Singapore-based shipbuilder Seatrium announced on December 22 that it has reached a settlement with Maersk Offshore Wind regarding the delivery of a specialised wind turbine installation vessel. The US$475 million contract was the subject of a legal conflict that began in October 2025. This high-stakes standoff was resolved by the agreement, which followed Maersk's attempt to cancel the contract due to construction delays.

#seatrium #maersk #offshorewindvessel #ship #oilvessel #singapore #shipping

Seatrium, Maersk reach $360 mn settlement over offshore wind vessel dispute
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Seatrium, Maersk reach $360 mn settlement over offshore wind vessel dispute

The US$475 million contract was the subject of a legal conflict that began in October 2025.

Maersk has inaugurated its flagship logistics centre in Shanghai’s Lin-gang area, marking one of its largest global warehousing investments and reinforcing China’s growing influence on international trade. Built with an investment of over USD 140 million, the new facility spans 113,000 square metres and provides 147,000 square metres of storage space.

#maersk #logisticscentre #logistics #shanghai #lingang #china #internationaltrade

Maersk opens major flagship logistics centre in Shanghai’s Lin-gang
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Maersk opens major flagship logistics centre in Shanghai’s Lin-gang

Maersk invests over USD 140 million in a new omnichannel fulfilment hub to boost efficiency and global trade connectivity.

Maersk has officially launched its largest contract logistics facility in Asia Pacific, the Maersk Mega Distribution Centre (DC), located in Shah Alam, Malaysia. The new facility increases Maersk’s warehouse footprint in the country by more than 30 per cent and is expected to play a crucial role in improving regional supply chain efficiency.

#maersk #asiapacific #malaysia #shahalam #logistics #supplychain

Maersk opens largest warehouse in Asia Pacific at Shah Alam, Malaysia
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Maersk opens largest warehouse in Asia Pacific at Shah Alam, Malaysia

The new Maersk Mega Distribution Centre expands Malaysia’s logistics capacity, boosting regional connectivity and efficiency.

Global schedule reliability improved by 1.7 percentage points M/M to 58.7 percent in April 2025, the highest level recorded since November 2023, according to the latest update from Sea-Intelligence.

#seaintelligence #maersk #hapag #msc #geminicooperation #shipping

Maersk most reliable top-13 carrier in April 2025
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Maersk most reliable top-13 carrier in April 2025

Global schedule reliability continues to increase in 2025, up 6.5 percentage points YoY in April at 58.7%.

Fleetx.io announced it has raised Rs. 113 crore in Series C funding to accelerate its journey towards profitability and prepare for an IPO. The Gurugram-based SaaS logistics platform secured the investment from existing backers IndiaMART Intermesh Limited and BEENEXT’s Accelerate Fund.

#fleetx #indiamart #beenext #acceleratefund #ipo #seriescfunding #logistics #gurugram #ultratechcement #unilever #adanigroup #godrej #vedanta #maersk

Fleetx raises Rs 113 crore in Series C to target profitability & IPO
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Fleetx raises Rs 113 crore in Series C to target profitability & IPO

The platform secured the investment from existing backers IndiaMART Intermesh Limited and BEENEXT’s Accelerate Fund.

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