Tuesday, August 19, 2014
Maritime News

Star Bulk Acquires 34 Vessels from Excel Maritime

International dry bulk shipping company Star Bulk announced Tuesday an agreement to acquire 34 vessels from troubled shipowner Excel Maritime Carriers.

August 19, 2014
Total Views: 43

Friday, July 25, 2014
Maritime News

Hamburg Süd to Acquire CCNI in $160 Million Deal

German container shipper Hamburg Süd announced today it has reached an agreement with Compañía Chilena de Navegación Interoceánica S.A. (CCNI) to acquire their container shipping business.

July 25, 2014
Total Views: 8

Monday, April 7, 2014

Saltchuk Acquires Tropical Shipping for $220 Million

A subsidiary of Seattle-based Saltchuk Resources, one of the nation’s leading transportation and petroleum distribution companies, has entered into a binding purchase and sale agreement to acquire Tropical Shipping, a...

April 7, 2014
Total Views: 14

Maritime News

Alfa Laval Buys Norwegian Pump Maker Frank Mohn for $2.2 Billion

By Andrew Noel and Veronica Ek April 7 (Bloomberg) — Alfa Laval AB agreed to buy Norwegian pumpmaker Frank Mohn AS, the manufacturer of Framo pumps, for 13 billion kroner ($2.2 billion) to...

April 7, 2014
Total Views: 10

Monday, February 24, 2014
Maritime News

Australia’s Mermaid Marine to Buy Jaya Offshore Business

Australian marine logistics firm Mermaid Marine Australia Ltd said on Tuesday it had agreed to buy the offshore businesses of Singapore's Jaya Holdings Ltd for A$550 million ($495.96 million) in cash to expand its international portfolio.

February 24, 2014
Total Views: 10