Arrest warrants issued for Eletson legacy shareholders after judge holds them in civil contempt
But arrests unlikely to be served against them unless they are physically present in the US, legal observers say
March 2026
NYK takes full ownership of Norwegian bulker specialist Saga Welco
Japanese shipping giant to buy Westfal-Larsen’s 50% stake in open-hatch vessel company
NYK takes full ownership of Norwegian bulker specialist Saga Welco Read More »
Precious bulker received ‘no warning’ against Strait of Hormuz transit before attack
‘Comprehensive assessment’ was conducted before the vessel’s voyage, says Thai shipowner
Precious bulker received ‘no warning’ against Strait of Hormuz transit before attack Read More »
NYK Group Acquires Saga Welco
NYK Group has reached an agreement with the Norwegian shipping company Westfal- Larsen Group to fully acquire Saga Welco.Saga Welco, a Norwegian shipping operator specializing in transporting cargo via open-hatch vessels, is currently jointly owned by …
NYK Group Acquires Saga Welco Read More »
Samsung Heavy targets US shipbuilding ties with new San Diego research hub
Joint centre with university to advance AI shipbuilding and workforce cooperation
Samsung Heavy targets US shipbuilding ties with new San Diego research hub Read More »