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mergers and acquisitions


Friday, July 26, 2024
With the acquisition, Singapore-based Cyan Renewables set to become the Largest APAC Platform for Offshore Wind Energy Services.
Offshore

Cyan Renewables Acquires MMA Offshore for $702 Million

Cyan Renewables, Asia’s leading offshore wind services operator based in Singapore, today announced its acquisition of Australian offshore marine services

11 mins ago
Total Views: 18

Monday, July 22, 2024
File photo of a product tanker underway at sea
Shipping

Trafigura Group Expands High Heat Tanker Fleet

The Trafigura Group has successfully acquired Gearbulk’s 50 percent share in the joint venture company High Heat Tankers (HHT). The strategic move marks a

July 22, 2024
Total Views: 1100

Wednesday, July 10, 2024
OSG ATB
Shipping

Saltchuk Completes Acquisition of Overseas Shipholding Group for $950 Million

Saltchuk Resources, Inc. has successfully completed its tender offer to acquire all outstanding shares of Overseas Shipholding Group, Inc. (NYSE: OSG) for

July 10, 2024
Total Views: 1263

Monday, July 8, 2024
Two Smit Lamnalco tugs working off Oman. Image: Smit Lamnalco
Shipping

Boskalis to Fully Acquire Smit Lamnalco

Royal Boskalis B.V. (Boskalis) has signed an agreement to acquire the remaining 50% shares in Smit Lamnalco, thereby taking full ownership of the company. Smit

July 8, 2024
Total Views: 1445

Friday, July 5, 2024
lng carrier
Shipping

Ocean Yield Enters LNG Carrier Segment

Norwegian-based shipowner Ocean Yield AS has announced an agreement to purchase infrastructure fund CVC DIF’s share in the French company Geogas LNG. The

July 5, 2024
Total Views: 430

Tuesday, July 2, 2024
Photo courtesy DOF
Shipping

DOF to Acquire Maersk Supply Service in $1.1 Billion Deal

DOF Group ASA will acquire Maersk Supply Service A/S (MSS) for approximately USD 1.112 billion. The deal will be financed through a combination of cash and new

July 2, 2024
Total Views: 2064

Monday, July 1, 2024
Maersk Withdraws DB Schenker Bid
Shipping

Maersk Withdraws DB Schenker Bid

By Eyk Henning, Dinesh Nair and Sara Sjolin (Bloomberg) — A.P. Moller-Maersk A/S withdrew its bid for DB Schenker, the logistics unit of Deutsche Bahn

July 1, 2024
Total Views: 1758

Wednesday, June 26, 2024
Pure car and truck carrier in port
Shipping

SAS Achieves Key Milestone in Gram Car Carriers Acquisition

SAS Shipping Agencies Services Sàrl (SAS) has received acceptances for approximately 93.56% of Gram Car Carriers ASA’s (GCC) issued share capital,

June 26, 2024
Total Views: 596

Thursday, June 20, 2024
The first-in-class National Security Multi-Mission Vessel, NSMV 1, aka Empire State VII, is floated out of dry dock at Philly Shipyard. Photo: courtesy of RADM Alfultis
Shipbuilding

Philly Shipyard Sold to Hanwha for $100 Million

U.S. shipbuilder Philly Shipyard will be sold to South Korean conglomerate Hanwha in a deal value at $100 million. The confirmation comes after months of

June 20, 2024
Total Views: 24443

Monday, June 17, 2024
Stock photo of the bow of a ship at anchor
Shipping

European Consortium Acquires Maritime Service Provider V.Group

V.Group, a leading ship management and maritime service provider, has been bought by a consortium led by European investment fund manager STAR Capital. Other

June 17, 2024
Total Views: 690

Monday, June 10, 2024
The drilling ship Noble Globetrotter II off the coast of Varna, Bulgaria
Offshore

Noble Corporation to Acquire Diamond Offshore Drilling in a Landmark Deal

Noble Corporation plc and Diamond Offshore Drilling, Inc have announced their decision to merge. As per the agreement, Noble will acquire Diamond in a

June 10, 2024
Total Views: 600

Tuesday, May 28, 2024
Pure car and truck carrier in port
Shipping

Gram Car Carriers Agrees to $700 Million Acquisition by MSC Subsidiary

Gram Car Carriers ASA (GCC) has announced the acceptance of a voluntary cash offer from SAS Shipping Agencies Services Sàrl (SAS), a wholly-owned subsidiary

May 28, 2024
Total Views: 1048

Monday, May 20, 2024
OSG ATB
Shipping

Saltchuk to Acquire Overseas Shipholding Group in $950 Million Deal

Seattle-based Saltchuk Resources, a diverse freight transportation and services company, has entered into a definitive agreement to acquire Overseas

May 20, 2024
Total Views: 2156

Wednesday, April 24, 2024
Pure car and truck carrier in port
Shipping

MSC Subsidiary Launches $700 Million Takeover of Gram Car Carriers

SAS Shipping Agencies Services, a wholly-owned subsidiary of the world’s largest container shipping line, MSC Mediterranean Shipping Company, plans to

April 24, 2024
Total Views: 1129

Tuesday, April 9, 2024
Photo: Star Bulk
Shipping

Star Bulk Completes Merger with Eagle Bulk Shipping

Star Bulk Carriers Corp. (Nasdaq: SBLK) announced the completion of its merger with Eagle Bulk Shipping Inc., creating the largest US-listed dry bulk shipping

April 9, 2024
Total Views: 915

Monday, March 4, 2024
MOLCT-operated chemical tanker Ensemble. Photo courtesy MOL
Shipping

MOL Boosts Chemical Tanker Fleet with $400 Million Fairfield Acquisition

MOL Chemical Tankers (MOLCT), a wholly-owned subsidiary of Mitsui O.S.K. Lines (MOL), has completed its acquisition of all shares of Fairfield Chemical

March 4, 2024
Total Views: 1500

Thursday, February 29, 2024
Feeport, Bahamas - May 2019: Tug boat RT Raptor near the pier close to the Freeport Container Port and Cruise Port
Shipping

KOTUG International Takes Full Ownership of Freeport Towage Joint Venture

Dutch towage operator KOTUG International has acquired full ownership of its Freeport, Bahamas-focussed joint venture with SEACOR Holdings, with KOTUG buying

February 29, 2024
Total Views: 1013

cma cgm headquaters and logo with French flag
Shipping

CMA CGM Completes $5 Billion Bollore Logistics Takeover

By Gus Trompiz PARIS, Feb 29 (Reuters) – France’s CMA CGM has completed a $5 billion takeover of Bollore Logistics, its biggest-ever

February 29, 2024
Total Views: 1254

Thursday, February 8, 2024
Svitzer harbor tug
Shipping

Maersk Launches Demerger of Svitzer Towage Business

Maersk has announced plans to spin-off its towage business as the Danish shipping conglomerate continues its transition towards becoming an integrated

February 8, 2024
Total Views: 2395

Friday, February 2, 2024
An inland tug and barges moves along a river under a bridge
Shipping

Ingram Barge Company Forms New Infrastructure Subsidiary

Leading U.S. inland waterways carrier Ingram Barge Company has announced the creation of Ingram Infrastructure Group, a new subsidiary that will focus on

February 2, 2024
Total Views: 1753
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