Shipping & Ports

Lund – November 06, 2026 -- Alfa Laval has signed a definitive agreement to acquire Norway-based NAVTOR AS for $700 million (6.85 billion SEK) in an all-cash transaction, one of the largest deals in the Swedish group's history.

Alfa Laval expects closing in the first quarter of 2027

The deal is subject to customary regulatory approvals. Alfa Laval will fund it from its own cash and existing funding programs. The company expects the acquisition to be neutral to group margin in the short term.

Hellerup – September 18, 2026 -- TORM plc has launched a secondary public offering of 9,000,000 Class A common shares on behalf of OCM Njord Holdings S.à r.l., a vehicle indirectly owned by funds managed by Oaktree Capital Management, L.P.

Oaktree-linked seller holds roughly 20% of TORM's Class A shares before the sale

OCM Njord Holdings currently owns approximately 20% of TORM's Class A common shares. The selling shareholder is expected to grant the underwriter a 30-day option to purchase up to an additional 1,350,000 shares, which could lift the total offering size to 10,350,000 shares.

TORM will not receive proceeds as the sale is entirely secondary

The Nasdaq-listed product tanker operator (TRMD, TRMD A) is not selling any shares itself and will not collect proceeds from the transaction. J.P. Morgan Securities LLC is acting as sole underwriter, offering the shares to the public at a fixed price that may be adjusted without notice.

Beijing – September 17, 2026 -- China's Silk Road Maritime shipping network added 12 new routes at the 8th Silk Road Maritime International Cooperation Forum held in Xiamen from September 8-9, bringing the total to 160 named routes spanning 50 countries and 153 ports worldwide.

Gdansk becomes first European port with an officially named route

Poland's Gdansk Port, Europe's largest deep-water container terminal on the Baltic Sea, received its first officially designated Silk Road Maritime route at the forum. Zhang Bijun, chief representative of the Port of Gdansk Authority's Shanghai office, said Poland already handles roughly 80 percent of cargo entering the EU via the China-Europe Railway Express, and the new maritime route creates a two-way logistics channel that could speed Polish agricultural products and cosmetics into the Chinese market.

Boisbriand, QC – September 17, 2026 -- Vision Marine Technologies Inc. (NASDAQ: VMAR) has been invited to the Suntex Marinas National Conference in Texas, running September 22-25, 2026, following its role as Title Sponsor of the Lake Berryessa Electric Boat Festival in June 2026 at Suntex-owned Pleasure Cove Marina in Napa, California.

Vision Marine completed roughly 60 on-water demonstration rides across three electric vessels at Lake Berryessa

The two-day festival featured the STERK 31E, powered by dual E-Motion 180E propulsion systems, alongside the SPECTR 26 and the Fantail 217. The event drew consumers, marina operators, utilities, policymakers, charging infrastructure providers, vessel manufacturers and investors into a single marina setting for hands-on demonstrations.

Hellerup, Denmark – September 17, 2026 -- TORM plc has increased its share capital by 31,483 Class A shares following the exercise of a matching number of Restricted Share Units under its incentive program, lifting total share capital to USD 1,024,212.67.

New shares priced at DKK 179.80 each, subscribed entirely in cash

The nominal capital increase totals USD 314.83, with no pre-emption rights granted to existing shareholders or third parties. Transfer restrictions apply in certain jurisdictions outside Denmark, including under applicable US securities laws.

Share count now stands at 102,421,267 A-shares carrying equal voting rights

Each share has a nominal value of USD 0.01 and carries one vote. The newly issued shares rank pari passu with existing stock, granting immediate dividend rights and other shareholder entitlements from the date of issuance.

Abu Dhabi – September 13, 2026 -- Robo.ai Inc. (Nasdaq: AIIO) said its industrial group Alif Holding plans to establish Alif Maritec, a wholly owned subsidiary dedicated to marine security and intelligent maritime infrastructure in the United Arab Emirates.

Alif Holding designates Dr. Jasem Al-Mansory as chairman of new maritime unit

Dr. Jasem Al-Mansory, Chief Executive Officer of Alif Holding, is expected to serve as Chairman of Alif Maritec once it is formally established. The subsidiary will target four business areas: maritime protection, smart ports, underwater intelligence and critical infrastructure protection, serving governments and infrastructure operators managing ports, coastlines and offshore energy assets.

Xiamen – September 13, 2026 -- The 8th Silk Road Maritime International Cooperation Forum opened in Xiamen, East China's Fujian Province, drawing more than 1,800 representatives from 19 countries and regions to address geopolitical risk and supply chain fragmentation in global shipping.

Forum unveils 12 new shipping routes and 11 signed cooperation projects

Organizers announced 12 new Silk Road Maritime routes, welcomed 15 new association members, and finalized 11 cooperation projects on-site. The Silk Road Maritime network, launched in Fujian in 2018 as the Belt and Road Initiative's first comprehensive maritime logistics platform, now spans 160 shipping routes connecting 153 ports across 50 countries and regions, with 393 members spanning shipping, energy, manufacturing and internet sectors.

Hyderabad – September 10, 2026 -- Jassper Shipping has announced a growth capital programme of up to US$50 million to be deployed over the next three years, subject to market conditions and regulatory approvals, positioning India as the hub for its expansion into the Gulf, Southeast Asia, Africa, the Red Sea and the Far East.

Phase 1 commits $10 million to project logistics serving power and steel sectors

Under the first phase, Jassper Shipping intends to deploy US$10 million to its B2B project logistics business, targeting sectors it already serves: power, steel, petrochemicals, heavy engineering, manufacturing and large infrastructure.

Kansas City, Mo. – September 09, 2026 -- Jody Peacock, CEO of Ports of Indiana, has become one of the first recipients of the CARGO Award, presented by Inland Rivers, Ports, and Terminals (IRPT) at its annual conference on Sept. 3.

IRPT creates new honor for career-long contributions to inland waterways

The CARGO Award -- Commitment to Advancing River Growth and Operations -- was established by IRPT, a nationwide nonprofit trade association founded in 1974 under Missouri law, to recognize individuals whose careers have advanced the U.S. inland waterway transportation system.

Shanghai – September 08, 2026 -- Shanghai Zhenhua Heavy Industries Co., Ltd. (ZPMC) named the first two vessels in a four-ship series of 38,000 DWT multipurpose heavy-lift carriers built for Chipolbrok, marking the shipbuilder's entry into the multipurpose heavy-lift vessel segment.

Each vessel carries three 350-ton cranes for combined 700-ton lifts

The naming ceremony took place on Aug. 28. Each vessel measures 182 meters in length, 30 meters in beam and 17 meters in depth, with a design draft of 9.8 meters and a service speed of 14.5 knots. Classed by DNV, the ships feature a full-length open deck, two extra-long cargo holds with a maximum length of 76.8 meters, and adjustable tweendecks for cargo flexibility. Three in-house-developed 350-ton cranes are fitted on each vessel, with two capable of tandem lifts totaling up to 700 tons.