Tag archives: acquisition

DryShips acquires its first VLGC with a 5 year time charter

DryShips Inc, a diversified owner of ocean group cargo vessels, announced that it has acquired one Very Large Gas Carrier (“VLGC”) currently under construction at Hyundai Heavy Industries (“HHI”) for ...

Maersk Line to acquire Hamburg Süd

Maersk Line and the Oetker Group have reached an agreement for Maersk Line to acquire Hamburg Süd, the German container shipping line. The acquisition is subject to final agreement ...

Eagle Bulk Shipping to acquire SDARI-64 Ultramax newbuilding vessel

Eagle Bulk Shipping Inc. announced that it has acquired a resale 2017-built 64,000 deadweight SDARI-64 Ultramax dry bulk vessel constructed at Chengxi Shipyard Co., Ltd.  The vessel is scheduled ...

Eagle Bulk announces acquisition of Ultramax vessel

Eagle Bulk Shipping Inc. announced that it has acquired a 2016 built 61,000 deadweight NACKS-61 Ultramax dry bulk vessel constructed at Nantong COSCO Kawasaki Heavy Industries Engineering Co., Ltd ...

Sovcomflot Group expands its fleet by nine vessels

On 26 September 2016, SCF Group completed the acquisition of nine tankers from Primorsk International Shipping Ltd. (“PRISCO”). 

This summer SCF Tankers Ltd., a subsidiary of PAO Sovcomflot, was the ...

Stolt-Nielsen agrees to acquire the chemical tanker operations of Jo Tankers

Stolt-Nielsen Limited announced that it has agreed to acquire the chemical tanker operations of Jo Tankers. The transaction comprises 13 chemical tankers and a 50% share in a joint venture ...

APM Terminals to acquire full ownership of APM Terminals-Aarhus A/S

APM Terminals has reached an agreement with joint venture partner Aarhus Service Holding for the purchase of the remaining 40% of the existing APM Terminals-Aarhus A/S facility, strategically-located on ...

Seaspan acquires two newbuildings

Seaspan Corporation announced  that it has acquired two newbuilding 11000 TEU vessels from Greater China Intermodal Investments LLC ("GCI") for a total purchase price of $195.6 million. These vessels ...

NYK to acquire share of EMAS Chiyoda Subsea

NYK has reached an agreement with Ezra Holdings Limited (Ezra) and Chiyoda Corporation (Chiyoda) to acquire a 25 percent share of EMAS Chiyoda Subsea Limited (ECS). After NYK’s participation ...

Frontline: Acquisition of VLCC newbuilding contracts

Frontline Ltd. is pleased to announce the acquisition of two VLCC newbuildings under construction at Hyundai Heavy Industries at a purchase price of $84 million each. The vessels are due ...

CMA CGM moves ahead with NOL offer

CMA CGM S.A., a global leader in container shipping, today launched an all-cash voluntary conditional general offer (Offer) for all outstanding shares of Neptune Orient Lines Limited (NOL) other ...

Rickmers-Linie takes over Nordana’s Project Business

Rickmers-Linie, the Hamburg based liner service specialist for breakbulk, heavy lift and project cargoes takes over the activities of tramp and chartering specialist Nordana Project & Chartering with offices in Copenhagen ...

CMA CGM announces firm intention to make voluntary conditional general offer to acquire NOL

Following the satisfaction and waiver (as the case may be) of the pre-conditions set forth in the Pre-Conditional Offer Announcement dated 7 December 2015, CMA CGM S.A. (CMA CGM ...

CMA CGM’s proposed acquisition of NOL get Chinese approval

CMA CGM S.A., a global leader in container shipping, announces that it has received today confirmation that its pending acquisition of Neptune Orient Lines (NOL), Southeast Asia’s largest ...

Bureau Veritas pursues external growth strategy with the acquisition of TMC Marine

Bureau Veritas has reinforced its position in value-added marine services with the acquisition of leading international consultancy TMC Marine Ltd.

TMC has been providing pre and post casualty advice and ...

NAT acquires four crude oil Suezmax tankers

Nordic American Tankers Limited ("NAT") announced that it has entered into an agreement to acquire four existing Suezmax sister vessels built in Japan at a world-class shipyard. The aggregate price ...

CMA CGM’s proposed acquisition of NOL approved by the European Commission

CMA CGM, a global leader in container shipping, today announces that it has received approval from the European Commission for its pending acquisition of Neptune Orient Lines (NOL), Southeast Asia ...

APM Terminals completes acquisition of Grup Maritim TCB

APM Terminals has completed the USD 1 billion acquisition of Spanish Grup Maritim TCB’s port and rail interests. APM Terminals has yet to receive approval for three of 11 ...

Diana Shipping to acquire three Panamax vessels

Diana Shipping Inc., a global shipping company specializing in the ownership of dry bulk vessels, announced that it has signed, through three separate wholly-owned subsidiaries, three Memoranda of Agreement to ...

Boskalis acquires market leader in German dredging sector

Royal Boskalis Westminster N.V. (Boskalis) has reached a heads of agreement with STRABAG SE for the acquisition of the dredging activities and assets of STRABAG Wasserbau GmbH, formerly known ...

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