Mergers & Acquisitions News

 

IRS on Talent Acquisition Spree

Apr 21, 2015

IRClass, the Leading Ship Classification Society has hired 17 of the brightest and best Naval Architecture students from the elite technical institutes of India. IRClass celebrates its 40th Anniversary this year. In keeping with the philosophy of acquiring the brightest talent…

Titan, Svitzer Merger Creates Global Salvage Giant

Apr 21, 2015

Svitzer, salvage division of AP Moller-Maersk and Titan Salvage, a division of Crowley Maritime Corp are merging their salvage operations to create a new market leader.  In this US in shipping’s latest consolidation move, Svitzer is joining…

China Shipbuilders may Merge to Stay Afloat

Apr 19, 2015

The China's four state-run shipping-related companies  are reportedly in the initial phases of combining units in order to beef up the national shipbuilding industry, says local media. The chances of mergers between China Ocean Shipping…

Caterpillar Acquires ESRG Technologies

Apr 17, 2015

Caterpillar Marine has completed the acquisition of ESRG Technologies Group, LLC, a vessel monitoring and data analytics company in the marine industry. The acquisition includes ESRG’s software suite for the remote monitoring and diagnostics…

Thomson Cruises Names New Ship

Apr 16, 2015

Thomson Cruises’ newly acquired Splendour of the Seas will be renamed Thomson Discovery when it joins the company’s fleet in summer 2016 and it will homeport in Palma. Before setting sail under the Thomson name, the ship will undergo a re-brand and refurbishment…

Caterpillar Acquires ESRG Technologies Group

Apr 15, 2015

Caterpillar Marine has announced  it has completed the acquisition of ESRG Technologies Group, LLC, a vessel monitoring and data analytics leader in the marine industry. The acquisition includes ESRG’s comprehensive software suite for the…

Milaha and UACC Mull Tanker Fleet Merger

Apr 14, 2015

Qatar Navigation (Milaha) is in talks with United Arab Chemical Carriers Ltd. (UACC) in the United Arab Emirates (UAE) regarding a possible combination of their respective product and chemical tanker businesses.   Currently Milaha operates…

ARENA opens $20 m R&D round for industry-partnered projects

Apr 13, 2015

The Australian Renewable Energy Agency (ARENA) today announced up to $20 million for a new research and development (R&D) round dedicated to industry-partnered projects that seek to develop and commercialise renewable energy technologies…

Incat Crowther Opens Europe Office

Apr 13, 2015

Incat Crowther reported it has opened an office in Europe.Located in Southampton, United Kingdom, the office has been created to support a growing European client base and meet the demand for Incat Crowther’s products and services in the region…

Aker, Fjords Join Forces

Apr 13, 2015

Aker Solutions and Fjords Processing have formed an alliance to develop technology and capabilities for advanced, cost-effective wellstream separation and treatment solutions for the subsea and topside oil and gas industry.The WellSep…

3Si Group Acquires Richard Irvin Marine Safety

Apr 02, 2015

Safety and Survival Systems International Ltd (3Si) has announced their latest acquisition, Richard Irvin Energy Solutions Marine Safety Division in Scotland, for an undisclosed sum.  The Aberdeen based business is a key supplier into the offshore…

Knightsbridge, Golden Ocean Merger Completed

Apr 01, 2015

Knightsbridge Shipping Limited has completed its previously announced merger with Golden Ocean Group Limited.In connection with the closing of the merger, Knightsbridge will change its name to Golden Ocean Group Limited. Trading in the shares…

Australian Reef Pilots Under New Ownership

Mar 26, 2015

Australian marine pilotage company Australian Reef Pilots (ARP) has been bought by a consortium of its employees. ARP, which services shipping through the Great Barrier Reef, has been sold by the private Brisbane-based company Torres Industries to a group of ARP executives and reef pilots…

3Si Group Acquires International Safety Products

Mar 25, 2015

Safety and Survival Systems International Ltd (3Si), has announced the acquisition of International Safety Products Ltd (ISP), one of the world’s leading lifejacket manufacturers and supplier of safety products and personal protection equipment…

CEVA Opens Distribution Center in Italy

Mar 25, 2015

CEVA Logistics, one of the world's leading supply chain companies, has today announced the opening of a local distribution center for Magneti Marelli After Market Parts and Services, a division dedicated to the independent spare parts network and after sales market…

Logistics News

Liebherr BOS Cranes Celebrates 50 Years

Liebherr BOS Cranes Celebrates 50 Years

Baltic Exchange Launches New TCE Earnings Calculator to Simplify Freight, Emissions Analysis

Baltic Exchange Launches New TCE Earnings Calculator to Simplify Freight, Emissions Analysis

Secretary of State for Wales Hosts Roundtable to Realize Tidal, Wave Energy Potential

Secretary of State for Wales Hosts Roundtable to Realize Tidal, Wave Energy Potential

Okeanis Eco Tankers Share Sale to Fuel Vessel Buys

Okeanis Eco Tankers Share Sale to Fuel Vessel Buys

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