Noble and Maersk Drilling to Divest Rigs to Soothe UK Competition Concerns Over Proposed Merger
By Katharine Gemmell (Bloomberg) — Noble Corp. and Maersk Drilling offered to divest some of its offshore operation platforms to avoid an in-depth
By Katharine Gemmell (Bloomberg) — Noble Corp. and Maersk Drilling offered to divest some of its offshore operation platforms to avoid an in-depth
Maritime freight software firm Veson Nautical on Wednesday announced its acquisition of Q88, an information management and software platform for the maritime
Houston-based Tidewater Inc. (NYSE: TDW) has completed its acquisition of Swire Pacific Offshore, becoming the world’s leading offshore support vessel
The UK Competition and Markets Authority has found that the proposed merger between offshore drilling contractors Noble Corporation and Maersk Drilling could
By Ishika Mookerjee and Kyunghee Park (Bloomberg) — The deadline for a transformative deal between Keppel Corp. and Sembcorp Marine Ltd. is just
Netherlands-based KOTUG International has entered into an agreement to acquire rival offshore support vessel operator Seaways International, part of a strategy
PARIS, April 8 (Reuters) – French shipping group CMA CGM said on Friday it has acquired nearly 100% of Gefco, the auto transport company previously
By Terje Solsvik and Victoria Klesty OSLO, April 7 (Reuters) – Belgian oil tanker group Euronav and smaller Oslo-listed rival Frontline plan to merge
The world’s largest shipping line, Mediterranean Shipping Company (MSC), has reached an agreement to acquire 100% the African logistic business of
Finnish-based Cargotec and Konecranes have cancelled plans for a proposed merger after UK competition regulators blocked the transaction over concerns that it
By Antonio Vanuzzo and Giulia Morpurgo (Bloomberg) — Italian billionaire Gianluigi Aponte’s Mediterranean Shipping Co. will take a minority stake
By Alberto Brambilla, Daniele Lepido and Chiara Albanese (Bloomberg) — Italy’s government is set to approve the start of the process to sell ITA
A.P. Moller – Maersk is continuing its integrated logistics transformation, announcing Wednesday its intention to acquire U.S.-based trucking company
PARIS, Jan 31 (Reuters) – French shipping giant CMA CGM said it had struck a preliminary agreement to acquire a majority stake in French
The European Commission has rejected the proposed merger between South Korean shipbuilders Daewoo Shipbuilding & Marine Engineering (DSME) and Hyundai
By Mike Wackett (The Loadstar) – Maersk’s proposed $3.6bn acquisition of Hong Kong-based LF Logistics represents a “significant milestone” in its
Seeking to bolster its end-to-end logistics solutions in Asia, A.P. Moller – Maersk has announced a deal to acquire Hong Kong-based LF Logistics in a
By Charles Daly (Bloomberg) — Aker BP ASA agreed to buy the oil and gas business of Lundin Energy AB in a $10 billion deal that creates the
By Ania Nussbaum and Christopher Jasper (Bloomberg) — MSC Mediterranean Shipping Co., the world’s second-biggest container line, offered to buy
Germany’s Federal Cartel Office is taking a closer look into the proposed sale of Maersk’s refrigerated container manufacturing unit to China
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