Saipem and Subsea 7 Ink $45 Billion Mega Merger
Italy's Saipem has agreed to merge with Norwegian rival Subsea 7 in an all-share deal to create a leading global player in offshore energy
Italy's Saipem has agreed to merge with Norwegian rival Subsea 7 in an all-share deal to create a leading global player in offshore energy
Cargill’s Ocean Transportation business and tanker leader Hafnia announced today the formation of Seascale Energy—a joint venture combining their
Crowley has strengthened its position in Pacific Northwest maritime services through the strategic acquisition of Main Line Inc., a Seattle-based vessel
French maritime data analytics platform Kpler wants to buy ship tracking company Spire Maritime, whose satellite data is a vital resource for oil traders
South Korean conglomerate Hanwha Group has completed its $100 million acquisition of Philly Shipyard through its subsidiaries Hanwha Systems and Hanwha Ocean,
Spanish state-held shipbuilder Navantia will acquire the shipyards of Britain's Harland & Wolff, the Belfast-based company best known for building the Titanic,
A unit of the world’s largest shipping line, MSC Mediterranean Shipping Company, and the City of Hamburg have successfully completed their joint venture
Brussels-based Kpler has announced its acquisition of Spire Maritime, a leading provider of satellite-powered vessel tracking data. This strategic acquisition
Scorpio Tankers Inc. (NYSE: STNG) has announced a strategic investment in DHT Holdings Inc. (NYSE: DHT), a leading player in the crude tanker market. During
By David Carnevali, Dinesh Nair and David Wethe (Bloomberg) — Transocean Ltd. is in talks to merge with rival offshore drilling contractor Seadrill
SAO PAULO/BENGALURU, Oct 21 (Reuters) – Investment holding company Ocean Wilsons OCN.L has agreed to sell its 56.47% stake in Brazilian unit Wilson
Norwegian energy giant Equinor ASA has made a significant move in the renewable energy sector by acquiring a 9.8% stake in Ørsted A/S, a leading offshore wind
Korean conglomerate Hanwha has officially withdrawn its takeover bid for Australian defense shipbuilder Austal, citing insurmountable obstacles in conducting
Pangaea Logistics Solutions Ltd. (Nasdaq: PANL) has announced a definitive agreement to merge fifteen handy-size dry bulk vessels from Strategic Shipping Inc.
CMA CGM, the French shipping and logistics group, has announced a significant expansion of its operations in South America, signing a definitive agreement to
OSLO, Sept 11 (Reuters) – Offshore drilling contractor Seadrill is looking to buy more assets or create a larger player by merging with peers, the
Noble Corporation plc (CSE: NOBLE, NYSE: NE) has finalized its $1.59 billion acquisition of Diamond Offshore Drilling, Inc., strengthening its position in the
Avance Gas Holding Ltd., a leading global operator in the transportation of liquefied petroleum gas (LPG), has agreed to sell its fleet of Very Large Gas
Crowley and SEACOR Holdings, through its subsidiary Seabulk Tankers, have successfully launched Fairwater Holdings, a new U.S. company combining the tanker
Viaro Energy, a leading independent British energy company, has announced that its main operating subsidiary, RockRose Energy Limited, has signed an agreement
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