mergers and acquisitions


Thursday, November 30, 2017
Maersk line and Hamburg sud
Shipping News

Maersk Line Completes Hamburg Süd Acquisition

Danish shipping giant Maersk says it has completed its acquisition of German rival Hamburg Süd in a deal valued at approximately $4 billion. The close of the

November 30, 2017
Total Views: 429

Tuesday, November 21, 2017
offshore oil platform
News

Gulf of Mexico Oil Companies Talos and Stone Energy Planning $2.5 Billion Merger

NEW YORK, Nov 21 (Reuters) – Talos Energy LLC and Stone Energy Corp, two U.S. exploration and production companies focused on the Gulf of Mexico,

November 21, 2017
Total Views: 69

Monday, November 13, 2017
An LNG carrier at night
Shipping News

Birth of Another LNG Giant Shows Majors’ Edge Over Traders

By Anna Shiryaevskaya and Francois de Beaupuy (Bloomberg) — Total SA’s billion-dollar deal to buy liquefied natural gas assets from Engie SA

November 13, 2017
Total Views: 58

Monday, October 2, 2017
CMA CGM to Acquire South Pacific Shipping Line SOFRANA Unilines
News

CMA CGM to Acquire South Pacific Shipping Line SOFRANA Unilines

French shipping company CMA CGM has announced an agreement to acquire a majority stake in SOFRANA Unilines, one of the key players in the South Pacific

October 2, 2017
Total Views: 143

Tuesday, August 22, 2017
Threat of Price War Clouds Horizon for Maersk Shipping Business
Shipping News

Threat of Price War Clouds Horizon for Maersk Shipping Business

By Jacob Gronholt-Pedersen COPENHAGEN, Aug 22 (Reuters) – A.P. Moller-Maersk has been fortified by the $7.5 billion sale of its oil and gas business to

August 22, 2017
Total Views: 17

Monday, August 21, 2017
Maersk oil total
News

Total Deepens North Sea Exposure with $7.5 Billion Maersk Oil Deal

By Bate Felix and Jacob Gronholt-Pedersen PARIS/COPENHAGEN, Aug 21 (Reuters) – Total is buying Maersk’s oil and gas business in a $7.45 billion

August 21, 2017
Total Views: 51

Tuesday, August 15, 2017
songa offshore
News

Transocean to Buy Norwegian Rig Firm Songa Offshore for $1.1 Billion

By Terje Solsvik OSLO, Aug 15 (Reuters) – Transocean, one of the world’s biggest drilling rig operators, has agreed to buy Norwegian competitor

August 15, 2017
Total Views: 68

Monday, July 10, 2017
cosco developement
Interesting

COSCO Shipping to Buy OOCL for $6.3 Billion

By Brenda Goh and Matthew Miller SHANGHAI/BEIJING, July 9 (Reuters) – COSCO Shipping Holdings Co Ltd has offered to buy Orient Overseas International Ltd

July 10, 2017
Total Views: 200

Wednesday, June 21, 2017
Evergreen Looks Single and Happy in Container Shipping Love-Fest
Shipping News

Evergreen Looks Single and Happy in Container Shipping Love-Fest

By David Fickling (Bloomberg Gadfly) — While wedding bells have been ringing out across the global shipping industry, Taiwan’s biggest container

June 21, 2017
Total Views: 132

Tuesday, June 13, 2017
CMA CGM to Acquire Brazilian Shipping Line Mercosul from Maersk
News

CMA CGM to Acquire Brazilian Shipping Line Mercosul from Maersk

French shipping company CMA CGM says it has reached a binding agreement with Danish rival Maersk to acquire Mercosul Line, one of the leading carriers in

June 13, 2017
Total Views: 71

Friday, June 2, 2017
News

Teekay Tankers Set to Become World’s Largest Public Mid-Sized Tanker Company with TIL Acquisition

NYSE-listed Teekay Tankers (TNK) announced it has agreed to acquire all remaining and outstanding shares of Oslo-listed Tanker Investments (TIL) in a

June 2, 2017
Total Views: 37

Tuesday, May 23, 2017
Gulf Bidders Emerge for UASC-Linked Shipping Unit -Sources
Shipping News

Gulf Bidders Emerge for UASC-Linked Shipping Unit -Sources

By Jonathan Saul and Tom Arnold LONDON/DUBAI, May 23 (Reuters) – Gulf-based bidders have emerged for the part-owned subsidiary of United Arab Shipping

May 23, 2017
Total Views: 27

Friday, May 19, 2017
stx france
News

Fincantieri Signs Deal to Acquire Majority Stake in STX France

Italian shipbuilding group Fincantieri on Friday signed an agreement to acquire a majority stake in STX France, operator of the 150-year-old shipyard in

May 19, 2017
Total Views: 55

Thursday, May 4, 2017
Maersk Reveals Changes to Hamburg Süd Executive Board Post Takeover
News

Maersk Reveals Changes to Hamburg Süd Executive Board Post Takeover

By Mike Wackett (The Loadstar) – Maersk Line is wasting no time in putting its blue stamp on the executive board of soon-to-be acquired Hamburg Süd, but

May 4, 2017
Total Views: 64

nyk line
Shipping News

Japanese Shipping Lines Caught Off Guard as U.S. Rejects Merger Plan

By Mike Wackett (The Loadstar) – The US Federal Maritime Commission (FMC) has rejected the merger of the container businesses of K Line, MOL and NYK on

May 4, 2017
Total Views: 78

Friday, April 28, 2017
Maersk Line to Pay $4 Billion for Hamburg Süd
News

Maersk Line to Pay $4 Billion for Hamburg Süd

COPENHAGEN, April 28 (Reuters) – The world’s biggest container shipping company Maersk Line will pay 3.7 billion euros ($4.02 billion) for its

April 28, 2017
Total Views: 47

Thursday, April 27, 2017
News

Frontline Takes Legal Battle Over DHT to Marshall Islands

OSLO, April 27 (Reuters) – John Fredriksen’s Frontline is switching its legal battle for control of tanker operator DHT Holdings from New York to

April 27, 2017
Total Views: 94

Wednesday, April 26, 2017
frontline tanker
News

Frontline Launches New Offer for Rival DHT

OSLO, April 26 (Reuters) – Frontline has made a fifth offer for tanker operator DHT Holdings and given its rival 24 hours to reconsider a deal which

April 26, 2017
Total Views: 35

Thursday, April 20, 2017
BW Utik vlcc supertanker tanker
Shipping News

U.S. Court Rejects Frontline’s Last-minute Bid to Stop BW-DHT Deal

OSLO, April 20 (Reuters) – A U.S. court has rejected a last-minute effort by billionaire investor John Fredriksen’s Frontline to prevent BW Group

April 20, 2017
Total Views: 82

Tuesday, April 11, 2017
Keppel Verolme shipyard
News

Damen to Buy Keppel Verolme Shipyard at Port of Rotterdam

Damen Shipyards Group has entered into an agreement with Keppel Offshore & Marine for the acquisition of the Keppel Verolme shipyard in the Rotterdam. With

April 11, 2017
Total Views: 298