Mergers & Acquisitions News

 

Descartes to Acquire IES

Jun 13, 2012

Descartes Signs Definitive Agreement to Acquire Integrated Export Systems Business; Adds a Robust Freight Forwarder and Customs Broker Community Specializing in Processing Shipments Originating in Asia.Descartes Systems Group, the global…

Box Ships to Acquire Two OOCL Vessels

Jun 13, 2012

Box Ships Inc. Enters Into Agreement To Acquire Two Vessels From OOCL And Related Financing Transaction; public offering of preferred shares and warrants commenced. Box Ships Inc. (NYSE: TEU) (the 'Company'), a global shipping company specializing in the seaborne transportation of containers…

Alexander & Baldwin Finalizes Financing

Jun 08, 2012

New A&B Will Have a Well-Capitalized Balance Sheet Providing Strong Liquidity and Financial Flexibility; Receives Favorable IRS Ruling on Tax-Free Nature of Planned Separation. Alexander & Baldwin Holdings, Inc. (NYSE: ALEX)  ('Company')…

Harvey Gulf Acquires Bee Mar's Assets

Jun 07, 2012

Harvey Gulf International Marine’s CEO, Shane Guidry, announced that, on June 4, 2012, Harvey Gulf signed an agreement with Bee Mar, LLC to purchase all of Bee Mar’s vessels and assets. The purchase will include 10 Offshore Supply Vessels…

Drew Marine Acquires Chemring Marine

Jun 06, 2012

Affiliates of Drew Marine (“Drew Marine”) have reached a definitive agreement with Chemring Group PLC (“Chemring”) to acquire Chemring’s maritime interests (“Chemring Marine” or the “Company”) for a cash consideration of £32 million, subject to standard closing adjustments…

IHC Merwede Acquires Wave rotor Technology

Jun 06, 2012

IHC Merwede establishes IHC Tidal Energy and acquires Wave Rotor technology.On 30 May 2012, IHC Merwede signed an agreement to acquire Wave Rotor technology from Ecofys, which is renowned for its expertise in sustainable energy solutions…

Lloyd's Register acquires WEST Engineering Services

Apr 30, 2012

Lloyd's Register acquires WEST Engineering Services to become the top independent provider of technical services to the offshore drilling sector.  Acquisition of WEST, subsea systems specialists, builds support for exploration and production activities…

Nordic Shipholding Sells Chemical Tanker Activities

Apr 30, 2012

Nordic Shipholding A/S completes sale of chemical tanker activities.In continuation of company announcement no. 1/2012 published via NASDAQ OMX on 27 March 2012, Nordic Shipholding A/S (formerly Nordic Tankers A/S) today has completed the…

Jotron Group Merges All Norwegian Operations

Apr 23, 2012

The Jotron Group today announces that it will merge their Norwegian companies; Jotron AS, Jotron Phontech AS and Jotron SatCom AS. The name of the new company will be Jotron AS. Kongsberg Maritime has, as previously announced by the 2 companies in March 2012…

ACL Adds Eight Tank Barges

Apr 16, 2012

American Commercial Lines Expands Liquid Cargo Fleet With Purchase of Eight 20,000 Barrel Capacity Tank Barges. American Commercial Lines (ACL) today announced the purchase of eight 20,000 barrel capacity tank barges from SeaRiver Maritime Inc…

Kongsberg Acquires Jotron Consultas

Mar 30, 2012

Fleet management software joins extensive portfolio of marine technology solutions.Kongsberg Maritime, a leading marine technology developer has today (29th March 2012) acquired 100% of the shares in fleet management software specialist Jotron Consultas…

Bow2Stern Widens Customer Base With Acquisition

Mar 23, 2012

Bow2Stern/Engine Starting Products Announces Asset Acquisition of L&H Electric Co. Inc. Bow 2 Stern Services / Engine Starting Products and its owners Harry “Buster” Naquin and Shane Thibodeaux are pleased to announce the acquisition of the assets of L&H Electric Co…

Stork Nets Contract Extension

Feb 02, 2012

Stork Technical Services heralds rebrand of RBG with multi-million pound contract extension. Stork Technical Services, the leading global provider of knowledge-based asset integrity management services for the chemical, oil and gas and power sectors…

Reservoir Group Adds Companies and Services

Dec 12, 2011

Reservoir Group has strengthened its portfolio of completion and production services with the announcement that two well intervention specialists have joined the ‘club’. The Tool Company, located in Assen, The Netherlands and the Aberdeen-based firm…

Acquisition Boosts RINA Development Services

Nov 18, 2011

Acquisition strongly boosts RINA offshore and port development services. By taking control of the D’Appolonia Group, a global engineering consultancy, international classification society RINA has increased its group turnover by almost 50…

Logistics News

Women in Maritime Day: Shaping the Future of Maritime Safety

Women in Maritime Day: Shaping the Future of Maritime Safety

World's First Hydrogen Fuel Cell RTG Commences Operation

World's First Hydrogen Fuel Cell RTG Commences Operation

Southern Dredging Wins St. Marys Dredging Job

Southern Dredging Wins St. Marys Dredging Job

Maintenance Insights: Davits

Maintenance Insights: Davits

Subscribe for Maritime Logistics Professional E‑News