
Chinese state-owned transportation service conglomerate COSCO SHIPPING Group and terminal operator Shanghai International Port Group (SIPG) have invested in SAIC Anji Logistics, a logistics unit owned by Shanghai-based SAIC Motor Corp, each obtaining 10% of the company’s shares.

Norwegian ocean services provider DeepOcean is taking 100% ownership of the pipeline repair and subsea intervention (PRSI) Pool Services contract with Equinor, formerly operated in a joint venture (JV) with TechnipFMC. To remind, Equinor has operational responsibility for what is said to be the worl