MSC, the world’s largest container shipping company, denied a report by Manager Magazin published on Wednesday that its founder and executive chairman Gianluigi Aponte, is looking to acquire a stake in...
Shipping
Adani Ports to acquire indirect control of Kanpur Fertilizers for Rs 1,500 crore under Jaiprakash Associat
India’s largest ports operator Adani Ports and Special Economic Zone (APSEZ) on Thursday said it will acquire 100% shareholding in Jaypee Fertilizers & Industries Ltd (JFIL) from Jaiprakash Associates Limited...
Mazagon Dock Shipbuilders acquires controlling stake in Colombo Dockyard PLC
Mazagon Dock Shipbuilders announced that as part of the Tripartite Agreement entered with Colombo Dockyard PLC (CDPLC) and Onomichi Dockyard Co., the Company has concluded the further acquisition of 3,66,49,271 fully...
MSC to buy 50% stake in tanker giant Sinokor, Cypriot filing shows
Container shipping giant Mediterranean Shipping Company is to buy 50% stake in South Korean shipping firm Sinokor, according to a public filing in Cyprus. After the acquisition, MSC will jointly control Sinokor with...
Elliott Management confirms stake in Japan shipper Mitsui OSK
Elliott Investment Management said on Wednesday that it has built a “significant” investment in Japanese shipping company Mitsui OSK Lines, confirming an earlier Reuters report.
GE Shipping rallies after inking deal to acquire Japanese-built dry bulk carrier
Great Eastern Shipping Company jumped 4.47% to Rs 1415.30 after the company contracted to buy a secondhand Kamsarmax dry bulk carrier of about 81,094 deadweight tonnage (dwt) to expand its fleet. The 2014 Japanese built...
Thoma Bravo nears deal for WWEX to create $12 billion shipping tech firm, Bloomberg News reports
U.S. private equity firm Thoma Bravo is in advanced talks to buy third-party logistics provider WWEX Group to create a shipping technology business worth as much as $12 billion, Bloomberg News reported on Monday...
Hapag-Lloyd buys Israel’s ZIM for $4.2 billion in global shipping tie-up
Germany’s Hapag-Lloyd said on Monday it would buy Israel’s ZIM Integrated Shipping Services for $4.2 billion in cash to secure its position as the world’s fifth-largest shipping group. However, the...
Transworld Shipping Lines completes acquisition of Transworld Integrated Logistek & Transworld Logistics
Transworld Shipping Lines (formerly known as Shreyas Shipping & Logistics) announced the successful acquisition of 100% equity stake in Transworld Integrated Logistek (TILPL) and Transworld Logistics (TLPL). With...
Board of Cochin Shipyard approves acquisition of 23% stake in Conoship, Netherlands
The board of Cochin Shipyard at its meeting held on 28 January 2026, has approved the proposal for the acquisition of 23% equity shares of Conoship International Holding B.V. (Conoship), Netherlands with the objective...
Shipping group CMA CGM to form port joint venture with Stonepeak
French shipping group CMA CGM and U.S. investment firm Stonepeak have agreed to create a joint venture valued at nearly $10 billion to operate and invest in port terminals, including in the United States, the...
ONGC enters JV with Japan’s Mitsui for ethane shipping; acquires 50% stake
State-owned ONGC on Monday said that it will take a 50 per cent stake each in two joint venture (JV) companies that will own and operate ethane carriers in partnership with Japanese shipping major Mitsui OSK Lines (MOL)...
