Mergers & Acquisitions News

 

Thomas Miller Acquires Marine Law Firm

Sep 08, 2015

Thomas Miller the international insurance, professional and insurance services provider announces the acquisition of the partners and staff of specialist marine law firm, Davies Johnson & Co of Plymouth.The acquisition brings an additional…

Edelweiss Now Controls Bharati Shipyard

Sep 03, 2015

Edelweiss Asset Reconstruction Company has taken over management control of Bharati Shipyard, says a report in ET. Edelweiss now controls 70% of the Indian yard’s debts. A month ago plans were made to change the yard’s name to Bharati Defence…

Cosco CSCL Merger Talks Continue

Sep 02, 2015

The closed-door talks on what is believed to be merger discussions between Cosco and China Shipping continue, reports local media. According to JoC, the Chinese executives of the carriers have been tight lipped on the discussions, but it…

Euronav Acquires $ 750 mi Facility

Sep 02, 2015

The Executive Committee of Euronav NV today announced that it has signed a new USD 750 million senior secured amortizing revolving credit facility led by DNB Bank ASA and Nordea Bank Norge ASA acting as Coordinators, Mandated Lead Arrangers and Bookrunners and ABN AMRO Bank NV…

Russian JV Close Acquisition of Prime Shipping

Sep 02, 2015

The Russian Joint Venture between Rosneft, Sberbank Investments and Pietro Barbaro S.p.A. closed the acquisition of the Pietro Barbaro Group shipping assets in the Russian Federation (100% share of Prime Shipping group of companies). Prime…

Glosten Acquires Noise Control Engineering

Sep 01, 2015

Seattle-based naval architecture and marine engineering consultancy Glosten, Inc. has acquired Noise Control Engineering LLC (NCE), a consulting firm specializing in ship noise and vibration control.NCE, now a wholly owned subsidiary of Glosten…

Keppel Acquires Cameron's Rig Business

Aug 31, 2015

Singapore's Keppel Offshore & Marine (KOM), via subsidiary, Keppel Offshore & Marine USA  has inked a deal with Cameron International Corporation, a US-based oil and gas solutions provider, to acquire its offshore rigs business for US$100mln…

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…

Logistics News

Maersk Chooses Charlotte for its North American Headquarters

Maersk Chooses Charlotte for its North American Headquarters

Ruling Allows South African Welfare Group to Inspect Vessels

Ruling Allows South African Welfare Group to Inspect Vessels

APM Terminals Invests $550m in Callao Port

APM Terminals Invests $550m in Callao Port

Liebherr BOS Cranes Celebrates 50 Years

Liebherr BOS Cranes Celebrates 50 Years

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