Navios Partners Buys Panamax Duo for USD 27 Mn

Greek owner and operator of container and dry bulk vessels Navios Maritime Partners has reached an agreement to purchase two Panamax vessels for a total of USD 27 million.

Japan Buys Its First Shipment Of Natural Gas From US Fracking

The first shipment of liquefied natural gas (LNG) from U.S. fracking arrived in Japan Friday.

Atlantic Navigation buys seven new offshore vessels against long term charters

Atlantic Navigation Holdings (Singapore) Limited has approached a Chinese shipyard to buy seven new vessels to...

Maersk Drilling buys distressed new rig from Hercules Offshore

Maersk Drilling has entered into an agreement to purchase a newbuild jack-up rig from Hercules Offshore, and the...

Bureau Veritas buys UK consultant TMC Marine

Classification society Bureau Veritas is buying UK-headquartered international consultancy TMC Marine.TMC has been...

AET buys out Restis’ stake in Paramount Tankers

Malaysian shipowner AET has signed an agreement to acquire the remaining 50% stake in Paramount Tankers that it ...

China Shipping Terminal Development buys 20% stake in Busan container terminal

China Shipping Terminal Development Co (CSTD) has penned an agreement in Shanghai with CJKEC to purchase a 20%...