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Stonepeak and CMA CGM form joint port venture

Posted to Maritime Reporter on January 29, 2026

The French shipping company CMA CGM has partnered with U.S. investment group Stonepeak to form a joint-venture valued at almost $10 billion. This venture will 'operate and develop port terminals in the United States, among others,' the companies announced on Wednesday.

Owner of Russian cargo ship that sank near the coast of Spain says it was an 'act' of terrorism.

Posted to Maritime Reporter on December 25, 2024

The owner of the Russian cargo vessel Ursa Major, which sank into the Mediterranean Sea on Wednesday, said that the ship was a victim of an "act of terrorism". This statement came from the state news agency RIA. Two of the 16 crew members were reported missing after an explosion in the engine room.
Trite but true, the path to decarbonization has no ‘silver bullet’ solution.
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Ship Managers Step Up with Plans for Stability

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