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mergers and acquisitions


Friday, January 3, 2025
Crowley's El Coqui moored
Shipping

Crowley Expands Pacific Northwest Harbor Services with Main Line Acquisition

Crowley has strengthened its position in Pacific Northwest maritime services through the strategic acquisition of Main Line Inc., a Seattle-based vessel

January 3, 2025
Total Views: 2085

Friday, December 20, 2024
Shipping

Kpler’s Spire Acquisition Sparks Antitrust Concerns in AIS Ship Tracking

French maritime data analytics platform Kpler wants to buy ship tracking company Spire Maritime, whose satellite data is a vital resource for oil traders

December 20, 2024
Total Views: 840

Hanwha Philly Shipyard building dock
Shipbuilding

Hanwha Completes $100M Acquisition of Philly Shipyard, Marking First Korean Shipbuilder in U.S.

South Korean conglomerate Hanwha Group has completed its $100 million acquisition of Philly Shipyard through its subsidiaries Hanwha Systems and Hanwha Ocean,

December 20, 2024
Total Views: 4842

Thursday, December 19, 2024
Shipbuilding

Spain’s Navantia Rescues Historic Shipyard Harland & Wolff from the Brink

Spanish state-held shipbuilder Navantia will acquire the shipyards of Britain's Harland & Wolff, the Belfast-based company best known for building the Titanic,

December 19, 2024
Total Views: 883

Friday, November 29, 2024
Ports

Hamburg’s Historic Port Looks to the Future with MSC Backing

A unit of the world’s largest shipping line, MSC Mediterranean Shipping Company, and the City of Hamburg have successfully completed their joint venture

November 29, 2024
Total Views: 857

Thursday, November 14, 2024
Shipping

Kpler Acquires Spire Maritime, Aiming to Dominate Vessel Tracking

Brussels-based Kpler has announced its acquisition of Spire Maritime, a leading provider of satellite-powered vessel tracking data. This strategic acquisition

November 14, 2024
Total Views: 481

Tuesday, October 29, 2024
Shipping

Scorpio Tankers Expands into VLCC Sector with DHT Holdings Investment

Scorpio Tankers Inc. (NYSE: STNG) has announced a strategic investment in DHT Holdings Inc. (NYSE: DHT), a leading player in the crude tanker market. During

October 29, 2024
Total Views: 765

Wednesday, October 23, 2024
Offshore

Transocean and Seadrill in Merger Talks Amid Deepwater Drilling Boom

By David Carnevali, Dinesh Nair and David Wethe (Bloomberg) — Transocean Ltd. is in talks to merge with rival offshore drilling contractor Seadrill

October 23, 2024
Total Views: 3241

Monday, October 21, 2024
Ports

MSC Snaps Up Brazilian Shipping Powerhouse in a $765M Deal

SAO PAULO/BENGALURU, Oct 21 (Reuters) – Investment holding company Ocean Wilsons OCN.L has agreed to sell its 56.47% stake in Brazilian unit Wilson

October 21, 2024
Total Views: 1691

Monday, October 7, 2024
General view of the Walney Extension offshore wind farm operated by Orsted off the coast of Blackpool, Britain.
Offshore

Equinor Acquires Stake in Ørsted, Becoming Second-Largest Shareholder

Norwegian energy giant Equinor ASA has made a significant move in the renewable energy sector by acquiring a 9.8% stake in Ørsted A/S, a leading offshore wind

October 7, 2024
Total Views: 754

Wednesday, September 25, 2024
Shipbuilding

Hanwha Abandons Austal Takeover Bid Amid Due Diligence Dispute

Korean conglomerate Hanwha has officially withdrawn its takeover bid for Australian defense shipbuilder Austal, citing insurmountable obstacles in conducting

September 25, 2024
Total Views: 1947

Monday, September 23, 2024
Shipping

Pangaea Logistics Expands Handy-Size Bulker Fleet in $295 Million Deal

Pangaea Logistics Solutions Ltd. (Nasdaq: PANL) has announced a definitive agreement to merge fifteen handy-size dry bulk vessels from Strategic Shipping Inc.

September 23, 2024
Total Views: 1047

Ports

CMA CGM Expands Global Reach: Acquires Stake in Brazil’s Largest Port Operator

CMA CGM, the French shipping and logistics group, has announced a significant expansion of its operations in South America, signing a definitive agreement to

September 23, 2024
Total Views: 597

Wednesday, September 11, 2024
Offshore

Seadrill Eyes Growth via Acquisitions

OSLO, Sept 11 (Reuters) – Offshore drilling contractor Seadrill is looking to buy more assets or create a larger player by merging with peers, the

September 11, 2024
Total Views: 1045

Friday, September 6, 2024
Offshore

Noble Corporation Completes $1.6 Billion Acquisition of Diamond Offshore Drilling

Noble Corporation plc (CSE: NOBLE, NYSE: NE) has finalized its $1.59 billion acquisition of Diamond Offshore Drilling, Inc., strengthening its position in the

September 6, 2024
Total Views: 1683

Thursday, August 15, 2024
Shipping

Avance Gas Sells VLGC Fleet to BW LPG for $1.05 Billion

Avance Gas Holding Ltd., a leading global operator in the transportation of liquefied petroleum gas (LPG), has agreed to sell its fleet of Very Large Gas

August 15, 2024
Total Views: 726

Thursday, August 1, 2024
Shipping

Crowley and SEACOR Launch Jones Act Tanker Company Fairwater Holdings

Crowley and SEACOR Holdings, through its subsidiary Seabulk Tankers, have successfully launched Fairwater Holdings, a new U.S. company combining the tanker

August 1, 2024
Total Views: 1765

Tuesday, July 30, 2024
Offshore oil and gas platform
Offshore

Viaro Energy Acquires Shell and ExxonMobil’s Southern North Sea Assets

Viaro Energy, a leading independent British energy company, has announced that its main operating subsidiary, RockRose Energy Limited, has signed an agreement

July 30, 2024
Total Views: 738

Friday, July 26, 2024
With the acquisition, Singapore-based Cyan Renewables set to become the Largest APAC Platform for Offshore Wind Energy Services.
Offshore

Cyan Renewables Acquires MMA Offshore for $702 Million

Cyan Renewables, Asia’s leading offshore wind services operator based in Singapore, today announced its acquisition of Australian offshore marine services

July 26, 2024
Total Views: 569

Monday, July 22, 2024
Shipping

Trafigura Group Expands High Heat Tanker Fleet

The Trafigura Group has successfully acquired Gearbulk’s 50 percent share in the joint venture company High Heat Tankers (HHT). The strategic move marks a

July 22, 2024
Total Views: 1190
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