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BW Group, ONE and Sembcorp invest in new decarbonization center in Singapore

Container carrier ONE, shipyard Sembcorp and the BW group are among the names that have now teamed up to raise money for a new maritime decarbonization center in Singapore in collaboration with the city-state's port authority. The parties will add USD 90 million to realize the plans.

Photo: Edgar Su/Reuters/Ritzau Scanpix

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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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