Mergers & Acquisitions News

 

WTS Acquires Novenco Fire Fighting A/S

Nov 20, 2012

Wilhelmsen Technical Solutions acquires speialist in water-mist technology, Novenco Fire Fighting A/S.“The acquisition of this niche player in water mist technology further strengthens our safety portfolio, taking us an important step closer…

ICTSI Acquires Control of Philippines' Port

Nov 19, 2012

International Container Terminal Services, Inc. (ICTSI) subsribe to shares giving it a 65% share in Hijo International Port Services Corp.International Container Terminal Services, Inc. (ICTSI), through its wholly- owned subsidiary Abbotsford Holdings…

Havyard Group Buys Out MMC

Nov 18, 2012

Norway's Havyard Group AS buys 70 % of the shares in MMC, provider of products & services to the fishing & offshore vessel sectors.MMC has 120 employees and the company’s main office is at Mjølstadneset in Fosnavåg on the west coast of Norway…

Atlantic Petroleum to Gain Foothold Offshore Norway

Nov 15, 2012

Atlantic Petroleum gains entry to Norwegian Continental Shelf energy exploration through acquisition of Emergy Exploration AS.Atlantic Petroleum has issued a voluntary offer for 100% of the shares in Emergy Exploration AS, an independent…

ASL Marine Group Buys Out Vosta & CFT

Nov 13, 2012

Vosta LMG Group of Companies & CFT International acquired by ASL Marine Group subsidiary Leo Dynamische Investering BV.Vosta LMG’s business is complementary to the Group’s current business segments of shipbuilding, ship repair and conversion and ship chartering…

EIVA and Atlas Services Group Join Forces

Nov 13, 2012

The international recruitment company Atlas Services Group and EIVA have joined forces by entering into a collaboration agreement that will include training courses on the EIVA software suite in Atlas Services Group’s training curriculum offered globally…

Passenger Ship Management Companies Merge

Nov 02, 2012

River Advice & International Shipping Partners establish new ship management company 'FleetPro Passenger Ship Management (FleetPro).FleetPro results from the combination of River Advice with 1250 employees and 35 river cruise vessels under management in Europe…

OW Bunker Acquire Bergen Bunkers

Oct 24, 2012

OW Bunker to acquire the entire share capital of marine fuels & lubricants supplier Bergen Bunkers AS.Bergen Bunkers has offices in Bergen and St Petersburg, and provides fuel and lubricants to some of Norway's leading ship owners and operators…

Austal Aquisition Expands Asia-Pacific Capabilities

Oct 05, 2012

Austal acquires Hydraulink NT and its associated business KM Engineering (HKME) in Darwin, Australia,HKME is a leading engineering service provider in northern Australia with well-established operations supporting the Royal Australian Navy…

Triton Acquire LOD Diving Assets, Support Vessel

Oct 03, 2012

Triton Diving acquires the diving assets of Louisiana Oilfield Divers (LOD).Triton Diving Services, an affiliate company of Grey Mountain Partners, acquires diving assets of LOD, including 'Premier Explorer', a 208-foot, 4-point vessel.The…

MSC US N.W. Pacific Asset Acquired by US Joiner

Sep 30, 2012

The purchases by US Joiner affiliates, furniture providers, enable establishment of an office and factory in the US Pacific Northwest.US Joiner is a leading independent domestic provider of turnkey marine joiner and furniture solutions for U…

Mitsubishi Heavy Industries Revamp Singapore Businesses

Sep 28, 2012

MHI to launch new Mitsubishi Heavy Industries Engineering & Services Private Ltd. (MIES) in Singapore, integrating three local afiliated companies.Effective October 1st 2012 Mitsubishi Heavy Industries, Ltd. (MHI) will launch a new company…

Plantation Boat Mart Acquires Hydra-Sports Boat Co.

Sep 27, 2012

Florida boat dealers Plantation Boat Mart & Marina acquire Hydra-Sports Boat Company from M C B C Hydra Sports LLC (Master Craft Boat Company).The new company is know as Hydra-Sports Custom Boats, LLC.Poised to represent an entirely new concept within the boating industry…

C.H. Robinson Worldwide to Acquire Phoenix International

Sep 25, 2012

C.H. Robinson Worldwide to acquire Phoenix International for $571.5 million in cash & about $63.5 million in newly-issued C.H. Robinson stock.Founded in 1905, C.H. Robinson Worldwide, Inc., is a global provider of multimodal transportation services and logistics solutions…

Rolls-Royce to Sell Tidal Generation Ltd to Alstom

Sep 25, 2012

The sale is expected to complete within the next few months, subject to closing conditions.About Tidal Generation Ltd. (TGL)    1.    Rolls-Royce will sell TGL to Alstom UK Holdings Ltd, a wholly owned subsidiary of Alstom.    2.…

Logistics News

Israel Aims to Boost Red Sea Oil Deliveries Despite Environmental Risks

Israel Aims to Boost Red Sea Oil Deliveries Despite Environmental Risks

Compromise Agreements Yield over $2.3 Million in Penalties

Compromise Agreements Yield over $2.3 Million in Penalties

Antwerp Euroterminal Readies Shore Power Facility

Antwerp Euroterminal Readies Shore Power Facility

US Regulator Seeks New Emissions Data from Venture Global LNG

US Regulator Seeks New Emissions Data from Venture Global LNG

Subscribe for Maritime Logistics Professional E‑News