mergers and acquisitions


Tuesday, October 29, 2024
Shipping

Scorpio Tankers Expands into VLCC Sector with DHT Holdings Investment

Scorpio Tankers Inc. (NYSE: STNG) has announced a strategic investment in DHT Holdings Inc. (NYSE: DHT), a leading player in the crude tanker market. During

October 29, 2024
Total Views: 813

Wednesday, October 23, 2024
Offshore

Transocean and Seadrill in Merger Talks Amid Deepwater Drilling Boom

By David Carnevali, Dinesh Nair and David Wethe (Bloomberg) — Transocean Ltd. is in talks to merge with rival offshore drilling contractor Seadrill

October 23, 2024
Total Views: 3269

Monday, October 21, 2024
Ports

MSC Snaps Up Brazilian Shipping Powerhouse in a $765M Deal

SAO PAULO/BENGALURU, Oct 21 (Reuters) – Investment holding company Ocean Wilsons OCN.L has agreed to sell its 56.47% stake in Brazilian unit Wilson

October 21, 2024
Total Views: 1726

Monday, October 7, 2024
Offshore

Equinor Acquires Stake in Ørsted, Becoming Second-Largest Shareholder

Norwegian energy giant Equinor ASA has made a significant move in the renewable energy sector by acquiring a 9.8% stake in Ørsted A/S, a leading offshore wind

October 7, 2024
Total Views: 776

Wednesday, September 25, 2024
Shipbuilding

Hanwha Abandons Austal Takeover Bid Amid Due Diligence Dispute

Korean conglomerate Hanwha has officially withdrawn its takeover bid for Australian defense shipbuilder Austal, citing insurmountable obstacles in conducting

September 25, 2024
Total Views: 1973

Monday, September 23, 2024
Shipping

Pangaea Logistics Expands Handy-Size Bulker Fleet in $295 Million Deal

Pangaea Logistics Solutions Ltd. (Nasdaq: PANL) has announced a definitive agreement to merge fifteen handy-size dry bulk vessels from Strategic Shipping Inc.

September 23, 2024
Total Views: 1072

Ports

CMA CGM Expands Global Reach: Acquires Stake in Brazil’s Largest Port Operator

CMA CGM, the French shipping and logistics group, has announced a significant expansion of its operations in South America, signing a definitive agreement to

September 23, 2024
Total Views: 622

Wednesday, September 11, 2024
Offshore

Seadrill Eyes Growth via Acquisitions

OSLO, Sept 11 (Reuters) – Offshore drilling contractor Seadrill is looking to buy more assets or create a larger player by merging with peers, the

September 11, 2024
Total Views: 1062

Friday, September 6, 2024
Offshore

Noble Corporation Completes $1.6 Billion Acquisition of Diamond Offshore Drilling

Noble Corporation plc (CSE: NOBLE, NYSE: NE) has finalized its $1.59 billion acquisition of Diamond Offshore Drilling, Inc., strengthening its position in the

September 6, 2024
Total Views: 1725

Thursday, August 15, 2024
Shipping

Avance Gas Sells VLGC Fleet to BW LPG for $1.05 Billion

Avance Gas Holding Ltd., a leading global operator in the transportation of liquefied petroleum gas (LPG), has agreed to sell its fleet of Very Large Gas

August 15, 2024
Total Views: 749

Thursday, August 1, 2024
Shipping

Crowley and SEACOR Launch Jones Act Tanker Company Fairwater Holdings

Crowley and SEACOR Holdings, through its subsidiary Seabulk Tankers, have successfully launched Fairwater Holdings, a new U.S. company combining the tanker

August 1, 2024
Total Views: 1815

Tuesday, July 30, 2024
Offshore

Viaro Energy Acquires Shell and ExxonMobil’s Southern North Sea Assets

Viaro Energy, a leading independent British energy company, has announced that its main operating subsidiary, RockRose Energy Limited, has signed an agreement

July 30, 2024
Total Views: 785

Friday, July 26, 2024
Offshore

Cyan Renewables Acquires MMA Offshore for $702 Million

Cyan Renewables, Asia’s leading offshore wind services operator based in Singapore, today announced its acquisition of Australian offshore marine services

July 26, 2024
Total Views: 593

Monday, July 22, 2024
Shipping

Trafigura Group Expands High Heat Tanker Fleet

The Trafigura Group has successfully acquired Gearbulk’s 50 percent share in the joint venture company High Heat Tankers (HHT). The strategic move marks a

July 22, 2024
Total Views: 1217

Wednesday, July 10, 2024
Shipping

Saltchuk Completes Acquisition of Overseas Shipholding Group for $950 Million

Saltchuk Resources, Inc. has successfully completed its tender offer to acquire all outstanding shares of Overseas Shipholding Group, Inc. (NYSE: OSG) for

July 10, 2024
Total Views: 1387

Monday, July 8, 2024
Shipping

Boskalis to Fully Acquire Smit Lamnalco

Royal Boskalis B.V. (Boskalis) has signed an agreement to acquire the remaining 50% shares in Smit Lamnalco, thereby taking full ownership of the company. Smit

July 8, 2024
Total Views: 1687

Friday, July 5, 2024
Shipping

Ocean Yield Enters LNG Carrier Segment

Norwegian-based shipowner Ocean Yield AS has announced an agreement to purchase infrastructure fund CVC DIF’s share in the French company Geogas LNG. The

July 5, 2024
Total Views: 505

Tuesday, July 2, 2024
Shipping

DOF to Acquire Maersk Supply Service in $1.1 Billion Deal

DOF Group ASA will acquire Maersk Supply Service A/S (MSS) for approximately USD 1.112 billion. The deal will be financed through a combination of cash and new

July 2, 2024
Total Views: 2146

Monday, July 1, 2024
Shipping

Maersk Withdraws DB Schenker Bid

By Eyk Henning, Dinesh Nair and Sara Sjolin (Bloomberg) — A.P. Moller-Maersk A/S withdrew its bid for DB Schenker, the logistics unit of Deutsche Bahn

July 1, 2024
Total Views: 1837

Wednesday, June 26, 2024
Shipping

SAS Achieves Key Milestone in Gram Car Carriers Acquisition

SAS Shipping Agencies Services Sàrl (SAS) has received acceptances for approximately 93.56% of Gram Car Carriers ASA’s (GCC) issued share capital,

June 26, 2024
Total Views: 681