The Maersk billionaire family offered to buy Svitzer Group A/S in a deal valuing the tug operator at about 9 billion kroner ($1.3 billion), just one year after it had listed on the stock market.
Kreilkamp Trucking Inc. ha adquirido los activos de Gray Transportation, con sede en Waterloo, Iowa, que deja de operar después de más de 40 años en los negocios. El acuerdo permite que Kreilkamp Trucking asuma el control de un número no revelado de remolques y contratos de carga de Transporte de...
Kreilkamp Trucking Inc. has acquired the assets of Waterloo, Iowa-based Gray Transportation, which is ceasing operations after over 40 years in business.
The deal allows Kreilkamp Trucking to assume control of an undisclosed number of Gray Transportation’s trailers and freight contracts, and some drivers will join Kreilkamp from Gray, said CEO Tim Kreilkamp.
“I don’t want to go into too much detail, but there were certain assets that were advantageous to our fleet moving forward,” Kreilkamp told...
March 12, 2025 – Shoreline and HudsonAnalytix proudly announce the launch of ShorelineHudson, a strategic partnership uniting their expertise to provide the maritime industry with best-in-class, integrated, insurance and risk management solutions. With a combined history spanning 70 years, ShorelineHudson is committed to delivering comprehensive, industry-leading products & services tailored to the evolving needs of global maritime clients.
ShorelineHudson’s mission is to predict, innovate, and...
Dr Harry Banga, Chairman of The Caravel Group, and Mr Angad Banga JP, Chief Operating Officer of The Caravel Group, acquire the International Maritime Institute (IMI) in Noida, India.
Dr. Harry S. Banga and Mr. Angad Banga of The Caravel Group acquire India’s premier maritime academy to develop the next generation of global maritime talent, strengthen training and innovation
Noida, India – March 12, 2025 – Dr. Harry S. Banga and Mr. Angad Banga of The Caravel Group proudly announce their...
Triton International Limited, the world’s largest lessor of intermodal freight containers, announced yesterday an agreement to acquire Global Container International LLC (GCI), marking a significant consolidation in the maritime container…
A BlackRock-led consortium has reached “in principle” agreements to acquire port assets owned by CK Hutchison Holdings Limited at the Panama Canal. The deal, valued at $22.8 billion, includes port…
[24 February 2025] – Mintra, a leading provider of digital learning and workforce management solutions for the maritime and energy industries, has announced the acquisition of Moxie Media, a U.S.-based specialist in training content and media production for safety-critical sectors. This strategic move significantly enhances Mintra’s presence in the North American market while expanding Moxie Media’s access to Mintra’s cutting-edge learning technologies and global reach.
Cargill’s Ocean Transportation business and tanker leader Hafnia announced today the formation of Seascale Energy—a joint venture combining their bunker operations to transform marine fuel procurement. The new entity, which…