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
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
Dutch towage operator KOTUG International has acquired full ownership of its Freeport, Bahamas-focussed joint venture with SEACOR Holdings, with KOTUG buying
By Gus Trompiz PARIS, Feb 29 (Reuters) – France’s CMA CGM has completed a $5 billion takeover of Bollore Logistics, its biggest-ever
Maersk has announced plans to spin-off its towage business as the Danish shipping conglomerate continues its transition towards becoming an integrated
Leading U.S. inland waterways carrier Ingram Barge Company has announced the creation of Ingram Infrastructure Group, a new subsidiary that will focus on
Overseas Shipholding Group, Inc. (NYSE: OSG), a major provider of US-flag liquid bulk transportation services in the energy sector, has confirmed the receipt
Copenhagen-based Maersk Tankers has recently completed its acquisition of Penfield Marine, a boutique commercial management company. The move allows Maersk
Star Bulk Carriers Corp. (Nasdaq: SBLK) and Eagle Bulk Shipping Inc. (NYSE: EGLE) have announced their agreement to merge in an all-stock deal, creating the
Cadeler A/S (OSE: CADLR) has announced the signing of EUR 550m Senior Secured Green Loan Facilities with a group of banks to refinance existing vessels in
By Manuel Baigorri, Cathy Chan and Vinicy Chan (Bloomberg) — South Korean buyout firm Hahn & Co. is reviewing strategic options for its majority
SEACOR Holdings has signed a definitive agreement to sell its inland barge business Inland River Transport Holdings, commonly known as SCF, to a division of
By Kevin Crowley (Bloomberg) — The crown jewel of Chevron Corp.’s $53 billion acquisition of Hess Corp. is a piece of larger rival Exxon Mobil
Privately-held Maritime Partners is further expanding its portfolio of domestic maritime assets with the acquisition of Norfolk, Va.-based U.S. Marine
Oslo-based AMSC and Maritime Partners have signed a share purchase agreement for Maritime Partners’ purchase of American Tanker Holding Company (ATHC), a
By Manuel Baigorri and Elffie Chew (Bloomberg) — Indonesian logistics and marine shipping business Meratus is exploring a sale of the business
Danaos Corporation (NYSE:DAC), one of the world’s largest independent owners of containerships and the largest shareholder of Eagle Bulk Shipping
Carrix, a leading marine terminal operator based in Seattle, Washington, has announced plans to expand its North American terminal footprint with the purchase
Eagle Bulk repurchases Oaktree’s entire stock ownership of 28%. U.S.-based Eagle Bulk Shipping Inc. (NYSE: EGLE) has announced that its Board of
International classification society and risk management firm DNV has announced plans to acquire Helsinki-headquartered cyber security firm Nixu. Under the
California-based communications company, Viasat Inc., has completed its acquisition of Inmarsat, a global leader in mobile satellite communications in the
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