Thursday, January 13, 2022
daewoo shipbuilding

Shipbuilding Mega-Merger Blocked: European Commission Prohibits Hyundai Heavy Industries’ Takeover of DSME

The European Commission has rejected the proposed merger between South Korean shipbuilders Daewoo Shipbuilding & Marine Engineering (DSME) and Hyundai

9 mins ago
Total Views: 62

Tuesday, December 28, 2021
Soeren Skou, CEO Maersk

Maersk’s Acquisition of LF Logistics a ‘Significant Milestone’

By Mike Wackett (The Loadstar) – Maersk’s proposed $3.6bn acquisition of Hong Kong-based LF Logistics represents a “significant milestone” in its

December 28, 2021
Total Views: 2155

Wednesday, December 22, 2021
Soeren Skou, CEO Maersk

Maersk to Acquire LF Logistics, Expanding End-to-End Supply Chain Portfolio in Asia

Seeking to bolster its end-to-end logistics solutions in Asia, A.P. Moller – Maersk has announced a deal to acquire Hong Kong-based LF Logistics in a

December 22, 2021
Total Views: 491

Tuesday, December 21, 2021

Aker BP to Buy Lundin Energy Oil and Gas Business, Creating Norwegian Offshore Behemoth

By Charles Daly (Bloomberg) — Aker BP ASA agreed to buy the oil and gas business of Lundin Energy AB in a $10 billion deal that creates the

December 21, 2021
Total Views: 751

msc ship in port

MSC in Exclusive Talks to Buy Bolloré’s African Logistics Business for $6.4 Billion

By Ania Nussbaum and Christopher Jasper (Bloomberg) — MSC Mediterranean Shipping Co., the world’s second-biggest container line, offered to buy the

December 21, 2021
Total Views: 993

Thursday, December 9, 2021
maersk freight cargo

Germany Competition Regulator to Look at Maersk’s Planned Sale of Reefer Container Unit to Chinese Company

Germany’s Federal Cartel Office is taking a closer look into the proposed sale of Maersk’s refrigerated container manufacturing unit to China

December 9, 2021
Total Views: 2283

Wednesday, December 1, 2021

Jones Act Specialist Maritime Partners Acquires Fleet of Over 1,000 Vessels from J. Russell Flowers, Inc.

New Orleans-based Maritime Partners has acquired a large and diversified fleet of over 1,000 marine vessels from J. Russell Flowers, Inc. JRF’s fleet

December 1, 2021
Total Views: 3412

Tuesday, November 16, 2021
S&P Global Offices In NYC

US Approves $39B Maritime Media And Data Deal

By David McLaughlin (Bloomberg) S&P Global (NYSE: SPGI) won U.S. antitrust approval to buy IHS Markit (NYSE: INFO) – owners of The Journal Of

November 16, 2021
Total Views: 1102

Wednesday, November 10, 2021
maersk viking drillship

Offshore Drillers Noble Corporation and Maersk Drilling to Merge

Offshore drilling contractors Noble Corporation (NYSE: NE) and Maersk Drilling have announced an agreement to combine the two companies, creating one of the

November 10, 2021
Total Views: 1475

Monday, November 8, 2021

Inmarsat Acquired by US-Based Viasat for $7.3 Billion

California-based communications company Viasat Inc. (NASDAQ: VSAT) has announced an agreement to acquire Inmarsat for $7.3 billion. The combination will create

November 8, 2021
Total Views: 1206

Thursday, October 7, 2021

Clean Sea Transport Acquires Marinvest’s Fleet of Methanol-Fueled and Ice Class Tankers

Clean Sea Transport, the joint venture between MSEA Group, Arkview Capital, and Scorpio Tankers (NYSE:STNG), has acquired 100% interest in Marinvest’s

October 7, 2021
Total Views: 675

Monday, October 4, 2021
lng carrier panama canal

Investment Firm to Acquire Teekay LNG in $6.2 Billion Deal

Teekay LNG Partners (NYSE:TGP), the LNG shipping arm of Teekay Corporation (NYSE: TK), has announced an agreement to to be acquired by investment firm

October 4, 2021
Total Views: 1002

Wednesday, September 29, 2021
crane loading container

Canadian Pension Fund to Acquire Ports America, North America’s Largest Marine Terminal Operator

Canadian pension fund CPP Investments will acquire 100% ownership of Ports America from Oaktree Capital Management at a reported valuation of more than $4

September 29, 2021
Total Views: 2540

Tuesday, September 28, 2021

Maersk to Divest Reefer Container Business for Nearly $1 Billion

China International Marine Containers has struck a deal with A.P. Moller – Maersk to acquire Maersk Container Industry, a leading manufacturer of

September 28, 2021
Total Views: 2355

Wednesday, September 22, 2021

COSCO Shipping Unit Takes Minority Stake in Favored Hamburg Container Terminal

The port operations arm of COSCO Shipping will buy a minority stake in Port of Hamburg’s Container Terminal Tollerort (CTT), the main calling point for

September 22, 2021
Total Views: 885

Wednesday, September 8, 2021

Neptune Is Said to Consider Merger With Rival Harbour Energy

By Dinesh Nair, Ruth David and Laura Hurst (Bloomberg) — Neptune Energy Group Ltd., the private equity-backed explorer, is considering options

September 8, 2021
Total Views: 605

Saturday, August 28, 2021

Navios Merges Into Largest U.S. Listed Shipping Company

The Monaco-based Navios Maritime Partners (NMM) is acquiring the debt-laden Navios Maritime Acquisition Company (NNA) to create a massive containership,

August 28, 2021
Total Views: 1495

Thursday, August 19, 2021
Press Releases

RWU Law Acquires The Journal of Maritime Law and Commerce

Rhode Island’s only law school acquires the U.S.’s leading maritime law periodical, a boon for the profession and students alike BRISTOL, R.I., August 19,

August 19, 2021
Total Views: 439

Monday, August 16, 2021

Seacor Holdings Acquires Jones Act Shipping Company U.S. Shipping Corp

Fort Lauderdale, Florida-based Seacor Holdings has acquired Jones Act shipping company U.S. Shipping Corp. USSC is provider of long-haul marine transportation

August 16, 2021
Total Views: 4310

Monday, July 19, 2021
Oil Tanker Bridge

International Seaways and Diamond S. Shipping Complete Tanker Mega Merger

New York-listed tanker companies International Seaways, Inc. (NYSE: INSW) and Diamond S Shipping Inc. (NYSE: DSSI) have completed their merger, creating one of

July 19, 2021
Total Views: 1629