The Monaco-based Navios Maritime Partners (NMM) is acquiring the debt-laden Navios Maritime Acquisition Company (NNA) to create a massive containership, bulker, and tankship company with over 140 ships. This will...

Dutch marine services provider Royal Boskalis Westminster N.V. and KOTUG International B.V., a leading harbor towage also based in the Netherlands, have agreed to merge their European harbor towage businesses.

Germany's Hapag-Lloyd said on Tuesday it had received the last outstanding regulatory approvals for its planned merger with Chilean shipper Compania SudAmericana de Vapores, clearing the way for the two companies to be formally combined.

Major ship brokerage firm Maersk Broker is looking into possible mergers and joint ventures after a spate of deals in the broking industry which is gearing up for a revival in the international shipping business after a five-year downturn.

Dry bulk shippers Golden Ocean Group Ltd (OSE: GOGL) and Knightsbridge Shipping Ltd (Nasdaq: VLCCF) have entered into an agreement today to merge resulting in one of the largest dry bulk shipping...

Investment firm KKR announced today it has acquired a majority stake in Aberdeen-based OEG Offshore Group, a company that supports the offshore oil and gas by manufacturing and leasing Cargo Carrying Units...

Germany's second biggest container shipper Hamburg-Sued is seeking options for the business after merger talks with bigger rival Hapag-Lloyd failed last year.

Athens-based Star Bulk Carriers Corp. announced today an all-stock deal to acquire 15 dry bulk carriers and 26 newbuilds as part of a full acquisition of Oceanbulk Shipping, which will create the...

SANTIAGO, April 21 (Reuters) – A significant majority of shareholders in Chilean shipper Compania SudAmericana de Vapores lent their support to the firm’s merger with Germany’s Hapag-Lloyd, allowing the agreed...

New company, DNV GL, will be operational beginning September 12, 2013.

Caterpillar Marine has announced the acquisition of Johan Walter Berg AB has successfully closed. The merger deal between CAT and Berg was announced on July 1st, one that adds an...

FRANKFURT, May 15 (Reuters) – Hamburg Süd, Germany’s second-largest shipping group, said on Wednesday it did not expect to resume merger talks with rival Hapag-Lloyd any time soon after talks...

(Bloomberg) — Mitsui Engineering & Shipbuilding Co. surged to 5 1/2-year high on a Nikkei report it plans to hold merger talks with Kawasaki Heavy Industries Ltd. to create Japan’s...

SKF AB, the world’s largest maker of ball bearings, agreed to buy Hamburg-based ship-component maker Blohm & Voss Industries GmbH to expand its offering to the marine industry. SKF will...

A merger of international classification superpowers has been announced today. Norwegian classification society Det Norske Veritas (DNV) and German classification society Germanischer Lloyd have agreed to merge their respective businesses...

Julie Cruz TUI AG rose in Frankfurt after its shipping unit Hapag-Lloyd said it is discussing a possible merger with Hamburg Sud. TUI shares advanced as much as 2.6 percent and traded...

TOKYO–JFE Holdings Inc. (5411.TO) and IHI Corp. (7013.TO) on Tuesday said they will proceed with a Jan. 1 merger of their shipbuilding operations, finally winning approval from Chinese antitrust authorities...

*UPDATE Boskalis has acquired in excess of 8.5 million shares in Dockwise in the course of trading today. This shareholding represents slightly less than 22% of the shares in Dockwise.As previously announced...

Danish Scan-Trans Holding A/S and U.S. based Intermarine, LLC announced a stock transaction today. The two companies will create an unparalleled platform for premier services in project and heavylift cargo...

Saudi Aramco and the National Shipping Company of Saudi Arabia (Bahri) announced Wednesday that they have signed a non-binding memorandum of understanding (MOU) that would pursue a merger of the...