Mergers & Acquisitions News


New Management in Muir Matheson

Oct 15, 2013

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 Expands Range of Services

Oct 08, 2013

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 Acquires Magone Marine Services

Aug 28, 2013

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…

P&I Clubs Mull Merger

Aug 13, 2013

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 to Acquire Berg Propulsion

Jul 01, 2013

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…

Odfjell Finalizes Transaction with Lindsay Goldberg

Jun 19, 2013

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…

China's COSCO Acquires German Marine Equipment Firm

Jun 13, 2013

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 Buy UK's Dynamotive Ltd.

Jun 10, 2013

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 Sells Off Part of Its Terminal Division

May 31, 2013

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…

Offshore Equipment Firm Acquisition by Forum Energy

May 29, 2013

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 Set to Acquire Veolia Marine Services

May 20, 2013

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…

Tidewater to Acquire Troms Offshore Supply

May 14, 2013

US Firm, Tidewater, agrees with HitecVision to purchase Norway's Troms offshore, including 5 large PSV's.Tidewater say that the acquisition of Troms Offshore, headquartered in Tromsø, Norway, will expand their global footprint into the Norwegian…

Crowley Enters LNG Market

May 08, 2013

Crowley Maritime Corporation's petroleum services group is entering the Liquefied Natural Gas (LNG) market by acquiring Carib Energy LLC.  Florida-based Carib Energy, founded in 2011, was the first company to receive a small scale, 25-year, LNG export license from the U…

ABB Acquires Los Gatos Research

May 02, 2013

ABB to acquire Los Gatos Research (LGR) adding a new line of high-performance gas analyzers to its measurement business.Los Gatos Research (LGR) of Mountain View, California, is a 19-year-old, nearly 40-person company that provides analyzers…

Deep Sea Mooring Acquired by HitecVision

Apr 29, 2013

HitecVision acquires 100% of Deep Sea Mooring, a subsidiary of Odfjell Drilling, a privately owned international drilling contractor. Deep Sea Mooring is a significant provider of rented mooring equipment, pre-lay mooring solutions and ancillary…

Logistics News

Hong Kong Fire Service gets new Emergency Boat

Hong Kong Fire Service gets new Emergency Boat

Africa’s Mining Industry Providing Opportunities for Bulk Shipping

Africa’s Mining Industry Providing Opportunities for Bulk Shipping

Saudi Global Ports Adds New Cranes

Saudi Global Ports Adds New Cranes

DP World Romania Doubles Container Shipping Capacity in Black Sea Port

DP World Romania Doubles Container Shipping Capacity in Black Sea Port

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