Mergers & Acquisitions News


Greencarrier sets up office in Norwegian Arctic

Feb 01, 2017

Greencarrier Freight Services is establishing a new office in the beautiful Norwegian Arctic. This comes at the heels of a new contract they secured for providing the oil and gas company ENI Norge with transport solutions and port logistics…

New Logistics Center for Port Everglades

Jan 31, 2017

Broward County's Port Everglades will move forward with a public-private partnership with the Port Everglades International Logistics Center, LLC (PE-ILC) for the design, construction, financing, operation and maintenance of a new logistics center at the Port…

GPH to Acquire cruise terminal

Jan 31, 2017

International law firm Watson Farley & Williams (“WFW”) has advised Turkey-based cruise port operator Global Ports Holding (“GPH”) on the acquisition of stakes in companies managing cruise terminals in Italy.Specifically, GPH acquired stakes in the companies managing the Cagliari (Sardinia)…

TFI International Acquires Cavalier Transportation

Jan 30, 2017

TFI International, formerly known as TransForce, a North American leader in the transportation and logistics industry, has announced that a wholly-owned subsidiary of TFI International has acquired Cavalier Transportation Services Inc. Cavalier's…

Eimskip Acquires Mareco in Belgium

Jan 25, 2017

Eimskip has strengthened its position in worldwide reefer logistics services by acquiring 80% of the forwarding company Mareco N.V. The company was founded in 2002 and its headquarters are located in Antwerp,Belgium. The current management team…

Hill Dickinson to operate as single entity in Hong Kong

Jan 24, 2017

International law firm Hill Dickinson has announced that its application to operate as a single entity in Hong Kong has been approved by the Law Society of Hong Kong following the completion of a three year period of association with a local Hong Kong firm…

OOIL, COSCO Deny Deal Rumors

Jan 22, 2017

China Cosco Shipping Corporation Limited (Cosco Shipping) and Orient Overseas (International) Limited (OOIL)  denied reports that they are in negotiations for Cosco Shipping to take over OOIL subsidiary Orient Overseas Container Line (OOCL)…

HMM Acquires 20% Stake in Long Beach Terminal

Jan 19, 2017

South Korean shipping line Hyundai Merchant Marine Co. (HMM) said it will buy a fifth of the company that runs the biggest container terminal at Long Beach Total Terminals International terminal (TTI), Calif., the U.S.’s second-largest port…

Yang Ming Rules Out Merger

Jan 18, 2017

The chairman of  Taiwan's Yang Ming Bronson Hsieh has ruled out a merger with a boxship rival.  According to him, the world's ninth-largest shipping firm has never considered the possibility of merging with another operator and does not intend to do it now…

Stellar Value Acquires majority stake in Kelvin Cold Chain

Jan 09, 2017

Stellar Value Chain Solutions, a third party supply chain and logistics company serving consumption driven sectors in India, today announced the acquisition of a majority stake in Kelvin Cold Chain (“Kelvin”), a leading integrated cold chain logistics business…

HMM in New Alliance Deal

Jan 03, 2017

Hyundai Merchant Marine (HMM) said it has signed an agreement with intra-Asia trade carriers Heung-A Shipping and Sinokor Merchant Marine to form a container shipping alliance called the HMM + K2 consortium.The HMM + K2 consortium, which…

GAC Opens new office in Taiwan

Jan 03, 2017

GAC has set up a new office in Kaohsiung, Taiwan to cater to the growing demand for ship agency services in the country.Since entering the Taiwanese market in 1999, GAC’s prime focus has been on its mainstay logistics business, and it has…

TFI Acquires National Fast Freight

Dec 30, 2016

TFI International Inc., formerly known as TransForce Inc., a North American leader in the transportation and logistics industry, has announced that a wholly-owned subsidiary of TFI International has acquired Brampton, Ontario based National Fast Freight (NFF) from Calyx Transportation Group…

HPH Trust Acquires Major Stake in Huizhou Terminal

Dec 30, 2016

Hong Kong Container port business trust Hutchison Port Holdings Trust (HPH Trust) has reached an agreement to purchase a majority stake in Huizhou International Container Terminals Limited (HICT) in Guangdong from the trust’s sponsor for about $86…

France May Step in on Shipyard Sale

Dec 30, 2016

France may intervene in the sale of the Saint-Nazaire shipyard by bankrupt South Korean shipbuilder STX if the French government's conditions are not met, Industry Minister Christophe Sirugue said.'The government is fully mobilised and will not hesitate to use all of the levers at its disposal…

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