Tuesday, January 21, 2020
Tuesday, December 3, 2019
Unifeeder Expands Footprint with Feedertech Acquisition
By Mike Wackett (The Loadstar) Unifeeder has expanded its global reach and closed the gap on market leader X-Press with its acquisition of a majority stake in Singapore-based feeder and...
Friday, November 15, 2019
Italy’s Saipem to Consider Combining With Rival Subsea 7
By Ed Hammond, Daniele Lepido and Dinesh Nair (Bloomberg) –Saipem SpA is considering a combination with rival Subsea 7 SA in what could rank as one of the European oil...
Wednesday, November 6, 2019
Tuesday, October 29, 2019
Monday, October 21, 2019
Keppel Receives Takeover Offer That Could Too Good to Pass Up
By David Ramli (Bloomberg) –Singapore’s Temasek Holdings Pte plans to take control of Keppel Corp. for about S$4 billion ($3 billion) and undertake a review of the oil-rig builder’s business...
Tuesday, October 15, 2019
Friday, September 20, 2019
Ardent Top Management to Buyout Partners Svitzer, Crowley
Top management of US-based salvage and offshore decommissioning company Ardent will buy-out the company from founding partners Svitzer and Crowley after receiving financial support. The financing will come from AURELIUS...
Friday, August 23, 2019
Trafigura’s Big Bet on Shipping Pays Off With Frontline Deal
By Andy Hoffman (Bloomberg) — Commodities trader Trafigura Group Pte Ltd.’s big bet on shipping paid off as it agreed on a tanker sale that will give it much-needed cash...
Tuesday, August 20, 2019
DryShips Agrees to Buyout Offer from Chairman and CEO
NASDAQ-listed shipowner DryShips has entered into a definitive agreement to sell all outstanding shares of the company to a holding company controlled by DryShips’ Chairman and Chief Executive Officer, George...
Thursday, August 1, 2019
Boskalis, Kotug Complete Sale of Kotug Smit Towage to Boluda
Royal Boskalis Westminster has completed the sale of Dutch towing company Kotug Smit Towage to Spain-based Boluda Group. Boskalis was co-shareholder of Kotug Smit Towage with Kotug International. The initial...
Thursday, July 25, 2019
Portland-Based Vigor Industrial Acquired by Private Equity
Portland, Oregon-based Vigor Industrials is being acquired by global investment firm The Carlyle Group and private equity firm Stellex Capital Management. As part of the agreement, Vigor Industrial LLC, an...
Monday, July 8, 2019
Monday, July 1, 2019
Wednesday, April 24, 2019
Takeover Battle: Occidental Offers $57 Billion for Anadarko, Topping Chevron
By Jennifer Hiller HOUSTON, April 24 (Reuters) – Oil and gas producer Occidental Petroleum Corp on Wednesday made a $57 billion bid for Anadarko Petroleum Corp, topping Chevron Corp’s $50...
Friday, April 12, 2019
Chevron to Acquire Anadarko in $33 Billion Energy Mega-Merger
By John Benny and Jennifer Hiller April 12 (Reuters) – Chevron Corp on Friday said it will buy Anadarko Petroleum Corp for $33 billion in cash and stock as the company...
Friday, April 5, 2019
Iconic Shipping Brand MacAndrews Consigned to History Books After 249 Years
By Mike Wackett (The Loadstar) – MacAndrews has become the latest iconic shipping name to be consigned to the history books. CMA CGM has lost no time in establishing recently...
Monday, April 1, 2019
Kongsberg Completes Acquisition of Rolls-Royce Marine
Norwegian technology group Kongsberg Gruppen announced on Monday it has completed its acquisition of Rolls-Royce Commercial Marine (RRCM). Officially part of Kongsberg Maritime, RRCM will operate under the KONGSBERG brand...
Tuesday, March 19, 2019
Tuesday, February 12, 2019
Maersk Acquires U.S. Customs House Broker Vandegrift
A.P. Moller-Maersk has acquired US-based Customs House Broker, Vandegrift Inc., underscoring the shipping giant’s focus on the logistics sector in 2019. The deal marks Maersk’s first acquisition of the year....
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