Konecranes to buy certain assets of the container handling truck business of KION Group-owned Linde Material Handling. • Konecranes to acquire certain assets of the container handling truck business of KION Group’s Linde brand •…
Lineage Logistics, a warehousing and logistics company sponsored by Bay Grove Capital LLC, announced today that it has acquired the assets of Seattle Cold Storage (SCS) and its facilities located in the Port of Tacoma and Algona, WA. The acquisition…
Classification society BV acquire LVQ-WP, a German group specializing in non-destructive testing (NDT) and industrial inspection services. Founded in 1994, LVQ-WP is headquartered in Muelheim in the Rhein-Ruhr area, which is a strategic industrial cluster in Germany…
The shareholders of Hapag-Lloyd and Hamburg Süd have jointly concluded to discontinue talks temporarily.Hamburg Süd say they do not wish to comment publicly on the subject matter of the points under discussion. It does, however, expressly…
The Safariland Group, a manufacturer of protective products and equipment primarily for law enforcement and the military, has acquired Mustang Survival and its related entities, Mustang Survival Inc. and Mustang Survival Mfg., Inc. (collectively…
GL Garrad Hassan was technical adviser to Mitsubishi Corporation (MC) on their recent acquisition of a 49% stake in the BorWin1 and BorWin2 German offshore high-voltage, direct current (HVDC) links. The company acted as the sole technical…
Bureau Veritas to acquire Sievert Group, a leading provider of non-destructive testing & inspection services, notable for oil & gas pipelines work.Established in 1986, Sievert has developed a comprehensive suite of services meeting the needs of industrial sectors…
China Cosco plans to sell Cosco Logistics to state-backed parent company China Ocean Shipping. The unit may be valued at about seven billion yuan, and the company is also considering selling other assests to China Ocean to raise as much as an additional 20-billion yuan…
Teledyne Technologies Incorporated announced today that it has completed the acquisition of RESON. RESON, headquartered in Slangerup, Denmark, provides high-resolution marine acoustic imaging and measurement solutions. The acquired company will operate under the name Teledyne RESON…
Aker Solutions acquires managed pressure drilling specialist Managed Pressure Operations (MPO).Managed Pressure Operations International, Ltd. (MPO) is a company that has successfully developed the next generation of continuous circulation…
Dockwise publish audited annual accounts for 2012, having earlier published an unaudited version.The unaudited 2012 results were first disclosed as part of the publication by Dockwise of the Q4 2012 results on 13 February 2013.Performance…
Nautilus Marine Acquisition Corp. announce closing the purchase of Cypriot vessel owner Assetplus Ltd., & expiry of its tender offer.Greece's Nautilus Marine Acquistion describes itself as a newly-organized 'blank check' company (meaning that…
Kobelt enters a new era with retirement of Jack Kobelt and acquisition of company by US investment company Bow River Capital Partners.Jack Kobelt founded Kobelt Manufacturing from his basement in 1962, developing unique, hand-engineered components for the marine industry…
Dockwise supports combination with Boskalis and recommends the Boskalis Offer to shareholders.Extracts from the Dockwise statement follow:The Board of Directors of Dockwise has unanimously resolved to support the combination of Dockwise…
As of this week, Damen Shipyards Group is the new owner of Dutch ship repair yard Shipdock. Shipdock, a well-known shipyard group with roots dating back to 1877, operates facilities in Amsterdam and Harlingen. The yard will continue its ship repair and conversion services…
