Thursday, January 13, 2022
daewoo shipbuilding
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
Shipping

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
Shipping

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
Offshore

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
Shipping

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
Shipping

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
Shipping

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
Finance

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

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
Shipping

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
Shipping

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
Shipping

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
Ports

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
Shipping

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
Ports

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
Finance

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
Finance

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
Shipping

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
Shipping

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