mergers and acquisitions


Monday, April 10, 2017
Maersk Wins EU Approval for Hamburg Süd Takeover
News

Maersk Wins EU Approval for Hamburg Süd Takeover

BRUSSELS, April 10 (Reuters) – World No. 1 shipping company Maersk Line gained EU antitrust approval on Monday for its acquisition of Hamburg Sud (HSDG)

April 10, 2017
Total Views: 22

Friday, April 7, 2017
Eugen Maersk ship
News

EU Regulators Said to Clear Maersk, Hamburg Sud Tie-Up

By Foo Yun Chee BRUSSELS, April 7 (Reuters) – World No. 1 shipping company Maersk Line is set to win EU antitrust approval for its acquisition of Hamburg

April 7, 2017
Total Views: 29

Tuesday, March 28, 2017
Hapag Lloyd-UASC Merger Hits Snag Over Ownership Share, Sources Say
Shipping News

Hapag Lloyd-UASC Merger Hits Snag Over Ownership Share, Sources Say

By Jonathan Saul and Arno Schuetze LONDON/FRANKFURT, March 28 (Reuters) – A merger of Hapag-Lloyd and United Arab Shipping Company (UASC) has hit a snag,

March 28, 2017
Total Views: 44

Friday, March 24, 2017
Shipping News

Signed Plans to Merge Norway’s Solstad, Farstad, and Deep Sea Supply

Norwegian offshore supply vessel companies Solstad Offshore, Farstad Shipping, and Deep Sea Supply are forging ahead with plans to combine operations with the

March 24, 2017
Total Views: 92

Monday, March 20, 2017
Borr Drilling to Buy Transocean’s Jack-Up Fleet for $1.4 Billion
News

Borr Drilling to Buy Transocean’s Jack-Up Fleet for $1.4 Billion

Newly established Borr Drilling has announced plans to scoop up Transocean’s entire fleet of high specification jack-up rigs in a deal worth nearly $1.4

March 20, 2017
Total Views: 171

Tuesday, February 21, 2017
EU Regulators to Rule on Maersk, Hamburg Sud Deal Next Month
News

EU Regulators to Rule on Maersk, Hamburg Sud Deal Next Month

BRUSSELS, Feb 21 (Reuters) – EU antitrust regulators will decide by March 27 whether to clear world No. 1 shipping company Maersk Line’s bid for

February 21, 2017
Total Views: 23

Tuesday, February 14, 2017
MSC Says in Talks to Buy Stake in Italy’s Ignazio Messina
News

MSC Says in Talks to Buy Stake in Italy’s Ignazio Messina

LONDON, Feb 14 (Reuters) – The world’s no. 2 container line Mediterranean Shipping Company (MSC) is in talks to acquire a stake in smaller Italian

February 14, 2017
Total Views: 73

Monday, February 6, 2017
Norway’s Farstad, Solstad, and Deep Sea Supply to Merge, Creating Offshore Supply Vessel Giant
Interesting

Norway’s Farstad, Solstad, and Deep Sea Supply to Merge, Creating Offshore Supply Vessel Giant

By Gwladys Fouche and Jonathan Saul OSLO/LONDON, Feb 6 (Reuters) – The pace of consolidation in the crisis-hit shipping industry accelerated on Monday

February 6, 2017
Total Views: 319

dht ann vlcc supertanker
News

Tanker Firm DHT ‘Unanimously’ Rejects Frontline Takeover Offer

By Gwladys Fouche OSLO, Feb 6 (Reuters) – Tanker firm DHT Holdings unanimously rejected late on Sunday the proposed deal by rival Frontline, controlled

February 6, 2017
Total Views: 12

Tuesday, January 31, 2017
dht ann vlcc supertanker
News

DHT Tankers Says Value Above Frontline’s Bid

OSLO, Jan 31 (Reuters) – Tanker firm DHT Holdings estimated its net asset value at $5.7 per share on Tuesday, above a non-binding all-share offer made by

January 31, 2017
Total Views: 75

Monday, January 30, 2017
frontline tanker
News

Fredriksen’s Frontline Launches Offer for DHT Holdings

John Fredriksen’s Frontline Ltd made a non-binding proposal over the weekend where Frontline would acquire all outstanding shares of common stock of

January 30, 2017
Total Views: 62

Friday, January 20, 2017
Orient Overseas Says It’s Not Aware of Any Bids for OOCL
Shipping News

Orient Overseas Says It’s Not Aware of Any Bids for OOCL

SHANGHAI, Jan 20 (Reuters) – Hong Kong-listed shipper Orient Overseas International Ltd said on Friday it had not received any bids for its subsidiary

January 20, 2017
Total Views: 75

Friday, January 13, 2017
CMA CGM and Cosco Seen as Most Likely Takers for OOCL
News

CMA CGM and Cosco Seen as Most Likely Takers for OOCL

By Gavin van Marle (The Loadstar) – CMA CGM and China Cosco are the two most likely carriers to buy OOCL, should its main shareholders decide to sell the

January 13, 2017
Total Views: 84

Tuesday, December 27, 2016
stx france
News

Fincantieri Emerges as Sole Bidder for STX France -Sources

MILAN/SEOUL, Dec 27 (Reuters) – Italian shipbuilding and construction group Fincantieri SpA is the only bidder for shipping group STX France, a source

December 27, 2016
Total Views: 90

Tuesday, December 13, 2016
Hamburg Süd Deal to Help Compensate for Maersk Energy Spin-off
News

Hamburg Süd Deal to Help Compensate for Maersk Energy Spin-off

By Jacob Gronholt-Pedersen COPENHAGEN, Dec 13 (Reuters) – The acquisition of German shipping company Hamburg Süd will replace some 60 percent of revenue

December 13, 2016
Total Views: 74

Thursday, December 1, 2016
hamburg sud
Interesting

Maersk Buys German Rival Hamburg Süd

By Jacob Gronholt-Pedersen COPENHAGEN, Dec 1 (Reuters) – Maersk Line, the world’s biggest shipping company, is to buy smaller rival Hamburg Süd,

December 1, 2016
Total Views: 136

Tuesday, November 29, 2016
Family-Owned Hamburg Süd May Be Coming Up for Sale
News

Family-Owned Hamburg Süd May Be Coming Up for Sale

By Mike Wackett (The Loadstar) – Shipping circles in Hamburg are abuzz with speculation that the Oetker family will announce this week that it intends to

November 29, 2016
Total Views: 75

Friday, November 18, 2016
CMA CGM Containership. Photo credit: CMA CGM
News

CMA CGM Stays in Red, Pays Back NOL Takeover Loan

PARIS, Nov 18 (Reuters) – CMA CGM, the world’s third-largest container shipping company, posted on Friday another net loss in the third quarter as

November 18, 2016
Total Views: 925

Tuesday, November 15, 2016
A hapag-lloyd ship at dock
Shipping News

Hapag-Lloyd Seen Winning Conditional EU Approval for UASC Deal

By Foo Yun Chee Nov 15 (Reuters) – German container shipping line Hapag-Lloyd is set to secure EU antitrust approval for its merger with United Arab

November 15, 2016
Total Views: 17

Monday, November 14, 2016
Fincantieri Launches Offer for Remaining Vard Shares
News

Fincantieri Launches Offer for Remaining Vard Shares

Italian shipbuilding group Fincantieri has made a conditional offer for the remaining shares of Vard Holdings with a plan to take the company private.

November 14, 2016
Total Views: 57