The Annual General Meeting of Hamburger Hafen und Logistik AG (HHLA) approved every item up for vote on today’s agenda. A dividend distribution of € 0.10 per class A share was also approved. In her speech, HHLA’s Chief Executive Officer Angela Titzrath looked back at the 2024 financial year, during which HHLA strengthened its position as a European… Read More
Tsuneishi Shipbuilding has fully acquired domestic rival Mitsui E&S Shipbuilding Deal comes as Tokyo aims to revive domestic yards and boost scale to regain ground lost to foreign competitors TSUNEISHI Shipbuilding announced it has completed the 100% acquisition of domestic rival Mitsui E&S Shipbuilding, after renaming the latter to Tsuneishi Solutions Tokyobay. The two companies entered… Read More
Circle SpA ( CIRC -0.90% ▼ ) has provided an update. Circle S.p.A. has secured a €180,000 contract for a digitalization project with a Mediterranean Port Authority, aiming to innovate logistics-port processes through advanced technologies. This initiative aligns with European transport and sustainability regulations, enhancing Circle’s position as a key technology partner in the digitalization of Mediterranean ports…. Read More
The Shanghai Stock Exchange has reportedly approved the merger of China State Shipbuilding Corporation (CSSC) and China Shipbuilding Industry Corporation (CSIC), setting the stage for the creation of the world’s largest shipbuilding conglomerate. Under the terms of the agreement announced in 2024, CSSC will issue new A-shares to CSIC shareholders. The transaction, valued at 115.2 billion yuan… Read More
Saildrone, a leading maritime autonomy company, has demonstrated its advanced surveillance capabilities by successfully identifying Russian “shadow fleet” vessels during recent NATO operations in the Baltic Sea. From June 16 to 27, 2025, four Saildrone Voyager uncrewed surface vehicles (USVs) operated in the Gulf of Finland and western Baltic Sea as part of NATO’s Task… Read More