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France’s CMA CGM shipping and logistics group has announced a significant expansion of its operations in South America with the signing a definitive agreement to acquire a 48% stake in Brazil’s leading terminal operator, Santos Brasil Participações S/A. “I am pleased that the CMA CGM Group has concluded this strategic agreement for the acquisition of […]

The Amsterdam-based Spliethoff Group announced today it has acquired a majority interest in ForestWave, adding a seventh business unit to its large portfolio and expanding its fleet of commercially-operated vessels to 147. Effective September 30, the transaction at an undisclosed price creates a multi-purpose shipping giant. On behalf of the Executive Board of Spliethoff Group,

Cuxhaven – MV BBC LEER, the first newbuilding of the “LakerMax”-series of fifteen DWT 13,000 multipurpose triple deckers, has made its first call at a German port, discharging a full load of windmill blades from Mexico. After its delivery from Taizhou Sanfu Heavy Industry, China the vessel had sailed on its maiden voyage from Nantong