Latest news and insights from markets & deals.
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…
Greek shipping company Centrofin Management, led by Dimitris Procopiou, has acquired the 50,576-dwt MR tanker Psara, formerly named CC Tianjin, a 2026-built vessel originally ordered by Chinese owner Zhejiang Fuhua at Ji…
Carmet Tug Co has signed a contract with Damen Shipyards for a newbuild Multi Cat 2309 catamaran workboat at the Seawork exhibition in Southampton, with delivery expected in July 2026 within six weeks of signing, as Dame…
Global operational offshore wind capacity has grown from 85.4 GW twelve months ago to 91.9 GW today, a 7.6 percent increase that is sufficient to power the equivalent of more than 6.5 million UK homes annually, according…
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