Mergers & Acquisitions News

 

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…

Bore and P&O Ferries JV add RoRo Vessel

Oct 15, 2014

Bore and P&O Ferries announces today that they have agreed to add a further RoRo vessel to the long-standing partnership in the North Sea.M/V Estraden will be added to the vessel portfolio sailing for P&O alongside M/V Norsky, M/V Norstream and M/V Bore Song…

Carnival Corp MOU with CSSC to Promote Cruise Industry

Oct 15, 2014

Carnival Corporation & plc the world’s largest cruise company, today announced it has signed a memorandum of understanding (MOU) with the China State Shipbuilding Corporation (CSSC) to explore the possibility of a joint venture aimed at accelerating…

Quebec Stevedoring enters 2nd US Port

Oct 13, 2014

This partnership between OBPA and QSL will create jobs and new maritime transportation opportunities by consolidating international trade in the Port of Ogdensburg. Quebec Stevedoring boosts the port's handling capacity with the expertise…

Canpotex to Invest at Port of Portland Terminal

Oct 13, 2014

Portland is already the largest gateway on the U.S. West Coast for bulk mineral exports, and that gateway is about to get more efficient and diversified with the expansion of the Canpotex Limited (Canpotex) potash export facility at the Port…

Samson Energy to Sell $1 bln Gulf of Mexico Assets

Oct 12, 2014

Oil and gas explorer and producer Samson Energy Company LLC is selling its offshore Gulf of Mexico assets that could fetch more than $1 billion, according to people familiar with the situation.The Tulsa, Oklahoma-based company has tapped Jefferies LLC…

Morgan Stanley says "no assurance" Rosneft Deal Will Close

Oct 12, 2014

Morgan Stanley said on Friday that there is 'no assurance' a deal to sell its physical oil trading business to Russian oil company Rosneft will close.The Wall Street bank cited a contractual requirement to get regulatory approvals by year end…

Navy to Commission USS America

Oct 11, 2014

The Navy will commission its newest amphibious assault ship, USS America (LHA 6), during a 1 p.m. EDT ceremony Saturday, October 11, 2014, in San Francisco, California. Secretary of the Navy Ray Mabus will deliver the ceremony's principal address…

Logistics News

Vietnamese Imports From China and Export to US Reach Record High

Vietnamese Imports From China and Export to US Reach Record High

BIMCO: Brazilian Grain Shipments Up 9% as China Seeks US Alternative

BIMCO: Brazilian Grain Shipments Up 9% as China Seeks US Alternative

HD Hyundai and Maersk Cooperate on Decarbonization and Logistics

HD Hyundai and Maersk Cooperate on Decarbonization and Logistics

Ambrey: RSF Launched Drone Attack on Port Sudan's Container Terminal

Ambrey: RSF Launched Drone Attack on Port Sudan's Container Terminal

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