SupplyOne expands Midwest footprint with acquisition of Wertheimer Box
SupplyOne’s acquisition of Wertheimer Box underscores ongoing consolidation and realignment in the packaging sector.The post SupplyOne expands Midwest footprint with...
Eastern Pacific back for more ammonia carriers at Jiangnan
Idan Ofer’s Eastern Pacific Shipping (EPS) has returned to China to add more ammonia carrier capacity, placing an order for...
Union Bulk CEO Bonderup steps down
Danish dry bulk operator Union Bulk has confirmed that chief executive Michael Bonderup is stepping down, marking another leadership change...
V.Group buys fuel efficiency platform created by Maersk Tankers
V.Group has bought Njord, the maritime fuel efficiency and decarbonisation platform founded by Maersk Tankers, for an undisclosed sum. Njord...
South Korea puts Arctic shipping on policy map with first boxship trial
South Korea has formally elevated Arctic shipping into national policy, with Seoul planning its first-ever container ship trial voyage via...
BP taps TechnipFMC for engineering work on Gulf of Mexico project
Offshore contracting giant TechnipFMC has been awarded an integrated engineering, procurement, construction, and installation (iEPCI) contract by BP for its...
Jacobs’ QXO gets big investment from group led by Apollo
Brad Jacobs’ latest venture, QXO with it plans to roll up a diffuse network of building product suppliers through acquisitions,...
Early Lunar New Year boosting trans-Pacific ocean rates
Rising trans-Pacific ocean freight rates are expected to climb further as demand picks up in anticipation of the Lunar New...
Trump delays furniture, cabinet tariffs; scales back duties on pasta
The Trump administration delayed planned tariff hikes on furniture, while sharply reducing proposed 90% duties on Italian pasta.The post Trump...
Castor Maritime enters sale and leaseback deal for kamsarmax
Cyprus-based owner Castor Maritime has signed a sale and leaseback agreement for a bulk carrier vessel. The company signed the...
