MSC TO TAKE OVER WILSON SONS IN $768M DEAL Swiss-based liner giant Mediterranean Shipping Co (MSC) has struck a deal via its subsidiary Shipping Agencies Services (SAS) to acquire a majority stake in Brazilian port and maritime logistics operator Wilson Sons. London-listed Ocean Wilsons Holdings said in a filing Monday it is selling its 56.47% …
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FLORIDA PORT GETS $9.5M IN MILTON STORM FUNDING Florida’s SeaPort Manatee will receive $9.5 million in state emergency funding to aid recovery from Hurricane Milton. The funding comes as fuel, food and other goods begin to move through the maritime hub near Tampa Bay. The port serving southwest and central Florida suffered an estimated $200 …
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EAST COAST PORT OF SAVANNAH PIVOTS TO CONTAINERS ONLY The Port of Savannah is upgrading to become a container-only facility to meet booming demand after a year-long increase in cargo volumes. The port plans a $410m overhaul of one of its sprawling terminals to make room for loading and unloading larger ships while focusing its …
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