mergers and acquisitions

Thursday, June 2, 2022

Maersk Closes its Senator International Acquisition

A.P. Moller – Maersk has announced the closing of its acquisition of Hamburg-based freight forwarding company Senator International as the container

June 2, 2022
Total Views: 1955

Wednesday, June 1, 2022
Hapag-lloyd containership

Hapag-Lloyd Further Expands Africa Presence with DAL Acquisition

German liner operator Hapag-Lloyd has announced the closing of its acquistion of the container liner business of German carrier Deutsche Afrika-Linien (DAL),

June 1, 2022
Total Views: 709

Monday, May 9, 2022

Noble and Maersk Drilling to Divest Rigs to Soothe UK Competition Concerns Over Proposed Merger

By Katharine Gemmell (Bloomberg) — Noble Corp. and Maersk Drilling offered to divest some of its offshore operation platforms to avoid an in-depth

May 9, 2022
Total Views: 1438

Wednesday, May 4, 2022
blockchain technology in shipping

Maritime Software Consolidation: Veson Nautical Acquires Q88

Maritime freight software firm Veson Nautical on Wednesday announced its acquisition of Q88, an information management and software platform for the maritime

May 4, 2022
Total Views: 749

Tuesday, April 26, 2022

Tidewater Becomes Leading OSV Operator After Closing Swire Pacific Deal

Houston-based Tidewater Inc. (NYSE: TDW) has completed its acquisition of Swire Pacific Offshore, becoming the world’s leading offshore support vessel

April 26, 2022
Total Views: 2242

Friday, April 22, 2022
maersk jack-up rig

Noble and Maersk’s Offshore Drilling Merger Raises Competition Concerns in UK

The UK Competition and Markets Authority has found that the proposed merger between offshore drilling contractors Noble Corporation and Maersk Drilling could

April 22, 2022
Total Views: 1659

keppel shipyard

Keppel and Sembcorp Shares Rally Ahead of Merger Deadline

By Ishika Mookerjee and Kyunghee Park (Bloomberg) — The deadline for a transformative deal between Keppel Corp. and Sembcorp Marine Ltd. is just

April 22, 2022
Total Views: 1892

Tuesday, April 19, 2022
offshore support vessels

KOTUG Acquiring Dubai-Based OSV Operator Seaways International

Netherlands-based KOTUG International has entered into an agreement to acquire rival offshore support vessel operator Seaways International, part of a strategy

April 19, 2022
Total Views: 1449

Thursday, April 7, 2022

CMA CGM Buys Auto Logistics Company Gefco

PARIS, April 8 (Reuters) – French shipping group CMA CGM said on Friday it has acquired nearly 100% of Gefco, the auto transport company previously

April 7, 2022
Total Views: 2373

vlcc tanker

Tanker Mega-Merger: Frontline and Euronav to Combine in $4.2 Billion Deal

By Terje Solsvik and Victoria Klesty OSLO, April 7 (Reuters) – Belgian oil tanker group Euronav and smaller Oslo-listed rival Frontline plan to merge

April 7, 2022
Total Views: 3018

Friday, April 1, 2022
Vytautas Kielaitis /

MSC Reaches Deal to Acquire Bolloré’s Africa Logistics Business for 5.7 Billion Euros

The world’s largest shipping line, Mediterranean Shipping Company (MSC), has reached an agreement to acquire 100% the African logistic business of

April 1, 2022
Total Views: 1818

Wednesday, March 30, 2022
brexit port

Cargotec and Konecranes Abandon $5 Billion Merger Plan Over Competition Concerns

Finnish-based Cargotec and Konecranes have cancelled plans for a proposed merger after UK competition regulators blocked the transaction over concerns that it

March 30, 2022
Total Views: 766

Friday, March 25, 2022

MSC Takes Minority Stake in Beleaguered Ferry Operator Moby  

By Antonio Vanuzzo and Giulia Morpurgo (Bloomberg) — Italian billionaire Gianluigi Aponte’s Mediterranean Shipping Co. will take a minority stake

March 25, 2022
Total Views: 2090

Friday, February 11, 2022
Vytautas Kielaitis /

Italy Set to Approve Start of Process to Sell Airline ITA to MSC

By Alberto Brambilla, Daniele Lepido and Chiara Albanese (Bloomberg) — Italy’s government is set to approve the start of the process to sell ITA

February 11, 2022
Total Views: 1320

Wednesday, February 9, 2022

Maersk to Acquire Land-Based Logistics Provider Pilot Freight Services

A.P. Moller – Maersk is continuing its integrated logistics transformation, announcing Wednesday its intention to acquire U.S.-based trucking company

February 9, 2022
Total Views: 2169

Monday, January 31, 2022
cma cgm containership

CMA CGM Strikes Preliminary Agreement to Acquire Colis Prive in ‘Last Mile’ Logistics Push

PARIS, Jan 31 (Reuters) – French shipping giant CMA CGM said it had struck a preliminary agreement to acquire a majority stake in French

January 31, 2022
Total Views: 755

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

January 13, 2022
Total Views: 4626

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: 2328

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: 521

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: 793