mergers and acquisitions


Friday, November 15, 2019
saipem 12000
Offshore

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

November 15, 2019
Total Views: 58

Wednesday, November 6, 2019
offshore wind farm
Offshore

Shell to Buy French Offshore Wind-Power Developer

By Kelly Gilblom (Bloomberg) — Royal Dutch Shell Plc has agreed to buy French offshore wind developer Eolfi SA, continuing its expansion into renewable

November 6, 2019
Total Views: 52

Tuesday, October 29, 2019
Norway Rejects Accommodation Vessel Mega-Merger
Shipping News

Norway Rejects Accommodation Vessel Mega-Merger

The Norwegian Competition Authority has rejected the proposed mega-merger of accommodation vessel operators Prosafe and Floatel on the grounds that the merger

October 29, 2019
Total Views: 58

Monday, October 21, 2019
keppel shipyard
Shipping News

Keppel Receives Takeover Offer That Could Too Good to Pass Up

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

October 21, 2019
Total Views: 102

Tuesday, October 15, 2019
vigor industrial
Shipbuilding

Carlyle Completes Vigor, MHI Holdings Acquisition

Global investment firm The Carlyle Group (NASDAQ: CG) and private equity firm Stellex Capital Management today announced they have closed on their acquisition

October 15, 2019
Total Views: 297

Friday, September 20, 2019
kea trader salvage
Shipping News

Ardent Top Management to Buyout Partners Svitzer, Crowley

Top management of US-based salvage and offshore decommissioning company Ardent will buy-out the company from founding partners Svitzer and Crowley after

September 20, 2019
Total Views: 149

Friday, August 23, 2019
Stock photo shows an oil tanker at a terminal
Shipping News

Trafigura’s Big Bet on Shipping Pays Off With Frontline Deal

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

August 23, 2019
Total Views: 64

Tuesday, August 20, 2019
bulk carrier sunset
Shipping News

DryShips Agrees to Buyout Offer from Chairman and CEO

NASDAQ-listed shipowner DryShips has entered into a definitive agreement to sell all outstanding shares of the company to a holding company controlled by

August 20, 2019
Total Views: 45

Thursday, August 1, 2019
Boluda towing
Shipping News

Boskalis, Kotug Complete Sale of Kotug Smit Towage to Boluda

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

August 1, 2019
Total Views: 138

Thursday, July 25, 2019
vigor industrial
Shipping News

Portland-Based Vigor Industrial Acquired by Private Equity

Portland, Oregon-based Vigor Industrials is being acquired by global investment firm The Carlyle Group and private equity firm Stellex Capital Management. As

July 25, 2019
Total Views: 1215

Monday, July 8, 2019
offshore support vessels
Offshore

DP World Hires Banks for $1 Billion Bond

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

July 8, 2019
Total Views: 1131

Monday, July 1, 2019
Topaz Energy
Shipping News

DP World Acquires Topaz for $1 Billion

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.

July 1, 2019
Total Views: 66

Wednesday, April 24, 2019
offshore rig north sea
Offshore

Takeover Battle: Occidental Offers $57 Billion for Anadarko, Topping Chevron

By Jennifer Hiller HOUSTON, April 24 (Reuters) – Oil and gas producer Occidental Petroleum Corp on Wednesday made a $57 billion bid for Anadarko

April 24, 2019
Total Views: 63

Friday, April 12, 2019
lng carrier
Offshore

Chevron to Acquire Anadarko in $33 Billion Energy Mega-Merger

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

April 12, 2019
Total Views: 39

Friday, April 5, 2019
port of rotterdam
Shipping News

Iconic Shipping Brand MacAndrews Consigned to History Books After 249 Years

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

April 5, 2019
Total Views: 236

Monday, April 1, 2019
Kongsberg Completes Acquisition of Rolls-Royce Marine
Shipping News

Kongsberg Completes Acquisition of Rolls-Royce Marine

Norwegian technology group Kongsberg Gruppen announced on Monday it has completed its acquisition of Rolls-Royce Commercial Marine (RRCM). Officially part of

April 1, 2019
Total Views: 219

Tuesday, March 19, 2019
bw group tanker
Shipping News

BW Group Acquires Majority Stake in Epic Gas

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

March 19, 2019
Total Views: 117

Tuesday, February 12, 2019
Eleonora Maersk Los Angeles Record
Shipping News

Maersk Acquires U.S. Customs House Broker Vandegrift

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.

February 12, 2019
Total Views: 77

cma cgm container ship
Shipping News

CMA CGM Aims for Ceva Logistics Breakeven in 2019 as it Takes Control

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

February 12, 2019
Total Views: 65

Thursday, January 31, 2019
diane cenac
Shipping News

Kirby to Acquire Fleet of Cenac Marine Services for $244 Million

Houston-based Kirby Corporation has announced a definitive agreement to acquire the marine transportation fleet of Houma-based Cenac Marine Services for

January 31, 2019
Total Views: 104