VIENNA, Va.– Spire Global, Inc. (NYSE: SPIR), a global provider of space-based data, analytics and space services, completed the previously announced sale of its maritime business to Kpler for approximately $233.5 million, before adjustments, plus a $7.5 million agreement for services over a twelve-month period, post close. Spire used the proceeds of the sale to retire all outstanding debt…. Read More
French shipping giant CMA CGM’s subsidiary CEVA Corporate Services has signed a deal to acquire Turkish conglomerate Borusan’s (BRYAT.IS), opens new tab logistics arm, Borusan Tedarik Zinciri Cozumleri ve Teknoloji, for $440 million, according to a filing by the Turkish company. Borusan Yatirim said in the exchange filing that the price was subject to ordinary net cash… Read More
Christopher J Wiernicki has announced he will step down as chairman and chief executive and retire at the end of this year, after 14 years at the helm of ABS. Mr Wiernicki made the announcement at the ABS Annual Members Meeting. After thanking the ABS board of directors, the employees and his family for their… Read More
The American Waterways Operators (AWO) has awarded Crowley mariners serving on the Crowley-managed containership Potomac Express and the company’s LNG-powered container/roll on-roll off vessel El Coqui with the Honor & Excellence in Rescue Operations (HERO) Awards. The U.S. domestic industry mariners were recognized for their heroic efforts in ensuring the safety and security of others… Read More
SINGAPORE, April 25, 2025 /PRNewswire/ — World-leading engine manufacturer Weichai has received the 2025 Manufacturing Award at the Singapore Business Review (SBR) International Business Awards. The accolade recognizes the company’s breakthroughs in thermal efficiency and cross-border collaboration in green manufacturing transformation. Weichai has long focused on enhancing the efficiency of internal combustion engines. In April 2024, it set… Read More
