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CMA CGM Takes Majority Stake in NOL

French container shipping company CMA CGM S.A. has taken the controlling stake of approximately 78.07 percent of all Neptune Orient Lines’ (NOL) shares from the company’s majority shareholders, led by...

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Ship repair deals heat up Posidonia floor

Business is good for regional ship repair operators participating in this year’s Posidonia Exhibition, the world’s most prestigious maritime event. Shipyards in Turkey and Portugal are amongst those who have...

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Petrobras LNG Terminals Up for Grabs

Brazilian oil company Petrobras has began a bidding process to sell its liquefied natural gas (LNG) terminals in Rio de Janeiro and Ceará, along with the thermoelectric power plants associated...

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