mergers and acquisitions

Offshore

P&O Maritime Buys Majority Stake in Spain’s Repasa

P&O Maritime, a subsidiary of Dubai's DP World, one of the world's largest port operators, has bought a majority stake in Spain's Remolcadores de Puerto y

Hapag-Lloyd, CSAV Merger to Win Conditional EU Approval -Sources

Hapag-Lloyd and Compania SudAmericana de Vapores will win conditional European Union approval for their merger that will create the world's fourth-largest

Norwegian Cruise Lines to Acquire Prestige Cruises for $3 Billion

Norwegian Cruise Lines announced Tuesday that it has agreed to acquire Miami-based upper-premium and luxury cruise ship operator Prestige Cruises International

News

Star Bulk Acquires 34 Vessels from Excel Maritime

International dry bulk shipping company Star Bulk announced Tuesday an agreement to acquire 34 vessels from troubled shipowner Excel Maritime

Shipping News

Hamburg Süd to Acquire CCNI in $160 Million Deal

German container shipper Hamburg Süd announced today it has reached an agreement with Compañía Chilena de Navegación Interoceánica S.A. (CCNI) to acquire

News

Saltchuk Acquires Tropical Shipping for $220 Million

A subsidiary of Seattle-based Saltchuk Resources, one of the nation’s leading transportation and petroleum distribution companies, has entered into a binding

News

Alfa Laval Buys Norwegian Pump Maker Frank Mohn for $2.2 Billion

By Andrew Noel and Veronica Ek April 7 (Bloomberg) — Alfa Laval AB agreed to buy Norwegian pumpmaker Frank Mohn AS, the manufacturer of Framo

News

Australia’s Mermaid Marine to Buy Jaya Offshore Business

Australian marine logistics firm Mermaid Marine Australia Ltd said on Tuesday it had agreed to buy the offshore businesses of Singapore's Jaya Holdings Ltd for