Two buyout groups have made final offers for the heat exchangers division of German industrial machinery and process engineering group GEA , one of which could be picked for exclusive talks within days, three people familiar with the matter said…
The Denmark-based security advisory and intelligence company Risk Intelligence has acquired the Danish security advisory firm CUSTOS. The acquisition will result in a widening and strengthening of Risk Intelligence expertise for shipowners, offshore…
SBP Holdings, through its wholly owned subsidiary Bishop Lifting Products, has completed the acquisition of Delta Rigging & Tools headquartered in Houston, Texas.Bishop Lifting Products and Delta Rigging & Tools specialize in the fabrication and distribution of slings…
North America’s energy revolution is starting to have a profound impact on the maritime and offshore sectors.North America is undergoing a gradual revolution in energy production, and the transformation has begun to have a profound impact on the maritime and offshore sectors…
National Response Corporation (NRC) announced the completion of a deal which sees U.K.-based Sureclean Limited become part of the NRC group. NRC is a global provider of diversified environmental, industrial and emergency response solutions…
Bibby Travel announced the acquisition of GAC Travel Limited with effect from March 1, 2014. The deal will see GAC Travel integrated within Bibby Travel, a trading division of Bibby Ship Management Ltd in western Europe.Ed Rimmer, Chief Executive Officer…
North of England P&I Association (North) and Sunderland Marine Mutual Insurance Company Limited (SMMI) merged to form the North Group on Friday 28 February 2014 following approval by the Bank of England’s Prudential Regulatory Authority and other U…
Maritime consultancy firm MirTac announced that Conquest Offshore has purchased the Star software and related database and implementation services. Conquest Offshore will be implementing the maintenance, purchase and safety management software both in the office as well as onboard its fleet…
The McLean Group announced that it acted as the exclusive mergers and acquisitions (M&A) advisor to 3 Phoenix, Inc. (3 Phoenix) in its sale to Ultra Electronics Holdings plc (Ultra) for an initial cash consideration of $70 million. Additional…
Lloyd's Register Energy provides insight into operational integrity at the 2014 Australasian Oil & Gas Exhibition and Conference, February 19-21. The event will showcase Lloyd’s Register Energy’s (LRE) capability in the oil and gas sector…
The members of North of England P&I Association (North) and Sunderland Marine Mutual Insurance Company Limited (SMMI) have voted in favor of the clubs' recent proposals to merge. A target date of February 21, 2014 has been set for the merger…
Applied Weather Technology, Inc. (AWT) announced the conclusion of an agreement with weather specialist company StormGeo under which the full shareholders stock in the company has been acquired by Norwegian based StormGeo A/S .Following the acquisition…
Teekay Offshore GP LLC., the general partner of Teekay Offshore Partners L.P. announced that it has agreed to issue 1.75 million common units in a private placement to an institutional investor for proceeds of approximately $53.4 million (excluding…
Aker ASA has acquired 16,440,000 shares in Aker Solutions ASA at a price of NOK 115 per share. The shares were acquired after close of markets yesterday through an accelerated book-building process managed by ABG Sundal Collier Norge ASA and Arctic Securities ASA…
Bibby Ship Management Group Ltd. announced the acquisition of Murray Fenton (India) Surveyors Limited. The acquisition was made via Bibby Ship Management India Pvt. Ltd., and will see India’s service offering expand into marine, cargo and offshore surveying including marine audit services…