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mergers and acquisitions


Monday, January 29, 2024
Shipping

Saltchuk Reconsidering Takeover of Overseas Shipholding Group

Overseas Shipholding Group, Inc. (NYSE: OSG), a major provider of US-flag liquid bulk transportation services in the energy sector, has confirmed the receipt

January 29, 2024
Total Views: 2881

Monday, January 8, 2024
Shipping

Maersk Tankers Acquires Penfield Marine to Expand Tanker Services

Copenhagen-based Maersk Tankers has recently completed its acquisition of Penfield Marine, a boutique commercial management company. The move allows Maersk

January 8, 2024
Total Views: 2147

Monday, December 11, 2023
bulk ship
Shipping

Star Bulk and Eagle Bulk to Merge, Creating Largest US-Listed Dry Bulk Shipping Company

Star Bulk Carriers Corp. (Nasdaq: SBLK) and Eagle Bulk Shipping Inc. (NYSE: EGLE) have announced their agreement to merge in an all-stock deal, creating the

December 11, 2023
Total Views: 4545

Cadeler wtiv working at an offshore wind farm
Offshore

Cadeler Secures Green Loan for Eneti Combination and Upgrades

Cadeler A/S (OSE: CADLR) has announced the signing of EUR 550m Senior Secured Green Loan Facilities with a group of banks to refinance existing vessels in

December 11, 2023
Total Views: 730

Friday, December 1, 2023
Stock photo of the bow of a ship at anchor
Shipping

Hahn & Co. Weighs Sale of South Korea’s SK Shipping, Sources Say

By Manuel Baigorri, Cathy Chan and Vinicy Chan (Bloomberg) — South Korean buyout firm Hahn & Co. is reviewing strategic options for its majority

December 1, 2023
Total Views: 636

Wednesday, October 25, 2023
Stock photo of a barge on the Mississippi River
Shipping

SEACOR Sells Inland Barge Business to Ingram

SEACOR Holdings has signed a definitive agreement to sell its inland barge business Inland River Transport Holdings, commonly known as SCF, to a division of

October 25, 2023
Total Views: 4857

Monday, October 23, 2023
File photo of an offshore drillship
Offshore

Chevron Wins Piece of Exxon’s Guyana Oil Riches With Hess Deal

By Kevin Crowley (Bloomberg) — The crown jewel of Chevron Corp.’s $53 billion acquisition of Hess Corp. is a piece of larger rival Exxon Mobil

October 23, 2023
Total Views: 1120

Wednesday, September 27, 2023
USS-Fitzgerald-Unrep-MSC-Tanker
Shipping

Maritime Partners Acquires Navy Contractor USMMI from Maersk

Privately-held Maritime Partners is further expanding its portfolio of domestic maritime assets with the acquisition of Norfolk, Va.-based U.S. Marine

September 27, 2023
Total Views: 1657

Tuesday, August 22, 2023
File photo of a product tanker underway at sea
Shipping

Maritime Partners to Acquire AMSC’s Jones Act Tanker Fleet

Oslo-based AMSC and Maritime Partners have signed a share purchase agreement for Maritime Partners’ purchase of American Tanker Holding Company (ATHC), a

August 22, 2023
Total Views: 2117

Thursday, July 13, 2023
A silhouette of a ship underway in the distance at dusk
Shipping

Indonesian Shipping Firm Meratus Weighing $2 Billion Sale, Sources Say

By Manuel Baigorri and Elffie Chew (Bloomberg) — Indonesian logistics and marine shipping business Meratus is exploring a sale of the business

July 13, 2023
Total Views: 1497

Tuesday, June 27, 2023
bulk carrier underway
Shipping

Danaos Expresses ‘Serious Concern’ Over Eagle Bulk’s Repurchase of Oaktree Shares and Use of ‘Poison Pill’

Danaos Corporation (NYSE:DAC), one of the world’s largest independent owners of containerships and the largest shareholder of Eagle Bulk Shipping

June 27, 2023
Total Views: 1980

Friday, June 23, 2023
shipping containers
Ports

Carrix to Expand North American Terminal Footprint

Carrix, a leading marine terminal operator based in Seattle, Washington, has announced plans to expand its North American terminal footprint with the purchase

June 23, 2023
Total Views: 2951

Thursday, June 22, 2023
bulk ship
Shipping

Eagle Bulk Repurchases Oaktree Stake at a Premium

Eagle Bulk repurchases Oaktree’s entire stock ownership of 28%. U.S.-based Eagle Bulk Shipping Inc. (NYSE: EGLE) has announced that its Board of

June 22, 2023
Total Views: 2262

Tuesday, June 20, 2023
DNV Strengthens Cyber Security Offering with Nixu Acquisition
Shipping

DNV Strengthens Cyber Security Offering with Nixu Acquisition

International classification society and risk management firm DNV has announced plans to acquire Helsinki-headquartered cyber security firm Nixu. Under the

June 20, 2023
Total Views: 563

Wednesday, May 31, 2023
A member of staff at satellite communications company Inmarsat poses in front of a section of the screen showing the southern Indian Ocean to the west of Australia, during a search for missing flight MH370, at their headquarters in London
Shipping

Viasat Completes Acquisition of Inmarsat

California-based communications company, Viasat Inc., has completed its acquisition of Inmarsat, a global leader in mobile satellite communications in the

May 31, 2023
Total Views: 2462

Monday, May 8, 2023
cma cgm headquaters and logo with French flag
Shipping

CMA CGM Commits to $5.5 Billion Bollore Logistics Buyout

By Silvia Aloisi PARIS, May 8 (Reuters) – French shipping group CMA CGM has committed to buy the logistics operations of family-run conglomerate

May 8, 2023
Total Views: 2579

Tuesday, April 18, 2023
cma cgm logo on a shipping container
Shipping

CMA CGM Offers $5.5 Billion for Bollore Logistics Unit

By Tara Patel and Benoit Berthelot (Bloomberg) — Rodolphe Saade, the French billionaire at the helm of shipping giant CMA CGM SA, shows no signs of

April 18, 2023
Total Views: 1164

Wednesday, April 5, 2023
Vantage Drilling Said to be Weighing Sale
Offshore

Vantage Drilling Said to be Weighing Sale

By Rachel Butt (Bloomberg) — Vantage Drilling International is exploring strategic options including a potential sale, according to people familiar with

April 5, 2023
Total Views: 3381

Tuesday, April 4, 2023
Seadrill drillship on the horizon
Offshore

Seadrill Completes Aquadrill Acquisition, Creating Leading Offshore Drilling Company

Offshore drilling company Seadrill Limited has announced the successful all-stock acquisition of Aquadrill LLC. The acquisition, valued at $958 million,

April 4, 2023
Total Views: 1293

Tuesday, March 28, 2023
Stock photo of a ONE containership at berth
Shipping

Controlling Shareholders Complete Atlas Corp. Buyout with ONE

Atlas Corp. (NYSE: ATCO) has announced the completion of its merger with Poseidon Acquisition Corp., a consortium of Atlas’ controlling shareholders

March 28, 2023
Total Views: 1918
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