Hapag-Lloyd in Talks to Buy Israel’s Zim
Hapag-Lloyd AG is in advanced talks to acquire Israeli competitor Zim Integrated Shipping Services Ltd, the German company said on
Hapag-Lloyd AG is in advanced talks to acquire Israeli competitor Zim Integrated Shipping Services Ltd, the German company said on
Seattle-based Saltchuk has agreed to acquire Great Lakes Dredge & Dock, the largest dredging contractor in the United States, in a $1.5 billion all-cash deal
Transocean and Valaris have agreed to merge in an all-stock deal valued at about $5.8 billion, creating a $17 billion offshore drilling giant with a 73-rig
International Seaways, Inc. (NYSE: INSW) has acquired sole ownership of Tankers International, one of the world’s leading shipping pools, while
Magnet Defense has completed its acquisition of Louisiana-based shipbuilder Metal Shark, a move the company says will give it the production muscle needed to
Australia’s Foreign Investment Review Board has approved South Korean shipbuilder Hanwha Corporation to increase its direct equity shareholding in Austal
ZIM Integrated Shipping Services is navigating a complex strategic review that could reshape the Israeli container liner’s future, as its board evaluates
Two of the world’s most established mutual insurance providers serving the global shipping and logistics industries announced today they are exploring a
European ferry operator Stena Line is set to acquire Swedish-Finnish ferry service Wasaline, expanding its Baltic Sea operations to five routes while advancing
Moran Towing Corporation has acquired Bisso Towboat Co., Inc. in a strategic move to strengthen its presence in New Orleans and the lower Mississippi River
T. Parker Host (HOST) has announced the acquisition of Impala Terminals Burnside, a strategic bulk facility located at Mile Marker 169 on the East Bank of the
LNG carrier shipowner CoolCo and EPS Ventures have announced advanced discussions for a potential acquisition that would see EPS purchase all outstanding
Hafnia Limited has entered into a preliminary agreement to acquire approximately 14.1 million A shares in product tanker operator TORM plc from Oaktree Capital
Shareholders of Golden Ocean Group Limited (NASDAQ: GOGL & Euronext Oslo Børs: GOGL) have approved the stock-for-stock merger with CMB.TECH at a Special
Norwegian freight data company Xeneta AS has acquired Copenhagen-based maritime intelligence firm eeSea, creating a combined platform that will enable
CK Hutchison Holdings Ltd.’s profit fell 92% in the first half of the year, due to a one-time and non-cash loss on account of the merger of its
Saipem and Subsea7 have signed a binding merger agreement to create a global powerhouse in energy services. The resulting entity, to be named Saipem7, will
The Shanghai Stock Exchange has reportedly approved the merger of China State Shipbuilding Corporation (CSSC) and China Shipbuilding Industry Corporation
T. Parker Host (HOST) has announced the acquisition of Transmarine Navigation Corporation (Transmarine), a leading West Coast ship agency, creating what
European private equity firm InfraVia Capital Partners has acquired an 80% majority stake in renowned maritime group Louis Dreyfus Armateurs (LDA) through its
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