German asset manager MPC Capital and ship management firm Wilhelmsen have established Waterway IT, a standalone joint venture providing onboard IT services, launching April 1, 2026 with approximately 400 vessels under management. The venture consolidates IT operations from both partners into a unified global platform. This represents a significant move to centralize and professionalize maritime IT infrastructure across a substantial fleet.
Splash 247·DE · NO·about 3 hours ago
MarketsDevelopingFeatured
A joint venture backed by Toyota and Daimler has begun operations to compete in the commercial vehicle market, particularly targeting competition from Chinese manufacturers. The partnership represents a strategic consolidation among established automakers responding to disruptive competition in the heavy-duty and electric truck segments. The timing and specific market focus remain partially unclear from available reporting.
Nikkei Asia·JP · DE · CN·about 3 hours ago
Three major maritime partners—Port of New Orleans, Ports America, and Mediterranean Shipping Co's Terminal Investment Limited—have established a joint venture (Louisiana International Terminal Holdings) to develop and operate a new container facility in St Bernard Parish. The move reflects strategic positioning to enhance Louisiana's competitive capacity in containerized cargo handling and international commerce infrastructure.
Splash 247·US·about 4 hours ago