mergers and acquisitions


Monday, July 9, 2018
Hapag-Lloyd Container-ship BOSTON EXPRESS
News

CMA CGM Explored Possible Merger Hapag-Lloyd, Sources Say

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

July 9, 2018
Total Views: 75

Sunday, July 8, 2018
oocl containership
News

Pledging to Sell Long Beach Terminal, COSCO Clears U.S. Hurdle on OOCL Deal

By Bloomberg News (Bloomberg) — Cosco Shipping Holdings Co. pledged to sell a container terminal in California, helping allay concerns of U.S.

July 8, 2018
Total Views: 235

Friday, July 6, 2018
autonomous containership
Shipping News

Kongsberg to Acquire Rolls-Royce’s Commercial Marine Business

Norwegian technology group Kongsberg has entered into an agreement to acquire Rolls-Royce’s struggling commercial marine business in a GBP 500 million

July 6, 2018
Total Views: 150

Wednesday, June 20, 2018
CMA CGM to Acquire European Shortsea Specialist Containerships
News

CMA CGM to Acquire European Shortsea Specialist Containerships

French shipping group CMA CGM has signed to acquire Finland’s Containerships from Container Finance Ltd Oy. Containerships specializes in the

June 20, 2018
Total Views: 75

Monday, June 18, 2018
inmarsat london headquarters
News

EchoStar Considering Raising Offer for Inmarsat -Source

By Dinesh Nair, Manuel Baigorri and Scott Moritz (Bloomberg) — EchoStar Corp. is considering raising its offer for rival Inmarsat Plc after its initial

June 18, 2018
Total Views: 35

Wednesday, June 13, 2018
Towing vessel pushing barges
Shipping News

U.S. Barge Operator Tidewater Reportedly Put Up for Sale

By Gillian Tan (Bloomberg) — Stonepeak Infrastructure Partners, a $15 billion firm led by former Blackstone Group LP dealmakers, is seeking to sell barge

June 13, 2018
Total Views: 91

Investors Nervous as Doubts Raised Over COSCO Takeover of OOCL
Shipping News

Investors Nervous as Doubts Raised Over COSCO Takeover of OOCL

By Mike Wackett (The Loadstar) – COSCO’s $6.3bn takeover of Orient Overseas International (OOIL), parent of container line OOCL, is now in doubt,

June 13, 2018
Total Views: 133

Tuesday, June 12, 2018
Shipping News

Euronav Becomes World’s Largest Independent Tanker Company as Merger with Gener8 Maritime Closes

Belgian tanker company Euronav has completed its merger with former rival Gener8 Maritime following approval from Gener8’s shareholders on Monday. The merger

June 12, 2018
Total Views: 204

Friday, June 8, 2018
inmarsat london headquarters
Shipping News

Inmarsat Rejects Lowball Takeover Bid from EchoStar

By Nick Turner (Bloomberg) — Inmarsat Plc rebuffed a takeover proposal from EchoStar Corp., saying the bid undervalued the British satellite company and

June 8, 2018
Total Views: 44

Tuesday, May 29, 2018
BW LPG Makes $1.1 Billion Offer to Buy Dorian LPG
Shipping News

BW LPG Makes $1.1 Billion Offer to Buy Dorian LPG

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

May 29, 2018
Total Views: 197

Monday, April 30, 2018
Marathon oil texas city refinery. Photo: Marathon Petroleum
Offshore

Marathon to Become Top U.S. Refiner with $23 Billion Acquisition of Andeavor

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

April 30, 2018
Total Views: 124

Monday, April 23, 2018
Subsea 7 stock photo
Offshore

Subsea 7 Makes $2 Billion Hostile Bid to Break Up McDermott’s U.S. Deal

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.

April 23, 2018
Total Views: 130

Thursday, April 12, 2018
News

DFDS Agrees to Buy U.N. Ro-Ro for $1.2 Billion

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

April 12, 2018
Total Views: 58

Tuesday, April 3, 2018
oocl containership
Shipping News

COSCO Shipping’s Takeover of OOCL to Close by End-June, Vice Chairman Says

By Brenda Goh SHANGHAI, April 3 (Reuters) – COSCO Shipping’s planned acquisition of Orient Overseas Container Line (OOCL) is on track to be

April 3, 2018
Total Views: 113

Thursday, March 1, 2018
siem offshore contractors vessels
News

Subsea 7 to Acquire Siem Offshore Contractors and Two Vessels

Luxembourg-based marine engineering contractor Subsea 7 S.A. has signed an agreement to acquire Siem Offshore Contractors and two vessels, expanding Subsea

March 1, 2018
Total Views: 146

Monday, February 12, 2018
Maersk line and Hamburg sud
Shipping News

Two Decades of Liner Shipping Consolidation Has ‘Destroyed’ Shareholder Value, Says Report

By Mike Wackett (The Loadstar) – A new report estimates that over the past 21 years the container industry has “destroyed” about $110bn of

February 12, 2018
Total Views: 146

Monday, February 5, 2018
Kirby Acquires higman marine
Shipping News

Kirby to Acquire Tank Barge Shipping Company Higman Marine for $419 Million

Houston-based Kirby Corporation (NYSE: KEX) on Monday announced it has signed a definitive agreement to acquire inland tank barge shipping company Higman

February 5, 2018
Total Views: 217

Thursday, December 21, 2017
Wärtsilä to Acquire Underwater Ship Repairer Trident BV
Shipping News

Wärtsilä to Acquire Underwater Ship Repairer Trident BV

Finnish technology group Wärtsilä has announced its intention to acquire Trident B.V., a Netherlands-based company specializing in underwater ship

December 21, 2017
Total Views: 69

Monday, December 11, 2017
Mercosul line brazil cma cgm
News

CMA CGM Completes Acquisition of Brazilian Cabotage Carrier Mercosul Line

CMA CGM has completed its acquisition of Mercosul Line, one of the leading carriers in Brazil’s domestic container shipping market. CMA CGM on Monday

December 11, 2017
Total Views: 122

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: 460