliates has entered into an agreement with TE Connectivity under which Cerberus will acquire TE's Subsea…
ABB Acquires Logistics Tech Firm intrion
Swedish-Swiss multinational corporation ABB has completed its acquisition of intrion, with the aim of boosting its expertise in fast-growing logistics automation…
Bomin Exits Bunker Markets in Singapore, Antwerp
The Bomin Group, a supplier of marine fuels, has announced that it will exit the bunker markets in Singapore and Antwerp.Going forward Bomin will operate from only two offices: Houston and Hamburg.
Marlink Sings Pact with SES Networks
Satellite services and solutions provider Marlink has contracted SES Networks’ fibre-like connectivity to enable new low-latency services in its enterprise portfolio…
Koole Terminals Acquires Odfjell Terminals Rotterdam
Odfjell Terminals entered into an agreement with Koole Terminals B.V. of the Netherlands (Koole) to sell its 100% ownership of Odfjell Terminals Rotterdam (OTR).The…
Global Blockchain Technology Market in Logistics to Grow 82.86% by 2022
The global blockchain technology market in transportation and logistics industry to grow at a CAGR of 82.86% during the period 2018-2022.Blockchain technology is a cryptographically managed…
Nigerian Pirates Kidnap 12 Crew from Swiss Cargo Ship
A Swiss-operated ship has been attacked off the coast of Nigeria, Switzerland’s foreign ministry said, amid media reports that 12 crew members had been kidnapped by a gang of pirates.The MV Glarus…
