Mergers & Acquisitions News

 

Aker Solutions Buys US Water De-oiling Company

Jan 03, 2013

Aker Solutions buys California-based Separation Specialists Inc., provider of produced water de-oiling products & field services.Aker consider that the acquisition will strengthen the international oil services company's position in the produced water de-oiling segment…

STX Europe Sells Norwegian Shipyard

Jan 02, 2013

STX Europe AS sells STX Norway Florø AS and STX Norway Design Florø AS to Westcon Group AS.STX Europe completes the sale of all of the shares in its wholly owned subsidiaries STX Norway Florø AS and STX Norway Design Florø AS to Westcon Group AS…

US Joiner Acquires JCI Metal Products

Dec 31, 2012

Both companies supply needs of the marine equipment market in the commercial and defense sectors.JCI, headquartered in San Diego, CA with additional operations in Pearl Harbor, HI., is a leading provider of maintenance, repair and overhaul (MRO) services focusing on habitability…

Matson Acquisition Extends South Pacific Reach

Dec 26, 2012

Matson, Inc. agrees to acquire the primary assets formerly owned by Reef Shipping, a South Pacific shipping company based in Auckland, New Zealand.The assets to be acquired include four vessels and approximately 1,500 pieces of container equipment…

Fincantieri to Take Controlling Interest in STX Offshore

Dec 20, 2012

Fincantieri signs agreement for the acquisition from STX Europe of 50.75% of STX OSV, leading offshore vessel constructors.With 21 shipyards in 3 different continents, nearly 20,000 employees and revenues of Euro 4 billion, the Fincantieri Group is doubling its size…

Damen Acquires French Ship Repair Yard

Dec 19, 2012

As of this week, Damen Shipyards Group is the new owner of French shiprepair yard Arno Dunkerque, the only operator for ship repair and conversion in the 3rd largest French port, Dunkirk. The yard will continue its ship repair and conversion services…

Stewart to Lead EnerMech Expansion

Dec 14, 2012

EnerMech has signalled it’s about to step up international expansion with the appointment of mergers and acquisitions expert Ingrid Stewart. Mrs Stewart has joined the mechanical engineering group from investment bank Simmons & Company International…

Gas Turbine Manufacturing Unit Acquired by MHI

Dec 13, 2012

MHI (Mitsubishi Heavy Industries) acquires Pratt & Whitney Power Systems'  'Small & Medium-size Gas Turbine' business unit.Mitsubishi Heavy Industries, Ltd. (MHI) concludes an agreement with United Technologies Corporation (UTC) of the U…

Roanwell Enters Marine Market: Acquires Bees Manufacturing

Dec 04, 2012

US-based Roanwell Corp. purchases Bees Manufacturing LLC gains entry to marine market.Roanwell, a maker of rugged communications equipment and contract manufacturer of high precision close tolerance machined parts, will be able to enter the marine marketplace through the acquisition…

Kirby to Acquire Barge & Tankship Operator Penn Maritime

Nov 28, 2012

Kirby Corporation (Kirby) has signed an agreement to acquire Penn Maritime Inc. (Penn) and Maritime Investments LLC.Penn Maritime is an operator of tank barges and tugboats participating in the coastal transportation of primarily black oil products in the United States…

Dockwise to Review Merits of Intended Offer Boskalis

Nov 26, 2012

Dockwise Ltd. confirms it has received an unsolicited intended offer from Royal Boskalis Westminster N.V. ('Boskalis') for the acquisition of all outstanding shares of Dockwise at an offer price of EUR 17.20 per share cum dividend.  The…

Boskalis Intends to Buy Dockwise

Nov 26, 2012

The addition of Dockwise's activities to the Boskalis group will provide an extensive package of services for clients in the oil and gas sector.Boskalis has invited the Dockwise Board of Directors to discuss the intended offered acqusition…

Aker Acquires Thrum Energy to Increase Atlantic Canada Footprint

Nov 22, 2012

Aker Solutions is buying Canadian asset integrity management (AIM) company Thrum Energy Inc. Thrum Energy is a St. John's, Newfoundland-based asset integrity management company. The company provides a diverse portfolio of quality services to both onshore and offshore assets in Canada…

Aker Pulls the Plug on NPS Energy Acquisition

Nov 21, 2012

Aker Solutions has ended the process to acquire the Dubai-headquartered oil services company NPS Energy.Aker Solutions announced an agreement to buy the shares in NPS Energy on 21 May 2012. The agreement was conditional upon a series of…

BMT Acquire Australian Maritime Consultancy, Oceanica

Nov 20, 2012

BMT Group Ltd , a leading international maritime design, engineering and risk management consultancy acquire Oceanica Consultiong Pty Ltd.The acquisition of Oceanica is intended to further strengthen BMT’s capacity and technical offering in Western Australia’s buoyant market…

Logistics News

Stena Prosperous Bunkers Methanol in Singapore

Stena Prosperous Bunkers Methanol in Singapore

Green Marine Lays Foundation for its New Global Structure

Green Marine Lays Foundation for its New Global Structure

Dredging of Suape’s Outer Channel Completed

Dredging of Suape’s Outer Channel Completed

Senate Environment & Public Works Committee Passes WRDA 2024

Senate Environment & Public Works Committee Passes WRDA 2024

Subscribe for Maritime Logistics Professional E‑News