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
Danish maritime safety equipment company VIKING Life-Saving Equipment announced today it has acquired Norwegian lifeboat-builder Norsafe. Established in
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
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
Houston-based GulfMark Offshore (NYSE:GLF) today confirmed that it has received a non-binding, unsolicited proposal from competitor Harvey Gulf International
U.S.-based offshore supply vessel companies Tidewater (NYSE: TDW) and GulfMark Offshore (NYSE: GLF) announced Monday that their respective Boards of Directors
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
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
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
By Bloomberg News (Bloomberg) — Cosco Shipping Holdings Co. pledged to sell a container terminal in California, helping allay concerns of U.S.
Norwegian technology group Kongsberg has entered into an agreement to acquire Rolls-Royce’s struggling commercial marine business in a GBP 500 million
French shipping group CMA CGM has signed to acquire Finland’s Containerships from Container Finance Ltd Oy. Containerships specializes in the
By Dinesh Nair, Manuel Baigorri and Scott Moritz (Bloomberg) — EchoStar Corp. is considering raising its offer for rival Inmarsat Plc after its initial
By Gillian Tan (Bloomberg) — Stonepeak Infrastructure Partners, a $15 billion firm led by former Blackstone Group LP dealmakers, is seeking to sell barge
By Mike Wackett (The Loadstar) – COSCO’s $6.3bn takeover of Orient Overseas International (OOIL), parent of container line OOCL, is now in doubt,
Belgian tanker company Euronav has completed its merger with former rival Gener8 Maritime following approval from Gener8’s shareholders on Monday. The merger
By Nick Turner (Bloomberg) — Inmarsat Plc rebuffed a takeover proposal from EchoStar Corp., saying the bid undervalued the British satellite company and
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
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
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.
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
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