Monday, April 19, 2021
Shipbuilding

Bollinger Acquires Gulf Island Fabrication’s Houma Shipyard

Bollinger Shipyards announced today it has acquired the shipyard facilities of Gulf Island Fabrication (NASDAQ:GIFI). Lockport, Lousianna-based Bollinger Shipyards is a leading privately-held designer and builder of steel military and...

April 19, 2021
Total Views: 3023

Wednesday, March 31, 2021
oil tanker loading
Shipping

Tanker Mega Merger: NYSE-Listed International Seaways and Diamond S. Shipping to Combine

New York-listed tanker companies International Seaways, Inc. (NYSE: INSW) and Diamond S Shipping Inc. (NYSE: DSSI) have announced an all-stock merger that will create the world’s second largest US-listed tanker...

March 31, 2021
Total Views: 1701

Thursday, March 25, 2021
offshore drillship
Offshore

Offshore Drillers Noble and Pacific Drilling to Merge in All-Stock Deal

Offshore drilling contractors Noble Corporation and Pacific Drilling will combine in an all-stock transaction that will see Noble will acquire Pacific Drilling. A definitive merger agreement was unanimously approved by...

March 25, 2021
Total Views: 3140

Wednesday, March 10, 2021
maersk freight cargo
Shipping

Maersk is Said to Weigh Sale of $1 Billion Reefer Container Unit

By Vinicy Chan, Christian Wienberg and Aaron Kirchfeld (Bloomberg) — A.P. Moller-Maersk A/S is considering a sale of its refrigerated container business as demand for the cold storage units surges during...

March 10, 2021
Total Views: 11108

Thursday, February 25, 2021
Shipbuilding

Leidos to Acquire Famed Naval Architecture Firm Gibbs & Cox for $380 Million

Defense contractor Leidos (NYSE: LDOS) has announced a definitive agreement to acquire U.S.-based naval architecture firm Gibbs & Cox for $380 million in cash. The acquisition was revealed this week...

February 25, 2021
Total Views: 3153

Monday, February 22, 2021
lng carrier
Shipping

GasLog to Go Private in Merger Deal with BlackRock

Greece-based LNG shipping company GasLog (NYSE: GLOG) has entered into an agreement to merge with a unit of the world’s largest asset management firm BlackRock, resulting in the NYSE-listed company...

February 22, 2021
Total Views: 1864

Friday, February 19, 2021
Shipping

Crowley Integrates Naval Architecture Subsidiary Jensen Maritime Into Shipping Unit

Florida-based Crowley says it has fully integrated its naval architecture subsidiary Jensen Maritime into a new engineering services group under the Crowley umbrella. Crowley says the new group, named Crowley...

February 19, 2021
Total Views: 1884

Tuesday, January 5, 2021
containership
Shipping

Navios Maritime Partners and Navios Maritime Containers Seal Merger Deal

U.S.-listed Navios Maritime Partners L.P. (NYSE: NMM) and Navios Maritime Containers L.P. (NASDAQ: NMCI) have announced a definitive merger agreement in which Navios Partners will acquire all of the publicly...

January 5, 2021
Total Views: 837

Tuesday, December 29, 2020
world's largest cruise ship Symphony of the Seas
Shipbuilding

Deadline Looms for Italian-French Shipbuilding Deal

MILAN, Dec 29 (Reuters) – Italian shipbuilder Fincantieri’s planned acquisition of state-controlled French rival Chantiers de l’Atlantique to create a European “Airbus of the Seas” is facing collapse barring last-minute...

December 29, 2020
Total Views: 3715

Monday, December 7, 2020
oil tanker at sea
Shipping

NYSE-Listed SEACOR Holdings to Go Private in $1 Billion All-Cash Deal

Fort Lauderdale, Florida-based SEACOR Holdings has announced that it has entered into a definitive agreement to take the company private in a deal that values the company at approximately $1...

December 7, 2020
Total Views: 2650

Monday, November 30, 2020
offshore support vessels
Offshore

ADNOC in Talks to Buy Offshore Oil Services Firm Zakher Marine

By Nicolas Parasie (Bloomberg) — Abu Dhabi National Oil Co. is a potential contender to buy a local offshore oil-services firm that counts the state-owned crude producer among its major clients,...

November 30, 2020
Total Views: 4231

Monday, November 9, 2020
vlcc tanker
Maritime News

Ownership Shake-up at Tanker Pool Operator Heidmar

Heidmar Chief Executive Officer Pankaj Khanna has taken full control of the tanker pool management company from shipping billionaire George Economou. The company announced Monday that Mr. Pankaj Khanna has...

November 9, 2020
Total Views: 229

Friday, October 2, 2020
Maritime News

Noble Energy Shareholders Approve Chevron Takeover

HOUSTON, Oct 2 (Reuters) – Noble Energy shareholders on Friday approved a deal to sell the oil and gas producer to Chevron Corp, making Chevron the No. 2 U.S. shale...

October 2, 2020
Total Views: 30

Wednesday, September 23, 2020
cma cgm container ship
Maritime News

CMA CGM Spreads Its Wings with 30% Stake in French Airline Dubreuil Aero

PARIS, Sept 23 (Reuters) – Shipping group CMA CGM has agreed to buy a 30% stake in French airline company Groupe Dubreuil Aero as it continues to extend its presence...

September 23, 2020
Total Views: 15

Monday, August 10, 2020
keppel shipyard
Offshore

Temasek Unit Scraps $3 Billion Bid for Keppel

By Krystal Chia (Bloomberg) — Kyanite Investment Holdings, a unit of Singapore state-backed investor Temasek Holdings Pte, scrapped its bid to take control of Keppel Corp. after the oil-rig builder...

August 10, 2020
Total Views: 12

Friday, July 31, 2020
Maritime News

Temasek’s $3 Billion Bid for Keppel at Risk as Conglomerate Reports Big Loss

By Aradhana Aravindan and Anshuman Daga SINGAPORE, July 31 (Reuters) – Singaporean conglomerate Keppel Corp swung to a big second-quarter loss on Thursday that breaches a threshold in state investor...

July 31, 2020
Total Views: 136

Wednesday, July 22, 2020
Maritime News

Huntington Ingalls Makes Strategic Investment in Autonomous Technology Company Sea Machines

Boston-based Sea Machines says it has raised $15 million in funding with significant participation from Huntington Ingalls Industries (HII), America’s leading military shipbuilder. Founded in 2015, Sea Machines has become...

July 22, 2020
Total Views: 48

Tuesday, July 21, 2020
container shipping
Maritime News

Wilhelmsen Ship Management Acquires 50% Stake in Ahrenkiel Steamship

Wilhelmsen Ship Management has teamed up with Hamburg-based investment firm MPC Capital by acquiring a 50% stake in Ahrenkiel Steamship, a MPC Capital subsidiary. Once finalized, the joint venture will...

July 21, 2020
Total Views: 74

offshore rig
Offshore

Chevron’s $5 Billion Deal for Noble Ends Deal Drought

By Arathy S Nair July 21 (Reuters) – Chevron Corp’s surprise $5 billion all-stock deal for oil producer Noble Energy should spell the end of this year’s deal drought, setting...

July 21, 2020
Total Views: 13

Thursday, July 9, 2020
Cruise Ships

TUI Completes Sale of Hapag-Lloyd Cruises to Joint Venture

Germany-based TUI Group has completed the sale of its subsidiary Hapag-Lloyd Cruises to TUI Cruises, a joint venture which TUI has with Royal Caribbean. TUI Group agreed to the sale...

July 9, 2020
Total Views: 44