mergers and acquisitions

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

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

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

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

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

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

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

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

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

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

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

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

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,

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

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

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

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

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

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

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