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