mergers and acquisitions


Monday, January 8, 2024
Maersk Tanker Underway
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: 2198

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: 4599

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: 756

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: 677

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: 4896

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: 1140

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: 1736

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: 2163

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: 1541

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: 2012

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: 2995

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: 2284

Tuesday, June 20, 2023
DNV banner at a convention
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: 582

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: 2490

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: 2614

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: 1189

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: 3442

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: 1343

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: 2044

Tuesday, March 7, 2023
Tidewater to Acquire 37 PSVs from Solstad Offshore
Offshore

Tidewater to Acquire 37 PSVs from Solstad Offshore

Some big news from Houston-based Tidewater, the world’s largest owner and operator of offshore support vessels (OSVs). The company announced it has reached

March 7, 2023
Total Views: 4112