1. Home
  2. News
  3. News

News

Schottel becomes complete system supplier for electrical, green propulsion with new acquisition

glory 06-04-2022 18:05 Area News
German propulsion expert Schottel has decided to acquire a majority stake in elkon, a Turkish specialist for marine electrical system integration. The contract has been signed in Istanbul, Turkey, and announced at the...
Read more

Algoma-Nova Marine JV buys 5 ships

glory 14-03-2022 15:57 Area News
Shipping companies Algoma Central Corporation and Nova Marine have increased investment in their short sea shipping joint ventures, NovaAlgoma, by acquiring five vessels. As informed, Nova Algoma is acquiring three...
Read more

Hapag-Lloyd buys container liner business of Africa specialist DAL

glory 10-03-2022 15:52 Area News
German container shipping company Hapag-Lloyd has decided to acquire the container liner business of compatriot carrier Deutsche Afrika-Linien (DAL). The duo signed a framework agreement on 10 March 2022. With a...
Read more

GES closes its 1st investment in Port of Rotterdam

glory 23-02-2022 15:28 Area News
Following the signing of a binding agreement in November 2021, Singapore-based storage terminals operator Global Energy Storage (GES) has closed the transaction to acquire part of the Stargate Terminal from Gunvor Group in...
Read more

EU fund buys majority stake in Jifmar Offshore Services

glory 21-02-2022 20:50 Area News
European infrastructure fund Marguerite II is set to acquire a 65% stake in France’s Jifmar Offshore Services from RAISE Investissement. Marguerite said it aims to support Jifmar in its transition to next-generation...
Read more

Maersk posts record earnings, further expands logistics portfolio

glory 09-02-2022 17:59 Area News
Danish container shipping and logistics giant A.P. Moller – Maersk has delivered record earnings for 2021 despite persistent supply chain disruptions. In 2021, revenue was up 55 percent to $61.8 billion, EBITDA tripled...
Read more

MOL closes acquisition of Waterfront stake

glory 03-02-2022 15:14 Area News
Japanese shipping major Mitsui O.S.K. Lines (MOL) has concluded the acquisition of a 40 percent stake in Waterfront Shipping (WFS), a subsidiary of Canadian methanol producer and supplier Methanex Corporation. As...
Read more

CMA CGM takes majority stake in Colis Privé

glory 31-01-2022 20:27 Area News
French shipping and logistics major CMA CGM Group has entered into a preliminary agreement to acquire a 51% stake in the Colis Privé Group, a compatriot specialist in home and relay parcel delivery. The deal, signed...
Read more

Hafnia buys 12 Scorpio tankers, closes CTI takeover

glory 28-01-2022 20:27 Area News
Singapore-based tanker owner and operator Hafnia has entered into a framework agreement for the purchase of 12 vessels from Monaco-based counterpart Scorpio Tankers. The LR1 vessels in question are STI Excel, STI...
Read more

NYK takes stake in tanker firm Uyeno Transtech

glory 28-01-2022 15:04 Area News
Japanese shipping firm Nippon Yusen Kabushiki Kaisha (NYK) has agreed to acquire a 10% stake in Uyeno Transtech, a domestic tanker operating company that is part of the Uyeno Group. As informed, the partners want to...
Read more

Our Services

Latest News

27 05, 2022

ION solution helps monitor GHG emissions in UK port

Read more
27 05, 2022

Port of Amsterdam to witness fivefold increase in biofuel production

Read more
27 05, 2022

DFDS: full steam ahead towards green transition

Read more
All news

Currency Rates

Currency Buy Transfer Sell
AUD
AUSTRALIAN DOLLAR 		16,060.13 16,222.35 16,745.28
EUR
EURO 		24,263.11 24,508.19 25,622.23
GBP
POUND STERLING 		28,523.96 28,812.08 29,740.84
HKD
HONGKONG DOLLAR 		2,880.36 2,909.45 3,003.24
JPY
YEN 		177.60 179.40 188.03
RUB
RUSSIAN RUBLE 		- 324.19 439.37
SGD
SINGAPORE DOLLAR 		16,477.71 16,644.15 17,180.67
USD
US DOLLAR 		23,030.00 23,060.00 23,340.00
Rates updated at 29/05/2022 12:45 for reference only