Dive Brief: STG Logistics filed for Chapter 11 bankruptcy to restructure debt and reorganize operations via a “restructuring support agreement,” the company announced in a Jan. 12 press release. The company’s voluntary petition said it had over $1 billion in both assets and liabilities. The move eliminates roughly 91% of the company’s debt and provides $150 million in new… Read More
Abu Dhabi, UAE – 15 January 2026: Khalifa Economic Zones Abu Dhabi – KEZAD Group, one of the largest operators of integrated and purpose-built economic zones in the region, and Jotun Abu Dhabi have signed a 50-year land lease agreement for the establishment of a new manufacturing facility in ICAD – KEZAD Musaffah. Jotun Abu… Read More
Abu Dhabi, UAE – 16 January 2026: AD Ports Group (ADX: ADPORTS), a leading global enabler of integrated trade, industry and logistics solutions, has signed a land sale agreement with Danube Properties for the development of a major residential and mixed-use project within KEZAD Town Centre, a strategically located district forming part of KEZAD Abu… Read More
HOUSTON, Jan. 16, 2026 /PRNewswire/ — Fleetzero, a marine technology company building hybrid and electric propulsion systems for ships, today announced a $43 million Series A financing and the opening of a new manufacturing and R&D facility in Houston, Texas. The capital will be used to expand manufacturing of Fleetzero’s Leviathan™ hybrid and electric marine propulsion system, which… Read More
British Marine has confirmed that Lesley Robinson will step down from her role as chief executive this summer, following eight years in the position. An agreed transition plan is in place, with Earle Stanner, currently chief finance and operations officer, to be appointed as the organisation’s next CEO. Robinson will continue to lead British Marine… Read More