Monday, July 1, 2019
Topaz Energy
Maritime News

DP World Acquires Topaz for $1 Billion

Dubai-based port operator DP World has acquired 100 percent of offshore services provider Topaz Energy and Marine for a purchase price of more than $1 billion. Topaz operates a diversified...

July 1, 2019
Total Views: 2

Wednesday, April 24, 2019
offshore rig north sea
Offshore

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...

April 24, 2019
Total Views: 4

Friday, April 12, 2019
lng carrier
Offshore

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...

April 12, 2019
Total Views: 5

Friday, April 5, 2019
port of rotterdam
Maritime News

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...

April 5, 2019
Total Views: 87

Monday, April 1, 2019
Maritime News

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...

April 1, 2019
Total Views: 63

Tuesday, March 19, 2019
bw group tanker
Maritime News

BW Group Acquires Majority Stake in Epic Gas

Shipping company BW Group announced today it has acquired a majority stake in LPG shipowner Epic Gas and has launched an unconditional offer to acquire the remaining shares of the...

March 19, 2019
Total Views: 28

Tuesday, February 12, 2019
Eleonora Maersk Los Angeles Record
Maritime News

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....

February 12, 2019
Total Views: 4

cma cgm container ship
Maritime News

CMA CGM Aims for Ceva Logistics Breakeven in 2019 as it Takes Control

PARIS, Feb 12 (Reuters) – CMA CGM is aiming for Ceva Logistics to break even this year, its finance chief said on Tuesday, as the French shipping group opened a...

February 12, 2019
Total Views: 1

Thursday, January 31, 2019
diane cenac
Maritime News

Kirby to Acquire Fleet of Cenac Marine Services for $244 Million

Houston-based Kirby Corporation has announced a definitive agreement to acquire the marine transportation fleet of Houma-based Cenac Marine Services for approximately $244 million in cash. Cenac’s fleet consists of 63...

January 31, 2019
Total Views: 9

Thursday, December 6, 2018
unifereder-container-ship
Maritime News

DP World Completes Unifeeder Acquisition

By Gavin van Marle – DP World has completed its acquisition of European feeder and shortsea shipping line Unifeeder after this week securing clearance from European monopolies regulators. The €660m...

December 6, 2018
Total Views: 9

Thursday, November 15, 2018
tidewater guidery tide ahts
Maritime News

Tidewater Completes Combination with GulfMark Offshore

U.S.-based offshore supply vessel company Tidewater has completed its merger with rival Gulfmark Offshore, thereby creating a new global leader in the offshore support vessel sector in terms of total fleet...

November 15, 2018
Total Views: 140

Monday, October 8, 2018
offshore rig
Offshore

Offshore Driller Ensco to Buy Rowan in $2.38 Billion Deal

By John Benny and Shanti S Nair Oct 8 (Reuters) – Deep-sea oil driller Ensco Plc said on Monday it would buy smaller rival Rowan Cos Plc in an all-stock deal...

October 8, 2018
Total Views: 1

Wednesday, September 5, 2018
Maritime News

Viking to Acquire Free-Fall Lifeboat Maker Norsafe

Danish maritime safety equipment company VIKING Life-Saving Equipment announced today it has acquired Norwegian lifeboat-builder Norsafe.  Established in 1903, Norsafe produces a full range of free-fall lifeboats and fast rescue...

September 5, 2018
Total Views: 21

Tuesday, September 4, 2018
Maritime News

Transocean to Acquire Ocean Rig in $2.9 Billion Deal

By Will Wade and Simon Casey (Bloomberg) — Transocean Ltd., the world’s largest offshore drilling company, agreed to buy a smaller rival in a $2.9 billion deal, with rates for...

September 4, 2018
Total Views: 10

Wednesday, August 8, 2018
News

DP World Acquires European Logistics Firm Unifeeder for 660 Million Euros

Some big news this week from one of the world’s top port operators and self-proclaimed global trade enabler. On Tuesday, Dubai-based DP World announced plan to acquire 100% of Unifeeder,...

August 8, 2018
Total Views: 1

Monday, August 6, 2018
Maritime News

Gulfmark Offshore Receives Unsolicited Merger Offer from Harvey Gulf, Throwing Wrench in Planned Tidewater Deal

Houston-based GulfMark Offshore (NYSE:GLF) today confirmed that it has received a non-binding, unsolicited proposal from competitor Harvey Gulf International Marine to combine the companies in an all-stock merger in which...

August 6, 2018
Total Views: 4

Monday, July 16, 2018
tidewater guidery tide ahts
Interesting

Tidewater and Gulfmark to Merge, Creating Offshore Supply Vessel Leader

U.S.-based offshore supply vessel companies Tidewater (NYSE: TDW) and GulfMark Offshore (NYSE: GLF) announced Monday that their respective Boards of Directors have unanimously approved a definitive agreement to combine the...

July 16, 2018
Total Views: 54

Wednesday, July 11, 2018
hapag-lloyd ship
gCaptain

Hapag-Lloyd Investor Confirms Approach from CMA CGM, Says Takeover Should Go Other Way Around

By Mike Wackett (The Loadstar) – One of Hapag-Lloyd’s largest shareholders has brushed off an approach by CMA CGM for merger talks. Any such deal could create the largest container shipping...

July 11, 2018
Total Views: 9

Monday, July 9, 2018
dorian lpg tanker
Maritime News

BW LPG Increases Takeover Offer for Rival Dorian LPG

The raised offer comes after Dorian LPG’s Board declined BW LPG’s initial unsolicited offer on May 29, saying the offer undervalued Dorian’s fleet of “substantially younger, more fuel-efficient ships as...

July 9, 2018
Total Views: 3

Hapag-Lloyd Container-ship BOSTON EXPRESS
News

CMA CGM Explored Possible Merger Hapag-Lloyd, Sources Say

By Jonathan Saul and Arno Schuetze LONDON/FRANKFURT, July 9 (Reuters) – The world’s no. 3 container shipping line, CMA CGM of France, has made an exploratory approach to German rival...

July 9, 2018
Total Views: 11