mergers and acquisitions


Friday, July 31, 2020
Temasek’s $3 Billion Bid for Keppel at Risk as Conglomerate Reports Big Loss
Shipping News

Temasek’s $3 Billion Bid for Keppel at Risk as Conglomerate Reports Big Loss

By Aradhana Aravindan and Anshuman Daga SINGAPORE, July 31 (Reuters) – Singaporean conglomerate Keppel Corp swung to a big second-quarter loss on

July 31, 2020
Total Views: 185

Wednesday, July 22, 2020
Huntington Ingalls Makes Strategic Investment in Autonomous Technology Company Sea Machines
Shipping News

Huntington Ingalls Makes Strategic Investment in Autonomous Technology Company Sea Machines

Boston-based Sea Machines says it has raised $15 million in funding with significant participation from Huntington Ingalls Industries (HII), America’s

July 22, 2020
Total Views: 194

Tuesday, July 21, 2020
container shipping
Shipping News

Wilhelmsen Ship Management Acquires 50% Stake in Ahrenkiel Steamship

Wilhelmsen Ship Management has teamed up with Hamburg-based investment firm MPC Capital by acquiring a 50% stake in Ahrenkiel Steamship, a MPC Capital

July 21, 2020
Total Views: 237

offshore rig
Offshore

Chevron’s $5 Billion Deal for Noble Ends Deal Drought

By Arathy S Nair July 21 (Reuters) – Chevron Corp’s surprise $5 billion all-stock deal for oil producer Noble Energy should spell the end of this

July 21, 2020
Total Views: 57

Thursday, July 9, 2020
TUI Completes Sale of Hapag-Lloyd Cruises to Joint Venture
Cruise Ships

TUI Completes Sale of Hapag-Lloyd Cruises to Joint Venture

Germany-based TUI Group has completed the sale of its subsidiary Hapag-Lloyd Cruises to TUI Cruises, a joint venture which TUI has with Royal Caribbean. TUI

July 9, 2020
Total Views: 162

Monday, July 6, 2020
Maersk ship
Shipping

Maersk Expands In-Land Logistics with Customs Broker Acquisition

COPENHAGEN, July 6 (Reuters) – Maersk said on Monday it had agreed to buy Sweden-based customs broker KGH Customs Services for 2.6 billion Swedish crowns

July 6, 2020
Total Views: 81

Thursday, April 2, 2020
daewoo shipbuilding
News

EU Antitrust Regulators Halt Hyundai, Daewoo Deal Probe

BRUSSELS, April 2 (Reuters) – EU antitrust regulators have halted their investigation into world No. 1 shipbuilding group Hyundai Heavy Industries’

April 2, 2020
Total Views: 74

Wednesday, February 19, 2020
maersk freight cargo
News

Maersk Expands Logistics Push with Purchase of U.S. Warehousing Firm

COPENHAGEN, Feb 19 (Reuters) – Danish shipping group A.P. Moller-Maersk said on Wednesday it had agreed to buy U.S. warehousing and

February 19, 2020
Total Views: 64

Thursday, January 30, 2020
kirby tank barge
Shipping News

Kirby to Acquire Savage Inland Marine’s Tank Barge Fleet for $278 Million

Image courtesy Kirby Corp. Houston-based tank barge operator Kirby Corporation has signed a agreement to acquire the inland tank barge fleet of Savage Inland

January 30, 2020
Total Views: 277

Tuesday, January 21, 2020
Kleven Verft to Get New Owners
Shipbuilding

Kleven Verft to Get New Owners

Croatian industrial group DIV Group has agreed to purchase Norwegian shipyard Kleven Verft from Hurtigruten. DIV Group is owner of Brodosplit, the largest

January 21, 2020
Total Views: 162

Tuesday, December 3, 2019
unifereder-container-ship
Shipping News

Unifeeder Expands Footprint with Feedertech Acquisition

By Mike Wackett (The Loadstar) Unifeeder has expanded its global reach and closed the gap on market leader X-Press with its acquisition of a majority stake in

December 3, 2019
Total Views: 144

Friday, November 15, 2019
saipem 12000
Offshore

Italy’s Saipem to Consider Combining With Rival Subsea 7

By Ed Hammond, Daniele Lepido and Dinesh Nair (Bloomberg) –Saipem SpA is considering a combination with rival Subsea 7 SA in what could rank as one of

November 15, 2019
Total Views: 49

Wednesday, November 6, 2019
offshore wind farm
Offshore

Shell to Buy French Offshore Wind-Power Developer

By Kelly Gilblom (Bloomberg) — Royal Dutch Shell Plc has agreed to buy French offshore wind developer Eolfi SA, continuing its expansion into renewable

November 6, 2019
Total Views: 43

Tuesday, October 29, 2019
Norway Rejects Accommodation Vessel Mega-Merger
Shipping News

Norway Rejects Accommodation Vessel Mega-Merger

The Norwegian Competition Authority has rejected the proposed mega-merger of accommodation vessel operators Prosafe and Floatel on the grounds that the merger

October 29, 2019
Total Views: 45

Monday, October 21, 2019
keppel shipyard
Shipping News

Keppel Receives Takeover Offer That Could Too Good to Pass Up

By David Ramli (Bloomberg) –Singapore’s Temasek Holdings Pte plans to take control of Keppel Corp. for about S$4 billion ($3 billion) and undertake a

October 21, 2019
Total Views: 95

Tuesday, October 15, 2019
vigor industrial
Shipbuilding

Carlyle Completes Vigor, MHI Holdings Acquisition

Global investment firm The Carlyle Group (NASDAQ: CG) and private equity firm Stellex Capital Management today announced they have closed on their acquisition

October 15, 2019
Total Views: 272

Friday, September 20, 2019
kea trader salvage
Shipping News

Ardent Top Management to Buyout Partners Svitzer, Crowley

Top management of US-based salvage and offshore decommissioning company Ardent will buy-out the company from founding partners Svitzer and Crowley after

September 20, 2019
Total Views: 138

Friday, August 23, 2019
Stock photo shows an oil tanker at a terminal
Shipping News

Trafigura’s Big Bet on Shipping Pays Off With Frontline Deal

By Andy Hoffman (Bloomberg) — Commodities trader Trafigura Group Pte Ltd.’s big bet on shipping paid off as it agreed on a tanker sale that will give

August 23, 2019
Total Views: 50

Tuesday, August 20, 2019
bulk carrier sunset
Shipping News

DryShips Agrees to Buyout Offer from Chairman and CEO

NASDAQ-listed shipowner DryShips has entered into a definitive agreement to sell all outstanding shares of the company to a holding company controlled by

August 20, 2019
Total Views: 36

Thursday, August 1, 2019
Boluda towing
Shipping News

Boskalis, Kotug Complete Sale of Kotug Smit Towage to Boluda

Royal Boskalis Westminster has completed the sale of Dutch towing company Kotug Smit Towage to Spain-based Boluda Group. Boskalis was co-shareholder of Kotug

August 1, 2019
Total Views: 117