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mergers and acquisitions


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: 1469

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: 986

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: 1180

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: 2366

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: 1707

Monday, January 29, 2024
Saltchuk Reconsidering Takeover of Overseas Shipholding Group
Shipping

Saltchuk Reconsidering Takeover of Overseas Shipholding Group

Overseas Shipholding Group, Inc. (NYSE: OSG), a major provider of US-flag liquid bulk transportation services in the energy sector, has confirmed the receipt

January 29, 2024
Total Views: 2765

Monday, January 8, 2024
Maersk Tanker Underway
Shipping

Maersk Tankers Acquires Penfield Marine to Expand Tanker Services

Copenhagen-based Maersk Tankers has recently completed its acquisition of Penfield Marine, a boutique commercial management company. The move allows Maersk

January 8, 2024
Total Views: 2044

Monday, December 11, 2023
bulk ship
Shipping

Star Bulk and Eagle Bulk to Merge, Creating Largest US-Listed Dry Bulk Shipping Company

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

December 11, 2023
Total Views: 4357

Cadeler wtiv working at an offshore wind farm
Offshore

Cadeler Secures Green Loan for Eneti Combination and Upgrades

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

December 11, 2023
Total Views: 653

Friday, December 1, 2023
Stock photo of the bow of a ship at anchor
Shipping

Hahn & Co. Weighs Sale of South Korea’s SK Shipping, Sources Say

By Manuel Baigorri, Cathy Chan and Vinicy Chan (Bloomberg) — South Korean buyout firm Hahn & Co. is reviewing strategic options for its majority

December 1, 2023
Total Views: 549

Wednesday, October 25, 2023
Stock photo of a barge on the Mississippi River
Shipping

SEACOR Sells Inland Barge Business to Ingram

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

October 25, 2023
Total Views: 4762

Monday, October 23, 2023
File photo of an offshore drillship
Offshore

Chevron Wins Piece of Exxon’s Guyana Oil Riches With Hess Deal

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

October 23, 2023
Total Views: 1065

Wednesday, September 27, 2023
USS-Fitzgerald-Unrep-MSC-Tanker
Shipping

Maritime Partners Acquires Navy Contractor USMMI from Maersk

Privately-held Maritime Partners is further expanding its portfolio of domestic maritime assets with the acquisition of Norfolk, Va.-based U.S. Marine

September 27, 2023
Total Views: 1428

Tuesday, August 22, 2023
File photo of a product tanker underway at sea
Shipping

Maritime Partners to Acquire AMSC’s Jones Act Tanker Fleet

Oslo-based AMSC and Maritime Partners have signed a share purchase agreement for Maritime Partners’ purchase of American Tanker Holding Company (ATHC), a

August 22, 2023
Total Views: 2052

Thursday, July 13, 2023
A silhouette of a ship underway in the distance at dusk
Shipping

Indonesian Shipping Firm Meratus Weighing $2 Billion Sale, Sources Say

By Manuel Baigorri and Elffie Chew (Bloomberg) — Indonesian logistics and marine shipping business Meratus is exploring a sale of the business

July 13, 2023
Total Views: 1415

Tuesday, June 27, 2023
bulk carrier underway
Shipping

Danaos Expresses ‘Serious Concern’ Over Eagle Bulk’s Repurchase of Oaktree Shares and Use of ‘Poison Pill’

Danaos Corporation (NYSE:DAC), one of the world’s largest independent owners of containerships and the largest shareholder of Eagle Bulk Shipping

June 27, 2023
Total Views: 1865

Friday, June 23, 2023
shipping containers
Ports

Carrix to Expand North American Terminal Footprint

Carrix, a leading marine terminal operator based in Seattle, Washington, has announced plans to expand its North American terminal footprint with the purchase

June 23, 2023
Total Views: 2890

Thursday, June 22, 2023
bulk ship
Shipping

Eagle Bulk Repurchases Oaktree Stake at a Premium

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

June 22, 2023
Total Views: 2157

Tuesday, June 20, 2023
DNV Strengthens Cyber Security Offering with Nixu Acquisition
Shipping

DNV Strengthens Cyber Security Offering with Nixu Acquisition

International classification society and risk management firm DNV has announced plans to acquire Helsinki-headquartered cyber security firm Nixu. Under the

June 20, 2023
Total Views: 506

Wednesday, May 31, 2023
Viasat Completes Acquisition of Inmarsat
Shipping

Viasat Completes Acquisition of Inmarsat

California-based communications company, Viasat Inc., has completed its acquisition of Inmarsat, a global leader in mobile satellite communications in the

May 31, 2023
Total Views: 2397
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