APM Terminals Completes $1 Billion Grup Maritim TCB Acquisition
APM Terminals says it has completed the $1 billion acquisition of Barcelona-based Grup Maritim TCB’s port and rail interests, expanding the maritime
APM Terminals says it has completed the $1 billion acquisition of Barcelona-based Grup Maritim TCB’s port and rail interests, expanding the maritime
Houston-based Kirby Corporation (NYSE: KEX) announced an agreement Wednesday to purchase the inland tank barge fleet of SEACOR Holdings for $88 million in
By Rakteem Katakey (Bloomberg) — Royal Dutch Shell Plc won shareholder approval to buy BG Group Plc, sealing its biggest acquisition amid the worst
SHANGHAI, Jan 4 (Reuters) – China Ocean Shipping Group Co (COSCO) and China Shipping Group Co will become a new entity after merging, led by the
By Clement Tan (Bloomberg) — China has approved another strategic restructuring of two state-owned shipping-related conglomerates, the second such move
By Bloomberg News (Bloomberg) — Chinese investors got their first opportunity to react to a plan for consolidating the nation’s two state-owned
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
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