mergers and acquisitions


Wednesday, January 11, 2023
Weeks Marine Acquired by Kiewit Corporation
Shipping

Weeks Marine Acquired by Kiewit Corporation

New Jersey-based dredging and marine services specialist Weeks Marine has been acquired by Kiewit Corporation, a privately held construction company based in

January 11, 2023
Total Views: 3569

Tuesday, January 10, 2023
Fredriksen’s Frontline Walks Away from Euronav Bid
Shipping

Fredriksen’s Frontline Walks Away from Euronav Bid

By Stephen Treloar (Bloomberg) — Frontline Plc, the shipping giant controlled by billionaire John Fredriksen, gave up plans to buy Euronav NV and

January 10, 2023
Total Views: 1388

Friday, December 23, 2022
Offshore

Seadrill Acquires Aquadrill in All-Stock Deal

Offshore drilling contractor Seadrill (NYSE and OSE: SDRL) has entered into a definitive agreement to acquire UK-based Aquadrill in an all-stock transaction.

December 23, 2022
Total Views: 822

Wednesday, December 21, 2022
Shipping

MSC Completes Bolloré Africa Acquisition

Swiss-based MSC Mediterranean Shipping Company, the world’s largest container shipping company, has completed its acquisition of the African logistic

December 21, 2022
Total Views: 1284

Monday, December 19, 2022
Shipping

Shipbroker Braemar Reveals Americas Expansion with Southport Maritime Acquisition

International shipbroker Braemar Plc has announced the acquisition of US-based Southport Maritime as part of its strategic goal of expanding its coverage in

December 19, 2022
Total Views: 1039

Friday, November 18, 2022
Ports

Abu Dhabi Ports Acquires Spanish Logistics Firm to Further Global Expansion

By Leen Al-Rashdan (Bloomberg) — Abu Dhabi Ports Group has purchased Spanish logistics firm Noatum for $680 million, its second acquisition this month

November 18, 2022
Total Views: 1215

Tuesday, November 15, 2022
Shipping

CMA CGM’s Billionaire Boss in Search of Media Acquisitions

By Tara Patel (Bloomberg) — French shipping billionaire Rodolphe Saade is seeking more media acquisitions after snapping up a regional newspaper and

November 15, 2022
Total Views: 2421

Monday, November 14, 2022
Shipbuilding

Bollinger Shipyards Completes VT Halter Acquisition

Bollinger Shipyards announced Monday it has completed its acquisition of VT Halter Marine and ST Engineering Halter Marine Offshore (STEHMO) from ST

November 14, 2022
Total Views: 1614

Tuesday, November 1, 2022
Shipping

Seaspan Parent Agrees to $10.9 Billion Buyout from Existing Major Shareholders and ONE

Asset manager Atlas (NYSE: ATCO), parent to container leasing company Seaspan Corporation, has agreed to a all-cash buyout by an entity made up of its existing

November 1, 2022
Total Views: 1930

Thursday, October 27, 2022
Offshore

Sembcorp Marine Simplifies Deal for Keppel O&M

Oct 27 (Reuters) – Singapore’s Sembcorp Marine (Sembmarine) scrapped a deal to merge with Keppel Corp’s offshore and marine unit and

October 27, 2022
Total Views: 709

Monday, October 24, 2022
Shipping

Liner Giant MSC Makes Major Towing Acquisition

Mediterranean Shipping Company has agreed to acquire Italian towage operator Rimorchiatori Mediterranei S.p.A., the world’s third-largest harbor tug

October 24, 2022
Total Views: 5157

Tuesday, October 4, 2022
Ports

Hapag-Lloyd Expands Terminals Business with $1 Billion Acquisition of SM SAAM

Hapag-Lloyd is continuing to spend its pandemic profits to expand and modernize its business. The German container shipping company announced Tuesday it has

October 4, 2022
Total Views: 1073

Monday, October 3, 2022
Shipping

Lomar Shipping Acquires German Shipowner and Manager Carl Büttner

London-based Lomar Shipping has acquired the Bremen, Germany-based shipowner and manager Carl Büttner for $160 million. Carl Büttner’s history in

October 3, 2022
Total Views: 1495

Monday, September 26, 2022
Shipping

Major Shareholders Raise Offer for Seaspan Takeover

By Layan Odeh (Bloomberg) — A consortium led by former Berkshire Hathaway Inc. executive David Sokol and Canadian investment group Fairfax Financial

September 26, 2022
Total Views: 1647

Thursday, September 22, 2022
Ports

Hamburg Port Backs COSCO Terminal Acquisition Over German Government’s China Concerns

By William Wilkes and Arne Delfs (Bloomberg) — Hamburg Hafen und Logistik AG said the German government shouldn’t block a Chinese acquisition of a

September 22, 2022
Total Views: 1063

Thursday, September 15, 2022
Shipping

Hapag-Lloyd Acquires Minority Stake in Italian Logistics Group Spinelli

German container shipping line Hapag-Lloyd has entered into an agreement with Italy-based Spinelli Group to acquire 49% in the Italian logistics group. The

September 15, 2022
Total Views: 528

Wednesday, August 31, 2022
Shipping

Boskalis Agrees to Increased Takeover Offer with HAL

Dutch marine services company Royal Boskalis Westminster N.V. (Boskalis) and Curaçao-based HAL Holding have reached an agreement on an increased offer price

August 31, 2022
Total Views: 1680

Monday, August 29, 2022
Ports

Maersk’s APM Terminals Divests Stake in Russian Container Terminal Operator Global Ports

APM Terminals (APMT), a leading port operator and part of A.P. Moller – Maersk, has announced an agreement to divest its minority stake in Global Ports

August 29, 2022
Total Views: 3966

Thursday, August 25, 2022
Shipping

Justice Department Sinks Maersk’s Reefer Business Sale to China’s CIMC

Maersk and China International Marine Containers (CIMC) have abandoned plans for the sale of Maersk’s reefer container business to CIMC after a U.S.

August 25, 2022
Total Views: 2941

Friday, August 5, 2022
Shipping

Maersk Adds to Project Cargo Capability with New Acquisition

Maersk is extending its streak of acquisitions with an agreement to acquire a Denmark-based project cargo specialist. A.P. Moller – Maersk will acquire

August 5, 2022
Total Views: 2451