Mergers & Acquisitions News

 

Hamburg Süd Headquarters Being Expanded

Nov 25, 2014

On 21 November 2014, Hamburg Süd laid the foundation stone for the extension to the shipping company’s headquarters in Hamburg. The new building is going up at Willy-Brandt-Straße (WBS) 63 and 65 on the plots adjacent to the traditional Hamburg Süd head office (WBS 59 and 61)…

Fincantieri Sign MoUs with Carnival & CSSC

Nov 24, 2014

Fincantieri, the world leader in the construction of cruise ships, has signed two memorandums of understanding, respectively with Carnival Corporation, the world’s largest cruise line, and with China CSSC Holdings Limited, controlled by CSSC (China State Shipbuilding Corporation)…

Dan-Bunkering Opens Office in Aalborg

Nov 24, 2014

The global bunker company, A/S Dan-Bunkering Ltd., expands its activities with an additional office in Denmark.'We have employed our first trading team in Aalborg and expect to be ready to trade as soon as 1st December, when Dan-Bunkering Aalborg opens…

BEST Readies for Mega Ships

Nov 20, 2014

Hutchison Port Holdings Limited (HPH) subsidiary Barcelona Europe South Terminal (BEST), located at the Port of Barcelona, today held a ceremony for the arrival of three new Quay Cranes (QCs), part of the next phase of expansion to enhance the terminal’s ability to handle mega-vessels…

COSL Takes Delivery of New Semisub

Nov 20, 2014

China Oilfield Services Limited saw successful delivery of the deepwater semi-submersible drilling rig COSLProspector it invested in and commissioned to build in Yantai, Shandong today. This rig has adopted the latest marine engineering design…

Halliburton & Baker Hughes Merger

Nov 18, 2014

Halliburton Company and Baker Hughes Incorporated  today announced a definitive agreement under which Halliburton will acquire all the outstanding shares of Baker Hughes in a stock and cash transaction. The transaction is valued at $78.62 per Baker Hughes share…

“Olympus” Named in Fosnavåg

Nov 17, 2014

Build number 116 from Havyard is called ‘Olympus’. It is the third in the series of Havyard’s 832 design, and, as mentioned, the eighth vessel to be delivered to Global Offshore Services. On Friday night, an Indian ceremony was held on board…

Australian PM Holding Talks on Sub Purchase

Nov 16, 2014

Australia is holding talks with a number of countries on a contract to build replacements for Australia's aging submarine fleet, Prime Minister Tony Abbott said on Sunday at the G20 leaders Summit in Brisbane.Japan has been seen as the…

Merger Talks Feed Energy Sector Deal Speculation

Nov 16, 2014

Talks that could lead to oilfield services provider Halliburton Co buying rival Baker Hughes Inc may herald increased deal-making in the energy business as companies bet on a protracted drop in oil prices, industry bankers said.Competing…

Technip to Modernize Flexi France

Nov 14, 2014

Technip announces an investment over four years to modernize its flexible pipe manufacturing plant, Flexi France, in Le Trait, France. Further strengthening Technip’s expertise and industrial capabilities at the site will reinforce its global position in the production of flexible pipes…

ClassNK Expands Veracruz Office

Nov 14, 2014

Leading classification society ClassNK has announced the expansion of its Veracruz Office in order to better support the growing offshore oil industry in the Gulf of Mexico. The expansion will increase the survey capabilities and management…

GE Opens Global R&D Center in Brazil

Nov 14, 2014

*  Working with Petrobras and BG Group to develop advanced technologies for oil and gas processing on the seabed*  GE’s Brazil Technology Center to focus on subsea oil and gas research, capitalizing on $1.2 trillion offshore market opportunity…

Baker Hughes Confirms Talks with Halliburton

Nov 14, 2014

Baker Hughes Incorporated today confirmed that it has engaged in preliminary discussions with Halliburton Company regarding a potential business combination transaction.  The firm said that the discussions may or may not lead to any transaction…

Seaspan Acquires 6th 10K TEU Boxship

Nov 13, 2014

Seaspan Corporation announced today that it accepted delivery of a 10000 TEU containership, the MOL Breeze. The new containership, which was constructed at Jiangsu New Yangzi Shipbuilding Co., Ltd., is Seaspan's sixth 10000 TEU SAVER design containership delivered in 2014…

SERS Partners IEMS for Enhanced Oil Spill Response Services

Nov 12, 2014

Dubai-based Swire Emergency Response Services (SERS), a fully owned subsidiary of Swire Pacific Offshore group, announced its partnership with Mediterranean-based International Environmental and Marine Services (IEMS) to jointly provide Tier 2/3 response services to clients in Europe…

Logistics News

Russian Drone Hits Two Foreign-Flagged Vessels Near Odesa

Russian Drone Hits Two Foreign-Flagged Vessels Near Odesa

Turkey to Import 210,000 Metric Tons of Feed Barley

Turkey to Import 210,000 Metric Tons of Feed Barley

Senalia Expects Double Grain Shipments in 2025/26

Senalia Expects Double Grain Shipments in 2025/26

US Import Cargo Volume Expected to Remain Down Year-Over-Year Until Spring

US Import Cargo Volume Expected to Remain Down Year-Over-Year Until Spring

Subscribe for Maritime Logistics Professional E‑News

Asia spot prices drop on tepid Demand
Nordics reject Trump’s claim that Chinese and Russian vessels are near Greenland. FT reports
Dar Global and Trump Organization Launch $10 Billion Saudi Developments