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Latest business news

COSCO Shipping Specialized Carriers boosts Middle East presence
2025-12-18T08:00:00+00:00By Sophie Barnes
COSCO Shipping Specialized Carriers, together with COSCO Shipping (West Asia), has signed a joint venture agreement with Saudi Ports Services & Storage (PSS) to strengthen its presence in the Middle East.
Hareket adds marine services with 330-class barges
2025-12-17T09:01:00+00:00By Sophie Barnes
Turkish heavy lift and transport engineering company Hareket will begin offering marine services with two of its own 330-class barges from February 2026.
Ceva moves to acquire Fagioli
2025-12-15T13:45:00+00:00By Sophie Barnes
Ceva Logistics is set to acquire Italian project logistics specialist Fagioli.
Judge strikes down US executive order halting offshore wind permits
2025-12-12T08:00:00+00:00By Gregory DL Morris
President Donald Trump’s January 20 executive order that effectively blocked offshore wind development in the USA beyond those five projects already under way has been declared unlawful by a US federal judge.
LES-EXPO 2026 to debut in Istanbul
2025-12-09T08:14:00+00:00By David Kershaw
Türkiye will host a trade event dedicated to load engineering services when LES-EXPO 2026 takes place in Istanbul from April 7–9, 2026.
Arbitration filings mount after cancellation of WTIV contract
2025-12-08T09:49:00+00:00By Gregory DL Morris
At the end of November, Seatrium of Singapore filed for arbitration against Maersk Offshore Wind as their dispute over the delivery of a USD475 million wind turbine installation vessel (WTIV) escalates.

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