René Kofod-Olsen is V.Group's fourth CEO in just three years. The many changes have been a distraction and have led to several wrong decisions, he tells ShippingWatch. The mandate from the owner is to future-proof the company, and for this he is willing to make both selections and rejections.

French shipping group CMA CGM buys 50 percent minus one share of Spain’s Total Terminal International Algeciras (TTIA) port terminal.

A milder variant of the African swine fever, which is both more difficult to discover and control, has been found in China, reports Reuters. The outbreak could impact dry bulk and reefer carriers if the mutations spiral out of control.

Akastor, part of Kjell Inge Røkke's Aker group, joins US-based Baker Hughes in establishing a joint venture to deliver global drilling solutions. Activities will be managed from both Norway and the US.

The sale of Danish ferry company Molslinjen to equity fund EQT Infrastructure closed today, Tuesday, March 2. As part of the transition of ownership, the company elects a new board of directors, chaired by Niels Smedegaard.