mergers and acquisitions


Wednesday, September 5, 2018
Viking to Acquire Free-Fall Lifeboat Maker Norsafe
Shipping News

Viking to Acquire Free-Fall Lifeboat Maker Norsafe

Danish maritime safety equipment company VIKING Life-Saving Equipment announced today it has acquired Norwegian lifeboat-builder Norsafe.  Established in

September 5, 2018
Total Views: 190

Tuesday, September 4, 2018
Offshore

Transocean to Acquire Ocean Rig in $2.9 Billion Deal

By Will Wade and Simon Casey (Bloomberg) — Transocean Ltd., the world’s largest offshore drilling company, agreed to buy a smaller rival in a $2.9

September 4, 2018
Total Views: 83

Wednesday, August 8, 2018
DP World Acquires European Logistics Firm Unifeeder for 660 Million Euros
News

DP World Acquires European Logistics Firm Unifeeder for 660 Million Euros

Some big news this week from one of the world’s top port operators and self-proclaimed global trade enabler. On Tuesday, Dubai-based DP World announced

August 8, 2018
Total Views: 59

Monday, August 6, 2018
Gulfmark Offshore Receives Unsolicited Merger Offer from Harvey Gulf, Throwing Wrench in Planned Tidewater Deal
Shipping News

Gulfmark Offshore Receives Unsolicited Merger Offer from Harvey Gulf, Throwing Wrench in Planned Tidewater Deal

Houston-based GulfMark Offshore (NYSE:GLF) today confirmed that it has received a non-binding, unsolicited proposal from competitor Harvey Gulf International

August 6, 2018
Total Views: 117

Monday, July 16, 2018
tidewater guidery tide ahts
Interesting

Tidewater and Gulfmark to Merge, Creating Offshore Supply Vessel Leader

U.S.-based offshore supply vessel companies Tidewater (NYSE: TDW) and GulfMark Offshore (NYSE: GLF) announced Monday that their respective Boards of Directors

July 16, 2018
Total Views: 300

Wednesday, July 11, 2018
A hapag-lloyd ship at dock
gCaptain

Hapag-Lloyd Investor Confirms Approach from CMA CGM, Says Takeover Should Go Other Way Around

By Mike Wackett (The Loadstar) – One of Hapag-Lloyd’s largest shareholders has brushed off an approach by CMA CGM for merger talks. Any such deal

July 11, 2018
Total Views: 45

Monday, July 9, 2018
dorian lpg tanker
News

BW LPG Increases Takeover Offer for Rival Dorian LPG

The raised offer comes after Dorian LPG’s Board declined BW LPG’s initial unsolicited offer on May 29, saying the offer undervalued Dorian’s

July 9, 2018
Total Views: 61

Hapag-Lloyd Container-ship BOSTON EXPRESS
News

CMA CGM Explored Possible Merger Hapag-Lloyd, Sources Say

By Jonathan Saul and Arno Schuetze LONDON/FRANKFURT, July 9 (Reuters) – The world’s no. 3 container shipping line, CMA CGM of France, has made an

July 9, 2018
Total Views: 62

Sunday, July 8, 2018
oocl containership
News

Pledging to Sell Long Beach Terminal, COSCO Clears U.S. Hurdle on OOCL Deal

By Bloomberg News (Bloomberg) — Cosco Shipping Holdings Co. pledged to sell a container terminal in California, helping allay concerns of U.S.

July 8, 2018
Total Views: 178

Friday, July 6, 2018
autonomous containership
Shipping News

Kongsberg to Acquire Rolls-Royce’s Commercial Marine Business

Norwegian technology group Kongsberg has entered into an agreement to acquire Rolls-Royce’s struggling commercial marine business in a GBP 500 million

July 6, 2018
Total Views: 130

Wednesday, June 20, 2018
CMA CGM to Acquire European Shortsea Specialist Containerships
News

CMA CGM to Acquire European Shortsea Specialist Containerships

French shipping group CMA CGM has signed to acquire Finland’s Containerships from Container Finance Ltd Oy. Containerships specializes in the

June 20, 2018
Total Views: 57

Monday, June 18, 2018
inmarsat london headquarters
News

EchoStar Considering Raising Offer for Inmarsat -Source

By Dinesh Nair, Manuel Baigorri and Scott Moritz (Bloomberg) — EchoStar Corp. is considering raising its offer for rival Inmarsat Plc after its initial

June 18, 2018
Total Views: 23

Wednesday, June 13, 2018
Towing vessel pushing barges
Shipping News

U.S. Barge Operator Tidewater Reportedly Put Up for Sale

By Gillian Tan (Bloomberg) — Stonepeak Infrastructure Partners, a $15 billion firm led by former Blackstone Group LP dealmakers, is seeking to sell barge

June 13, 2018
Total Views: 66

Investors Nervous as Doubts Raised Over COSCO Takeover of OOCL
Shipping News

Investors Nervous as Doubts Raised Over COSCO Takeover of OOCL

By Mike Wackett (The Loadstar) – COSCO’s $6.3bn takeover of Orient Overseas International (OOIL), parent of container line OOCL, is now in doubt,

June 13, 2018
Total Views: 112

Tuesday, June 12, 2018
Shipping News

Euronav Becomes World’s Largest Independent Tanker Company as Merger with Gener8 Maritime Closes

Belgian tanker company Euronav has completed its merger with former rival Gener8 Maritime following approval from Gener8’s shareholders on Monday. The merger

June 12, 2018
Total Views: 178

Friday, June 8, 2018
inmarsat london headquarters
Shipping News

Inmarsat Rejects Lowball Takeover Bid from EchoStar

By Nick Turner (Bloomberg) — Inmarsat Plc rebuffed a takeover proposal from EchoStar Corp., saying the bid undervalued the British satellite company and

June 8, 2018
Total Views: 29

Tuesday, May 29, 2018
BW LPG Makes $1.1 Billion Offer to Buy Dorian LPG
Shipping News

BW LPG Makes $1.1 Billion Offer to Buy Dorian LPG

OSLO, May 29 (Reuters) – The world’s largest liquid petroleum gas (LPG) shipper, Norway’s BW LPG, is offering to buy competitor Dorian LPG in

May 29, 2018
Total Views: 175

Monday, April 30, 2018
Marathon oil texas city refinery. Photo: Marathon Petroleum
Offshore

Marathon to Become Top U.S. Refiner with $23 Billion Acquisition of Andeavor

By John Benny – April 30 (Reuters) – Marathon Petroleum Corp agreed to buy rival Andeavor for more than $23 billion in a deal creating one of

April 30, 2018
Total Views: 89

Monday, April 23, 2018
Subsea 7 stock photo
Offshore

Subsea 7 Makes $2 Billion Hostile Bid to Break Up McDermott’s U.S. Deal

By Nerijus Adomaitis OSLO, April 23 (Reuters) – Offshore oil services firm Subsea 7 has made an unsolicited offer worth about $2 billion for U.S.

April 23, 2018
Total Views: 109

Thursday, April 12, 2018
News

DFDS Agrees to Buy U.N. Ro-Ro for $1.2 Billion

By Teis Jensen COPENHAGEN, April 12 (Reuters) – Danish shipping and logistics company DFDS has agreed to buy Turkish freight shipping operator U.N. Ro-Ro

April 12, 2018
Total Views: 45