MILAN/OSLO, Feb 24 (Reuters) – Italy’s Saipem has agreed to merge with Norwegian rival Subsea 7 in an all-share deal to create a leading global player in offshore energy services. The combined group, to be renamed Saipem7, will have an order backlog of 43 billion euros ($45 billion), revenue of about 20 billion, and core earnings of more than 2 billion,… Read More
DP World reported a record 1.3 million vehicles handled across its terminals in Dubai in 2024, reflecting a 53.6% increase from the previous year, the highest in the company’s history. The majority of this volume, nearly 960,000 units, was processed at the flagship Jebel Ali Port, with the remainder handled at Mina Al Hamriya and… Read More
A solid performance supported by the Group’s shipping investment strategy. A milestone reached in logistics development in 2024, with the integration of Bolloré Logistics. An uncertain geopolitical environment in 2025. Commenting on the results for the year, Rodolphe Saadé, Chairman and Chief Executive Officer of the CMA CGM Group, said: “Our Group has delivered strong results this… Read More
Pascagoula, Miss., — Earlier this week, Bollinger Mississippi Shipbuilding hosted the Honorable Dr. Brett Seidle, acting Assistant Secretary of the Navy for Research Development and Acquisition (ASN RDA), and RADM Tom Anderson, Program Executive Officer Ships, at its facility in Pascagoula, Mississippi. The visit underscored the critical role of American shipbuilding in enhancing our nation’s… Read More
All Damen Maritime Solution vessels are constructed at a Damen Workboats yard. They are highly experienced in standardised vessel production and dedicated to implementing sustainability in all their operations. Each yard is on its own sustainability journey, given that each operates within its location’s regulatory landscape and geographical context. However, they are all motivated to… Read More
