Mergers & Acquisitions News


Costa Diadema Presented in Marghera

Oct 27, 2014

Costa Diadema the fifteenth ship and new flagship of Costa Cruises fleet, was presented today by Costa Cruises and Fincantieri. Costa Cruises has invested a total of around 550 million euro in the construction of the Costa Diadema at Fincantieri shipyard in Marghera…

WFW Advises ING Bank on $340m Loan Facility for Euronav

Oct 24, 2014

Watson, Farley & Williams (WFW) has advised ING Bank N.V. (ING) as sole bookrunner and facility agent for a syndicate of banks on a $340 million loan facility made available to Euronav NV.The facility is comprised of a $192m term loan facility and a revolving credit facility of up to $148m…

DP World Receives 1st Scheduled Vessel at New Terminal

Oct 24, 2014

DP World has yesterday welcomed the first scheduled vessel to call at its new Container Terminal 3 in Jebel Ali, Dubai, as it gears up to serve customers at the state-of-the-art facility.The ‘APL Phoenix’ was welcomed by DP World Chairman…

Foster Wheeler & MDM Engineering Merged

Oct 24, 2014

Foster Wheeler AG announced today that an indirect wholly owned subsidiary of the Company has completed the acquisition of MDM Engineering Group Limited (“MDM”) on terms consistent with the merger implementation agreement entered into on March 12…

Technip & Fluor Bag RAPID UIO Project

Oct 24, 2014

Technip, in a joint venture with Fluor, was awarded an engineering, procurement and construction management contract by PRPC Utilities and Facilities Sdn. Bhd. for the PETRONAS Refinery and Petrochemical Integrated Development (RAPID) project located in the state of Johor…

FMT Orders Another Towboat from Eastern Shipbuilding

Oct 23, 2014

Eastern Shipbuilding Group, Inc. is pleased to announce that Florida Marine Transporters, Inc. of Mandeville, LA exercised another additional 90’x32’x10’ “Canal Class” Inland Towboat to the six (6) vessel program currently under contract…

Glacier Energy Services Appoints New Heat Transfer Division MD

Oct 22, 2014

Energy  sector service group Glacier Energy Services confirmed the appointment of Jim McAleese as managing director of its newly-formed heat transfer division.McAleese, 51, will lead Glacier's heat transfer repair and refurbishment services business…

B COOL Acquires MEMAC

Oct 21, 2014

With the acquisition of MEMAC, B COOL A/S now offers customers one entry to multiple maritime systems – both refrigeration solutions and monitoring of the engine rooms and other technical plants of the ships. B COOL A/S said it has acquired MEMAC…

TRIYARDS Buys into Aluminium Shipbuilding Expertise

Oct 21, 2014

TRIYARDS Holdings Limited, an offshore vessel fabrication and engineering solutions provider to the oil and gas (O&G) industry, has added new capabilities, products and clients with its latest acquisition of experienced shipbuilding and fabrication companies…

Salamander Energy Updates on SONA Transaction

Oct 21, 2014

Salamander Energy said it has submitted a draft shareholder circular to the Financial Conduct Authority in relation to previously stated plans to divest of an interest in the Greater Bualuang Area.Salamander had announced on July 21 the…

No Merger of Yara & CF Industrie

Oct 18, 2014

Yara International ASA and CF Industries have terminated their discussions regarding a potential merger of equals transaction. 'This has been a constructive process, with solid work by both parties. We were able to identify significant structural and operational synergies…

KBR, Daewoo win Eni FLNG FEED

Oct 18, 2014

KBR Inc. announced today that the KD Consortium, consisting of KBR and Daewoo Shipbuilding & Marine Engineering Company, Ltd, has been awarded a front end engineering design (FEED) contract by Eni East Africa SpA for a floating liquefied…

GeoSea acquires HOCHTIEF Offshore Assets

Oct 18, 2014

DEME’s marine engineering specialist GeoSea acquires offshore assets of HOCHTIEF, one of Germany’s leading international construction groups. HOCHTIEF is selling offshore assets to marine contractor and long-term partner GeoSea. GeoSea has…

COWI NA Merges its Marine Companies

Oct 17, 2014

Ben C. Gerwick, Inc. and Ocean and Coastal Consultants, Inc. merger creates new player in the North American marine engineering marketCOWI North America, Inc. (COWI NA) announced that its two marine companies, Ben C. Gerwick, Inc. and Ocean and Coastal Consultants…

ST Marine Celebrates Naming of RNOV Al Seeb

Oct 15, 2014

Singapore Technologies Marine Ltd (ST Marine), the marine arm of Singapore Technologies Engineering Ltd (ST Engineering), held the naming ceremony today for the first Patrol Vessel (PV) built for Royal Navy of Oman (RNO). The Guest-of-Honour…

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