mergers and acquisitions

Icelandic shipping company Eimskip has entered into an agreement to aquire Norwegian shipping and logistics company Nor Lines. Eimskip described Nor Lines as a

German shipbuilding group Lürssen has acquired Hamburg-based shipyard Blohm + Voss, the two companies announced Wednesday. Lürssen, which specializes in the

By Christian Wienberg and Kyunghee Park (Bloomberg) — A.P. Moeller-Maersk A/S’s container line, which this month ditched a strategy of building new

By Christian Wienberg (Bloomberg) — The owner of the world’s largest container shipping line will stop ordering newly built vessels and instead pursue

By Jacob Gronholt-Pedersen COPENHAGEN, Sept 22 (Reuters) – Denmark’s A.P. Moller-Maersk , the world’s largest container shipping group, is

ABIDJAN, Sept 20 (Reuters) – CMA CGM will look at opportunities in container shipping triggered by the collapse of South Korea’s Hanjin Shipping,

PARIS, Sept 8 (Reuters) – Dutch group Damen shipyards and Italian group Fincantieri are the two potential buyers that have emerged for STX France, a

NANTES, France Sept 7 (Reuters) – Two potential buyers have emerged for STX France, a shipyard subsidiary of the struggling South Korean group STX Corp,

International maritime group Wilh. Wilhelmsen Holding and shipping company Wallenius Lines have signed a letter of intent to combine their jointly owned

STAVANGER, Norway, Aug 29 (Reuters) – John Knight, Statoil’s executive vice-president for global strategy and business development, told Reuters on

By Sarah Syed and Kiel Porter (Bloomberg) — Norwegian cruise operator Hurtigruten ASA has attracted interest from buyout firms EQT Partners AB, Bain

Oslo-listed Stolt-Nielsen Limited (Oslo Børs: SNI) announced Monday an agreement to acquire the chemical tanker operations of Jo Tankers for approximately

By Dinesh Nair and Nicholas Brautlecht (Bloomberg) — United Arab Shipping Co. is weighing a sale of its tanker business for oil and petrochemicals that

FRANKFURT, June 28 (Reuters) – German container shipping line Hapag-Lloyd AG has agreed a merger deal with United Arab Shipping Company (UASC), creating

French container shipping company CMA CGM has launched an all-cash offer for all outstanding shares of Singapore-listed Neptune Orient Lines. The offer price

British private equity firm Equistone Partners is buying marine navigation service ChartCo from fellow fund ECI for 55 million pounds ($79.43 million), the

LONDON, June 2 (Reuters) – The shareholders of Middle East container shipping group United Arab Shipping Company (UASC) back the company’s merger

BRUSSELS, April 29 (Reuters) – The European Commission said on Friday it had cleared French shipping group CMA CGM’s $2.4 billion takeover of

By Nicholas Brautlecht (Bloomberg) — Hapag-Lloyd AG is in talks with United Arab Shipping Co. on a possible combination of their container businesses,

BRUSSELS, April 11 – French container shipping group CMA CGM has offered concessions in a bid to win European Union antitrust approval for its $2.4