Saturday, August 28, 2021

Navios Merges Into Largest U.S. Listed Shipping Company

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...

August 28, 2021
Total Views: 1480

Monday, December 15, 2014

Boskalis and KOTUG Forming Harbor Towage Joint Venture

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.

December 15, 2014
Total Views: 4

Tuesday, December 2, 2014
Maritime News

Regulators Clear Way for Merger of Hapag-Lloyd and CSAV

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.

December 2, 2014
Total Views: 29

Thursday, November 27, 2014
maersk broker

Maersk Broker May Look at Mergers as Other Shipbrokers do Deals

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.

November 27, 2014
Total Views: 2

Tuesday, October 7, 2014
Maritime News

Knightsbridge and Golden Ocean Group Merger Creates Dry Bulk Giant

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...

October 7, 2014
Total Views: 10

Wednesday, July 9, 2014
oeg offshore group

KKR Partners With OEG Offshore Group

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...

July 9, 2014
Total Views: 12

Tuesday, June 17, 2014
Maritime News

Hamburg-Sued Seeks Options After Merger Talks Fail

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.

June 17, 2014
Total Views: 1

Monday, June 16, 2014
Maritime News

Star Bulk Acquiring Oceanbulk to Create Largest U.S. Listed Dry Bulk Company

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...

June 16, 2014
Total Views: 15

Tuesday, April 22, 2014

CSAV, Hapag-Lloyd Merger Deal Clears Hurdle

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...

April 22, 2014
Total Views: 0

Wednesday, September 11, 2013

DNV and GL Merger a Done Deal

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

September 11, 2013
Total Views: 37

Friday, September 6, 2013
berg propulsion propeller
Engineering News

Caterpillar Finalizes Acquisition of Berg Propulsion

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...

September 6, 2013
Total Views: 28

Wednesday, May 15, 2013
hapag lloyd hamburg sud

Hamburg Süd – Hapag-Lloyd Merger Talks Put on Indefinite Hold

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...

May 15, 2013
Total Views: 29

Monday, April 22, 2013
Engineering News

Mitsui Shipbuilding Gains 21 Percent on Report of Merger Talks with KHI

(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...

April 22, 2013
Total Views: 0

Wednesday, January 9, 2013
skf logo
Engineering News

SKF Combines Forces with Blohm & Voss in $104 Million Merger

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...

January 9, 2013
Total Views: 15

Thursday, December 20, 2012
dnv gl group merger

DNV and GL Group Announce Landmark Merger

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...

December 20, 2012
Total Views: 24

Tuesday, December 18, 2012

Hapag-Lloyd Confirms Merger Talks with Hamburg Süd

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...

December 18, 2012
Total Views: 2

Wednesday, December 5, 2012

Japanese Shipbuilding Merger Gets Green Light

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...

December 5, 2012
Total Views: 26

Monday, November 26, 2012
Peter Berdowski ceo boskalis

Boskalis Offers $885 Million in Takeover Bid for Dockwise [UPDATE]

*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...

November 26, 2012
Total Views: 30

Wednesday, August 15, 2012

American and Danish Shipowners Unite to Form Project and Heavylift Cargo Superpower

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...

August 15, 2012
Total Views: 1

Thursday, June 28, 2012

Bahri and Vela Contemplate $1.3 Billion VLCC Merger

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...

June 28, 2012
Total Views: 8