mergers and acquisitions


Monday, June 17, 2024
Stock photo of the bow of a ship at anchor
Shipping

European Consortium Acquires Maritime Service Provider V.Group

V.Group, a leading ship management and maritime service provider, has been bought by a consortium led by European investment fund manager STAR Capital. Other

June 17, 2024
Total Views: 820

Monday, June 10, 2024
The drilling ship Noble Globetrotter II off the coast of Varna, Bulgaria
Offshore

Noble Corporation to Acquire Diamond Offshore Drilling in a Landmark Deal

Noble Corporation plc and Diamond Offshore Drilling, Inc have announced their decision to merge. As per the agreement, Noble will acquire Diamond in a

June 10, 2024
Total Views: 698

Tuesday, May 28, 2024
Pure car and truck carrier in port
Shipping

Gram Car Carriers Agrees to $700 Million Acquisition by MSC Subsidiary

Gram Car Carriers ASA (GCC) has announced the acceptance of a voluntary cash offer from SAS Shipping Agencies Services Sàrl (SAS), a wholly-owned subsidiary

May 28, 2024
Total Views: 1188

Monday, May 20, 2024
OSG ATB
Shipping

Saltchuk to Acquire Overseas Shipholding Group in $950 Million Deal

Seattle-based Saltchuk Resources, a diverse freight transportation and services company, has entered into a definitive agreement to acquire Overseas

May 20, 2024
Total Views: 2327

Wednesday, April 24, 2024
Pure car and truck carrier in port
Shipping

MSC Subsidiary Launches $700 Million Takeover of Gram Car Carriers

SAS Shipping Agencies Services, a wholly-owned subsidiary of the world’s largest container shipping line, MSC Mediterranean Shipping Company, plans to

April 24, 2024
Total Views: 1243

Tuesday, April 9, 2024
Photo: Star Bulk
Shipping

Star Bulk Completes Merger with Eagle Bulk Shipping

Star Bulk Carriers Corp. (Nasdaq: SBLK) announced the completion of its merger with Eagle Bulk Shipping Inc., creating the largest US-listed dry bulk shipping

April 9, 2024
Total Views: 1084

Monday, March 4, 2024
MOLCT-operated chemical tanker Ensemble. Photo courtesy MOL
Shipping

MOL Boosts Chemical Tanker Fleet with $400 Million Fairfield Acquisition

MOL Chemical Tankers (MOLCT), a wholly-owned subsidiary of Mitsui O.S.K. Lines (MOL), has completed its acquisition of all shares of Fairfield Chemical

March 4, 2024
Total Views: 1633

Thursday, February 29, 2024
Feeport, Bahamas - May 2019: Tug boat RT Raptor near the pier close to the Freeport Container Port and Cruise Port
Shipping

KOTUG International Takes Full Ownership of Freeport Towage Joint Venture

Dutch towage operator KOTUG International has acquired full ownership of its Freeport, Bahamas-focussed joint venture with SEACOR Holdings, with KOTUG buying

February 29, 2024
Total Views: 1166

cma cgm headquaters and logo with French flag
Shipping

CMA CGM Completes $5 Billion Bollore Logistics Takeover

By Gus Trompiz PARIS, Feb 29 (Reuters) – France’s CMA CGM has completed a $5 billion takeover of Bollore Logistics, its biggest-ever

February 29, 2024
Total Views: 1446

Thursday, February 8, 2024
Svitzer harbor tug
Shipping

Maersk Launches Demerger of Svitzer Towage Business

Maersk has announced plans to spin-off its towage business as the Danish shipping conglomerate continues its transition towards becoming an integrated

February 8, 2024
Total Views: 2503

Friday, February 2, 2024
An inland tug and barges moves along a river under a bridge
Shipping

Ingram Barge Company Forms New Infrastructure Subsidiary

Leading U.S. inland waterways carrier Ingram Barge Company has announced the creation of Ingram Infrastructure Group, a new subsidiary that will focus on

February 2, 2024
Total Views: 1971

Monday, January 29, 2024
Saltchuk Reconsidering Takeover of Overseas Shipholding Group
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: 2930

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: 2223

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: 4632

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: 766

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: 699

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: 4912

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: 1151

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: 1761

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: 2181