Abu Dhabi Ports Group, through SAFEEN Drydocks, has acquired Balenciaga Astilleros Shipyard in Spain for $13.1 million. This strategic move enhances its presence in the Mediterranean and strengthens capabilities in the offshore wind sector. The shipyard, now Balenciaga Shipyard, is renowned for constructing Service Operation Vessels for offshore projects.
V.Group has acquired Njord, a maritime fuel efficiency and decarbonization partner founded by Maersk Tankers. This strategic acquisition aims to enhance V.Group’s offerings in fuel efficiency and decarbonization, leveraging Njord’s expertise. CEO René Kofod-Olsen noted it will accelerate their ambition to lead in these critical sectors.
Mintra, a leader in digital learning for the maritime and energy sectors, has acquired SQLearn, a top Greek provider of online maritime training. This acquisition enhances Mintra’s commitment to digital transformation in Greece, combining its global reach with SQLearn’s local expertise to improve operational efficiency and compliance for shipping companies.
The Dredging Corporation of India (DCI) has announced a Rs 2,000 crore investment to acquire two Trailer Suction Hopper Dredgers from Cochin Shipyard Limited. This comes with the inauguration of the ‘DCI Dredge Godavari,’ India’s largest TSHD, enhancing capabilities in port deepening and land reclamation, aiming for over 100 million cubic meters in operations.
ABS has signed an agreement to acquire MetaSHIP intellectual property and vessel simulator software from Orka Informatics, pending Turkish regulatory approval. This move aims to enhance ABS’s maritime training solutions, offering accessible digital training on board, in ports, or from home, while improving fleet safety and compliance in a rapidly evolving industry.
Great Eastern Shipping Company Ltd. (GESCO) is set to enhance its fleet by acquiring a Kamsarmax dry bulk carrier of approximately 81,922 DWT, scheduled for Q3 FY 2026. This acquisition, fully funded through internal accruals, follows agreements for two secondhand vessels, expanding GESCO’s fleet to 41 vessels and 3.37 million DWT.
HD Hyundai is expanding its shipbuilding business to enhance competitiveness against Chinese firms by acquiring Doosan Vina for $207 million. This acquisition strengthens its capabilities in producing essential components for LNG plants and eco-friendly shipping. The company is also increasing its shipbuilding capacity in Vietnam, aiming for higher annual vessel production.
The Shipping Corporation of India (SCI) has bolstered its fleet with the addition of the LPG carrier, Sahyadri. This Very Large Gas Carrier (VLGC), measuring 225 meters long, enhances India’s energy transportation self-sufficiency. The acquisition increases SCI’s fleet to 57 vessels, supporting government initiatives for maritime self-reliance.
Safe Harbor Marinas has acquired Los Sueños Marina in Costa Rica, enhancing its global footprint. CEO Baxter Underwood emphasized its status as a premier sportfishing destination, attracting enthusiasts from California to the Carolinas. With 200 wet slips and luxury amenities, this acquisition reinforces Safe Harbor’s commitment to top-tier services in the marine industry.
The Shipping Corporation of India (SCI) is enhancing its fleet by acquiring two second-hand Very Large Gas Carriers (VLGCs) with a capacity of 82,000 cubic meters each. This strategic move, formalized on July 4, 2025, aims to strengthen SCI’s tonnage and operational capabilities in response to growing market demands.
Mazagon Dock Shipbuilders Limited (MDL) has made a significant move by acquiring a controlling stake in Colombo Dockyard PLC for up to $52.96 million. This landmark acquisition enhances MDL’s strategic position in the Indian Ocean, aligning with its ambition to become a regional maritime leader and reinforce India’s maritime presence.
Japanese shipping giant Nippon Yusen Kaisha (NYK) has acquired Kadmos, a maritime salary payments platform from Germany. This acquisition enhances NYK’s financial services, allowing it to support seafarers of various nationalities. The integration of Kadmos with NYK’s existing MarCoPay will broaden service offerings and improve financial support for seafarers worldwide.
LALIZAS is expanding in the Americas, having acquired Brazil’s leading lifejacket manufacturer, ATIVA NÁUTICA. Founded in 1998, ATIVA has grown significantly under Marta Lara and Roberto Sampaio. This acquisition reinforces LALIZAS’ commitment to nurturing small businesses while enhancing the nautical industry and setting new safety standards across continents.
Mazagon Dock Shipbuilders Ltd (MDL) is advancing towards acquiring a 51% stake in Colombo Dockyard PLC, which is currently facing financial difficulties. The deal, expected to formalize with a Memorandum of Understanding soon, aims to strengthen India’s maritime position while addressing job security concerns among trade unions amid potential management changes.
Noatum Maritime, a UAE-based maritime services provider, has acquired the region’s first all-electric hydrofoiling pilot boat and invested in two electric tug boats. These vessels aim to decarbonize operations and contribute to sustainability goals. The Artemis EF-12 pilot boat and Damen RSD-E tugs 2513 enhance energy efficiency and offer zero-emission solutions for port operations.
