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GulfNav to buy stake in offshore service provider Atlantic

United Arab Emirates (UAE) based shipping company Gulf Navigation (GulfNav) is planning to buy a majority stake in integrated offshore supply service provider Atlantic Navigation Holdings (Singapore) for an undisclosed sum. The proposed acquisition is expected to help GulfNav to provide key project solutions and offshore services to major oil ...

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shipping company CMA CGM

France-based container shipping company CMA CGM has acquired the controlling stake of around 78.07% of all Neptune Orient Lines’ (NOL) shares from its majority shareholders, led by Singapore Government investment arm Temasek Holdings for around $2.5bn. Singapore’s container shipping company NOL has presence across over 80 countries. The company’s liner ...

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