Mergers & Acquisitions News

 

Jifmar Acquire Acta Marine Workboat Business

Dec 11, 2023

Jifmar Offshore Services and Acta Marine have concluded an agreement where Jifmar will acquire all workboat activities of Acta Marine, a deal with includes all 26 workboats, the crews (200 employees), the Netherlands based organisation and all existing contracts…

Bleecker Street Group Acquires Marine Learning Systems

Nov 06, 2023

Software holding company Bleecker Street Group (BSG) announced the acquisition of Marine Learning Systems, an eLearning technology and services provider.Marine Learning Systems is a trailblazer in introducing eLearning methodologies to the maritime sector…

Inchcape Acquires Full Ownership of ISS-McKay

Nov 06, 2023

Inchcape Shipping Services has acquired McKay Shipping Limited's share of ISS-McKay Limited, giving it full full ownership ownership of the joint venture that was set up in 2008to conduct core port agency business in New Zealand.ISS-McKay provides…

Danelec Acquires MacGregor VDR Business

Nov 02, 2023

Danelec, a leader in the production of electronic equipment for the maritime industry, consolidates its market position in the Voyage Data Recorders sector with the acquisition of MacGregor's business in this field. With this investment, Danelec enhances its installed base to a total of 16…

BSG Acquires Maritime Software Company

Sep 21, 2023

Bleecker Street Group (BSG), a global software holding company, announced the acquisition of Ripple, an integrated maritime software company. The acquisition underscores BSG's commitment to the maritime sector, solidifying its position as an…

CMA CGM Completes New York Terminals Acquisition

Sep 01, 2023

CMA CGM announced it has finalized its acquisition of two container terminals in the Port of New York and New Jersey as the France-based shipping and logistics group grows its supply chain presence in the United States.The company announced…

The Marcura Group Acquires ShipServ

Aug 29, 2023

The Marcura Group signed a definitive agreement to acquire ShipServ, a maritime online procurement platform and marketplace. ShipServ’s 126 employees will come together with Marcura’s 850 to serve a combined customer base of 800 maritime customers and a network of 47…

Crowley Acquires Tamarind Consolidated

Jun 30, 2023

U.S. based shipping and logistics company Crowley announced it has acquired Tamarind Consolidated, a logistics services company serving the U.S. to the British Virgin Islands.The acquisition will transition Tamarind’s operations and services…

Carrix to Acquire Ceres Terminals

Jun 26, 2023

Marine terminal operator Carrix announced it has agreed to purchase Ceres Terminals from Macquarie Infrastructure Partners III, a fund managed by Macquarie Asset Management. Financial terms of the transaction were not disclosed.Ceres was established…

DNV Acquires Nixu

Jun 20, 2023

DNV will acquire Helsinki-headquartered cyber security services firm Nixu following a public tender offer which resulted in DNV taking ownership of more than 93% of Nixu’s shares. DNV will combine its cyber security businesses with Nixu following…

Bunge Finalizing $30 Billion-plus Merger with Viterra

Jun 09, 2023

U.S. grains merchant Bunge Ltd is putting the final touches on a deal to merge with Glencore Plc-backed peer Viterra and create an agricultural trading giant worth more than $30 billion, including debt, people familiar with the matter said on Thursday…

NORDEN to Acquire the Thorco Projects Business

May 26, 2023

Danish shipping company NORDEN announced Friday it has entered into an agreement to acquire the Thorco Projects business, providing access to new customers within the general cargo segment such as break bulk, steels and wind energy.Denmark-based Thorco Projects…

Malaysian Tycoon Weighs Selling a Stake in $2.7 Billion Port Business

May 22, 2023

Malaysian tycoon Syed Mokhtar Al-Bukhary is looking at bringing in an investor into MMC Port Holdings - a deal that could value the country's biggest port operator at more than 12 billion ringgit ($2.7 billion), two people with knowledge of the matter said…

Macquarie Expects $1 Billion from Sale of US Port Terminal Operator Ceres

May 09, 2023

Australia's Macquarie Group Ltd is looking to sell its North American port facilities business, Ceres Terminals, for about $1 billion, the Wall Street Journal reported on Tuesday citing sources familiar with the matter.The financial conglomerate…

Stena Line Acquires Ferry and RoRo Port Operations in Ventspils

May 09, 2023

Stena Line announced on Tuesday that it has acquired the operations of the ferry and RoRo terminals in the Port of Ventspils, Latvia, representing the latest in a range of investments in the Baltic region, including the addition of upgraded ferries and new ferry routes…

Logistics News

GAC to Acquire Quadrant Pacific’s Ship Agency Business

GAC to Acquire Quadrant Pacific’s Ship Agency Business

US East Coast Port Union Strike Threat to Test Shippers' Nerves

US East Coast Port Union Strike Threat to Test Shippers' Nerves

Brazil's Container Port Operator Seeks to Avert 'Congestion' Surcharge

Brazil's Container Port Operator Seeks to Avert 'Congestion' Surcharge

Xeneta: US Importers Caught in a Vicious Circle

Xeneta: US Importers Caught in a Vicious Circle

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