Holland America Line revealed the name of its new 99,500-ton cruise ship slated for delivery in February 2016 will be ms Koningsdam. While the name pays homage to the company’s rich heritage and deep roots in the Netherlands, it also reflects…
Hapag-Lloyd and Compania SudAmericana de Vapores (CSAV) secured conditional European Union approval on Thursday for their tie-up to create the world's fourth-largest container shipping company.The merger is important for the shipping industry…
DHT Holdings, Inc. announced today that it has entered into an agreement to acquire all the outstanding shares of Samco Shipholding Pte. Ltd., a private company incorporated under the laws of the Republic of Singapore. Samco owns and operates…
The Ferguson Group announces that it has been acquired by Brambles Limited for an enterprise value of £320 million.Brambles Limited is a supply-chain logistics company operating in more than 50 countries, primarily through the CHEP and IFCO brands…
European Union antitrust regulators will conditionally clear a deal by Hapag-Lloyd and Compania SudAmericana de Vapores to form the world's fourth-largest container shipping company, two people familiar with the matter said on Friday.The…
Bureau Veritas announced today that it has acquired MatthewsDaniel Ltd, a global provider of loss adjusting and risk assessment services for the offshore industry.Created in Houston, Texas, in 1962, MatthewsDaniel is headquartered in London and has operations in Europe…
Rolls-Royce today announced the completion of its acquisition of Rolls-Royce Power Systems (RRPS). The move follows an announcement made on March 7, 2014 that the Board of Management of Daimler AG had decided to exercise the put option…
NorSea Group (U.K.) Limited is making a major, long-term commitment to the U.K. with the announcement that it will take over operatorship of Smith Quay and Embankment at Peterhead on a 10-year agreement as of September 1. NorSea Group also has…
The McLean Group acted as the exclusive mergers and acquisitions (M&A) advisor to SigInt Technologies, LLC (SigInt) on its purchase by Novetta Solutions, LLC (Novetta), a portfolio company of Arlington Capital Partners. Financial terms of the deal were not disclosed…
OneSubsea™, a Cameron and Schlumberger company, Helix Energy Solutions Group, Inc. and Schlumberger today announced that they have entered into a letter of intent to form an alliance to develop technologies and deliver services to optimize…
Bonds of oil and gas pipeline company Kinder Morgan Inc rallied Monday on expectations that its credit ratings would be boosted to investment-grade following a US$70bn deal to bring all of its publicly traded units into one group.Kinder Morgan's 5% February 2021 bonds jumped to 107 from 101…
Eni to cut over 50 pct of refining capacity; could cut excess Europe capacity by a quarter. Unions fear eventual job losses.Plans by Italian oil major Eni to slash its refining business by more than half could squeeze out a quarter of Europe's refining overcapacity…
Compañía Chilena de Navegación Interoceánica S.A. (CCNI) with headquarters in Valparaiso, Chile, and Hamburg Südamerikanische Dampfschifffahrts-Gesellschaft KG (HSDG) with headquarters in Hamburg, Germany, announce that they have signed a preliminary…
Defence and security company Saab's acquisition of the Swedish shipyard Thyssen Krupp Marine Systems (TKMS, formerly Kockums) has now been completed. The acquisition strengthens Saab's position as a comprehensive supplier of naval military systems…
Semco Maritime and PetroVietnam Marine Shipyard join forces to establish high class rig upgrade player in South East Asia - Vung Tau Rig Services. The initiative shall tap into the growing market for rig upgrades in the region. Semco…
