Italy’s Saipem to Consider Combining With Rival Subsea 7
By Ed Hammond, Daniele Lepido and Dinesh Nair (Bloomberg) –Saipem SpA is considering a combination with rival Subsea 7 SA in what could rank as one of
By Ed Hammond, Daniele Lepido and Dinesh Nair (Bloomberg) –Saipem SpA is considering a combination with rival Subsea 7 SA in what could rank as one of
By Kelly Gilblom (Bloomberg) — Royal Dutch Shell Plc has agreed to buy French offshore wind developer Eolfi SA, continuing its expansion into renewable
The Norwegian Competition Authority has rejected the proposed mega-merger of accommodation vessel operators Prosafe and Floatel on the grounds that the merger
By David Ramli (Bloomberg) –Singapore’s Temasek Holdings Pte plans to take control of Keppel Corp. for about S$4 billion ($3 billion) and undertake a
Global investment firm The Carlyle Group (NASDAQ: CG) and private equity firm Stellex Capital Management today announced they have closed on their acquisition
Top management of US-based salvage and offshore decommissioning company Ardent will buy-out the company from founding partners Svitzer and Crowley after
By Andy Hoffman (Bloomberg) — Commodities trader Trafigura Group Pte Ltd.’s big bet on shipping paid off as it agreed on a tanker sale that will give
NASDAQ-listed shipowner DryShips has entered into a definitive agreement to sell all outstanding shares of the company to a holding company controlled by
Royal Boskalis Westminster has completed the sale of Dutch towing company Kotug Smit Towage to Spain-based Boluda Group. Boskalis was co-shareholder of Kotug
Portland, Oregon-based Vigor Industrials is being acquired by global investment firm The Carlyle Group and private equity firm Stellex Capital Management. As
By Archana Narayanan and Alaa Shahine (Bloomberg) –DP World Plc is hiring banks to raise about $1 billion of bonds to finance the acquisition of Topaz
Dubai-based port operator DP World has acquired 100 percent of offshore services provider Topaz Energy and Marine for a purchase price of more than $1 billion.
By Jennifer Hiller HOUSTON, April 24 (Reuters) – Oil and gas producer Occidental Petroleum Corp on Wednesday made a $57 billion bid for Anadarko
By John Benny and Jennifer Hiller April 12 (Reuters) – Chevron Corp on Friday said it will buy Anadarko Petroleum Corp for $33 billion in cash and
By Mike Wackett (The Loadstar) – MacAndrews has become the latest iconic shipping name to be consigned to the history books. CMA CGM has lost no time in
Norwegian technology group Kongsberg Gruppen announced on Monday it has completed its acquisition of Rolls-Royce Commercial Marine (RRCM). Officially part of
Shipping company BW Group announced today it has acquired a majority stake in LPG shipowner Epic Gas and has launched an unconditional offer to acquire the
A.P. Moller-Maersk has acquired US-based Customs House Broker, Vandegrift Inc., underscoring the shipping giant’s focus on the logistics sector in 2019.
PARIS, Feb 12 (Reuters) – CMA CGM is aiming for Ceva Logistics to break even this year, its finance chief said on Tuesday, as the French shipping group
Houston-based Kirby Corporation has announced a definitive agreement to acquire the marine transportation fleet of Houma-based Cenac Marine Services for
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