1. Louis Dreyfus Armateurs to be taken over by fellow private equity firm. French family-owned shipowner Louis Dreyfus Armateurs (LDA) has revealed takeover talks with compatriot private equity firm InfraVia.
The two companies have entered exclusive negotiations for Paris-based InfraVia to acquire an 80% stake in LDA which currently manages 23 ships in roro, offshore wind support and cable laying segments.
https://splash247.com/louis-dreyfus-armateurs-to-be-taken-over-by-fellow-private-equity-firm/
2. Marcura expands with HubSE acquisition. Maritime tech firm Marcura has acquired UK-based tanker demurrage claims automation provider HubSE.HubSE’s specialised oil and chemical tanker expertise will be integrated into Marcura Claims, formerly ClaimsHub. Their combined capabilities will deliver a comprehensive claims management experience with both fully managed and self-service solutions.
https://splash247.com/marcura-expands-with-hubse-acquisition/
3. Sapura Energy lands $723m in new contracts. Malaysian offshore services player Sapura Energy has won multiple contracts worth RM3.2bn ($723m) for its drilling business.The company said in a filing with Bursa Malaysia that Sapura Drilling had won two contracts from PTTEP for the barge-type tender assist drilling rigs, Sapura T-17 and Sapura T-18. The contracts are for five years and an optional extension of three years.
https://splash247.com/sapura-energy-lands-723m-in-new-contracts/
4. East and Gulf Coast Ports Avoid Chaos as Dockworkers Seal Landmark Labor Deal. The International Longshoremen’s Association (ILA) members have overwhelmingly ratified a new six-year master contract with United States Maritime Alliance (USMX), securing unprecedented wage increases and automation protections for workers across Atlantic and Gulf Coast ports.
https://gcaptain.com/east-and-gulf-coast-ports-avoid-chaos-as-dockworkers-seal-landmark-labor-deal/
5. Search Resumes for Missing Flight MH370 But Contract Still in Limbo. A ship that will hunt for missing Malaysia Airlines Flight MH370 has deployed to its Indian Ocean search zone, according to Malaysia’s transport minister and ship tracking data, raising hopes of solving one of aviation’s greatest mysteries.In December, Malaysia agreed to resume the search for the Boeing 777 that was carrying 227 passengers and 12 crew when it vanished en route from Kuala Lumpur to Beijing on March 8, 2014.
https://gcaptain.com/search-resumes-for-missing-flight-mh370-but-contract-still-in-limbo/
6. US East and Gulf Coast Dockworkers Ratify New Six-Year Contract. More than 45,000 U.S. dockworkers represented by the International Longshoremen’s Association ratified a new six-year contract on Tuesday, formalizing a deal that offers bumper pay hikes and averts any potential disruption until 2030.
https://gcaptain.com/us-east-and-gulf-coast-dockworkers-ratify-new-six-year-contract/
7. Danish Shipping full support for strong measures against Russia and shadow fleet in the EU’s 16th sanctions package. The EU has just adopted its 16th sanctions package against Russia. Danish Shipping fully supports the strongest possible sanctions and is particularly pleased that the list of sanctioned vessels has almost doubled with the latest measures.
Since Russia’s invasion of Ukraine three years ago, Danish Shipping has supported the toughest possible sanctions against Russia. Therefore, we welcome the news of the EU’s 16th sanctions package with great satisfaction.
https://cyprusshippingnews.com/2025/02/27/danish-shipping-full-support-for-strong-measures-against-russia-and-shadow-fleet-in-the-eus-16th-sanctions-package/
8. Spring Valley establish Agro Commodity Hub at Jafza driving regional food security. Spring Valley, a home-grown agro-commodity supplier, is investing AED 184 million to develop a new distribution hub at Jebel Ali Free Zone, supporting regional food security.
Spanning more than 106,000 sq. ft, the facility will feature advanced processing and storage capabilities, including consumer packaging, roasting and grinding operations.
https://cyprusshippingnews.com/2025/02/27/spring-valley-establish-agro-commodity-hub-at-jafza-driving-regional-food-security/
9. Strong Member backing secures another positive renewal for West. West is pleased to announce a successful 2025 renewal across all business lines, with premium increases exceeding the objectives set by the Board. For the third consecutive year, Member retention was over 99.5% and the Club is encouraged to report continued support from existing Members, with strong organic growth at renewal, and throughout the 2024/25 Policy Year.
https://cyprusshippingnews.com/2025/02/27/strong-member-backing-secures-another-positive-renewal-for-west/
10. The future of maritime training building a digital bridge to excellence. When we first envisioned the ICS Academy, we saw an opportunity to transform maritime education by creating something truly different: a platform that would harness the collective experience of more than 80% of the world’s shipping fleet and deliver it directly into the hands of seafarers. Developed by seafarers for seafarers, our Academy provides on-the-go access to practical e-learning that helps shipping companies ensure best practices and regulatory compliance on board.
https://cyprusshippingnews.com/2025/02/26/the-future-of-maritime-training-building-a-digital-bridge-to-excellence/