mergers and acquisitions

Lockheed Martin has agreed to acquire undersea warfare technology company Ultra Maritime from private equity firm Advent in a deal valued at $3.45 billion,

The CMA CGM Group has agreed to acquire FedEx Supply Chain from FedEx in a deal valued at $1.4 billion, significantly expanding

The overwhelming re-election of Genco Shipping & Trading’s board this week marked the latest chapter in a takeover battle that has pitted two of the

The takeover battle between two of the dry bulk shipping sector’s biggest names intensified Tuesday after Diana Shipping publicly blasted Genco Shipping

Dry bulk shipping takeover drama intensified Thursday as Diana Shipping Inc. raised its all-cash offer for Genco Shipping & Trading Limited to $24.80 per

Mediterranean Shipping Company is moving to take joint control of South Korea’s Sinokor Maritime, formalizing a relationship that has drawn growing attention

Ocean Network Express (ONE) is deepening its relationship with the world’s largest containership leasing platform, announcing plans to increase its ownership

Houston-based offshore vessel giant Tidewater Inc. is making a major push into Brazil, announcing a definitive agreement to acquire Wilson Sons Ultratug

Hapag-Lloyd has agreed to acquire ZIM Integrated Shipping Services for $4.2 billion in a deal that would cement its position among the world’s top five

Hapag-Lloyd AG is in advanced talks to acquire Israeli competitor Zim Integrated Shipping Services Ltd, the German company said on

Seattle-based Saltchuk has agreed to acquire Great Lakes Dredge & Dock, the largest dredging contractor in the United States, in a $1.5 billion all-cash deal

Transocean and Valaris have agreed to merge in an all-stock deal valued at about $5.8 billion, creating a $17 billion offshore drilling giant with a 73-rig

International Seaways, Inc. (NYSE: INSW) has acquired sole ownership of Tankers International, one of the world’s leading shipping pools, while

Magnet Defense has completed its acquisition of Louisiana-based shipbuilder Metal Shark, a move the company says will give it the production muscle needed to

Australia’s Foreign Investment Review Board has approved South Korean shipbuilder Hanwha Corporation to increase its direct equity shareholding in Austal

ZIM Integrated Shipping Services is navigating a complex strategic review that could reshape the Israeli container liner’s future, as its board evaluates

Two of the world’s most established mutual insurance providers serving the global shipping and logistics industries announced today they are exploring a

European ferry operator Stena Line is set to acquire Swedish-Finnish ferry service Wasaline, expanding its Baltic Sea operations to five routes while advancing

Moran Towing Corporation has acquired Bisso Towboat Co., Inc. in a strategic move to strengthen its presence in New Orleans and the lower Mississippi River

T. Parker Host (HOST) has announced the acquisition of Impala Terminals Burnside, a strategic bulk facility located at Mile Marker 169 on the East Bank of the