Svanehoj, an ITT company, acquired Germany-based Köhler & Hörter GmbH (KOHO Kompressorsysteme, or KOHO), a family-owned company specializing in high-quality compressors for a wide range of industries, including shipbuilding. The acquisition closed on October 1, 2025. In recent years, Svanehoj has expanded its position as a supplier of marine pumps, tank control systems, and related service solutions…
Medov Group acquired a majority stake in Programma Mare S.r.l., a historic La Spezia-based company that has modernized traditional packaging methods for the storage and international shipment of yachts.The announcement was made by Giulio Schenone…
The Port of Philadelphia - PhilaPort has acquired the Mustin Yard from Norfolk Southern Corporation, deemed as one of the critical assets for the port’s future growth.Located adjacent to PhilaPort’s SouthPort Marine Terminal, the 152-acre Mustin…
Seatrium has divested its AmFELS Yard located at Brownsville in Texas, in the United States, for a consideration of $50.7 million (S$65 million).The accretive divestment will allow Seatrium to enhance capital and operational efficiencies, while unlocking value from one of its surplus facilities…
South Korea's HD Hyundai Heavy Industries is in talks with multiple companies about buying a U.S. shipyard, a senior company executive said, seeking to tap into President Donald Trump's push to revive America's ailing shipbuilding industry.The…
The Pasha Group, together with The Northwest Seaport Alliance (NWSA), announced Pasha Logistics LLC’s acquisition of certain assets of MacMillan-Piper LLC and Tacoma Transload LLC. The expansion follows the successful completion of an asset…
Dr. Harry S. Banga and Mr. Angad Banga of The Caravel Group announced their acquisition of the International Maritime Institute (IMI), a maritime academy. In addition to its commitment to future seafarers, the Group will leverage IMI’s capabilities to strengthen the training available to its 28…
Mitsui O.S.K. Lines (MOL) has acquired 100% of the membership rights of LBC Tank Terminals Group Holding Netherlands Coöperatief (LBC), one of the world’s largest independent tank terminal operators primarily handling and storing chemicals in Europe and the United States…
Two years after it was founded, Marine Alliance is growing through the acquisition of the renowned London-based insurance broker Speedwell, who will join the current partnership of Marine Assekuranz and Fram Insurance Brokers. Speedwell has…
EXMAR NV announced that today, Saverex NV launched its previously announced voluntary and conditional public takeover offer for all shares ofEXMAR not yet directly or indirectly owned by the Offeror or persons affiliated with it.The initial…
FSG Nobiskrug shipyards has received several offers from potential investors. These are industry-related companies from Germany, not financial investors.This was reported by the provisional insolvency administrators Dr Christoph Morgen and Hendrik Gittermann at an event in Rendsburg on 17 January…
Navig8 TopCo Holdings Inc. announced that it has been acquired by ADNOC Logistics and Services plc.Navig8 is an international shipping pool operator and commercial management company with a modern owned fleet of 32 tankers and a presence in 15 cities across five continents…
All Energies Services Group (AES Group) has announced the acquisition of CWind Ltd, a market provider of offshore wind services, from private equity firm Inspirit Capital.This strategic acquisition marks a significant milestone in AES Group's…
Achilles Information Ltd (“Achilles”) announced that it has acquired the assets of Global Risk Management Solutions (GRMS), a provider of supplier risk management programs based in Irvine, California. This latest transaction builds on the success…
Crowley expanded its harbor services capabilities through the acquisition of Main Line Inc., a vessel mooring company based in Seattle, effective January 1, 2025.Main Line is a longtime provider of vessel mooring services in the Pacific Northwest for ship operators…
