Mergers & Acquisitions

Enterprise Products Buys Controlling Stake in Oiltanking Partners

Pipeline company Enterprise Products Partners LP said it has acquired a 64.7 percent limited partner interest in crude storage provider Oiltanking Partners LP as

MOL Merges Group Companies; Upgrades Bridge Simulator

MOL adds DPS and enhances safe operation by integrating expertise through merger Mitsui O.S.K. Lines, Ltd. (MOL) announced the merger of MOL Marine Consulting, Ltd.

'Flag Zannis' Delivered

  The Board of Directors of COSCO Corporation (Singapore) Limited announced that COSCO (Dalian) Shipyard Co., Ltd ("COSCO Dalian"), a subsidiary of the Company's 51% owned COSCO Shipyard Group Co.

Norvestor to Become PG’s Largest Shareholder

Norvestor VI, L.P., a fund advised by Norvestor Equity AS, announced it has signed an agreement to invest in Ing Per Gjerdrum AS including its subsidiaries PG Hydraulics AS and PG Construction AS.

Mitsui Procuring 8 LNG Vessels

  President and CEO, Masami Iijima of Mitsui & Co., Ltd. informed that the compnay is currently proceeding with the procurement of eight LNG ships intended to

Penspen Acquires DPS Engineering

Energy services company Penspen has acquired the engineering division of DPS Group.   The acquisition, which increases Penspen’s headcount by 10%, took place in mid-September,

Hamburg Süd Christens “Cap San Antonio”

On Friday, Hamburg Süd celebrated the christening of its container ship “Cap San Antonio” at the Cruise Terminal of Le Havre, France, with customers and business partners.

NAVTOR, AWT Pact Heralds in e-Nav Integration

E-navigation pioneer NAVTOR has signed an agreement with maritime weather routing specialist Applied Weather Technology (AWT) that will see the two companies integrating

Navig8 to Acquire ECO Chemical Tankers

Navig8 Chemical Tankers Inc. is pleased to announce that it has signed resale purchase agreements with an agribusiness group  to purchase two ECO 49,000 dwt chemical

First Damen Crane Barge to head to Uruguay

  Damen Shipyard Group’s new transshipment Crane Barge (CBa) 6324 has got off to a strong start, with an order for the first unit from a client in Uruguay. The

Encana Buying Athlon Energy for $5.93 bln

Canada's largest natural gas producer Encana Corp said on Monday it has agreed to buy Athlon Energy for $5.93 billion in cash, as it accelerates its plan to focus

Dorian LPG Announces Delivery of the "Corsair"

  Dorian LPG Ltd., a leading owner and operator of modern Very Large Gas Carriers ("VLGCs"), today reported that it has taken delivery of the ECO VLGC "Corsair" from Hyundai Heavy Industries.

Bashneft: Operations Unaffected After Court Seized Sistema-Owned Shares

Russian oil company Bashneft says its operational activity has not been affected after a Moscow court seized shares owned by its parent-company oil-to-telecoms conglomerate Sistema.

Glacier Energy Services Acquires MSL Heat Transfer

Energy sector service group Glacier Energy Services has acquired MSL Heat Transfer, the Aberdeen-based radiator and cooler design, manufacture, repair and refurbishment provider,

Russia Moves to Take Sistema

Sistema's main owner is under house arrest; faces charges over acquisition of Bashneft. Investors fear more state intervention in economy. Russia moved to wrest

German Shipbuilder FSG Taken Over by Siem Industries

The German Shipyard Flensburger Schiffbau-Gesellschaft (FSG) informs that it has a new owner: the Norwegian controlled Siem Industries will take over command of the shipyard,

Catcher Update by Cairn

  Cairn is pleased to announce that it has entered into a farm out agreement for the sale of a 10% interest in the Catcher development and adjacent acreage in the UK North Sea.

ADB Selling up to $120m Stake in Petronet LNG

Asian Development Bank (ADB) has launched a share sale in Indian gas supplier Petronet LNG Ltd to raise up to $120 million, three sources with direct knowledge of the deal said on Thursday.

Venezuela-Exxon Arbitration Edict Coming Soon

A World Bank arbitration tribunal will rule in days that Venezuela must pay between $700 million and $1.2 billion to Exxon Mobil Corp to compensate for a 2007 nationalization,

Dynagas Partners Announces LNG Carrier Acquisition

Dynagas LNG Partners LP, an owner and operator of LNG carriers, has announced that it has entered into an agreement to purchase from Dynagas Holding Ltd., the partnership's sponsor,

advertise here
 
 
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1652 sec (6 req/sec)