ShippingWatch

MSC invests in major Lithuanian port

A subsidiary company to Mediterranean Shipping Company has successfully convinced the European Bank for Reconstruction and Development to provide half of the money needed to expand the company’s port activities in the Lithuanian port Klaipeda, Bloomberg reports.

Photo: APM Terminals

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Alfa Laval buys StormGeo following bidding war

There were plenty of interested buyers for tech company StormGeo, but the company ultimately decided to enter a deal with Sweden's Alfa Lava, which placed the best offer, says partner in StormGeo's majority owner EQT to ShippingWatch. Updated.

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