Sweden-based Alfa Laval has acquired a minority stake in the Netherlands-based technology company Marine Performance Systems, a developer of air lubrication technology for ships. The air lubrication technology generates microbubbles under the ship’s hull, reducing...

Read More

Though no formal announcement has been made leading Greek shipowner, George Procopiou has emerged as the top bidder in the sale of Hellenic Shipyards, Greece’s biggest shipyard. When the tender process ended 7 July Procopiou’s EUR62.5m ($70m) bid was the highest...

Read More