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Triton Partners is in exclusive negotiations to acquire Bureau Veritas' global fuel testing and inspection business, in a deal built on an enterprise value of 536 million dollars. The proposed sale of the Oil and Petroch…
South Korean shipping group Pan Ocean has ordered two additional very large crude carriers built to ammonia-ready specifications, pushing its tanker investment this year beyond 1.5 billion dollars. Disclosed in a stock e…
Mediterranean Shipping Company has been linked to an agreement with China's Hengli Heavy Industries for the construction of up to 20 LNG dual-fuel container ships of 20,000 TEU each, including optional units, with delive…
Volkswagen Group has agreed to sell a 51 percent stake in Everllence, the rebranded MAN Energy Solutions, to private equity firm Bain Capital in a leveraged buyout expected to generate proceeds of approximately US$8.4 bi…
Around 250 to 280 new LNG carriers will need to be ordered by 2028 to accommodate upcoming supply growth, as the global LNG trade undergoes a structural recalibration toward long-haul voyages that is boosting tonnage dem…
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