Neptune Pacific Line, the provider of ocean freight services between Australia, New Zealand and Fiji, said that it has acquired Pacific Direct Line(PDL) from its Singapore based parent holding company, Pacific International Lines (PIL).The acquisition…
UK-based Galloper Wind Farm Ltd recently agreed the sale of its transmission assets relating to the 353 MW Galloper Wind Farm to Diamond Transmission Partners pursuant to the Offshore Transmission Owner (OFTO) regime.The international law firm…
UK-based Galloper Wind Farm Ltd has agreed the sale of its transmission assets to Diamond Transmission Partners, which invests in offshore transmission systems as an Offshore Transmission Owner (OFTO).The 353MW Galloper Wind Farm is owned by innogy SE…
Canadian power producer Northland Power will acquire Dado Ocean Wind Farm, a development company with multiple early-stage offshore wind development sites in South Korea.Dado Ocean is currently owned by Eui Jeong Hwang, a wind power developer…
Dubai-based port operator DP World announced it has completed the acquisition of Fraser Surrey Docks in Canada from Macquarie Infrastructure Partners (MIP) alongside its partner Caisse de dépôt et placement du Québec (CDPQ).The enabler of global…
French LNG containment specialist Gaztransport & Technigaz (GTT) has acquired 100 percent of the share capital of the Icelandic smart shipping specialist Marorka.Based in Iceland and specialized in Smart Shipping, Marorka designs maritime energy monitoring and optimization systems for vessels…
Elengy, a subsidiary of French energy group Engie, has acquired French energy group Total's 27.5% stake in Fosmax LNG, owner of the liquefied natural gas (LNG) terminal at Fos Cavaou in southern France.Elengy now owns 100% of its three LNG terminals: Fos Cavaou…
Danish shipping group A.P. Moller-Maersk said on Wednesday it had agreed to buy U.S. warehousing and distribution firm Performance Team as part of plans to deliver more customized logistics solutions.Maersk said the the value of the deal is $545 million…
Commercial diving company Subsea Global Solutions (SGS) said it has acquired the commercial diving division of T&T Salvage Asia, Pte Ltd. (TTSA), enhancing SGS’ capabilities in Singapore and strengthening its position in the Asia-Pacific region…
The European Commission has approved the acquisition of OLT Offshore LNG Toscana by SNAM and the UK’s First State Investments International (FSI), under the EU merger regulation.According to the Commission, OLT is active in the management of…
London-based international law firm Watson Farley & Williams has advised TUI Cruises GmbH on its acquisition of Hapag-Lloyd Cruises from TUI AG for US$1.3bn, excluding net debt.According to the the transaction is subject to customary closing…
Singapore towage and pilotage company PSA Marine has moved into the South American market with the acquisition of Tramarsa Flota, a Peruvian towage company.Tramarsa Flota and its subsidiaries have been acquired from Grupo Romero. Headquartered in Lima…
Marine cargo handling company DP World has agreed to acquire a majority 51% stake in TIS Container Terminal in the Port of Yuzhny, Ukraine, subject to the satisfaction of certain conditions, including regulatory approval.'Bringing the TIS Container Terminal into DP World's global network of ports…
Upstream companies cut 208 deals worth $156 billion in 2019, with value up $26 billion year-on-year. However, the number of transactions was 40 percent below the five-year trend, pointed out latest report by Deloitte.That, combined with the…
Southeast Asian focused upstream company Coro Energy Plc said that Duyung PSC partners have agreed to a six-month extension for receipt of the necessary Indonesian approvals for the transfer of a 15 percent interest in the Duyung PSC offshore IndonesiaIn February 2019…
