Today, Ørsted’s Board of Directors approved the annual report for 2025. Ørsted has taken significant steps to deliver on its strategic priorities during the year. This includes a strengthened capital structure through the successful completion of the rights issue, and the finalisation of the divestment programme for 2025 and 2026 earlier than planned and with… Read More
Abu Dhabi, UAE; 05 February 2026 – NMDC Group (ADX: NMDC), a global leader in engineering, procurement, construction and marine dredging, today announced a strong set of financial results for 2025, reporting revenues of AED 28.8 billion, up 10% y-o-y, with the UAE representing 81% of total revenues and international markets representing the remaining 19%. Net… Read More
SINGAPORE, 6 February 2026 – PaxOcean, a homegrown premier shipyard group and part of Kuok Maritime Group (KMG), has today officially opened a new S$200 million shipyard at 5 Jalan Samulun (5JS) . The opening of 5JS marks a significant investment by the Group and a milestone that reinforces Singapore’s position as a leading global hub for maritime engineering,… Read More
Antin Infrastructure Partners, a leading private equity firm focused on long-term infrastructure investments, has reached an agreement with an affiliate of Lone Star Funds to acquire Vigor Marine Group, a provider of maintenance, repair and overhaul services, as well as marine fabrication and services to the naval, defense and commercial maritime sectors in the United… Read More
CHINOOK — It’s unglamorous, but dredging is a sorely necessary tool for the economic health of ports of any size and scope — including the Port of Chinook. After a prolonged period of setbacks, the port has secured a pair of funding victories at both the state and federal levels. It includes receiving $500,000 in… Read More