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TUI to tender Hapag-Lloyd shares to Ballin consortium

Not that long after a December 5 statement from Singapore’s NOL saying that it “currently, is not making another bid for a stake in Hapag-Lloyd,” Germany’s TUI Group today announced “another major

DOF inks deal with Optimarin for BWT systems

Ballast water technology systems provider Optimarin, Stavanger, Norway, recently signed a framework agreement with offshore vessel owner DOF for high-efficiency BWT systems to be retrofit in existing ships (with options for newbuilds)

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Otto Marine makes first foray into Indian market

Singapore-based Otto Marine Ltd. is making its first foray into the Indian market. Last month it set up a 50:50 joint venture partnership with strategic partner Limin Marine Private Limited. Today, Otto