Atlas Air Worldwide Acquires 49% Stake in Icelandic ACMI Operator Air Atlanta
Atlas Air Worldwide announced the acquisition of a 49% minority stake in Icelandic ACMI operator Air Atlanta, expanding its global footprint. The deal also includes Atlas' leasing subsidiary Titan Aviation Holdings purchasing Air Atlanta's aircraft and leasing them back. The transaction, valued at an undisclosed amount, is expected to close in Q3 2026.
Port of Rotterdam Authority Transfers Routescanner to Royal Dirkzwager
Effective 27 May 2026, the Port of Rotterdam Authority transferred its digital logistics platform Routescanner to Royal Dirkzwager, a maritime data solutions provider. The acquisition aims to accelerate Routescanner’s development as an international technology platform within Royal Dirkzwager’s data and...
AD Ports to Acquire MBS Logistics' Core Business
Abu Dhabi‑based AD Ports announced it will acquire the core business of Cologne‑based freight forwarder MBS Logistics, adding 26 offices to its Noatum Logistics network across Europe and beyond. The deal, covering MBS operations in Germany, Switzerland, Asia‑Pacific and the...
Ofiniti Acquires Teqplay to Expand Operational Intelligence in Maritime Bunkering
Ofiniti, a digital platform for maritime fuel operations, announced the acquisition of Teqplay, a maritime intelligence firm that creates digital twins of vessel and cargo movements. The deal expands Ofiniti’s capabilities from execution and documentation into real‑time operational intelligence, tripling...
Navios Maritime Partners Acquires Four VLCC Newbuildings for $482M
Greek shipping group Navios Maritime Partners announced it has agreed to purchase four scrubber‑fitted VLCC newbuildings from an unnamed third party for $482 million, with deliveries slated for the second half of 2028. The vessels are already chartered for around five...
GMS Acquires Four Sanctioned Container Ships for Recycling
Anil Sharma’s GMS has completed the acquisition of four post‑panamax container ships that were sanctioned by the U.S. Treasury, after receiving an OFAC licence. Ownership transferred to GMS‑linked entities as of Monday, and the vessels are being prepared for scrapping....
Allegiant Air Completes Acquisition of Sun Country Airlines
Allegiant Air has finalized its acquisition of Sun Country Airlines, marking the first merger between two niche low‑cost carriers in the US. The deal consolidates the low‑cost carrier market following recent industry turbulence, including Spirit Airlines' shutdown. The acquisition was...
Saudia Takes Delivery of First Airbus A321XLR, Expanding Fleet with Premium Business Cabin
Saudia, the Saudi flag carrier, received its first Airbus A321XLR at Airbus' Toulouse facility on May 24, 2026, becoming the first operator of the extra‑long‑range narrow‑body in the Middle East. The airline has a commitment for 15 A321XLRs, with the...
Sofia Airport Secures $485M Debt Financing for New Terminal 3
Sofia Airport has secured $485 million in international debt financing, including a bond issuance and bank loans, to fund the construction of Terminal 3 and modernise existing infrastructure. The financing, backed by investors such as the European Bank for Reconstruction and...
Euroseas Partners with NRP‑backed Investors in $12.2M Minority Stake JV for New Containership
Greek containership owner Euroseas announced a joint venture with a group of Norwegian investors represented by NRP Project Finance, granting the investors a 49% equity stake in its newbuild vessel Thrylos for about $12.2 million. The vessel, part of a...
ICTSI Secures $300M AIIB Loan for Philippine Port Expansion
International Container Terminal Services Inc. (ICTSI) received a $300 million senior unsecured corporate loan from the Asian Infrastructure Investment Bank (AIIB), the bank’s first non‑sovereign‑backed transaction in the Philippines. The financing will fund expansion of three container terminals and purchase of...
UISEE Lists on Hong Kong Stock Exchange, Raising HK$795.4M ($102M) in IPO
Chinese autonomous‑driving firm UISEE officially listed on the Hong Kong Stock Exchange on May 20, 2026, opening at HK$56 per share and achieving a market valuation of roughly HK$9.09 billion. The global IPO raised net proceeds of about HK$795.4 million ($102 million). UISEE...
True North Acquires Miles Truck Services
True North, a fleet maintenance and repair platform backed by Garnett Station, announced the acquisition of Miles Truck Services. The deal expands True North's service network in the trucking industry. Financial terms were not disclosed.
Dormakaba Acquires Airsphere to Expand Airport Software Portfolio
Swiss security solutions provider dormakaba completed the acquisition of German airport software specialist Airsphere GmbH on May 18, 2026. The deal expands dormakaba’s airport business, adding passenger management and eGate solutions to its portfolio. Financial terms were not disclosed.
AD Ports to Acquire MBS Logistics Group
AD Ports announced it has signed an agreement to acquire Cologne‑based forwarder MBS Logistics Group, expanding its footprint in Europe and Asia. The acquisition, pending regulatory approval, is expected to close in the second half of 2026. Financial terms were...