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CMA CGM To Acquire Turkish Borusan’s Logistics Subsidiary In $440 Mln Deal
2025-04-30
April 27 (Reuters) – French shipping giant CMA CGM’s subsidiary CEVA Corporate Services has signed a deal to acquire Turkish conglomerate Borusan’s BRYAT.IS logistics arm, Borusan Tedarik Zinciri Cozumleri ve Teknoloji, for $440 million, according to a filing by the Turkish company.
Höegh Autoliners Reports Strong Q1 Despite Global Challenges
2025-04-30
“Höegh Autoliners continued to deliver solid financial results amid ongoing global uncertainties and heightened geopolitical tensions,” commented Andreas Enger, CEO of Höegh Autoliners. emphasized the company’s resilience in the face of current market conditions. He highlighted that the company’s total contract share now exceeds 80%, reflecting their commitment to strengthening relationships with key customers.
Maersk Says It Has Maintained All Trans-Pacific Sailings Despite Tariff, Trade Uncertainty
2025-04-30
COPENHAGEN, April 29 (Reuters) – Maersk MAERSKb.CO said on Tuesday it had maintained all its scheduled trans-Pacific sailings to date, albeit downsizing some vessels, despite the uncertainty caused by U.S. import tariffs and the trade war between the United States and China.
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