HOUSTON & SEATTLE – Great Lakes Dredge & Dock Corporation (“Great Lakes” or the “Company”) (NASDAQ: GLDD), the largest provider of dredging services in the United States, and Saltchuk Resources, Inc. (“Saltchuk”), a privately owned family of diversified freight transportation, marine service, and energy distribution companies, today announced a definitive agreement for Saltchuk to acquire… Read More
Abu Dhabi, UAE – 9 February 2026: AD Ports Group (ADX: ADPORTS), a leading global enabler of integrated trade, industry and logistics solutions, has been recognised at the 11th International Best Practice Competition (IBPC), organised by the Centre for Organisational Excellence Research, securing eight awards across four categories, and earning recognition for 18 best practices,… Read More
Technology group Wärtsilä and Abu Dhabi Maritime Academy (ADMA) have signed a Memorandum of Understanding (MoU) to address the challenges and provide solutions for the marine industries transition to sustainable operations. The partnership is designed to foster innovation and sustainability within the maritime industry. The MoU is effective for an initial five-year term, with options… Read More
On the basis of preliminary figures, Hapag-Lloyd achieved Group revenues of USD 21.1 billion (EUR 18.6 billion) in the 2025 financial year. The Group EBITDA stood at USD 3.6 billion (EUR 3.2 billion) and the Group EBIT at USD 1.1 billion (EUR 1.0 billion). Thus, the result was at the upper end of the earnings forecast and, as expected, below the prior-year level. Robust growth in global… Read More
By Jens Karsten Stena Line has completed the acquisition of Finnish vessel operator NLC Ferry, which trades under the name Wasaline. It was on November 4, 2025, that Stena Line announced the purchase of Wasaline, which involved taking over the operation of the ferry service between Umeå and Vaasa. Since then, the transaction has been reviewed… Read More
