Mergers & Acquisitions News


Greatship to Buy PSV

Jan 28, 2015

Greatship (India) Limited (GIL), a wholly owned subsidiary of The Great Eastern Shipping Company Limited, has signed a contract to buy a 2015-built 4000 dwt Platform Supply Vessel (PSV). The vessel is expected to join the Company’s fleet during Q4FY2015…

Sino-Global to Acquire Tanker

Jan 27, 2015

Sino-Global Shipping America, Ltd. a shipping agency, logistics and ship management services company, today announced that it has entered into a Memorandum of Understanding (the 'MOU'), between the Company and Rong Yao International Shipping Limited…

Coldharbour Marine's New UK Office

Jan 26, 2015

Coldharbour Marine, long recognised for the design, manufacture and supply of inert gas and fluid handling equipment vessels (FPSOs) has moved into a new 25k sq. ft. headquarters in Linby, Nottinghamshire. All of Coldharbour’s administration…

CEVA Opens 4th Chicago Office

Jan 23, 2015

CEVA Logistics, one of the world's leading supply chain management companies, has expanded its market presence in Chicago with the opening of a fourth facility.The company's Chicago operations near O'Hare International Airport (ORD) now encompass four facilities totaling over 650…

Chevron, SK LNG Trading Ink Deal for LNG Supply

Jan 23, 2015

Chevron Corporation today announced its Australian subsidiaries have signed a binding Sales and Purchase Agreement (SPA) with SK LNG Trading Pte Ltd (SK). Under the SPA, SK LNG Trading, which is part of a leading industrial conglomerate in South Korea…

HII Creates Nuclear Services Company SN3

Jan 22, 2015

Combining Huntington Ingalls Industries’ (HII) S.M. Stoller Corp. and Newport News Nuclear subsidiaries, the company has created Stoller Newport News Nuclear (SN3), a full-service nuclear operations and environmental services company. 'Formation…

Star Bulk's PO to Finance New Builds

Jan 12, 2015

Star Bulk Carriers Corp. announced today that it plans to make an underwritten public offering of its common stock. The Company intends to use the net proceeds from the offering for its new building program and general corporate purposes…

Canbank Venture Acquires Stakes in Anand Teknow Aids Engineering

Jan 10, 2015

Canbank Venture Capital Fund Limited (CVCFL) has picked up approx 5% minority Equity stake in Anand Teknow Aids Engineering India Ltd, a Rs 300 crore closely held Public Limited company manufacturing hi-tech, engineering products for the Oil & Gas sector in India & Gulf…

Kerry to Push India to Give U.S. Companies Greater Access

Jan 10, 2015

Secretary of State John Kerry will push India to make it easier for U.S. companies to do business there on a trip next week that also takes him to Europe to meet officials from Oman, Iran and Bulgaria, U.S. officials said on Friday.Earlier this week…

Russia Sets Clear Agenda for Competitive Opportunity

Jan 09, 2015

Russia’s renewed focus on the commercial shipbuilding industry was set as a key aim by Prime Minister, Dmitry Medvedev in his recent discussions on the development of the sector through 2015. Various industry ministries have been charged with analysing industry prospects until 2030…

MHI, Siemens JV Starts Operations

Jan 08, 2015

Mitsubishi Heavy Industries, Ltd (MHI) and Siemens AG today announced the closing of their joint venture in the field of metallurgical industry. The new company is named Primetals Technologies, Limited and headquartered in London, UK. With…

Blue Water Strengthens portfolio in Lolland-Falster

Jan 08, 2015

In recent years, Blue Water Shipping's port activities have developed rapidly with activities in an increasing number of Danish port. Blue Water now extends its activities within shipbroking and port agency in the ports at Lolland-Falster…

AVEVA Acquires 8over8

Jan 07, 2015

AVEVA Group plc one of the world's leading providers of engineering design and information management solutions has acquired 8over8 Limited from management and certain private individuals.  8over8 is a software business, headquartered in Northern Ireland with operations in North America…

Dorian LPG Acquires the "Corvette"

Jan 06, 2015

Dorian LPG Ltd. reported that on January 2nd it took delivery of the ECO VLGC 'Corvette' from Hyundai Heavy Industries. 'Corvette', Dorian's third newbuilding delivery, will initially trade in the spot market and is the first of 15 deliveries that the Company expects in 2015.

CVCFL Acquires Stakes in ATAEI

Jan 06, 2015

Canbank Venture Capital Fund Limited (CVCFL) has picked up approx 5% minority Equity stake in Anand Teknow Aids Engineering India Ltd, a Rs 300 crore closely held Public Limited company manufacturing hi-tech, engineering products for the Oil & Gas sector in India & Gulf…

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