Mergers & Acquisitions News

 

TASI Acquires SignalFire Telemetry

Aug 29, 2015

TASI HOLDINGS INC. announced today it has completed the acquisition of all shares of SignalFire Telemetry, located in Hudson, Massachusetts.  This new acquisition is strategic to the growth model of TASI, and adds an exciting new wireless communication component to TASI’s Founded in 2006…

CESG Ltd Emerges from Management Buyout

Aug 28, 2015

Following a management buyout, Neil Carrington, Chief Executive of CES Guernsey, has fully taken the helm and rebranded the company to CESG Limited.The new name change, with immediate effect, will allow the new management team to ensure…

IRS Opens Office in Abu Dhabi

Aug 28, 2015

Indian Register of Shipping (IRClass), a leading Classification Society, today announced it has opened offices in Abu Dhabi.Abu Dhabi is the second office location for IRClass in the Middle East, following Dubai, and reflects the society’s strong commitment to the region…

CFSAI Shifts to New Office in New Mumbai

Aug 28, 2015

Container Freight Station Association of India (CFSAI) has set up a full-fledged Secretariat and moved to its new office at “Anchorage Building” in Dronagiri  Node on 26th August 2015. Mr. Sanjeev Behari, IRS,  Chief Commissioner of Customs…

NYK Mulls Ownership of Canola Oil Venture

Aug 26, 2015

NYK has concluded a contract with United Green for partial ownership of a canola flower field along the Sanriku shoreline, an area that suffered extensive damage from the tsunami that accompanied the Great East Japan Earthquake in 2011. United…

Anglo-Eastern and Univan Set Sail Together: Largest Ever Ship Management Merger

Aug 26, 2015

There has been a great deal of merger activity in the shipping industry over the past few years, especially amongst owners, but, Anglo-Eastern Group and Univan Group have reached an agreement, with the culmination of the largest ever merger of independent…

New Man at Helm of O&G Crisis Center in Aberdeen

Aug 25, 2015

STIRLING Group, a global provider of health, safety and environmental services to the oil and gas industry, has appointed Alan McIntyre to head up emergency response and crisis management consultancy services in the UK which includes the running of the $394…

LNG Inks Global Alliance Pact with Siemens, EthosEnergy

Aug 24, 2015

Liquefied Natural Gas Limited  is entering into two additional  key  supplier  alliance  agreements  (SAA)  with  Siemens  Energy  Inc.   and EthosEnergy  Group, respectively.  These  agreements  call  for  LNGL  to  work collaboratively…

Hanssons Increase Stake in NAT

Aug 21, 2015

Tanker shipping firm Nordic American Tankers Limited (NAT) announced that chairman and CEO, Herbjorn Hansson, and his family have increased their holding in the company.  According to NAT, a company owned by Herbjorn Hansson and his son…

Dorian Takes Delivery of 'Constitution'

Aug 21, 2015

Dorian LPG Ltd.  a leading owner and operator of modern Very Large Gas Carriers ('VLGCs'), reported today that it took delivery of the ECO VLGC Constitution from Hyundai Samho Heavy Industries. Constitution, Dorian LPG's eighth newbuilding delivery, will be operated in the Helios LPG Pool.

Lowrance, Phoenix Boats Join Forces

Aug 20, 2015

Lowrance, a world-leading brand in fishing electronics since 1957, announced today its renewed OEM partnership with Phoenix Bass Boats. Under the terms of the renewed three-year agreement, Lowrance is the standard electronic equipment on all Phoenix high-performance bass boats…

Brookfield Acquires Australian Port and Railroad Operator for $8.6-billion

Aug 19, 2015

A group lead by Brookfield Infrastructure Partners, a global asset manager, had reached an agreement to buy the Australian port and railroad operator Asciano for about $8.8 billion in cash and stock, and that it was shopping for ports farther afield in a push to expand…

Dynagas, GasLog, Golar LNG Team up to Operate LNG Carrier Pool

Aug 18, 2015

Dynagas Ltd., GasLog Ltd. and Golar LNG Ltd today jointly announced having entered into an LNG carrier pooling agreement to market their vessels, which are currently operating in the LNG shipping spot market.The LNG Carrier Pool allows…

Drewry: Cosco, CSCL Merger to Shake up Container Shipping

Aug 18, 2015

Industry analyst Drewry believes that the proosed merger between Chinese state-owned companies, Cosco and China Shipping Container Lines (CSCL), could cause a domino effect on existing carrier alliances and further carrier mergers in Asia damaging to industry competition…

Merged Anglo-Eastern & Univan Set Sail

Aug 14, 2015

Anglo-Eastern Group and Univan Group have reached an agreement which culminates as the largest ever merger of independent, third-party ship management companies, now known as the Anglo-Eastern Univan Group. Already in the top three global ship management companies…

Logistics News

Paul Pathy of Fednav Elected BIMCO President

Paul Pathy of Fednav Elected BIMCO President

New $1.2B Subsea Cables Factory Plan Set to Transform Port of Tyne

New $1.2B Subsea Cables Factory Plan Set to Transform Port of Tyne

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Barcelona to Get New Finished-Vehicle Logistics Terminal

Phase 1 of Gdynia Quay Upgrade Complete

Phase 1 of Gdynia Quay Upgrade Complete

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