Tag archives: acquisition

CMA CGM to acquire NOL, reinforcing its position in global shipping

CMA CGM, a global leader in container shipping, announces a pre-conditional voluntary general cash offer for Neptune Orient Lines (NOL), Southeast Asia’s largest container shipping company (SGX: N03), subject ...

MAN Diesel & Turbo acquires Cryo’s Marine Fuel & Bunkering Business

MAN Diesel & Turbo Sverige AB, a wholly owned subsidiary of MAN Diesel & Turbo SE (part of MAN and Volkswagen Group), acquires the marine fuel gas supply system (FGSS) business from ...

APM Terminals signs agreements to acquire 100% of Grup Maritim TCB


APM Terminals announces the agreement to purchase the remaining 39% shareholder of Grup Maritim TCB. On 8 September 2015, APM Terminals announced the agreement with Perez y Cia to acquire ...

Danaos acquires 3 containerships through new joint venture

Danaos Corporation, one of the world's largest independent owners of containerships, announced the acquisition of three vessels through a newly-formed joint venture, capitalizing on depressed asset prices in the ...

Jan De Nul Group acquires jack-up heavy lift vessel

On Tuesday 15 September, Jan De Nul Group signed the taking-over of the offshore jack-up crane vessel Vidar, formerly operating for the German company Hochtief. “With the Vidar in our ...

Bureau Veritas acquires HydrOcean, an innovative company in the maritime industry

Bureau Veritas has finalized the acquisition of HydrOcean, a French engineering company specialized in hydrodynamic digital simulation for the maritime industry.

Established in 2007, HydrOcean provides design support for the ...

APM Terminals to acquire Grup Maritim TCB and its 11 container terminals

APM Terminals has reached an agreement with Perez y Cia to acquire their majority stake in the Barcelona-based Grup Maritim TCB and its maritime services’ container terminal portfolio in Europe ...

Keppel enhances capabilities with acquisition of LETOURNEAU jackup rig designs

Keppel Offshore & Marine (Keppel O&M) has through its wholly owned subsidiary, Keppel Offshore & Marine USA, Inc., entered into a Stock and Asset Purchase Agreement with Cameron International Corporation (Cameron ...

Tanker Investments Ltd. Completes acquisition of six Suezmax tankers

Tanker Investments Ltd. has now completed the acquisition and taken delivery of all six of the Suezmax tankers it agreed to acquire in late-2014. The Suezmax tankers are now in ...

APM Terminals acquires Italian Reefer Terminal

APM Terminals and GF Group are pleased to announce the acquisition of 100% of Reefer Terminal S.p.A. by APM Terminals has been completed. Terms and price were not ...

Teekay Tankers agrees to acquire 12 modern Suezmax tankers

Teekay Tankers Ltd. has announced that it has agreed to acquire a fleet of 12 modern Suezmax tankers currently owned by Principal Maritime Tankers, a portfolio company of funds managed ...

Ocean Yield to acquire four LR2 product tankers

Ocean Yield ASA has agreed to acquire four newbuilding 115,000 dwt LR2 product tankers for a total consideration of USD 198.1 million, in combination with 13 years "hell ...

Stolt Tankers acquires three ships for European regional fleet

Stolt-Nielsen Limited announced that Stolt Tankers B.V. has agreed to acquire three 5,800 dwt fully stainless steel parcel tankers from Odfjell Tankers AS.  The ships, which were built ...

GasLog Partners announces acquisition of three vessels from GasLog Ltd.

GasLog Partners LP and GasLog Ltd. announced that they have entered into an agreement for the Partnership to purchase from GasLog, the sole member of the Partnership’s general partner ...

Euronav: Acquisition of four existing VLCCs under construction

Euronav has entered into an agreement for the acquisition through resale of four VLCCs which are completing construction at Hyundai Heavy Industries for an aggregate purchase price of USD 384 ...

Ship Finance acquires three 9,000 TEU containerships

Ship Finance International Limited announced the agreement to acquire three containerships from an unrelated third party.

The vessels are currently under construction and are expected to be delivered to Ship ...

SFL to acquire eight Capesize dry-bulk carriers

Ship Finance International Limited recently announced the agreement to acquire eight Capesize dry-bulk carriers from subsidiaries of Golden Ocean Group Limited ("Golden Ocean").

The vessels are named Golden Beijing, Golden ...

Diana Shipping announces new acquisitions

Diana Shipping Inc., a global shipping company specializing in the ownership of dry bulk vessels, announced that on April 27, 2015 it signed, through a separate wholly-owned subsidiary, a Memorandum ...

Meyer becomes 100% owner of Turku shipyard

The Meyer family, operating the shipbuilding company Meyer Werft in Germany, and the Finnish State acquired Turku shipyard from STX Europe in September 2014. Meyer Werft took up 70 percent ...

Genco Shipping & Trading to acquire Baltic Trading

Genco Shipping & Trading Limited and its subsidiary Baltic Trading Limited announced that they have entered into a definitive merger agreement under which Genco will acquire Baltic Trading in a stock-for-stock ...

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