Slumping Oil Threatens Shell-BG Deal
By Rakteem Katakey (Bloomberg) — Royal Dutch Shell Plc is on the brink of pulling off its biggest acquisition. Yet the widening discount of target BG
By Rakteem Katakey (Bloomberg) — Royal Dutch Shell Plc is on the brink of pulling off its biggest acquisition. Yet the widening discount of target BG
By Bloomberg News (Bloomberg) — China announced plans to reorganize two major shipping groups with combined revenue of more than $40 billion, paving the
The Chinese government has reportedly approved the long-anticipated merger between two of China’s largest shipping groups, China Ocean Shipping
By Mike Wackett, (The Loadstar) On the assumption that CMA CGM’s acquisition of NOL receives the approval of anti-trust authorities next year,
OSLO, Dec 9 (Reuters) – BW LPG, the world’s biggest liquid petroleum gas (LPG) shipper, has bought 12.1 percent of smaller rival Aurora LPG,
By Saeed Azhar, Rujun Shen and Gus Trompiz PARIS/SINGAPORE, Dec 7 (Reuters) – French container shipping giant CMA CGM is to buy Singapore’s Neptune
SINGAPORE, Dec 7 (Reuters) – France’s CMA CGM is set to buy a stake of almost 67 percent in Neptune Orient Lines from Singapore state investor
SINGAPORE, Dec 7 (Reuters) – Shares of Singapore’s Neptune Orient Lines Ltd (NOL) were suspended on Monday as talks between French shipping giant
By Joyce Koh (Bloomberg) — CMA CGM SA, the world’s No. 3 container shipping company, is in talks with lenders to finance its potential takeover bid for
By Bloomberg News (Bloomberg) — Neptune Orient Lines Ltd. surged to its highest in almost seven months in Singapore trading after Southeast Asia’s
SHANGHAI, Nov 17 (Reuters) – Chinese transport conglomerate China Merchants Group is in talks to acquire logistics group Sinotrans & CSC in the
By Mike Wackett, The Loadstar There are “significant obstacles” to the sale of Singapore-based Neptune Orient Lines (NOL), despite interest from Maersk
By Ole Mikkelsen COPENHAGEN, Nov 9 (Reuters) – The world’s number one container shipping company Maersk Line expects consolidation in the
By Kyunghee Park (Bloomberg) — Neptune Orient Lines Ltd. jumped to the highest level in more than five months in Singapore trading after the
By Joyce Koh, Jonathan Browning and Aaron Kirchfeld (Bloomberg) — Neptune Orient Lines Ltd. said it’s in separate talks with France’s CMA CGM
(Bloomberg) — France’s CMA CGM SA is in talks to acquire Singapore container shipping company Neptune Orient Lines Ltd., as majority owner
APM Terminals, the port and terminal operating arm of Denmark’s Maersk Group, has agreed to purchase full ownership of Barcelona-based Grup Maritim TCB
By Saleha Mohsin (Bloomberg) — Billionaire John Fredriksen and Exmar NV canceled a deal to create a liquefied natural gas company that would have
By Inyoung Hwang (Bloomberg) — A fresh drop in in oil prices and political instability in Brazil is making investors miss out on about $5.5
By James Paton and Rakteem Katakey (Bloomberg) — Royal Dutch Shell Plc’s plan to buy BG Group Plc faced its first regulatory hurdle after
Join the 105,945 members that receive our newsletter.
Have a news tip? Let us know.Maritime and offshore news trusted by our 105,945 members delivered daily straight to your inbox.
Essential news coupled with the finest maritime content sourced from across the globe.
Sign Up