Applied Weather Technology, Inc. (AWT) announced the conclusion of an agreement with weather specialist company StormGeo under which the full shareholders stock in the company has been acquired by Norwegian based StormGeo A/S .Following the acquisition…
Teekay Offshore GP LLC., the general partner of Teekay Offshore Partners L.P. announced that it has agreed to issue 1.75 million common units in a private placement to an institutional investor for proceeds of approximately $53.4 million (excluding…
Aker ASA has acquired 16,440,000 shares in Aker Solutions ASA at a price of NOK 115 per share. The shares were acquired after close of markets yesterday through an accelerated book-building process managed by ABG Sundal Collier Norge ASA and Arctic Securities ASA…
Bibby Ship Management Group Ltd. announced the acquisition of Murray Fenton (India) Surveyors Limited. The acquisition was made via Bibby Ship Management India Pvt. Ltd., and will see India’s service offering expand into marine, cargo and offshore surveying including marine audit services…
Miros AS, a Norwegian leading global producer of oceanographic remote sensing equipment and advanced Met Ocean systems, acquired Aberdeen based Muir Matheson Ltd. on November 1, 2012 to strengthen the company’s presence in the oil and gas Market…
Scandinavian Shipping & Logistics AB, owned by the Swedish transport group Greencarrier AB, has merged with Neptumar AB, which is owned by the German transport group Menzell & Döhle. The new company will operate under the name of Scandinavian…
Resolve Marine Group, based in Fort Lauderdale, Florida has agreed to acquire Magone Marine Services of Western Alaska. The result, say Resolve, will be a greatly expanded, emergency response and marine services company that combines the…
The North of England P&I Association Limited (North) and Sunderland Marine Mutual Insurance (SMMI) Company Limited are discussing a possible merger. The decision by the boards and senior management teams of the two north-east England based mutuals follows a strategic alliance…
Caterpillar Inc. signed a definitive agreement to acquire Johan Walter Berg AB, including its core brand of Berg Propulsion, a leading manufacturer of mechanically and electrically driven propulsion systems and marine controls for ships. With the acquisition…
Reference is made to the stock exchange announcement of 6 May 2013, in which Odfjell announced its signing of the definitive agreements to expand existing joint venture with Lindsay Goldberg to include substantially all of the Odfjell's tank terminals business globally…
COSCO International acquires Germany's Hanyuan to further develop global service network in marine spare parts supply.Yuantong Marine Service Co. Limited, COSCO International’s wholly owned subsidiary mainly engaged in supplying marine equipment and spare parts…
ABB to acquire the Coalville, UK-based manufacturer of drives, controls and motors for industrial and marine applications & automotive test rigs.Dynamotive has about 40 employees and is privately owned. ABB says its owners will continue to work for them…
MSC (Mediterranean Shipping Company) closes the 35% sale of its Terminal Division (Terminal Investment Limited SA) to Global Infrastructure Partners (GIP).MSC and Global Infrastructure Partners and a group of its LP Co-Investors have closed…
Houston-based Forum Energy Technologies agrees to acquire Blohm + Voss Oil Tools from STAR Capital Partners Limited (STAR), a London based private equity firm.Completion of the transaction is subject to certain customary closing conditions…
Harkand, the international subsea inspection, repair, maintenance and light construction group, announced an agreement to acquire the main assets and business of Veolia Marine Services (VMS). The acquisition will add 150 onshore and offshore staff…
